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Red there are gate fees to dump un recyclable plastic PHE will give a price way down the line worked out probably by the companies we work for we are only supplying our Engineering plant commissioned for a fee and with service fees etc + a kick back on gate fees . Protos will be all our only + possible Ireland shared with hui after negotiations.
Castle
@30 - thanks for that.
Does that mean there’s a set price per tonnage for certain materials? Castle seems to think this is a great option for old tyres, what would that pay per ton?
Personally I much prefer the recycle and reuse option. Thee’s a lot going on for tyres, rather than chucking them in a DMG
@Stophe - the big issue with trying to put solutions in place in some of Asia and Africa is that the gate fees simply don't exist to allow for the economic operation of the plant, generally waste issues arise where infrastructure and legislation is poor, so there's usually nobody to pay for the solution.
I was talking about W2E for India and the issue was that the landfills were a source of income (for survival) for thousands of children who would scavenge for anything of value, therefore there was a massive unintended consequence of improving waste management processes.
Coca cola contribute 70% of plastic waste to our oceans through there products and subsidiary,s products. They should fund it all the scum bags 🤣
@Silver....interesting point about those rivers in Asia....we have a business in Asia (Altec) trying to develop PHE/DMG based projects, its been quiet for a long time though.
@Red - I may be able to help on gate fees, as I'm in that industry - it depends heavily on the material spec and purpose. What you need to know?
Legislation is meant to enforce the Waste Hierarchy, which shows the order of preference for waste treatment being Reduce (ideally no waste), Reuse (as is), Recycle (think plastic, glass), Recover (energy from waste / anaerobic digestion), Dispose (Such a shame they couldn't come up with another R for what is effectively landfill).
Castle can you help with the below:
1. You refer to large gate fees, but what is the figure and where does this come from?
2. Without knowing the long list of variable running costs, how do you know the plant can even afford to run.
3. If it's too expensive, recyclers will not use it
4. Is there legislation forcing them to use this method over an alternative.
As an investment, it's hard to judge whether this is a sustainable product / business.
Hope you're right. The recent rise has not been proceeded by a long slow decline so that's bucked the trend. Make me feel like something positive is happening.
LOL
Cureboy,
I agree but it was always on the back of a favourable RNS this is moving for no reason other than genuine interest as progress is now being made.
@chrisstrat There is always "news" it just depends on when they decide to drop it. :)
Definitely something happening.
Tradegate up 18 percent!!
I have mentioned it before here but there are a group of people controlling this share price. Those people made alot of money when it peaked to 10/11p.
It has nothing to do with news whatsoever and everything to do with it being easily manipulated with abit of volume and people who know what they are doing.
With no news as such, some people are loading up big time the last few hoùrs
Very interesting.
With 34 days to go for the kilm on the ship and Gas cleaning system (from VUM Gmbh of Germany), Gas analysing system (from ABB Ltd) and completion of the FTU , the sp I thought would be much higher , anticipation is why maybe
Happy Days
Thanks 30silver , it's the awareness that's the good point to the Gov body , recycling old tyres into hydrogen is lucrative old plastic that's untreatable into our system creating syngas and a lot of income from gate fees, its all about a clean earth air environment net 0 ....
Iv seen the land fills big mountains created with pipes to let the gasses out into the atmosphere,, boooo , very bad .
PHE can stop this all over the world , 34 days to go
Expectations!
Castle
@Castle - I'd take some of that with a pinch of salt. I know of the scandals where plastics have been sent overseas for recycling, but the countries they sent it to just dump it / burn it, but that's a waste crime. Over 93% of the plastic in the oceans comes from 10 rivers, 8 of which are in Asia, and the other two are in Africa. The UK is in no way a major cause of ocean plastic, the lack of infrastructure in Asia and Africa is, as plastic left lying around will blow in the wind, end up in the river and then flow unabated into the sea.
All plastic is recyclable, in theory - the problem is that when it's mixed with other materials or contaminated (for example with food waste) then it often becomes uneconomical to recycle, and it should then be sent for energy recovery, and into landfill as a last resort, as per the Waste Hierarchy. Unfortunately any plastic in your residual waste bin at home (i.e. black bin bag waste, often called Municipal Solid Waste or MSW for short) is sent directly to a mass-burn incinerator like the one at Runcorn, or Redcar with no attempt whatsoever to recycle it. Even in the co-mingled recycling bin (mine has paper, cardboard, metal, glass and plastic all in one) a lot of that ends up being rejected by the Materials Recovery Facility (MRF) and sent for energy recovery or landfill.
Green Piece was on the news this morning.
How we recycle plastic waste , dustbins to landfills and sent abroad.
British plastic is getting dumped overseas and burned in the open air, creating serious health problems for local people. It also gets into the ocean, killing marine life like seabirds, turtles and dolphins.
Tell our government to fix our plastic crisis in a way that doesn’t harm people - or the planet.
💚
Castle
Think we are close to another RNS
Mystic Meg has arrived 😃
I don't think it's anything to be excited about I'm afraid
Patent news is Possible but no major RNS expected in my head 🍷
Hey hang on there Castle I object to that statement... I've had many happy years poking around under blankets.
Could there be an RNS on its way?
The sp jumped up , might be a Indian captain just had a peep under the blanket decided to buy our stock with his cheap oil import from Russia and sales to the UK 🇬🇧