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Suez posts positive Q1 as UK business grows

The parent company of Sita UK has reported an increase in revenue the UK in the first quarter of 2014.

Paris-based Suez Environnement posted a 6.5% year-on-year growth in turnover from UK operations in the three months to March.

This was due to increasing treatment activities and landfill volumes, the company said.

Suez noted that Sita’s energy-from-waste plant at Teesside, which is part of a contract with the South Tyne and Wear Waste Management Partnership, entered the commissioning phase.

Also driving the company’s performance was the starting of operations at a refused derived fuel (RDF) production plant in partnership with cement producer Cemex.

The £7m facility in Birmingham city centre will turn 100,000 tonnes of commercial waste into RDF every year.

Overall, revenues in Suez’s European waste division were up 1.7% thanks to increasing waste volumes.

The rise was only partially offset by declining secondary raw material prices, particularly for metals, which decreased by 11% compared to 2013.

Jean-Louis Chaussade, chief executive at Suez Environnement said: “This first quarter of 2014 has been characterised by a satisfactory performance in the three divisions of our group [Water Europe, Waste Europe, International] in an economic context which seems to be stabilising in Europe.”

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