With company capitalization rising from tens of millions NT dollars to over NT$800 million, Taiwan company Enrestec spends over NT$30 million on R&D personnel alone each year.
What makes Enrestec willing to pump so much money into research and development? “Waste tires are a worldwide problem we’re sure we can resolve,” asserts Lu Tai Jung, the company’s number-two shareholder, adding “If you’re going to do something, success is not an option.”
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