28th Aug 2012 10:00
ENVIRONMENTAL RECYCLING TECHNOLOGIES PLC
(AIM: ENRT)
Directorate Change
Environmental Recycling Technologies plc ("ERT" or "the Company") (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, is delighted to announce the appointment of Lee Clayton as Chief Operating Officer with immediate effect.
Lee was appointed a Non Executive Director of the Company in January 2012 and has since taken an active role in developing and promoting awareness of ERT's PIM technology. Lee was instrumental in securing the most recent licensee, Brownwater Plastics Inc.
Lee will not be taking any additional salary. A suitable options package will be confirmed on announcement of the interims.
Roger Baynham, Managing Director said:
"We are delighted that Lee has agreed to take such an active role in the Company. His plastic recycling industry experience is already beginning to pay dividends in terms of new licensees adopting PIM as a technology"
Lee Clayton, Chief Operating Officer said:
"The last 8 months has given me the opportunity to fully evaluate ERT's PIM technology and without doubt, going forward it is likely to play a significant role as a plastics recycling technology both domestically and worldwide."
Enquiries:
Environmental Recycling Technologies Plc | www.ertplc.com |
Roger Baynham (Managing Director) | T: 0845 071 1394 |
Ken Brooks (Executive Chairman) | |
W H Ireland Limited | www.wh-ireland.co.uk |
John Wakefield / Marc Davies | T: 0117 945 3470 |
Notes :
Environmental Recycling Technologies plc (ERT) is a leading developer of innovative technologies specifically focusing on plastic waste recycling. The company holds the worldwide intellectual property rights to the Powder Impression Moulding (PIM) Process.
The ERT PIM process allows businesses to improve their environmental footprint by adding new value to mixed plastic waste streams by conversion into viable lucrative products, which in turn can be recycled at the end of their life.
For more information about Environmental Recycling Technologies plc please visit www.ertplc.com
Related Shares:
ENRT.L