Brambles Industries PLC
10 February 2003
10 February 2003
CLEANAWAY WINS £32M THURROCK COUNCIL CONTRACT
CLEANAWAY, a leading waste management company within the Brambles Group, has
been awarded a £32 million five-year contract to manage Thurrock's waste
collection, recycling and disposal, as part of the borough's Integrated Waste
Management Strategy. CLEANAWAY will take over from the existing refuse service
from 31 March 2003.
The current recycling rate for Thurrock is less than 10%. However, by 2005 it
is expected that Thurrock will meet the UK's Government target of 18% of all
waste being recycled.
Gerben Westra, Chief Executive Officer, Cleanaway, said:
'This is an important contract win for Cleanaway. Our clear understanding of
the challenges facing local authorities, coupled with our worldwide waste
management experience will enable us to help the council meet the challenges of
delivering its Waste Strategy.'
Brambles Industries is globally headquartered in Australia.
For further information, contact:
Investor: Sue Scholes, Head of Investor Relations +44 (0) 20 7659 6012
Media: Richard Mountain, Financial Dynamics +44 (0) 20 7269 7291
Investor Richard Manson +61 (0) 2 9256 5234
Edna Carew +61 (0) 2 9256 5204
Media Jeannette McLoughlin +61 (0) 2 9256 5255
Notes to editors
Brambles is a leading global support services provider with operations in 40
countries across Europe, the Americas and Asia Pacific. With full year 2002
turnover of approximately £3 billion, operating profit of more than £400 million
and assets of £3.7 billion, it employs some 31,000 personnel worldwide. Its key
global businesses are CHEP, CLEANAWAY and RECALL.
• CHEP is the world's pioneer and leader in the provision of
pallet pooling services. CHEP pallets facilitate the efficient operation of
supply chains for most of the developed world's leading international FMCG (Fast
Moving Consumer Goods) companies. These companies require the fast availability
of high quality pallets and other types of standard loading equipment and
transit packaging wherever they operate. CHEP meets this need through its
global reach and scale, combined with its proven logistics and supply chain
management capability and its established pallet pools and infrastructure in
more than 30 countries.
• CLEANAWAY is a leader in the collection, sorting,
recycling, transfer and disposal of waste, particularly in UK, Germany and
Australia. Through Cleanaway Germany, it is one of the largest paper recycling
and trading businesses in Europe.
• RECALL is a global business managing physical and digital
documents through their entire life cycle.
It also has a number of other global and regional businesses, such as Industrial
Services, Meineke Car Care Centers and Interlake Material Handling.
The combined group was formed in August 2001, when Brambles Industries plc,
previously the support services activities of GKN plc, was listed in London and
then combined in a Dual Listed Company structure with Brambles Industries
Limited of Australia. The two companies were previously joint venture partners.
This information is provided by RNS
The company news service from the London Stock Exchange