Contract Wins
14 Diciembre 2009 - 1:00AM
UK Regulatory
TIDMSTT
RNS Number : 0332E
Straight PLC
14 December 2009
Date: 14 December 2009
On behalf of: Straight plc ("Straight" or "the Group")
For immediate release
Straight plc
* Contract Wins
Straight plc (AIM: STT), the environmental products and services group, is
pleased to announce
that it has been awarded contracts by four local councils
in England to supply kitchen caddy food waste containers and compostable food
waste bags. The contracts are worth a total of GBP1.3 million.
Seven and 23 litre kitchen caddies will be supplied to 56,000 properties in
Gloucester, 36,000 in Tewkesbury and 57,000 properties in Newcastle Under Lyme.
The Group is also supplying 120,000 seven litre caddies with ventilated lids and
18 million compostable liners to Stockport Metropolitan Borough Council. The
ventilated system allows moisture in food waste to evaporate, reducing the
weight and volume of material for collection.
All of Straight's kitchen caddies are exclusively manufactured for Straight in
the UK and encourage householders to separate food waste in their kitchens for
collection at the kerbside and subsequent composting or anaerobic digestion.
Commenting on the news, Jonathan Straight, Chief Executive of Straight plc,
said: "We are delighted to be helping more local authorities enhance their
recycling performance through the addition of source separated food waste
collection.
"Separating food from household waste is important as it allows councils to
collect residual waste on a fortnightly basis, which saves them money.
Separating food waste also allows councils to use it to generate renewable
energy and make compost, which are both financially and environmentally
beneficial activities."
For further information, please contact
+-----------------------------------------------+---------------------------+
| Straight plc | |
+-----------------------------------------------+---------------------------+
| Jonathan Straight, Chief Executive | 0113 245 2244 |
+-----------------------------------------------+---------------------------+
| | |
+-----------------------------------------------+---------------------------+
| Panmure Gordon | |
+-----------------------------------------------+---------------------------+
| Andrew Godber | 0207 459 3600 |
+-----------------------------------------------+---------------------------+
| | |
+-----------------------------------------------+---------------------------+
| Redleaf Communications | |
+-----------------------------------------------+---------------------------+
| Paul Dulieu / Kathryn Hurford | 0207 566 6700 |
+-----------------------------------------------+---------------------------+
Notes to Editors
* Straight plc is the UK's leading supplier of specialist kerbside recycling
containers as well as 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 12 million kerbside
recycling boxes to local authorities across the UK, securing its position as the
industry leader.
* 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.
* 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.
* Straight operates a radical business model with all manufacture outsourced on an
international basis. Most production is local to the end market keeping freight
movements and associated emissions to a minimum.
* 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 has gained new
distribution channels for the business in the UK and in Europe.
* Straight plc has established diverse overseas sales channels and is now
producing and selling water butts in Australia as well as strong initial sales
in the United States and Canada.
* Further information about the company and its products can be
found at: www.straight.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
END
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