Port welcomes a second boost for recycling plant
A renewable energy specialist which is bringing the UK’s greenest tyre recycling plant to Wearside has secured a second lucrative deal.
Waste front AS, a Norwegian waste tyre recycling company, has signed an exclusive long-term project delivery partnership with US sustainable energy specialist Devaltec LLC.
De val te cw ill act as Wastefront’s primary strategic partner and will co-lead all upcoming projects for the next five years.
This includes the company’s tyre recycling plant being constructed at Port of Sunderland, which is due to be completed in 2023.
The announcement follows Wastefront securing a 10-year agreement with global energy giant Vitol for the production of liquid hydrocarbons and certain non-liquid products produced at the Sunderland plant.
Inge Berge, CEO and cofounder of Wastefront, said: “Our ambition is to become a world leader in tyre recycling, building a profitable growth company while at the same time solving a global environmental problem.
“We believe De val tec’ s industrial background and project experience will play a key part in realising Wastefront' s potential, so I’m excited about this strategic partnership.”
Matthew Hunt, director at Port of Sunderland, said: “This is yet another fantastic achievement for Wastefront and shows how much confidence investors and the wider energy industry have in its pioneering technology.
"We are absolutely delighted that the company has chosen Port of Sunderland as its base and look forward to working shoulder-toshoulder with the team to help them realise their ambitions.”
Wastefront’s plant will be the first to combine conventional technologies with the company’s own process to minimise the environmental impact typically associated with traditional tyre pyrolysis.
The company’ s equipment complies with all local and European environmental regulations.
The gas purification system removes pollutants, organic compounds and harmful solid particles without releasing unwanted by-products into the environment.