AUG.L Regulatory News (AUG)

16 Aug 2006 07:00

Augean Plc16 August 2006 16th August 2006 Augean Plc ('Augean') and DEC NV ('DEC') join forces to form soil treatment company Terramundo Augean Plc, the UK's leading hazardous waste business, is pleased to announcethat it has created Terramundo, a joint venture company with Belgium based DECNV which will operate a soil treatment centre at Augean's Port Clarence landfillsite. The facility will be in place during the last quarter of 2006. DEC NV is an environmental contractor which has been successfully operating anumber of waste treatment centres in Belgium and the Netherlands. DEC NV is asubsidiary of Belgium based DEME, one of the world's largest dredging companies. Terramundo will offer physio-chemical treatment primarily for soils which cannotbe sent directly to landfill and will make Port Clarence the largest operationalsoil waste treatment centre in the UK. The site will be accessible by road aswell as by sea which would allow waste from a wide area to be transported to thesite. John Huntington, CEO of Augean Plc said: "We are pleased to be working with DEC to form the country's biggest soiltreatment centre, which will be accessible by land and by sea. With Terramundo,we will be able to offer our clients the complete hazardous waste solution fromthe new facility which will be operational during the last quarter of the year." Ends For further information please contact: John Huntington CEO, Augean Plc 01937 844980 Billy Clegg Financial Dynamics 020 7831 3113 This information is provided by RNS The company news service from the London Stock Exchange