£40m plan could see end-of-life tyre reprocessor make tracks to the South Bank
2nd January 2018
MILLIONS of worn out tyres could soon be transformed into valuable new products on the South Bank after a £40 million investment was given the go-ahead by planners.
Between 45 and 60 jobs could be created if Mishergas realises the development within the former Immingham Railfreight Terminal at Stallingborough, creating oil, steel and carbon black for the fuel and manufacturing sectors.
It is a third significant refuse-focused plant to be revealed for the area in recent weeks, with proposals also put forward for a plastic reprocessing operation in Grimsby and a waste-to-energy plant on neighbouring land off the entrance to Port of Immingham East.
Together they are worth nearly a quarter of a billion pounds, and would bring a new dimension to the Energy Estuary’s credentials.
Somerset-based Mishergas is led by husband and wife team Dan and Vicki Templar, with extensive experience of renewable technologies built up over the past 15 years.
Mr Templar, director of operations, said: “This has come about because we need to clean up the waste from tyres in the UK. We looked at how many waste tyres are created, and that amounts to 400,000 tonnes a year, with a very small percentage getting ground down for playground flooring and cement. Most are exported to be burnt, which is very, very unenvironmentally friendly. We looked at how best to use this resource, and keep it in this country, and came up with a process of pyrolysis. We rolled out this project which will take out 50,000 tonnes of car tyres a year – 10 per cent of the current use.”
The thermochemical decomposition at elevated temperatures involves a process that has been proved globally, and refined specifically for this, based on 14 reference sites.
Mr Templar said the reprocessing would result in 31 million litres of oil, to be blended with diesel as a recognised renewable fuel, and between 16,500 and 17,000 tonnes of carbon black, which can be used in car tyre production, bumper manufacture, cables and other plastic uses. Recovered steel wire can also be recycled.
The model sees revenue generated from the products, with gate fees paid for the tyres, which are collected from the central depots of high street fitters.
“Now we have got planning we have entered into an auction for investment companies to come in and invest for equity in order to build it out,” Mr Templar said, adding there is potential for a complete buy-out, too, with Mishergas acting as operator.
“By early spring we are hoping to finish that process, and reach financial close,” he said.
Looking ahead, Mr Templar, who estimates the environmental impact is roughly the equivalent of planting 120 million trees when it comes to carbon savings, added: “The whole thing would take about 18 months to build from the start-date. We are now looking for companies to make bids and offers to be part of this.”
An embedded gas-fired electricity generating site, supporting National Grid, is also included.
The development comes a decade on from a separate food waste to energy proposal for the site, under the name Encycle, which also gained planning approval but was not brought forward due to technology issues.
Four years ago, a wider waste to energy plan was also proposed, by Vaporo Tech Ltd, but again was not brought forward.
As reported last month, Australian firm Integrated Green Energy Solutions has plans for plastics reprocessing on part of the former Courtaulds site in Grimsby, while just yards from Mishergas, North Beck Energy is looking to develop a waste to energy plant. Together they represent £230 million of proposals.
News Courtesy: www.humberbusiness.com