News
The UK’s first purpose built oil re-refinery
The company, which already operates re-refineries in Canton, Ohio and New South Wales, has chosen Peel Port’s new Port Wirral site at Eastham on Merseyside.
The site has the advantage of excellent transport connections by road, rail and water along the River Mersey and Manchester Ship Canal and will enable Hydrodec to tap into the established petrochemicals expertise in the region.
“Hydrodec is focused on developing the UK’s first purpose built used lubricant oil-refinery producing the highest quality base oils,” said Hydrodec chief executive Ian Smale.
“We’re currently fully engaged in the planning, permitting and financing process for the project.”
Subject to planning permission, the new re-refinery is set to create up to 40 jobs and apprenticeship opportunities, and will support further jobs during the construction phases of the facility.
Construction is anticipated to commence in 2016 and will take approximately 18 months to complete.
Peel Ports is currently embarking on ambitious growth plans in the North West, having created Port Salford, the new £125m multi-modal logistics hub on the Manchester Ship Canal, the company is also investing £300m to create the UK’s most centrally located deep water container terminal, known as Liverpool2. The Port of Liverpool currently handles 40% of all the UK’s transatlantic trade.
www.hydrodec.com