What is the anticipated annual dollar value of RRFB Nova Scotias new contract with Lafarge?
The new contract is worth approximately $2.4 million per year. That figure will vary, based on the number of tires collected annually. • Is Lafarge investing any of its own money in this new tire management program? Lafarge will be making all of the capital investments necessary for this project. • Is Lafarge able to start burning scrap tires right away, or must they upgrade their existing cement kiln? If Lafarge receives the necessary approval from the Province to use tires in their cement kiln, they will need to upgrade their facility at Brookfield to accept the used tires in the kiln. These upgrades could take several months. In the interim, Lafarge will truck used tires to their St. Constant cement kiln in Quebec. Once upgrades are completed at Brookfield, Lafarge plans to use about 60% of Nova Scotia’s scrap tires for fuel in the cement plant in Brookfield. They will ship the remaining 40% of the tires to one of their cement kilns in Quebec. • Can tire retailers and other Nova Sco
