From the administrators' statement

The Company was incorporated in 2007 in order to establish a sorting facility for waste plastics in Wales and to supply PET sorted matenal to reprocessors from the Welsh municipal waste stream

£850,000 of grant funding was secured from the Welsh Assembly Government's (WAG) Regional Capital Access Fund, which was matched with commerciatrate bank loans

In late 2007, the Company entered into a business partnership with an independent commercial reprocessor who had recently moved their cold-washing and PET flaking plant into the region

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Plastics Sorting Limited (06459914)

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