Located on the site of Saltend Chemicals Plant in Hull, Tricoya Ventures UK Ltd.’s new wood chip acetylation plant is set to revolutionise the opportunities presented to the architectural world in terms of MDF panels.
G&T has been appointed to provide Cost Management services on the new plant - the world’s first Tricoya® wood chip acetylation plant. Scheduled to open in 2019, the factory will provide around 30 permanent jobs. The plant will manufacture acetylated wood chips, which will then be used to make extremely durable, stable and sustainable Tricoya® MDF panels. Unlike traditional MDF panels, Tricoya® panels can be used for external construction and wet applications, and come with a 50 year above ground and 25 year in ground guarantee.
Nick Clarke, G&T Partner commented, “We are delighted to have secured our first commission with Tricoya Ventures on such a ground breaking project. It gives G&T the opportunity to demonstrate our further expertise within the industrial sector.”
The project is being funded, built and operated by a consortium of companies including parent group Accsys Technologies, BP Technology Ventures Ltd, BP Chemicals Ltd, Medite Europe DAC, Business Growth Fund Investments LP and 1798 Volantis Catalyst Fund II. The plant has also received funding from the Green Port Growth Programme and from the LIFE programme of the EU.