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Case study: Irish Recycling Services

Irish Recycling Services (IRS) started out as a waste haulage and materials recovery business, dealing mainly with scrap metal, hardcore and timber recycling the latter for panel board manufacture and animal bedding. As better regulation of the waste sector began to bite, it identified an opportunity to add construction and demolition waste recycling to its operation.

It had known WRAP for some time, and applied for support through the eQuip Residual Value Guarantee scheme to help it acquire the equipment it needed to diversify. Jim Lynas, IRS managing director recalls: At the time most lenders werent really interested in investing in the recycling sector. Bank of Scotland were an exception and the eQuip scheme gave them the assurance that their investment was secure. Without WRAPs help we just wouldnt have been able to obtain the plant.

The eQuip scheme enabled IRS to secure £637,000 funding for a new screener, separator and conveyor system. The business is flourishing and WRAP has since provided further eQuip support for assets valued in excess of £1 million and helped IRS to develop a business plan that will help the company to remain competitive in future.

Lynas concludes: WRAP has been really helpful as our business has grown. We are now looking towards producing recycled aggregates to the WRAP quality protocol and Im sure we will turn to them again for other support.

Case Study: Urban Forest Limited

Urban Forest Limited was formed when waste collection and sorting company Allclear Environmental identified an opportunity to expand into wood reprocessing. They have benefited from two WRAP capital grants totalling £845,000 of a £4 million investment and Interim Manager support.

Urban Forest managing director Patrick Durkan says: The first WRAP capital grant came at just the right time, as we were at the planning stage for a new £2.5 million facility to house our wood reprocessing operation. The £½ million WRAP funding enabled us to establish the infrastructure we needed.

The business flourished, finding markets both at home and abroad for added value products including equine and poultry bedding and garden mulch.

Growing rapidly, Urban Forest needed to establish formal human resources and financial structures. It was able to secure funding from WRAP for an Interim Manager to set up these procedures on its behalf.

The company recently applied successfully for a second WRAP capital grant to help it expand into the domestic pet bedding market. It successfully secured £345,000 from WRAP towards the purchase of new equipment with a total value of over £1.5 million. This plant upgrade is just nearing completion.

Durkan says: Financial support from WRAP has allowed us to develop our facilities further to automate the refinement of the animal bedding we produce. Importantly, it has also enabled us to expand into the more profitable area of domestic pet bedding, providing an even stronger business case for the use of recycled wood.

At full capacity, Urban Forest can now reprocess 100,000 tonnes of waste wood per year.

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