The company also plans to recruit 140 full-time employees, 80 in operator roles to work at the plant, which will become operational in 2023.
According to UBQ, the facility will have an annual production capacity of 80,000 tons from 104,600 metric tons of annual waste.
“The manufacturing industry has an opportunity to positively impact the world by transitioning to a new standard of sustainable materials and becoming a driving force for the circular economy,” said Jack Bigio, co-CEO and co-founder of UBQ Materials.
