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Waste firm reports healthy profits

Waste management firm Shanks has announced new waste projects and reported that its profits have more than doubled.Shanks is planning to build about half a dozen recycling and reprocessing centres in the UK. It will also focus on expanding its mechanical biological treatment (MBT) plants and increasing the number of private finance initiative (PFI) projects it is involved in.Preliminary results for 2008 show that Shanks profits soared by 109% to £6.9 million ...