Sustainable waste management company, Biffa, has finished a deal to obtain Scotland’s only post-customer plastics recycling service (PRF) from Environment friendly Circle Polymers Ltd (GCP) situated in Grangemouth for the sum of the £10 million.
each year processes around 50
The Grangemouth facility is among the largest PRFs in the united kingdom and,000 tonnes of plastics such as for example mixed plastic containers and plastic material tubs and trays in order to be used to generate new plastic material.
The acquisition, year results on 1 June 1 2021 that was first introduced in Biffa’s FY21 complete, bolsters Biffa’s marketplace leading plastics recycling capacity by giving more recyclable plastic material feedstock based on the Group’s technique to quadruple its plastic material recycling capacity by 2030. The facility also offers the ability to sort coloured plastic material metal and materials cans.
The acquisition comes prior to the execution of the Deposit Come back Scheme (DRS) in Scotland in 2022, which can make it simpler for residents to accomplish the right factor and recycle their utilized bottles and cans, which includes Family pet plastic, metal, and cup, helping safeguard the environment ultimately.
Michael Topham, LEADER, commented: “This acquisition builds on our leadership place in closed-loop recycling and strengthens Biffa’s capability to procedure and recycle more plastic material waste materials in Scotland.
“As a respected enabler of the circular economic climate in the united kingdom, this expense helps us assistance Scotland’s eyesight of a greener upcoming, since it prepares to bring in the Down payment Return Scheme to lessen littering and enhance recycling ranges.”