A start-up company that is supported by the Welsh Government is to invest £1.2 million to develop a wood, plasterboard and gypsum recycling facility.
It will be situated in South Wales and is being backed with £228,000 from the Welsh Economic Growth Fund.
The new centre will process and recycle demolition aggregate from construction and demolition projects across Wales as well as waste timber and plasterboard sourced from the construction industry and civic amenity sites.
Waste timber will be turned into animal bedding, panel board manufacture and biomass fuel, with a garden mulch product also planned.
Aggregates will be sorted for reuse in construction companies, while plasterboard will be taken back to plasterboard manufacture and gypsum recycled as a soil conditioner.
Welsh Economy Minister Edwina Hart said: “This project supports two of our key economic sectors – providing a specific service for the construction sector while the new business will operate in the energy and environment industry – one of the fastest growing sectors in the Welsh economy with waste management the largest sub sector.
“Companies working in this area are not only making a significant contribution in terms of job creation and financial impact but by reducing waste to landfill they are helping us to achieve recycling targets and ensure we are creating a sustainable environment for future generations.”
The business has been started by brothers Mike and John Cuddy.
Mike Cuddy said: “We are making a considerable investment in this new facility and are grateful for the support of the Welsh Government. There is a real market need in Wales for a facility capable of recycling construction/demolition and earthworks waste as currently some waste products have to be taken to the Midlands for disposal.
“We are keen to introduce some very green sustainable recycling initiatives and provide a first class service for companies in Wales and parts of England. We are currently working with Natural Resources Wales to attain all the necessary environmental permits to operate a licensed waste management facility with a view to commence work in spring 2015.”
