Clean-recycling company wins incentives offer to build Weld County plant

DENVER — The Colorado Economic Development Commission on Thursday approved a  tax-incentive package aimed at coaxing an unnamed clean-energy recycling company to build a waste-to-energy plant in Weld County.

The company, referred to in Colorado Office of Economic Development and International Trade documents as Project Molecule, uses a process called pyrolysis to “convert tires and rubber to diesel fuel, recycled carbon black and clean steel.”

It is the commission’s practice not to identify companies OEDIT is recruiting until incentives are accepted. 

Project Molecule’s “technology will convert any type of recyclable and non-recyclable plastic material and uses a closed loop system with near zero…