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The opening of Wales’ largest glass processing plant at Swansea docks is providing a major jobs boost in the area thanks to £1.9 million investment package from the Welsh Government, Finance Wales and a consortium of private investors.
Glass Tech Recycling Ltd was established at the end of 2010 and started trading in 2011 as a specialist glass recycling company servicing the needs of South Wales. The company also operates a brokerage facility arranging the collection and sale / purchase of materials such as steel, aluminium and plastics, offering a more complete waste management package. The company collects the following dry materials:
and brokers the following materials:
Glass Tech Recycling Ltd has invested heavily in the machinery, transport and other equipment needed to ensure it has the capacity and capability to keep pace with the increasing volumes of waste being generated.
Glass Tech Recycling (Glass Tech) has used the funding package to relocate to a bigger site at King’s Dock in Swansea as part of its development plans, creating an additional 27 jobs.
The new plant includes a state-of-the-art glass processing unit which will enable the company to convert glass into high-value glass cullet which it can sell to manufacturers as a cost-effective raw material.
A support package of £320,000 from the Welsh Government’s Economic Growth Fund partly funded Glass Tech’s expansion. Welcoming the news, Economy Minister Edwina Hart said: “I am delighted that Welsh Government funding has supported Glass Tech’s expansion plans, enabling it to increase its capacity and capability and securing its long-term viability.
To find out more visit the Glass Tech Recycling website.