Partner Article
£100m chemical scheme maybe a UK first
PLANS to create a new £100 million chemical scheme on Teesside could generate up to 80 jobs.
Solvert Limited is hoping to develop the UK’s first manufacturing facility which produces industrial chemicals from domestic and commercial waste.
Thanks to new legislation, and demand from companies keen to improve their environmental credentials, Solvert believes that it is the right time for the UK to establish itself as a world-leader in the renewable chemicals market.
So far the firm has secured funding worth £200,000.
Solvert’s CEO Kris Wadrop, said: “The current drive within the UK is to divert waste away from landfill sites into more productive uses – such as feedstocks for other processes,”
“Organic waste, such as spoilage from supermarkets or the leftover food from our kitchens at home and in restaurants, holds immense potential for conversion into valuable chemicals to replace those produced from crude oil.”
Solvert is now looking at four possible sites for the plant, including the Impetus Reclamation Site at North Tees, Tata Steel, Wilton and the former ICI site at Billingham.
This was posted in Bdaily's Members' News section by Ruth Mitchell .
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning National email for free.
Resilience, connection and maximising opportunity
In pursuit of healthy obsession
Why the Budget must restore productivity
What does collaboration really mean in business?
Why NE6 is the real Northern Powerhouse
Can you really judge someone by their CV?
Are you flying too close to business burnout?
Making education a lot better for a lot more
Have we made it harder for young people to succeed?
Celebrating Nissan's North East success story
Are you a meat proxy?
Engaging the five-generation workplace