A Norwegian company building a waste tyre recycling plant in Sunderland has announced a €2m grant as part of a collaboration with a Swedish engineering company.
Wastefront AS was co-founded in Oslo three years ago by former Sunderland University student Christian A. Hvamstad, on a mission to create useful commodities for manufacturing industries from old tyres. The innovative company announced plans to open it first plant at Port of Sunderland two years ago, with the construction stage expected to generate around 100 jobs and, once fully up and running in 2025, a further 30 full-time members of staff needed to run the site.
Now – six months after announcing an agreement with Gateway Resources which guarantees supply of end-of-life-tyres – the firm has announced a collaboration with Swedish chemical firm Hulteberg Chemistry & Engineering AB. The firms will work together on oil purification project Hyfuel, which purifies pyrolysis oil – the oil extracted from the old tyres.
