Viridor expecting lower second half revenue from recycling as a result of China import ban

0
55
Advertisement

The owner of Viridor has said that it expects earnings from recycling to be lower in the second half of its financial year as a result of the impact of losing China as a market for plastics and mixed paper.

In a trading statement for its results until 31 March 2018, to be published in May, Pennon Group said: "In recycling, Viridor is focused on mitigating the impacts of China’s changes in recyclate import regulations, through developing new markets, continued contract optimisation and innovation. As such, Viridor anticipates lower H2 EBITDA from recycling although this is not expected to . . .

The rest of this content is for Intelligence subscribers only. Want a free 14-day trial? Click here to request it

Already a subscriber?

If you would like to subscribe, please do so below:

Intelligence – prices only
£500
1 user
Prices page only
 
 
 
 
Intelligence – corporate
£2,500
Up to 100 users
Prices page
All Intelligence commentary and analysis
3 x tickets to all our conferences including REB Summit
Access for 100 of your clients to prices page only
 
Intelligence – corporate ultra
£5,000
Up to 250 users
Prices page
All Intelligence commentary and analysis
5 x tickets to all our conferences including REB Summit
Access for 250 of your clients to prices page only
Sponsorship of all REB events