26th Sep 2013 10:59
LONDON (Alliance News) - Nature Group PLC Thursday said it has been awarded an exclusive long term licence to build and operate a maritime waste collection service in the Port of Sohar, Oman.
The maritime and offshore waste specialist said it will form a 50:50 joint venture with local waste management company Al Ahlia Environmental Service LLC to build and operate the waste processing plant and service vessels in the port by collecting their waste.
It didn't give any financial details.
Nature Group shares were up 5.1% at 41 pence Thursday morning.
By Steve McGrath; [email protected]; @SteveMcGrath1
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