9 December 2019 – recycling plant status

The group has announced that its Haydock plastic recycling facility has now been granted accredited re-processor status via the UK Environment Agency and this will mean that it can reduce its operational costs by fully off-setting the plastic packaging waste levy it currently incurs.  The strong demand for clean recycled plastic will mean that the group increases the operating hours at the plant with obvious benefits.  The shares remain a BUY.