A non-incineration waste-to-energy company is set to more than
double its workforce after moving into 15,000 sq ft of Grade A
office space at Blueprint's No.1 Nottingham Science Park.
Chinook Sciences Ltd, are the inventors and developers of an
industrial renewable energy technology called RODECS, has agreed to
take most of the available space in the south wing at the
sustainable development in University Boulevard.
The company, currently based in Park Row, has signed a
five-and-half-year lease and is set to increase its workforce from
45 to 90 within the next 12 months on the basis of anticipated
demand for its recycling technology as local authorities seek
alternatives to land-filling waste.
"The biggest driver in the market is going to be the need to
reduce landfill, especially since European legislation means that
landfill tax will keep increasing over the coming years," said Paul
Riley, senior manager at Chinook Sciences.
Chinook's expansion into No.1 Nottingham Science Park comes just
three months after Chinese carmaker Changan also set up its
European R&D centre at Blueprint's high visibility striped
green building. With Chinook's presence the development will be 80%
full - a remarkable turnaround from the position a year ago when
the science park was almost empty and suffering the impact of a UK
economy mired in deep recession.
Twelve months on and Blueprint can now boast that its science
park is almost a full, with six tenants in the environmental
technology sector. Blueprint sales and marketing director John Long
said the success was a vindication of Blueprint's original vision
for a sustainable science park and a reflection of the health of
Nottingham's growing 'green-tech' business sector.
"In 18 months we've done six deals and we've kept faith with
this building," he said. "We started designing No.1 Nottingham
Science Park in 2006 at a time when people weren't building
energy-efficient green buildings on this scale. There wasn't the
interest in iconic design and the science park was seen as hugely
risky. People didn't get it and there was even a bit of sniggering.
Then the recession came. But we always said 'when the good times
return and businesses start looking at property again they will get
it' - and that is what has happened. And I think the recession has
even helped us, because having a low-energy building which keeps
your bills down is probably more attractive than ever."
Chinook Sciences is a US-based company with its head office in
Cranford, New Jersey. Headed by CEO and chairman Dr Rifat Chalabi,
the business invented and developed a patented industrial recycling
technology called RODECS® which is used globally.
This revolutionary technology is a non incineration, thermally
efficient and environmentally safe system to process a wide range
of end stage waste materials, recovering the energy to produce
steam which is used to generate electricity, which is then exported
to the grid.
Since the system uses gasification, rather than incineration,
metals from processed materials can be recovered from the residue
and re-cycled.
"If you were processing shredded car waste, for example, the
metals such as copper in the wiring can be recovered for
re-cycling," said Mr Riley.
The company is currently building the world's largest waste
gasification plant in Liverpool in partnership with European Metal
Recycling.
This 30 MW plant, capable of processing 160,000 tonnes of waste
that would otherwise end up in landfill, is being designed,
engineered and project managed from Nottingham. Anticipation of
future contracts like this, as local authorities seek to keep
industrial waste out of landfill, lies behind Chinook's decision to
expand into Blueprint's science park.
"We can see that out biggest growth will be in the UK," Mr Riley
added. "This is why we have taken a 5.5 year contract on the new
office. The science park also fits in with our ethos of being an
environmentally-friendly company."
After processing, only 5% of the waste will remain as sterile,
inert residue and the company is seeking a use for this as an
aggregate.
Nick Dunn, partner at NG Chartered Surveyors, which represented
Chinook, said that Chinook Sciences Ltd have been searching for
suitable offices around the Nottingham area for some time.
"The difficulty has been that the company is fast expanding and
their needs have evolved. No.1 Nottingham Science Park ticked
all the right boxes; it fits in with Chinook's image and they have
the option to take an additional 5,000 sq ft in addition to the
15,000 sq ft, which gives them the safety net to grow if they need
it."
Chinook is now looking for a new R&D facility close to the
Science Park in addition to its existing R&D facility in
Nottingham, this will also create an additional 10 people to its
workforce.
The lease agreement between Chinook and Blueprint was finally
signed just three weeks after negotiations were opened in
mid-August, Blueprint's lawyers being instructed by John Long from
a hotel room in San Francisco on the first day of his summer
holidays.
Chris Sinclair, of Innes England, who represented Blueprint,
added: "Three weeks to reach an agreement is a very quick
deal in this business. Chinook wanted to start occupancy from
November 1 so they counted back the weeks to give them enough time
for the office fit-out. It's a testament to the team involved,
including the lawyers, that agreement was reached so quickly and
smoothly."
John Long said he now wants to help build a sense of community
among all the tenants, and help them connect to green-tech business
networks that are being developed in Nottingham.
"The sense of community is the added value of being a tenant
here," he said. "We want to encourage the cross-pollination of
ideas and encourage tenants to discover the synergies of working on
this science park.