REG - Coral Products PLC - Official Launch of New Recycling Plant
RNS Number : 6378SCoral Products PLC13 March 2019
Coral Products PLC
("Coral")
Official Launch of New Recycling Plant
Coral Products PLC a specialist in the design, manufacture and supply of plastic products, announces that its new 360 degree plastic recycling plant will be officially opened at Haydock this morning by Councillor Lynn Clarke, cabinet member at St Helens Council with responsibility for its green, smart and sustainable portfolio.
With a capacity of a ton an hour it will process Polypropylene, HD and PVC plastic materials. The subsequent material will be used to manufacture new products through the company's injection moulders and extrusion profile machinery.
There has been a high level of interest in the plant from local authorities.
Commenting on the launch, Mick Wood, Coral's Chief Executive said;
"It is an exciting time at Coral. Recycling and the Environment is high on Coral's agenda, and as such we are proud to introduce a bespoke recycling unit into our business. We are grateful to the support Councillor Clarke has given to us and we are confident that this recycling unit will help propel our business forward."
Enquiries
Coral Products plc
Joe Grimmond, Non-Executive Chairman
Mick Wood, CEO
Tel: 01942 272 882
Nominated Adviser & Broker
Cairn Financial Advisers LLP
Tony Rawlinson / Liam Murray
Tel: 020 7213 0880
Capital Markets Consultants Limited
Richard Pearson
Tel: 07515 587 184
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