Norwegian waste tyre recycling company Wastefront has appointed Vianney Valès as its new CEO, replacing founder Inge Berge, who moves to chief operating officer. Valès is a former top oil and gas executive in in companies such as Shell and Galp Energia. He was first introduced to Wastefront by its liquid offtaker Vitol in 2019, was initially engaged with the Norwegian company in his former position as CEO of Devaltec LLC, a project developer and solutions provider in new and sustainable energies. Valès will be responsible for de-risking the company’s first waste tyre plant project in Sunderland, due to begin construction in early 2022. Valès will relocate immediately to London from Houston, Texas. Wastefront added that Valès’ initial priorities will include the selection of an EPC partner, developing commercial agreements, and ensuring all outstanding permits are approved.
Wastefront recently appointed Norwegian international accredited registrar and classification society DNV GL to conduct a Life Cycle Assessment for Wastefront’s proposed tyre to hydrocarbon plant in Sunderland. The Sunderland plant, which was announced last summer and which will be delivered in association with Devaltec LLC, is due to be completed in 2023. Now Wastefront’s Sunderland plant is roughly two years away from operation, the company has shared some of the primary base-case scenario findings from the report with Tyres & Accessories.
Norwegian waste tyre recycling company, Wastefront AS has entered into an exclusive long-term project delivery partnership with Devaltec LLC. The partnership will commence with Wastefront’s first waste tyre recycling plant in Sunderland, due for completion in 2023. Wastefront had previously secured a 10-year offtake agreement with Devaltec’s liquid offtaker, Vitol for the production of liquid hydrocarbons and certain non-liquid products due to be produced at the Sunderland plant and future plant sites. Devaltec will now be the primary strategic partner to Wastefront, co-leading the development of all upcoming projects for the next five years. It is contracted to deliver production from multiple plants of minimum 1000 MTD.
Norwegian waste tyre recycling company Wastefront has chosen Port of Sunderland as the location for its first plant. Construction will begin in 2021. The company says that on completion it will be “the greenest waste tyre recycling plant in the UK.” The plant will convert locally-sourced End-of-Life Tyre (ELT) waste into useful commodities, including liquid hydrocarbons and carbon black, which can then be reutilised in processes such as alternative fuel or ground rubber manufacturing. The construction of the plant is expected to generate around 100 jobs in the region and, once fully up and running in the second half of 2022, the plant will employ up to 30 people full time. It is estimated the investment will be around £25 million.
Norwegian tyre recycling startup Wastefront, has appointed Maria Moræus Hanssen as its chairperson. Heading up Wastefront’s board, Hanssen brings international experience from top-level positions within oil, gas and energy companies such as Hydro, Equinor, Aker and Engie. She has served as a board member of multiple Scandinavian industry leading companies – including Det norske oljeselskap ASA, Electromagnetic Geoservices ASA, and Yara International – over the past twenty years, with current, active board member positions at Alfa Laval, Scatec Solar and Oslo Bygg. She was previously deputy CEO and COO at Europe’s leading oil and gas company, Wintershall DEA. Wastefront has also announced its first £25 million tyre recycling facility will be built in the UK.
Norwegian tyre recycling startup, Wastefront AS has confirmed that its first plant will be located in the UK. It plans to invest between £20-30 million on the recycling facility, with its construction resulting in employment for around 100. When fully up and running, Wastefront adds the plant will employ between 20 and 30 people full time. The company, founded in 2019 in Oslo, is now deciding where to locate its first site. The company tells Tyres & Accessories that its plant will be the first to combine conventional technology with Wastefront’s own proprietary technology, which will minimise the environmental impact typically associated with traditional tyre pyrolysis. It adds that this will “make the UK plant the ‘greenest’ of its kind.”