The invention relates to an environment-friend regeneration rubber production method, which is characterized in composed of a, washing, purifying, breaking, screening via a screen of 45 meshes, taking off the screened material, removing metal and fiber to obtain rubber powder, b, preparing materials as rubber powder of 100 accounts, activator of 0.2-0.5 accounts, pine gum of 1-4 accounts, organic acid salt of 0.3-1.5 accounts, rubber seed oil of 8-12 accounts and water of 5-10 accounts, c, mixing rubber powder, activator, pine gum, organic acid salt, rubber seed oil and water uniformly to be fed into a vulcanizing pot at the temperature of 200-220DEG C and the pressure of 1.5-2.0MPa to dynamically desulfurize for 3-3.5h, using a biological chemical adsorption tower to purify tail gas, d, refining and tabletting to obtain environment-friend regeneration rubber. The invention has reasonable method, simple process, wide material resource, low price, better physical property and chemical stability, high product quality, high yield, low cost, little environment pollution and wide application in rubber product.