TEG Achieves Quality Standard

TEG Group (The) PLC 16 April 2008 For release 7:00 a.m. 16 April 2008 The TEG GROUP PLC (TEG) ('TEG' or 'the Company') TEG Achieves Quality Standard The TEG Group PLC, the AIM-listed cutting edge green technology company, which converts organic wastes into natural organic fertiliser, announces its subsidiary TEG Environmental Limited has achieved the PAS100 standard for its compost products at its plant in Todmorden and has been accredited with the coveted Quality Protocol standard. By achieving the Quality Protocol standard, the Company's compost is officially classified as a product rather than a recycled waste stream, and is no longer subject to regulation by the Environment Agency. The process to achieve PAS100 and the Quality Protocol has been managed by TEG Environmental's sister company, the Natural Organic Fertiliser Company ('NOFCO'). NOFCO was established to create new markets for TEG compost, provide expertise and security to TEG customers and to enhance the value of its products. The achievement of the Quality Protocol standard will allow NOFCO to distribute the compost into a wide range of commercial markets. Commenting for TEG, Chief Executive Mick Fishwick said: 'Achieving PAS100 and the Quality Protocol is evidence of the high quality of our compost products and we are one of only a handful of companies to achieve this standard. This opens up exciting new markets for TEG and NOFCO, provides further valuable security to our customers and underlines our belief that TEG supplies the leading in vessel composting technology in the UK.' ENDS Contact: The TEG Group Plc Tel: 01772 314100 Michael Fishwick, Chief Executive Adventis Financial PR Tel: 020 7034 4758 Tarquin Edwards Canaccord Adams (Nomad) Tel : 020 7050 6500 Robert Finlay Editor's Notes: TEG TEG provides an in-vessel composting technology, which is one of the few approved technologies capable of treating animal by-product (ABP) waste. Plant economics are predominantly driven by the gate fees charged, rather than the value of the end product (compost). The TEG process is an economic alternative to landfill. The Silo Cage system, one of the few technologies in Europe capable of treating this waste, is a natural process producing compost as an end product, used as an excellent soil conditioner that fertilises, retains moisture, provides structure and reduces the incidence of plant disease. TEG's Silo-Cages are housed in self-contained buildings, are not unsightly and are environmentally friendly. Customers include local authorities, waste management companies, food processors, farmers and landowners. The Company's expanding market is driven by increasingly stringent EU and UK legislation regulating the treatment and disposal of organic waste. Statutory targets for the diversion of waste from landfill increase annually through to 2020, increasing TEG's market opportunity year on year. The Waste Resource Action Programme estimates that 450 composting plants will be needed by 2020 to satisfy local authority requirements alone, and there is increasing demand from the private sector driven by ABP legislation. NOFCO is a marketing company specialising in the development of end markets for compost products, an important aspect of all plant developments and key to local authority development. The company has an expertise in the development of agricultural and horticultural markets and this capability is to be provided to customers to enhance TEG's overall service offering. This information is provided by RNS The company news service from the London Stock Exchange
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