May 19, 2009
A Manchester-based waste electrical and electronic equipment (WEEE) recycling firm has said that, despite the recession, it has made profits on its service in the past year.
Mercury Recycling Group, which works with WEEE such as fluorescent light tubes and sodium street lights, experienced a 20 per cent rise in profits up to £534,000 in 2008, according to Crains Manchester Business.
The company estimates that 80 million out of the 130 million lighting devices which are disposed of as WEEE in the UK are still not being recycled and it hopes to expand its services.
Lord Barnett, chairman of Mercury Recycling Group, told the news provider: "Our balance sheet shows a strong position, which will ensure that we are able to keep the group moving forward."
Lighting manufacturer Recolight recently launched a new guide to advise manufacturers on the best way to recycle lamps to fulfil WEEE regulation criteria.
Rapid is a member of WeeeCare (www.weeecare.com) and is committed to the WEEE regulations. The Rapid membership number is WEE/DJ0003ZR and the Weeecare phone number is 0844 800 2004. All WEEE products are marked with the Weelybin symbol.
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