British Airways owners IAG has announced an investment into a Norwegian company which is building a waste tyre recycling plant in the North East.
Wastefront AS 鈥 which was launched in Oslo six years ago by former Sunderland University student Christian A. Hvamstad 鈥 is creating a complete supply chain for used tyres, through the launch of a 拢1m plant at Port of Sunderland. Once at full capacity, the Wastefront facility will be ale to process around 80,000 tonnes of tyres per year, turning the used tyres into Sustainable Aviation Fuel (SAF).
IAG says the deal marks another step forward in its commitment to sustainable fuels, while also enabling Wastefront to begin construction on its fully circular tyre-to-fuel facility at the port.
The plant will start operating next year and once fully operational the following year it will process up to 10m waste tyres each year, a fifth of the amount the 海角视频 currently generates each year. At the moment most of the 50m end-of-life tyres are exported each year to countries such as India where they are incinerated in cement plants or disposed of in landfills.
Facilities like Wastefront鈥檚 planned Sunderland plant are critical to meeting the 海角视频鈥檚 SAF mandate, which came into effect at the start of the year, requiring at least 10% of all jet fuel used in flights departing the 海角视频 to come from sustainable feedstocks by 2030, rising to 22% by 2040.
Jonathon Counsell, IAG鈥檚 group sustainability officer, said: 鈥淲e鈥檙e proud to support innovators like Wastefront, who are finding new forms of feedstocks to produce advanced fuels. However, as global demand for Sustainable Aviation Fuel (SAF) grows, it鈥檚 crucial to expand production in the 海角视频. The recent Government mandate will help reduce aviation鈥檚 overall carbon impact, but airlines need confidence that the planned revenue certainty mechanism will support 海角视频 businesses in developing SAF technology without further increasing the cost base for 海角视频 airlines.鈥
Vianney Val猫s, CEO of Wastefront, said: 鈥淎t Wastefront, our mission is to turn a problematic waste stream into a highly valuable resource. We can create SAF at an extremely competitive cost with a very low environmental footprint - capable of reducing carbon emissions in the production process of up to 80% compared to traditional jet fuels. This investment is a testament to the potential of Wastefront鈥檚 technology in tackling waste and air pollution.鈥
The investment by IAG is part of its broader strategy to reduce carbon emissions in its operations, across its airlines Aer Lingus, British Airways, Iberia, Vueling and LEVEL. The group has already secured more than a third of its 2030 SAF target and was the first European airline group to pledge 10% SAF usage by 2030.
By 2030, Wastefront plans to operate four large-scale plants, collectively producing 128,000 tonnes of derived oil annually, which is then refined into road fuels and SAF.
Matthew Hunt, director at Port of Sunderland, said: 鈥淭oday鈥檚 announcement by IAG represents a significant vote of confidence in Wastefront鈥檚 plans to establish a world-leading end-of-life tyre recycling facility at Port of Sunderland.
鈥淯pon completion, the facility will recycle hundreds of thousands of tonnes of end-of-life tyres every year and convert them into sustainable green aviation fuel, positioning the port at the heart of the 海角视频鈥檚 circular economy while further strengthening the port鈥檚 reputation as a global advanced materials processing hub.
鈥淲e look forward to working with IAG and Wastefront over the coming weeks and months as work progresses on the development of the terminal, which will create numerous high-skilled jobs for the people of Sunderland and its surrounding areas.鈥
