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Wrap boosts recycling at aggies firm

MATERIALS

WRAP, the environmental body, has helped a Lancashire-based aggregate producer boost its recycled aggregate output by 100,000 tonnes.

Wrap has helped Wyre Waste Management of Fleetwood gain funding for aggregate crushing and screening machines under its Residual Value Guarantee leasing scheme.

The machines, worth more than £200,000, will be used to crush and segregate construction demolition and excavation waste for re-use.

Ian Drury, partner at Wyre Waste Management, said the company would not have been able to purchase the equipment without help from Wrap.

He said: 'If the scheme had not been available we would have had limited financial alternatives. Buying was not an option and hire purchase would not have helped because of the large deposit needed.'

Wrap investment manager Tara Clair said the scheme ensured that it would make good any shortfall if the plant were to depreciate.