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Velocys PLC hails planning permission for its waste-to-jet-fuel plant in Lincolnshire

Velocys Plc (LON:VLS) chief executive Henrik Wareborn speaks to Proactive soon after receiving planning committee approval for its waste-to-jet-fuel plant in Immingham, North East Lincolnshire.

The plant's intended to convert hundreds of thousands of tonnes per year of non-recyclable everyday household and commercial waste into cleaner burning sustainable aviation fuel.

It's a collaboration between Velocys, British Airways PLC and Shell and Wareborn says it's expected to create 130 permanent skilled jobs and many more during construction.

Quick facts: Velocys Plc

Price: 6.44 GBX

AIM:VLS
Market: AIM
Market Cap: £35.2 m
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