22nd Dec 2015 12:14
LONDON (Alliance News) - Shanks Group PLC, a waste management company, on Tuesday said it has reached full service on its GBP750.0 million 25-year contract with Wakefield Council, following a short delay due to the insolvency of a major contractor.
"Our project and operational teams have worked exceptionally hard in conjunction with Wakefield Council to minimise the impact of the delay, which was beyond our control. Following the comprehensive two-year build programme, we are now operating one of the most sophisticated waste-to-product facilities in the UK, which uses innovative and integrated technologies to make more from waste," Peter Eglinton, managing director of Shanks' Municipal Division, said.
Shanks is now looking to improve the efficiency of the plant and to increase the amount of waste that Wakefield Council diverts from landfill.
"We are delighted that the Shanks waste treatment facility is now up and running and handling all of the district's rubbish. The latest technology that the facility provides will help to increase our recycling rate and divert around 95% of our district's waste away from landfill," Maureen Cummings, Wakefield Council's Cabinet Member for Environment and Communities, said.
Shares in Shanks were down 1.8% at 97.25 pence on Tuesday in London.
By Samuel Agini; [email protected]; @samuelagini
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