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New Hope Energy In Talks With Morris County
Source: New Hope Energy
New Hope Energy is pleased to announce that we are in discussions with Morris County, Texas to create an additional fabrication entity and possibly more advanced recycling facilities in the county. When we come to final agreement, we intend to use existing facilities and rail infrastructure into a Sustainable Trade Zone .
New Hope Energy is an industrial environmental company engaging in industrial fabrication, plant development and plant operating activities focused on advanced recycling and based in Tyler, TX. New Hope Energy’s first 24/7 commercial production plant, Trinity Oaks Tyler- Phase I is a pyrolysis facility that processes plastics into pyrolysis oil, that can be used to make virgin plastic resin or fuels. We plan further growth for these facilities.
New Hope Energy selected Morris County because of its skilled available work force, pre-existing industrial facilities, rail access, and local economic development leadership.
The Sustainable Trade Zone is a model New Hope Energy intends to use to build infrastructure to activate a systems approach and green supply chain to support a regional circular economy. An American transition to a circular economy is already underway, and current and proposed federal and state legislation will necessitate similar facilities everywhere,
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