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Pin to quick picksCoral Products Regulatory News (CRU)

Share Price Information for Coral Products (CRU)

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Official Launch of New Recycling Plant

13 Mar 2019 07:00

RNS Number : 6378S
Coral Products PLC
13 March 2019
 

 

Coral Products PLC

("Coral")

Official Launch of New Recycling Plant

 

Coral Products PLC a specialist in the design, manufacture and supply of plastic products, announces that its new 360 degree plastic recycling plant will be officially opened at Haydock this morning by Councillor Lynn Clarke, cabinet member at St Helens Council with responsibility for its green, smart and sustainable portfolio.

With a capacity of a ton an hour it will process Polypropylene, HD and PVC plastic materials. The subsequent material will be used to manufacture new products through the company's injection moulders and extrusion profile machinery.

There has been a high level of interest in the plant from local authorities.

Commenting on the launch, Mick Wood, Coral's Chief Executive said;

"It is an exciting time at Coral. Recycling and the Environment is high on Coral's agenda, and as such we are proud to introduce a bespoke recycling unit into our business. We are grateful to the support Councillor Clarke has given to us and we are confident that this recycling unit will help propel our business forward."

Enquiries

 

Coral Products plc

Joe Grimmond, Non-Executive Chairman

Mick Wood, CEO

 

Tel: 01942 272 882

 

Nominated Adviser & Broker

Cairn Financial Advisers LLP

Tony Rawlinson / Liam Murray

 

 

Tel: 020 7213 0880

Capital Markets Consultants Limited

Richard Pearson

Tel: 07515 587 184

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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