The Business Exchange Swindon & Wiltshire Edition 41: Feb/March 2019 | Page 4

BUSINESS NEWS NEW PLASTIC RECYCLING PLANT FOR SWINDON Science Park to bring 600 additional jobs to Swindon Recycling Technologies, a company specialising in the recycling of residual plastic waste, is working with Swindon Borough Council and power and Public Power Solutions Ltd to assess the feasibility of delivering a world-class recycling facility for virtually all plastics. A planning application has been submitted to Swindon Borough Council to build a Swindon Science Park. The proposals by Wasdell Properties will create at least 600 additional jobs in Swindon as well as delivering much-needed facilities for research and development (R&D) and high-tech manufacturing in the town. Wasdell is Europe’s largest independent manufacturing and packaging supplier to the pharmaceutical, medical and healthcare industries. The proposed site for the Science Park is at Inlands Farm, Wanborough, 300 metres south of the New Eastern Villages strategic allocation and just north of junction 15 of the M4. Science Parks are designed to provide a space for entrepreneurs, start-ups and academics to innovate, collaborate and facilitate growth. Companies occupying Science Parks tend to be concerned with R&D within sectors such as development of medicines, biotechnology, artificial intelligence (AI) and robotics. Swindon Science Park will follow the typical UK model of high-quality, low density green space, separated by footpaths, cycle ways and water features. The buildings will be constructed using the latest technology and materials, with roof mounted solar panels to generate renewable energy and green sedum roofs to promote bio-diversity, air quality and rain water attenuation. Wasdell employs more than 800 people Swindon Borough Council (SBC) has been assessing plastic recycling as part of the Council’s 10 Year Waste Strategy. It is now reviewing its current plastics recycling infrastructure, inspired by the recent publication of Project Lodestar. Lodestar shows the potential for waste site operators to recycle ‘all plastics’ by combining state-of- the-art mechanical and feedstock recycling – the latter supplied by Recycling Technologies – in an advanced Plastics Recycling Facility (aPRF). Recycling Technologies has developed and patented a plastics recycling machine, the RT7000 that converts plastic waste back into oil, called Plaxx®, from which new plastics can be made. The machine heats up the plastic in the absence of oxygen to break the waste plastic down into Plaxx®. This process allows the RT7000 to recycle plastics commonly considered unrecyclable such as plastic film, and laminated plastics such as food pouches and even crisp packets. Both Swindon Borough Council and Public Power Solutions Ltd have expressed significant interest in Swindon becoming the first site for Recycling Technologies’ RT7000 feedstock recycling machine in England and the second-only in the UK as a whole. Adrian Griffiths, CEO and Founder of Recycling Technologies, said, “We are delighted that Swindon, the home of our manufacturing facility and HQ, is hoping to also be the home of England’s first aPRF which includes our RT7000 feedstock recycling machine. There is an urgent need for more plastic recycling capacity in the UK to not only stem the flow of plastics into landfill and our environment, but to also create jobs and boost economic prosperity across the region.” Bernie Brannan, Managing Director, Public Power Solutions Ltd, added, “Working for our shareholder Swindon Borough Council and, having seen the results of the Project Lodestar, we are committed to having a Lodestar-inspired facility in Swindon by 2020 in order to make Swindon the leading council in England for plastic recycling.” in the UK, including scientists, doctors, packaging designers, administrators, quality controllers and packers. Around 650 of those employees are based in Swindon. New contracts secured by Wasdell means the number of production lines available needs to increase substantially. The new facility will further benefit the Swindon and Wiltshire economy, creating at least 600 additional local jobs at all skills levels at Wasdell within a year of opening, with further increases in jobs as the Science Park develops. More than 230 suppliers based within 10 miles of Swindon also provide goods and services to Wasdell Group. It is proposed that the first element of the Wasdell facility will become operational in 2021, with the remainder of Swindon Science Park becoming operational over the subsequent four years. Wasdell has invested heavily in manufacturing excellence and innovation since Martin Tedham brought the company to Swindon in 2010, which has led to an increase in turnover from £2m to £42m during that period. Wasdell was included in the 2018 Sunday Times’ Profit Track 100 – the definitive list of Britain’s best private companies with the fastest-growing profits – and with 55.5 per cent annual profit growth was the only Swindon-based company to make the list. For more information on the proposals go to: www.swindonsciencepark.co.uk BREAKING THE MOULD www.optps.co.uk 4 THE BUSINESS EXCHANGE 2019