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Weekly Round-Up
TEG secures major composting plant order
06 August 2007
TEG, the AIM-listed green technology company which converts organic wastes into natural organic fertiliser, has been chosen as preferred bidder by Gwynedd Council to build an In Vessel Composting (IVC) plant at the county's Ffridd Rasus site. The contract is expected to be signed by mid September subject to planning permission being approved.
The plant will have a 6,000 tonne per annum capacity and will process green waste and kitchen waste collected from households within the central and southern areas of Gwynedd. The total value of the construction project to TEG will be £1.46 million. It is anticipated that the plant will be completed by April 2008 and handed over to the Council following commissioning and training.
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The TEG Group plc
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