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Mura subsidiary ReNew ELP have opened their UK office at the Wilton Centre, a science and business park in Redcar, Teesside.
With plans to place up to 20,000 tonnes of recycled, liquid hydrocarbons onto the market annually, the securing of office space and headquarters brings together a team of highly experienced engineers and business development experts to move the project forward into commercial operational.
ReNew ELP have plans to expand the site upon completion and successful commercial operation of the first site.
The patented HydroPRS™ (Hydrothermal Plastic Recycling System) process uses supercritical water (at high pressure and high temperature) to recycle a wide range of feedstocks – turning end-of-life plastics back into fossil-replacement oils and chemicals.
"As the centre of the UK’s chemicals industry, Teesside is the ideal location for our first plant and head office. The many benefits of being part of a process industry cluster convinced us to choose the Wilton Centre, as the region boasts a skilled workforce, vital infrastructure and utilities, and a large number of potential feedstock suppliers and customers for our products.”
Richard Daley
Managing Director, ReNew ELP
