WEEE and lighting recycling company Mercury Recycling has revealed that it has had positive discussions with lighting compliance scheme Recolight regarding the reduction in price it pays for Mercury’s services.
In May, Mercury warned that it faced “unacceptable downward pressure” on the price that Recolight pays for Mercury’s to collect waste light bulbs.
But Mercury chairman Lord Barnett has revealed that positive discussions have taken place. He said in a statement at the company’s AGM: “I am pleased to say there have been constructive and positive discussions. The expected outcome seems likely to be a helpful step in the right direction.”
He also revealed progress in setting up a battery recycling network. He added: “We are pressing ahead in the battery recycling market. We have established a company Battnett (Battery Network), and we are investing in it, so I am now confident, following discussions we have had with battery compliance schemes, that we will be able to expand our current battery recycling levels by the end of the year.”
