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Recovery & recycling
The UK waste management industry is forecast to grow by 7% a year, and even faster in the recycling and reuse sub-sectors. This is set to create an £11 billion industry by 2010.
Over 400 recovery and recycling companies are already established in Wales, poised to take advantage of the opportunities that will come from higher government targets and the rising cost of raw materials.
Why Wales for recovery and recycling?
- Growth: The UK faces tighter restrictions on waste management due to regulations such as the Landfill Directive, the WEEE Directive and landfill tax. Waste Strategy Wales and Welsh Assembly Government targets push these requirements, and opportunities for business growth, further.
- Companies: Key players such as Biffa, Veolia and Shanks are active in Wales. Wales is also home to UPM Shotton, the UK’s leading newsprint manufacturer which uses 100% recovered paper. Bayliss Recovery recycles thousands of cars every year, and a £4m facility opened by TyreGenics reprocesses up to 5 million used tyres into rubber crumb annually.
- Innovation: This is a fast-moving industry, and Wales is ahead of the game with innovative developments from companies such as Graveson Energy Management which has developed a thermal conversion system that recovers energy from a wide selection of waste materials.
South-east Wales will host the UK’s first, flagship Enviropark – a hub for recycling municipal waste and generating energy from non-recyclable materials to supply neighbouring businesses.
