Paper and advanced materials business James Cropper has been awarded a £3.15 million grant towards building an energy from waste facility.
The Cumbria-based business has been given the grant by the Regional Growth Fund (RGF) that will underpin a £7 million investment in the development of a steam raising plant that will significantly reduce its energy costs, CO2 emissions and rising environmental taxes.
Shanks will provide solid recovered fuel that will be mixed with James Cooper’s own paper-making effluent to power the plant.
James Cropper chairman Mark Cropper said: “We have been trying to get this project off the ground since 2005. But despite receiving planning permission in 2009, our efforts have been thwarted by high costs and lack of suitable technology and suppliers.
“Energy costs are rising and the global competitiveness of our business and other British energy intensive manufacturers is being further impaired by new UK carbon taxation policies.
“Delay and relief of such tax policies are vital to maintain competitive costs. However, the transition to new forms of energy is more critical than ever, so the RGF support could not be more welcome.”