Shanks and Sanimax Strategic Alliance
Press Release
11 June 2013
Shanks and Sanimax sign Strategic Alliance in Quebec
Shanks Group plc, a leading international sustainable waste management business, today announces that its Organics Division has entered into a strategic alliance (the "alliance") with Sanimax Ltd, a leading Canadian rendering company, to pursue the promising funnel of organic waste treatment opportunities which currently exists in Quebec Province, Canada.
Methane emissions from the decomposition of organic matter in landfill are a major source of greenhouse gas. Governments are therefore seeking sustainable alternative waste treatment options. In Quebec Province, Canada, the provincial government has set an objective of 100% diversion of organic waste from landfill by 2020. Meeting this objective will require substantial and sustained investment in organic waste management solutions.
Shanks is a leader in both anaerobic digestion (AD) and mechanical biological treatment (MBT) technologies which can be used separately or combined to treat organic municipal waste. It also has a footprint in Canada, with two operational plants in Ontario Province.
Sanimax is a Canadian leader in rendering and sustainable development. It is a family-owned company at the heart of the agriculture and environmental markets. Sanimax plays a key role in the agri-food industry, converting animal waste into highly valuable and reusable product. With a presence in 16 communities in Canada and North America, Sanimax employs more than 950 people.
Under the terms of the agreement, the two companies will work exclusively together to bid for organic waste treatment contracts that are expected to be tendered in the coming years by the leading cities of Quebec Province. Shanks and Sanimax believe that the combination of their local presence, technological expertise and proven track record of delivering long term municipal contracts will position them well to help Quebec Province meet its sustainability objectives.
Peter Dilnot, Chief Executive of Shanks, said:
"We are delighted to have entered into this agreement with Sanimax to better enable us to meet the needs of Quebec Province in diverting its organic waste away from landfill. Sanimax' local expertise and proven capabilities in waste management make them the ideal partner for Shanks."
Martin Couture, Chief Executive of Sanimax, said:
"We are very pleased to have entered into alliance with Orgaworld and Shanks Group. Their proven capability in serving the needs of municipal authorities combined with their track record as a leading organic waste treatment company means that, together, we are very well positioned to meet environmental issues and create sustainable development opportunities."
For further information:
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College Hill |
+44 (0)20 7457 2020 |
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Mike Davies |
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Helen Tarbet |
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Kim Peters |
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Notes to editors
Shanks Group is a leading international sustainable waste management business. We meet the growing need to manage waste without damaging the environment. Our solutions reduce greenhouse gas emissions, recycle natural resources and limit fossil fuel dependency.
Shanks uses a range of sustainable and cost-effective technologies to make valuable products from what is thrown away and generate increasing returns for shareholders. We produce green energy, recovered fuel, recycled commodities and organic fertiliser.
Shanks operates in four divisions that reflect our markets: Solid, Hazardous, Organics and UK Municipal. It has operations in the Netherlands, Belgium, UK and Canada and employs around 4,000 people.
In its target markets, the Group is at the forefront in providing sustainable waste management solutions for both the public and private sectors.
For more information, visit: www.shanksplc.com
Dunedin House, Auckland Park F +44 (0)1908 650 651
Mount Farm, Milton Keynes www.shanksplc.com
United Kingdom
This information is provided by RNS
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