£60m inward investment to create 200 jobs in recycling industry
Two major new recycling facilities are set to open in the East Midlands following a £60m investment from Irish company Beauparc Utilities.
A £30m plastic recycling facility at Cotesbach in Leicestershire is due to come on stream later this month, creating around 100 new jobs. Operated by New Earth Solutions, which was acquired by Beauparc in 2016, it will shred, wash and pelletise low-density polyethylene (LDPE) material otherwise destined for landfill.
The pellets produced in the process can be remanufactured into films, carrier bags and other 2D LDPE products, making a significant contribution to the UK’s “circular economy”.
Meanwhile a second £30m site, at Barkston in Lincolnshire, is due to become fully operational in April 2021. The material recycling facility, which will create around another 100 jobs, is on an existing site operated by Mid UK Recycling, and which was acquired by Dublin-based Beauparc last year, will segregate plastics and recyclable materials such as cardboard, newspapers, periodicals and magazines, mixed paper, plastic films and metals.
Beauparc chief executive officer, Brian McCabe said: “We are showing confidence by significant further growth through innovation and acquisition in the UK, despite Covid-19 and the continued challenges of Brexit over the last few years.
“As well as these major investments Beauparc added Leeds-based waste management business AWM to our portfolio in November 2018 and LSS Waste Management in September 2020. It means that in Ireland, the UK and Holland we now employ more than 3,200 people across 51 sites, processing four million tonnes of waste every year.
“We all know that the environment is the biggest challenge that everyone faces in the future. Investments like these are vital, playing a significant part in reducing the impact that we have on the environment, introducing innovative solutions and providing the UK with critical infrastructure for the circular economy.”