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The Danish company Genan, which specializes in the industrial recycling of used tires, will invest nearly $50 million in a new recycling plant in Marl, Germany. The plant will have annual capability to turn 65,000 metric tons of tires into rubber powder and granulate. A neighboring Degussa plant will then use the output to make rubberized construction materials for applications such as playgrounds, football grounds, and asphalt.
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