Viridor
At a glance
Viridor is one of the UK’s leading and fastest-growing recycling, waste management and renewable energy businesses. It won the National Recycling and Waste Management Business of the Year Award in 2010.
Operational highlights
Viridor achieved significant increases in revenues and profit in 2010/11 as it:
- grew the contribution to profits of recovering the value in waste to 46% (as landfill fell to 23% from 69% in 2001)
- had a successful first full year of operation at its Lakeside joint venture Energy from Waste plant
- managed the second successful year of operations of its Greater Manchester PFI contract
- increased its total renewable energy production capacity to 136MW.
2010/11 notable achievements
During the year Viridor:
- acquired five high-quality recycling businesses, strategically sited to complement existing UK operations and international recyclate sales
- achieved profit margins per tonne on its high-quality recyclate appreciably greater than landfill
- by the year-end had completed 31 of the 42 new facilities for the Greater Manchester joint venture contract
- commenced Phase II in the construction of the new combined heat and power EfW plant at Runcorn
- achieved planning permission for four new EfW plants (one after the year-end and two subject to challenge)
- was named the National Recycling and Waste Management Business of the Year at the National Recycling Awards.
Strategy and performance
Viridor is committed to leading the way in maximising the opportunities generated by the Government’s landfill diversion, recycling and renewable energy targets.
In this way it will grow and add value through:
- developing new, and expanding existing, recycling operations to meet ambitious EU/UK targets
- successfully exploiting the huge potential in waste-based renewable energy generation
- capitalising on its strong position in landfill waste disposal.
Where we operate
Viridor has a fast-growing network of recycling, waste management and renewable energy operations across the UK, with current strengths in the South West; South East and North of England; East Anglia; South East Wales; and Scotland. The company sells its high-quality recyclate internationally, with established relationships across Europe and in emerging markets including China and India.