Global energy trader Vitol has signed a 10-year offtake agreement with Norwegian tyre recycling firm Wastefront for fuel produced from its first plant due to be completed in 2023, the companies announced recently.
Vitol Teams up Wastefront
The Wastefront plant will be located in Sunderland, England with a capacity to process 60,000 tonnes of waste tyres a year, which would produce about 30,000 tonnes of liquid fuel to be bought by Vitol. The agreement extends to offtake from future new plants.
Globally about 29 million tonnes of tyres end their life each year, out of which Britain accou...
Vitol Teams up Wastefront
The Wastefront plant will be located in Sunderland, England with a capacity to process 60,000 tonnes of waste tyres a year, which would produce about 30,000 tonnes of liquid fuel to be bought by Vitol. The agreement extends to offtake from future new plants.
Globally about 29 million tonnes of tyres end their life each year, out of which Britain accou...
