Aneaco begins UK site assessment

Bentley-based commercial services and supplies company AnaeCo is conducting a site assessment as it looks towards expanding into the UK waste management market.

A full statement is pasted below:

AnaeCo has commenced a Site Assessment and Identification Study with a view to successfully entering the UK waste management market.

In accordance with the objectives outlined in its Prospectus, AnaeCo has already undertaken an analysis of existing, planned and potential sites in the UK, including a list of the 'Top 10' local authorities to whom AnaeCo's DiCOM® System will be most relevant.

Construction of AnaeCo's first facility in Perth, for the Western Metropolitan Regional Council is already well underway, with completion scheduled for June 2008.

Separately, the company has been short listed to tender for a second Australian facility near Melbourne.

Tom Rudas, Managing Director of AnaeCo says: "Population density and the regulatory environment* mean that the momentum away from landfill to alternative waste technologies is even greater in UK than in Australia.

Local authorities there are urgently seeking waste recycling solutions and right now there is no dominant technology.

It's important for AnaeCo to establish a reference facility in the UK, as well as Australia, to showcase our unique competitive advantages and to help win market share."

AnaeCo has appointed a specialist, UK-based environmental science and engineering consultancy to complete the Site Assessment and Identification Study.

Completion of the study, including an evaluation of site acquisition options, planning and permitting, is expected within 6 months.

The main features of AnaeCo's DiCOM® waste recycling technology is that it recycles 80% of the municipal waste stream, it has a plant footprint up to 85% less than most alternatives, it can be located within existing waste transfer stations, it is scaleable, produces renewable energy and reduces carbon emissions.