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A short film by Resource Efficiency East about Abbeysteel Shearing Co Ltd. Click image to watch.



Abbeysteel™ Feature in The Telegraph!

December 2008

[Pasted from telegraph website]

Focus on: Recycling

Putting old materials to use

4:07PM GMT 05 Dec 2008

The recycling industry had a slow start in the UK but, spurred by rising commodity prices and legislative changes encouraging councils to recycle waste, it is rapidly catching up its peers in northern Europe.

Abbey Steel & Shearing Company, based in Stevenage, is one example. Founded in 1981, it sources surplus steel from the car industry, reusing it to supply the automotive, lighting, office furniture, horticulture, catering, homeware and shopfitting industries.

Managing director Phil Cooper says: “Our turnover has grown from £1m to £4m over the last few years and we save 5.5 tons of carbon dioxide for every ton we reuse.”

In plastics recycling, AWS Eco Plastics found there were more barriers to overcome but turnover is now projected to increase to £15m this year and £40m in 2009.

Formed in 2001 by Jonathan Short, it found that sales of plastic baling machines were slow so switched to installing them for a low rental or free of charge, selling on the recycled material.


Chairman Tony Knox says much of the plastic was not suitable for the UK because it was too contaminated, so AWS began exporting to the Far East, and became a large trader of plastic bottles. In 2005 it raised £800,000 to build a plastic bottle sorting plant in Hemswell near Lincoln.

By the end of 2007 it had turnover of £6m, and has raised a further £8m in the past year to develop the plant, which recycles more than two billion plastic bottles and containers a year. Mr Knox says:

“The recycling of plastic is still very much a cottage industry, and all its players, while growing fast, are still relatively small, But we have high hopes that AWS will be ready for an initial public offering either in 2010 or 2011.”

Focus On Recycling in Telegraph Article!

Telegraph

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