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Viridor acquires plastic bottle reprocessor

Viridor has bought plastics reprocessing company Intercontinental Recycling for a cash consideration of £8.1 million. The acquired firm, based in Lancashire, processes high density HDPE and PET plastic bottles at its facility. The plant has a capacity to treat 40,000 tonnes of recovered plastics each year. Viridor chief executive Colin Drummond said: The UKs waste strategies demand ever-increasing levels of recycling and plastics are an important ...

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