Two of Britain's largest recycling plants set to close

Published: Apr 14, 2016 18:40
Lancashire County Council has revealed that a recent surge in national recycling rates.

By Carolina Curiel (ScrapMonster Author)

April 14, 2016 12:02:10 AM

EDGWARE (Scrap Monster): Lancashire County Council has revealed that a recent surge in national recycling rates along with the severe financial situation facing the local authority has contributed to the closure of two of Britain's biggest recycling plants.

The organic waste recovery parks at Farington and Thornton are set to close less than a decade after a £2bn Private Finance Initiative (PFI) contract was signed by developers Global Renewables.

Lancashire Country Council, which holds ownership and responsibility for running the two sites, told edie that the Government scrappage of the landfilling organic waste penalty in 2013 had significantly undermined the plants’ economic viability.

The local authority also stated that the quantity of organics in residual waste has fallen due to the fact that people are now throwing less food away.

A spokesperson for Lancashire County Council said: "The waste recovery parks were designed to prevent organic waste, such as food left in household bins, being landfilled, as landfill taxes at the time meant it would cost vastly more to continue landfilling organic waste - however, the Government abolished the penalty for landfilling organics in 2013.

"People are also throwing far less food away, meaning the proportion of organics in residual waste has greatly declined."

The Mail Online reported that thousands of tonnes of local rubbish in Lancashire will now be dumped in landfill sites, but the Council has refuted this claim, vowing to continue to divert a substantial portion of its waste from landfill through more cost-effective methods.

Courtesy: www.edie.net


Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Rio Tinto Secures $2B Govt Deal for Boyne Smelter's Long-Term Future in Australia
47 mins ago
Rio Tinto Secures $2B Govt Deal for Boyne Smelter's Long-Term Future in Australia
Read More
Rio Tinto Secures $2B Govt Deal for Boyne Smelter's Long-Term Future in Australia
Rio Tinto Secures $2B Govt Deal for Boyne Smelter's Long-Term Future in Australia
[SMM Aluminum Express News] Rio Tinto has partnered with the Queensland Government and Commonwealth Government to secure the long-term future of the Boyne aluminum smelter in Gladstone. The deal includes A$2 billion in government funding through 2040 and builds on Rio Tinto’s PPAs underpinning A$7.5 billion in new renewable energy and storage. It ensures Boyne Smelters Limited will remain cost-competitive and continue production beyond its current 2029 power contract as part of the Future Made in Australia.
47 mins ago
Iran Controls Strait of Hormuz, Charges $2M for Tanker Passage, Selective Transit Allowed
1 hour ago
Iran Controls Strait of Hormuz, Charges $2M for Tanker Passage, Selective Transit Allowed
Read More
Iran Controls Strait of Hormuz, Charges $2M for Tanker Passage, Selective Transit Allowed
Iran Controls Strait of Hormuz, Charges $2M for Tanker Passage, Selective Transit Allowed
[SMM Aluminum Express News] Iran has effectively turned the Strait of Hormuz into a controlled corridor, with at least 20 tankers rerouted near Qeshm and Larak via a regime-approved path. Some ships reportedly pay up to $2M for passage. Tehran allows non-aggressor vessels through while restricting others; China, India, Turkey, Pakistan, and Thailand have coordinated for safe transit.
1 hour ago
LME Aluminum and SHFE Aluminum Edged Up Overnight, Aluminum Prices Remained Under Pressure at High Levels in the Short Term [SMM Aluminum Morning Meeting Summary]
1 hour ago
LME Aluminum and SHFE Aluminum Edged Up Overnight, Aluminum Prices Remained Under Pressure at High Levels in the Short Term [SMM Aluminum Morning Meeting Summary]
Read More
LME Aluminum and SHFE Aluminum Edged Up Overnight, Aluminum Prices Remained Under Pressure at High Levels in the Short Term [SMM Aluminum Morning Meeting Summary]
LME Aluminum and SHFE Aluminum Edged Up Overnight, Aluminum Prices Remained Under Pressure at High Levels in the Short Term [SMM Aluminum Morning Meeting Summary]
[Overnight, LME Aluminum and SHFE Aluminum Edged Up Slightly, but Aluminum Prices Faced Short-Term Pressure at High Levels] Continued destocking in LME inventory provided bottom support for LME aluminum, but amid tightening fund liquidity and profit-taking by bulls, upward momentum remained insufficient, and the backwardation structure weakened somewhat. China’s social inventory rose to a high for the same period in nearly five years, and the inventory buildup cycle had yet to end, with high inventory and weak spot fundamentals jointly weighing on upward momentum. The divergence between domestic and overseas drivers continued, the SHFE/LME price ratio kept weakening, and prices were mainly under pressure in the short term.
1 hour ago