6th Dec 2011 13:41
For Immediate Release 6 December 2011
Environmental Recycling Technologies plc
("ERT" or the "Group")
Board Appointment
Environmental Recycling Technologies plc (AIM: ENRT), which has developed and is exploiting the patented rights to the Powder Impression Moulding ("PIM") process capable of converting mixed waste plastics into commercially viable products, announces the appointment of Lee Anthony Clayton (aged 40) to the Board as a Non Executive Director with effect from 1 January 2012.
From 2009 until recently Lee was a senior manager at Viridor Polymer Recycling Limited, a subsidiary of Pennon Group PLC and the UK's largest waste management company. At Viridor he oversaw the design, installation and commissioning of two very large polymer processing facilities, and the operational management of a third facility.
Between 2006 and 2009 Lee was General Manager of Intercontinental Recycling Limited ("IRL") and oversaw the sale of this business to Viridor in 2009. IRL was established in Skelmersdale to process 40,000 tonnes per annum of domestic plastic bottles, achieving profitability after 18 months of operation.
Roger Baynham, Managing Director of ERT, commented;
'We are delighted to welcome Lee Clayton to the Board. Lee is a leading figure in the UK waste management industry and the plastic recycling industry in particular. His unrivalled network of UK and international contacts, his technology expertise and operational experience will be of great benefit to the Group as we continue to raise awareness of our PIM technology, attract new licensees and help them quickly grow production volumes and generate royalty streams for ERT. The Board believes he will be hugely valuable as the Company continues to exploit PIM.
Lee Clayton, said;
'ERT's PIM process has the potential to become one of the major plastic recycling technologies worldwide. I am very excited to join the ERT team and look forward to helping the Company take full advantage of the significant growth opportunities which lie ahead."
Save as set out below there are no other matters which are required to be disclosed pursuant to paragraph (g) of Schedule 2 of the AIM Rules for Companies.
Current Directorships/Partnerships Previous Directorships/Partnerships in last 5 years
Delta Waste Management Limited None
For further information: | |
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Environmental Recycling Technologies plc | 0845 071 1394 |
Ken Brooks, Executive Chairman Roger Baynham, Managing Director |
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Evolution Securities | 020 7071 4300 |
Patrick Castle/Stuart Andrews
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Weber Shandwick Financial | 020 7067 0700 |
Nick Oborne Alex Brown John Moriarty |
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