
Prostock | stock.adobe.com
Empire Green Generation LLC, a wholly owned subsidiary of Empire Diversified Energy Inc., has closed on its financing of up to $10 million for the final commissioning of a pyrolysis recycling facility.
The GreenGen recycling plant converts end-of-life plastics into pyrolysis oils used to displace petroleum-derived commodities, specifically at petrochemical refiners. The operations are designed to recycle 70 metric tons per day of plastic by employing a pyrolytic process, generating 1.4 megawatts of electricity from the plant’s syngas.
“We are very thankful for our lender’s continual support as we expand our recycling and sustainability efforts at the Port of West Virginia,” Empire CEO Frank Rosso says. “We believe Empire Green Generation will set the standard for waste-to-energy recycling plants in the United States. I want to thank our entire Empire team for their tireless commitment over the past three years bringing this vision to commercial viability. We will continue to provide updates to all of our stakeholders as the commissioning process transitions into full operations in the next quarter.”
Empire Green Generation closed on the financing through the sale to an institutional investor of Solid Waste Disposal Facilities Revenue Bonds Series 2025 with the West Virginia Economic Development Authority.
Get curated news on YOUR industry.
Enter your email to receive our newsletters.
Latest from Recycling Today
- ReMA toolkit helps members illustrate the impact of the recycled materials industry
- Nidhi Turakhia to receive ReMA Great Lakes Regional Robin K. Wiener LAKES Award
- Algoma Steel seeks government funding
- Navigate initiates billet trade tracking feature
- Hydrogen skepticism besets steelmaking sector
- Coperion, Herbold bringing plastic recycling technologies to K Show
- Schupan and Sons appoints VP of Human Resources
- Vanden launches catalogue for recycled PET resins, flake