Plans have been revealed for a multi-million pound waste-to-energy plant in Redcar that could create hundreds of employment opportunities.
Yorkshire waste management firm PMAC Energy secured 25 acres of land at Redcar Bulk Terminal (RBT) for the £250m scheme.
Subject to permitting and planning approvals, the facility could create 400 jobs at the heart of the South Tees Development Corporation site.
The plant could produce waste-derived fuels from 2021, generating enough electricity once operational to power 56,000 homes.
Garry O’Malley, general manager of RBT, said: “Today’s announcement is hugely significant, not only for our businesses but for the whole South Tees region.
“We’ve worked closely with PMAC Energy on this project for a number of years and it’s another reflection of the continued resurgence of Redcar Bulk Terminal and this site.”
He continued: “Like many others on Teesside, we were dealt a hammer blow when SSI closed – so much so you could say RBT’s mere survival is a success in itself.
“We’re grateful for the strong support we received during these difficult times, in particular from Greybull who provided us the capital and energy required to turn the corner. The fact we’re seeing significant growth, diversifying our business and attracting new companies to the Tees is an incredible achievement.”
BDAILY ARTICLE
Read more posts
Turnover and profit up at…
22.10.2019The North East’s leading independent law firm for businesses, Muckle LLP, has reported an increase in income and profit for year ending March 2019. Newcastle based Muckle LLP saw turnover…
Read moreProtech’s ‘Pay It Forward’ scheme…
22.10.2019We often hear stories of those wanting to give back after achieving success, but so often it’s just talk. Steven Ward of Protech however, is bucking the trend and really…
Read moreBaltic Apprenticeships recruitment open days
21.10.2019After the success of their summer recruitment drive, Newton Aycliffe based training provider Baltic Apprenticeships are hosting two more recruitment open days in November. As well as supporting tech and…
Read more