Mothballed recycling plant in Gateshead set to reopen
The Graphite Resources plant at Blaydon closed in February 2013, leaving seventy people out of work but the plant is set to reopen, following an investment of £2.2m and will help to create new jobs.
The plant closed due to the company’s bank, Lehman Brothers collapsing, which forced all operations at the site to cease. The closure was a huge blow to the community, leaving seventy people out of work.
The plant is set to reopen in October this year, having been purchased in 2015 by Catfoss, the Humberside-based holding company. The aim of the new owners is to create thirty new jobs and make it into a business that turns over £10m in its first year and continues to grow year-on-year.
The £2.2m funding package has been provided by Access Commercial Finance, who are based in Leeds. The finance will be provided in multiple phases, to refinance the waste management plant and for the machinery that the plant requires to complete the process.
By the time Phase Two is in progress, the autoclaves will be working again and staff will be recycling waste at the newly opened plant, twenty-four hours a day.
As soon as the plant is functioning fully, it will use autoclaves to sterilise the waste. This means that it doesn’t need to go to landfill and can be used for other purposes, including biofuel or building, which helps to alleviate carbon emissions and part of the need for land remediation.
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Service is really good, had many problems in the past with previous suppliers however since been with Business Waste I have not had any problems what so ever. From the start of the agreement the sales team was really helpful and helped with my requirements. I am in a very tricky location with not much room to store a container however I was provided with many options from the sales rep to accommodate my requirements. Customer Service from the staff is outstanding. Definitely recommend 100%.
Great friendly service and really helpful staff!