According to the Redcar & Cleveland Borough Council, the development is planned by Sembcorp and SITA UK.
Rumoured to cost around £200 million to construct, the recovery plant would be called Wilton 11 and could save 130,000 tonnes of carbon emissions, the local authority said.
"The area already boasts a world-class workforce in this particular field and I am delighted at the prospect of the addition of 50 new jobs, as well as the underpinning of others in the supply chain," council leader George Dunning commented.
As well as sustaining up to 200 jobs for users of concrete tools for three years, the project would create 50 permanent jobs, the body reported.
This comes after research by the Recruitment and Employment Confederation in conjunction with KPMG found that the most demand for staff was in the engineering and construction sectors during July.
Posted by Andrew Miles