The lease deals on two glass separators, one color glass pre-sorter and a plastic baler were all arranged with Bank of Scotland Asset Finance through eQuip, the lease guarantee scheme run by the Waste & Resources Action Programme.
Recresco is the second company in the UK to lease equipment with the help of the program, which was set up earlier this year.
“We couldn’t have carried out such a major upgrade and business expansion without access to lease funding through the eQuip scheme,” says Recresco director Eric Gent.
The two new separators and color pre-sorter will be added to existing glass reprocessing plant.
Latest from Recycling Today
- Equipment from the former Alton Steel to be auctioned
- Novelis resumes operations in Greensboro, Georgia
- Interchange 360 to operate alternative collection program under Washington’s RRA
- Waste Pro files brief supporting pause of FMCSA CDL eligibility rule
- Kuraray America receives APR design recognition for EVOH barrier resin
- Tire Industry Project publishes end-of-life tire management guide
- Des Moines project utilizes recycled wind turbine blades
- Charter Next Generation joins US Flexible Film Initiative
