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Allianz Insurance Singapore Pioneers Sustainable Tyre Recycling with ‘Recycle My Tyres’ Initiative to Transform Automotive Waste

Money Compass by Money Compass
April 30, 2025
in PR Newswire
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Allianz Insurance Singapore Pioneers Sustainable Tyre Recycling with ‘Recycle My Tyres’ Initiative to Transform Automotive Waste
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SINGAPORE, April 30, 2025 /PRNewswire/ — Allianz Insurance Singapore has launched Recycle My Tyres, a first-of-its-kind recycling initiative by an insurer in Singapore, encouraging more sustainable tyre disposal practices and reducing automotive waste.

Thomas Lim, Chief Executive Officer of Global Enviro Technology (left), and Ong Bi Ying, Chief Operating Officer of Allianz Insurance Singapore (right), at the facility where scrap tyres are given a new lease on life through the Recycle My Tyres programme.
Thomas Lim, Chief Executive Officer of Global Enviro Technology (left), and Ong Bi Ying, Chief Operating Officer of Allianz Insurance Singapore (right), at the facility where scrap tyres are given a new lease on life through the Recycle My Tyres programme.

This programme, created in partnership with Singapore-based tyre recycler Global Enviro Technology, enables car owners to drop off used tyres at participating Allianz-authorised workshops. Tyres are then collected, pre-processed, and transformed using proprietary, patented, advanced RF (radio frequency) plasma pyrolysis technology into materials like recovered carbon black, syngas, and steel—giving tyres a second life instead of being incinerated or ending up in landfills. Global Enviro Technology is a regional pioneer in this space with its sustainable methodology & zero-waste practices. 

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“As an insurer, we see first-hand the impact mobility has on our environment,” said Ong Bi Ying, Chief Operating Officer of Allianz Insurance Singapore. “That’s why we’re taking this step, not just for our customers, but also for the wider community of drivers who care about making more sustainable choices.”

Through this initiative, Allianz Insurance Singapore and Global Enviro Technology will track the number of tyres collected and estimate the carbon savings from recycling. This data will help raise awareness and reinforce the collective impact of small changes.

The Recycle My Tyres programme is available to the general public to participate in. Interested drivers can visit participating Allianz-Authorised workshops to drop-off used tyres and have them recycled at no extra cost.

For more information and to find a participating workshop, visit: [www.allianz.sg/rmt.html].

About Allianz Insurance Singapore

Allianz Insurance Singapore is a leading general insurer offering a wide range of solutions for individuals and businesses. The company is committed to creating positive impact through digital innovation, customer-centric solutions, and sustainability-focused initiatives.

About Global Enviro Technology

Global Enviro Technology is a premier environmental services provider based in Singapore, committed to advancing sustainable waste management solutions. Specializing in tyre recycling, the company leverages cutting-edge RF (radio frequency) plasma pyrolysis technology to recover valuable materials such as oil, gas, and carbon black. This innovative process not only maximizes resource recovery but also significantly reduces carbon emissions, positioning Global Enviro Technology at the forefront of eco-friendly industrial innovation in the region.

For further information and media kit, please contact:
Julius Yang, [email protected],
Head of Marketing & Communications, Allianz Insurance Singapore

​ 

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