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Mercury Recycling Group

website:http://www.mercuryrecycling.co.uk

Company details

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What does it do?

Recycles fluorescent tubes, supplies elemental mercury and recycles mercury-contaminated waste.

How is it social?

Mercury Recycling Group recycles waste materials that contain mercury such as batteries, dental amalgam, elemental mercury, fluorescent light bulbs, hospital waste, thermometers, and tilt switches. It also recycles sodium street lamps.

What is its business model?

Mercury Recycling Group recycles a range of mercury-containing products. It also recycles lamps, bulbs, tubes and batteries. It deals with facility management companies, electrical wholesalers, councils, blue chip companies, electrical contractors and waste management companies.

Mercury Recycling recently opened a new 30,000 sq.ft. premises in Trafford Park, making it the largest dedicated Lamp Recycling Facility in the UK to deal with a growing number of lamps sent for recycling.  This volume has increased because of the introduction of legislation such as the Landfill Directive, the Hazardous Waste (England and Wales) Regulations 2005 and the WEEE Directive. It is more cost-effective to recycle lamps than it is to send them to landfill. The site has the capacity to recycle 40 million lamps per annum. To put this into perspective it is estimated some 100 million lamps are distributed in the UK annually. Mercury recently announced that it is to launch sales of its lamp recycling equipment across the European Union. Mercury will also consider partnerships with organisations that wish to enter the market.

Its history

Independent Services Waste Management Ltd was founded in 1994, and the company opened the UK's first Lamp Recycling Facility in 1996. In 2001, the company changed its name, and Mercury Recycling Group plc became AIM Listed on the London Stock Exchange. The Group acquired several other waste service companies between 2001 and 2003.

More information

Current shareholders:Pershing Kenn Nominees, 13.7% Simon Lebor (CEO), 13.2% HSDL Nominees Ltd, 11.2% Joseph Claude Dwek CBE FT (Non-Executive Director), 9.6% The Rt Hon The Lord Barnett JP PC (Non-Executive Chairman), 7% L R Limited Nominees, 5.4% Ronald Atkins, 5% Bryan Neill (managing director), 3.5% Barclays Nominees, 3%
Chair:The Rt Hon Lord Joel Barnett
Year of incorporation:1994
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Company snapshot

Company type:PLC
Address:Unit 17 Commerce Way, Trafford Park, Manchester, GB, M17 1HW
Telephone:+44 (0)161 877 0977
Blog:
CEO:Simon Lebor
Industrial sector:Recycling and waste management
Social / Environmental benefit:Waste reduction;
Certifications:
Social business sector:Alternative Energy and the Environment;

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