A Norwegian company building a waste tyre recycling plant in the North East says it has created a complete supply chain for used tyres, following an agreement to sell one of its main products.
Wastefront AS was co-founded in Oslo four years ago by former Sunderland University student Christian A. Hvamstad, amid moves to create useful commodities for manufacturing industries from old tyres. It has unveiled plans to launch its first plant at Port of Sunderland, which could process around 80,000 tonnes of tyres per year when it is at full capacity.
Now the firm has announced its latest agreement which it says will achieve a fully circular supply chain for the UK’s end-of-life tyres. The deal sees Weber & Schaer, one of Europe’s largest distributors of products for the rubber industry, sign a strategic offtake and on-sale agreement for Wastefront’s Recovered Carbon Black (rCB). The firm will take a minimum of 35% of the rCB produced at Wastefront’s £100m Sunderland plant, with the opportunity to further scale up in the future.
