An innovative plastics recycling company has established its new UK headquarters at the Wilton Centre, Teesside’s premier science and business park.
ReNew ELP has developed a breakthrough technology, Catalytic Hydrothermal Reaction (Cat-HTR) to chemically recycle end-of-life plastics into valuable oils and petrochemical products.
ReNew ELP plans to build and operate new plastic recycling plants in the UK to address the global problem with end-of-life and single-use plastic disposal. The company is building the first commercial scale Cat-HTR plant at the adjacent Wilton International site, which will create around 40 new jobs in Teesside.
The plant will initially recycle 20,000 tonnes of end-of-life plastic per annum but ReNew ELP has planning consent for a further three units, with a potential total processing capacity of 80,000 tonnes per annum.
The patented Cat-HTR process uses water at high pressure and high temperatures to chemically recycle a wide range of feedstocks – including end-of-life plastics – into stable synthetic oils and valuable chemicals.
Richard Daley, managing director, ReNew ELP, said: "As the centre of the UK's chemicals industry, Teesside is the ideal location for our first plant and head office.
"The many benefits of being part of a process industry cluster convinced us to choose the Wilton Centre, as the region boasts a skilled workforce, vital infrastructure and utilities, and a large number of potential feedstock suppliers and customers for our products."
Steve Duffield, Wilton Centre site director said: “We are delighted to welcome ReNew ELP to the Wilton Centre. They join a host of innovative organisations at the North East’s premier science and business park and will benefit from our unique facilities and opportunities to collaborate with our other occupiers.”
ReNew ELP's patented Catalytic Hydrothermal Reactor (Cat-HTR) technology was developed by Australian company Licella over the past 10 years and has already been extensively tested at a pilot plant in Australia.
The Cat-HTR process involves breaking down a wide range of plastics to their original component molecules and then rearranging these molecules to turn the waste plastic into readily usable chemicals and recycled oils.
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