Green, innovative production of tires for material handling vehicles

Project facts

Project promoter:
MedinaMed OOD(BG)
Project Number:
BG-INNOVATION-0024
Status:
In implementation
Initial project cost:
€1,670,000

More information

Description

Founded in 2006, Medina Med Ltd, a family-owned enterprise based in Stara Zagora, has become a prominent player in the tire repair industry. With a certified network of tire repair shops spanning major Bulgarian cities, including Sofia, Plovdiv, Pazardjik, Burgas, and more, the company specializes in processing retreaded cargo, agro, and industrial tires. Witnessing rapid growth, this segment has birthed its own brand of retreaded tires named Remedima. A retreaded tire is a tire that undergoes a process of replacing its worn tread with a new layer, allowing for cost-effective and environmentally sustainable tire reuse.

In pursuit of enhancing processing technologies for retreaded tires, the company has devised an extensive strategy, including investments in new equipment to bolster operations. The current project revolves around the introduction of a new production line, implementing an innovative hot-retreading process specifically designed for material handling vehicles in sizes 9.00R20, 10.00R20, and 11.00R20. Pneumatic tires play a pivotal role in material handling vehicles, providing maximum stability and traction, especially in challenging warehouse environments, outdoor settings with liquid spills, and adverse weather conditions.

The retreading process, developed internally, is poised to double the lifespan of tires at a more cost-effective rate compared to new tires. This not only translates to substantial savings for operators but also contributes to environmental sustainability by reducing CO2 emissions from the tire production process. Through these strategic initiatives, Medina Med Ltd aims to solidify its position as an industry leader and pioneer in advancing tire processing technologies.

Information on the projects funded by the EEA and Norway Grants is provided by the Programme and Fund Operators in the Beneficiary States, who are responsible for the completeness and accuracy of this information.