In a step which will boost Scotlands efforts to reach its zero waste to landfill goal, Viridor is financing the development of new cutting-edge waste infrastructure. Already, £600 million of the investment has been earmarked; with £250 million being used to build a residual waste facility in the west of Scotland and three new plants - which use bespoke technologies - to be built at £80 million each. The remaining balance will be use to enhance current facilities and finance acquisitions to drive business development.
Scottish regional director for Viridor, chair of the Scottish Environmental Services Association and chair of the Scottish Governments Waste Working Group Colin Paterson said: Viridors planned £800 million investment is vital to Scotlands sustainable future. It will not only develop our industry leading position in offering the latest technologies to help Scottish councils and communities recycle more and avoid costly landfill levies, but will deliver for Scottish business the next key challenge on Scotlands zero waste journey.
The firm already provides recycling and waste services to 96 per cent of Scottish local authorities and has invested £30 million in its Scottish expansion in the last five years.
Secretary of State for Scotland Jim Murphy MP said: Governments across the world are setting tough targets for reducing waste, promoting recycling and moving towards zero waste. To make targets more than talk, we need the right green infrastructure in place.
Viridor also announced it has lodged an appeal against the decision to reject its planning proposal for a £193 million energy from waste facility at Oxwellmains, East Lothian. (see MRW story)