ECO plastics acquires loan from WRAP for expansion
Plastic Recycling | 2012-02-02 06:55:37
ECO plastics has received a loan of £1.15 million from WRAP in order to expand its facility in North East England.
By Paul Ploumis
LONDON ( Scrap Monster): ECO plastics has received a loan of £1.15 million from WRAP in order to expand its facility in North East England.
It gives an opportunity for ECO plastics to sort and process an additional 15000 tonnes of rigid plastic packaging. The annual processing capacity of the Hemsell plant will rise to 150,000 tonnes.
Jonathan Short, Managing Director of ECO plastics said that the processing of non-bottle rigid plastics packaging is the next logical step in UK plastics recycling infrastructure.
The Environment Minister, Lord Taylor, welcomed the investment. He said it would help to protect the environment and save business money by cutting back on their use of raw materials.
