TIDMSTT
Straight PLC
27 March 2012
Date: 27 March 2012
On behalf of: Straight plc ("Straight" the "Company" or
"the Group")
Embargoed until: 0700hrs
Straight plc
Further contract with May Gurney
Straight plc, the environmental products and services group is
pleased to announce that it has won a key new contract with May
Gurney, the support services specialist.
The contract, for a new recycling and waste service for Cheshire
West and Chester Council, is worth more than GBP800,000 and will
see Straight manufacture and supply almost 400,000 recycling
containers including kerbside boxes and food waste caddies to
residents in the Borough.
As part of the new contract, May Gurney will introduce a weekly
dry recycling and food waste collection which will cover more than
147,000 properties in the area. Residents will each receive two 55
litre Ergo Kerbside Boxes to collect their dry recyclables in, a 7
litre Kitchen Caddy to collect food waste in the kitchen and a 23
litre Kerbside Caddy to store collected food waste outside the
home.
The new service will transform the area's three individual
existing kerbside recycling collections into a single, unified
borough-wide service. The Council believes that this will help meet
its objectives of delivering higher recycling rates, improved
customer service and value for money.
The Council, which currently has a recycling rate of 49%, hopes
that providing a weekly collection of these services will maximise
participation and enable them to achieve a recycling rate of 63%
once the scheme is fully implemented. The new recycling scheme is
also set to save the Council in excess of GBP1.5 million per
annum.
The new harmonisedcollection service will be rolled out in three
phases over the next eight months. The new service allows residents
to recycle glass bottles and jars, mixed paper, cardboard, food and
drinks cans, aluminium foil, mixed plastic food packaging,
textiles, food and beverage cartons (tetrapaks), household and car
batteries, spectacles, small electrical items, mobile phones, used
cooking and engine oil, shoes, printer cartridges, garden waste and
kitchen waste, from their doorsteps.
Jonathan Straight, Chief Executive of Straight plc
commented:
"This is another significant contract win for Straight and is
testament to our market-leading proposition. We are delighted to be
working with May Gurney on another pioneering recycling project. We
admire the ambition of setting a target higher than the average and
I am looking forward to seeing this achieved".
- End -
For further information: please contact:
Straight plc
Jonathan Straight, Chief Executive 07977 002 366
Redleaf Polhill
Rebecca Sanders-Hewett /Jenny Bahr 0207 566 6720
Cenkos Securities
Ivonne Cantu (Nomad) 0207 397 8980
Christian Hobart (Sales)
Notes for editors:
About Straight plc
-- Straight plc is the UK's leading manufacturer and supplier of
specialist kerbside recycling containers, as well as being a key
supplier of a broad range of waste and recycling container
solutions. Founded in 1993 by the current Chief Executive, Jonathan
Straight, the business has since supplied more than 25 million
kerbside boxes, baskets and caddies to local authorities across the
UK, securing its position as the industry leader.
-- The business operates through two divisions. The core Trade
Business supplying products in bulk to local authorities,
utilities, the waste industry, retailers and other businesses and
the Retail Business supplying a range of proprietary
environmentally friendly consumer products directly to the public,
often in partnership with a local authority or a utility.
-- In 2010 two major acquisitions changed the business model,
which previously relied on outsourced manufacture. In March 2010
Straight acquired the business and assets of the UK business of
Helesi plc giving it a proprietary position in the wheeled bin
market. This was followed in August 2010 by the acquisition of
Powell Plastics, a key supplier of injection mouldedproducts to the
group. The Powell factory, in Hull, has since been developed to
include a blow mouldingcapability.
-- In February 2009, Straight added to its portfolio with the
acquisition of Harcostar Garden Products, a long established
premium brand consisting of water butts, compost bins, watering
cans and accessories. This gained new distribution channels for the
business in the UK and in Europe.
-- In 2005, Straight acquired Blackwall Limited, the UK's
largest supplier of home composters and water butts. Through the
Blackwall brand, Straight has delivered more than 3.5 million
compost bins and water butts.
-- Almost two thirds of the products the Group supplies are now
produced in Straight's own factory.
-- Straight plc has established diverse overseas sales channels
for its products, some of which are manufactured locally to their
markets in North America and in Australia. Other markets are
serviced from UK production.
Further information about the company and its products can be
found at: www.straight.co.uk
About May Gurney
-- May Gurney is one of the UK's leading support services
businesses and employs more than 5,300 people across the
country.
-- The company delivers environmental services for 20 local
authorities, covering more than 2.2 million households across the
UK.
-- Their focus is on working with our clients to develop better
ways of collection in order to extract the maximum value from
recycled materials and reduce the amount of waste going to
landfill.
-- May Gurney's core services include kerbside recycling and
refuse collections, street cleansing and the management of
household waste recycling centres (HWRCs).
This information is provided by RNS
The company news service from the London Stock Exchange
END
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