Wastefront AS, an Oslo based waste tire recycling company, has chosen Port of Sunderland for the construction of its first plant. On completion in 2022, it is said to be the greenest waste tire recycling plant in the UK. Alternative fuel or rubber –
The plant will convert locally-sourced tires waste into useful commodities, including liquid hydrocarbons and carbon black. These ‘new’ raw materials can be reutilized in processes such as alternative fuel or ground rubber manufacturing. The construction of the plant is expected to generate around 100 jobs in the region and, once fully up and running in the second half of 2022, the plant will employ up to 30 people full time. Wastefront recently received funding from the Norwegian state-owned company and national development bank, Innovation Norway and it is supported by a government agency, The Research Council of Norway (Skattefunn). The company aims to raise investment from the UK, the Nordic countries, and International investors in Q1 2021, in order to facilitate the construction of the plant.