Coral Products PLC Official Launch of New Recycling Plant (6378S)

TIDMCRU

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                      Tel: 01942 272 
  Joe Grimmond, Non-Executive Chairman    882 
  Mick Wood, CEO 
 Nominated Adviser & Broker 
  Cairn Financial Advisers LLP             Tel: 020 7213 
  Tony Rawlinson / Liam Murray             0880 
 Capital Markets Consultants Limited     Tel: 07515 587 
  Richard Pearson                         184

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