Subsidiary8 Jul 2026, 10:20 pm

Tinna Rubber Incorporates Wholly Owned Subsidiary in Chile

AI Summary

Tinna Rubber and Infrastructure Limited has announced the incorporation of its wholly owned subsidiary, TINNA RUBBER CHILE SpA, in Santiago, Republic of Chile. This move is part of the company's international business expansion strategy, aiming to broaden its global footprint and strengthen its supply chain for end-of-life tyres (ELTs) and other waste materials. The subsidiary will engage in recycling and processing of ELTs, plastic waste, scrap, battery waste, and other allied waste management activities. The authorized share capital is CLP 500,000,000, with the company acquiring 100% of the share capital. Post-incorporation compliances are underway, and capital infusion will occur in due course.

Key Highlights

Tinna Rubber establishes a wholly owned subsidiary in Chile.
The subsidiary will focus on waste management and recycling.
This expansion aims to strengthen global supply chain and footprint.
100% shareholding acquired with an authorized capital of CLP 500,000,000.

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TINNARUBR

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Tinna Rubber and Infrastructure Limited

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