TyreGenics is a joint venture between majority shareholder Credential Environmental, the UK market leader in recycling used tyres; industrial gases expert, BOC; world-leading Canadian based artificial sports pitch business FieldTurf Tarkett and Canadian cryogenic plant manufacturer RTI Cryogenics Inc.

With approval from the Welsh Assembly the development received a £1.4m grant from the European Union’s Objective One fund in support of the jobs and commercial opportunities the venture has brought to South Wales.