UK recycling plant gets extra funding

Lancashire Waste Recycling has received funding of £300 000 from Rosebud Finance, which will allow the plant to install additional processing features to improve efficiency.

The plant creates fuel from waste that is destined for landfill, with much of its product going to Hanson Cement. It is the largest plant of its type in the North West and has plans to open up a further four plants at locations around the country, expanding its customer base along the way.

Managing Director Paul Mellor told press: “We truly believe in what we are trying to achieve here at Lancashire Waste Recycling. We take pre-sorted waste, that has had all recyclables removed, that would have been destined for landfill. We then reprocess this material into a fuel that can be used as a replacement to fossil fuels.” He added: “We have invested heavily in the best processing equipment and the Rosebud investment will allow us to make further improvements. We aim for zero landfill and to be known as the number one for alternative fuels.”

Rosebud is a finance package supporting Lancashire firms to grow and expand their business. It is managed by Enterprise Ventures, on behalf of Lancashire County Developments Ltd (LCDL) - the county council’s economic development company.

Edited from various sources by Katherine Guenioui

Read the article online at: https://www.worldcement.com/europe-cis/04062014/wast_to_fuel_plant_gains_funding_303/