Plans to construct a world-leading recycling plant that will put the North East at the forefront of sustainable tyre recycling have been approved.
Wastefront AS, a Norwegian green energy company backed by energy giant Vitol, plans to construct the ‘UK’s greenest tyre recycling plant’ at Port of Sunderland UK, representing the largest ever investment at the North Sea hub.
Construction on the development is expected to begin this year, with company executives confident that the plant will be in commercial operation by 2024, creating around 100 skilled jobs.
Since unveiling plans for the recycling plant in August 2020, Wastefront has secured a decisive 10-year supply deal with energy giant Vitol, which will see the world’s largest independent oil trader purchase all of the Sunderland plant’s available liquid hydrocarbons.
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