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Newry firm announces plans to create 130 jobs in £22 million circular economy development A computer generated impression of Re-Gen s proposed Circular Economy Resource Park in Newry. Ryan McAleer 09 February, 2021 01:00 PLANS by the Re-Gen Group to develop a new £22 million recycling project in Newry will create 130 jobs and could be worth an additional £25m a year to the economy, the company has said. The waste specialist has published its proposal for a new self-funded ‘circular economy resource park on an eight-acre site at the Invest NI Carnbane Business Park, close to the A1. Re-Gen already employs around 250 people in the area with its core business involving the processing of mixed dry recyclable and residual waste from local authorities on both sides of the Irish Sea. ....
Read more about Sensex, Nifty hover near day s low; breadth weak on Business Standard. At 12:27 IST, the barometer index, the S&P BSE Sensex, was down 330.40 points or 0.67% at 49,294.11. The Nifty 50 index slipped 87.35 points or 0.6% at 14,503. ....
SRF tumbled 5.32% to Rs 5,467 after the company s consolidated net profit fell 5.3% to Rs 324.73 crore on 17.8% surge in net sales to Rs 2,129.43 crore in Q3 December 2020 over Q3 December 2019. Consolidated profit before tax (PBT) soared 72.7% to Rs 443.23 crore in Q3 December 2020 as against Rs 256.58 crore in Q3 December 2019. Current tax expense for the quarter stood at Rs 118.50 crore as against a tax rebate of Rs 86.41 crore in Q3 December 2019. The Q3 result was declared at the fag end of market hours yesterday, 21 January 2021. Consolidated Earnings before Interest and Tax (EBIT) jumped 42% to Rs 479 crore in Q3 FY21 from Rs 337 crore in Q3 FY20 (when compared with CPLY). Net of one-time tax adjustments in CPLY, the consolidated PAT soared 46% to Rs 324 crore in Q3 December 2020 over Rs 221 crore in Q3 December 2019. ....
Advertisement Eco-Power Environmental has agreed a deal to provide solid recovered fuel (SRF) pellets to Tarmac’s Tunstead cement kiln in Derbyshire. Eco-Power Environmental has become the first fully operational commercial scale SRF pellet production facility in the UK, following a £15 million investment in its 125 000 tpy facility in Humberside. SRF pellets are manufactured using the non-recyclable residues from dry mixed recycling (DMR) facilities and provide a highly sustainable and cost-effective alternative to traditional fossil fuels. They are used by a range of energy-intensive industries such as cement amd lime, steel and the power sector. Eco-Power Fuels pellets provide customers with a highly consistent fuel. They can be manufactured to the individual users’ specification and offer: ....