LONDON, October 10 /PRNewswire/ -- Greenstar UK, the fast-growing recycling-led waste management company, is to build one of the capital's largest materials recycling facilities (MRFs) which will process nearly 10% of north London's waste. It has acquired the 192,000 ft squared Atlas warehouse building, purpose-built on a nine acre site next to the Edmonton refuse incinerator.

Adjacent to major transport links such as the North Circular and the M25, the site will be fitted out with the most modern technology for the high quality processing of recyclable materials. It will also be a depot for up to 60 recycling vehicles which will collect commercial recyclables.

Valued at around GBP18 million, the deal is Greenstar's largest strategic investment to date in developing its national MRF infrastructure, and is part of its plan to be the first fully integrated, end-to-end recycling service provider in the UK.

The Greenstar Atlas site is licensed to process up to 250,000 tonnes of recyclables annually through its MRF, as well as for handling a further 250,000 tonnes annually through its waste transfer station. Regarded as one of the largest facilities of its kind in the capital, and helping address a substantial MRF under-capacity in north London, the Greenstar site will be capable of handling an estimated nine per cent of the area's waste arisings. The waste transfer station is due to start operation in November this year, bulking residual waste for landfill disposal, while the MRF should be fully operational by July 2009. Initially creating around 25 jobs, the project is expected to create up to 215 jobs.

The facility will be designed to process both domestic and commercial dry recyclables such as paper, cardboard, plastic, metal and glass containers, textiles and other materials. Its design and technology will enable the high quality processing of co-mingled or source-separated dry recyclables. Greenstar advocates co-mingled recyclable collection, though not exclusively, on the grounds that it is more cost-effective than other collection systems, it is very easy to use, and is proven to increase recycling in both domestic and commercial situations.

Ian Wakelin, CEO of Greenstar UK, said: "Greenstar's investment in north London comes at a critical time. It is really significant for the capital as there is a serious shortage of local MRF capacity. Our new facility is right in the heartland served by the North London Waste Authority which acts on behalf of seven London local authorities, and will go a long way to providing the recyclable processing and waste bulking requirements of the area."

Wakelin emphasised the importance of a facility like Atlas at a time when both domestic and commercial recycling in the capital has to increase substantially, to meet targets set by both the Mayor of London and the government which is calling for a 40% national recycling rate by 2010.

"That's why we're also establishing a co-mingled recycling collection service for north London's businesses," Wakelin continued. "We want to make it as easy as possible for people and businesses to recycle more and to recycle better."

In 2006/07, London produced around two million tonnes of household waste of which around 333,000 tonnes of dry recyclables were collected (around 16.7 per cent). A 40 per cent recycling rate will require recycling 800,000 tonnes by 2010, and 900,000 tonnes five years after that.

Nigel Manning, managing director recycling, Greenstar UK: "The strategic importance to North London of our planned materials recycling facility at the Atlas site in Edmonton will be achieved with the help of North London Business. Our investment in Atlas is obviously important for local authorities and businesses alike in the area as it will be able to process a significant amount of north London's recyclables. The experts at North London Business have already been very useful to Greenstar, introducing our services to a number of major local businesses and local authorities, and promising support with recruitment and training, and we look forward to extending the relationship."

Gary Ince, CEO, North London Business comments: "Waste management is fast becoming an important business sector in north London, where several companies have located in the past decade. Greenstar's investment in a modern processing plant will be an exemplar site showing how waste can he handled in a way that does not negatively impact on an area or neighbours. This investment, at a time when other areas of the economy are slowing is a real boost for the local Enfield area."

North London Business http://www.northlondonbusiness.com

North London Business is the sub-regional business support agency for North London. Funded by the London Development Agency (LDA), Think London and the North London Boroughs of Barnet, Enfield, Haringey and Waltham Forest, it works to ensure a business friendly environment for company growth and development. All the services provided by North London Business are unbiased and free of charge.

London Development Agency http://www.lda.gov.uk

The LDA is the Mayor's agency for business and jobs. It prepares London's Economic Development Strategy and mobilises the support and resources of hundreds of partner organisations to help build a thriving economy for London's people, businesses and communities. It is dedicated to improving sustainability, health and equality of opportunity for Londoners.

About Greenstar:

Greenstar is one of the UK's leading recycling-led waste management companies, offering national coverage. With forecast annual revenue of GBP121m, it manages over 270,000 tons of material a year, operates from nearly 40 facilities throughout the UK, has around 1,450 employees and runs a fleet of over 500 trucks. Its numerous service capabilities meet needs ranging from complete waste management solutions through to accredited dry recycling, reprocessing and exporting facilities. Greenstar also offers an approved compliance scheme. Whatever a company's waste requirements, Greenstar aims is to maximise operational efficiency and optimise recycling while ensuring its clients stay fully compliant.

For further information or images, contact: Blair Drummond Greenstar PR consultant Tel: +44-(0)7798-686-217 Email: blair.drummond@btopenworld.com Jineta Trivedi Marketing & Communications Manager North London Business Tel: +44-(0)20-8885-9204 Email: jineta.trivedi@northlondonbusiness.com

For further information or images, contact: Blair Drummond, Greenstar PR consultant, Tel: +44-(0)7798-686-217, Email: blair.drummond@btopenworld.com. Jineta Trivedi, Marketing & Communications Manager, North London Business, Tel: +44-(0)20-8885-9204, Email: jineta.trivedi@northlondonbusiness.com