Iodic Holdings limited, a company advised and asset managed by Armstrong, is pleased to announce it has secured 4 acres of land at the Wilton International Site in Middlesbrough.

The land has been secured under option, subject to planning permission, for Tourian Renewables Limited, another Armstrong company, to build a plant that will process 20,000 tonnes per year of end of life plastics. A full planning application will be submitted this month.