MVV Environment’s UK director has insisted the EfW specialist is “committed” to securing new sites – after its German parent company stated it was ‘closely monitoring’ the outcome of Brexit.
Paul Carey, managing director of MVV Environment, said the recovery business was still “looking for new opportunities” in the UK and is due to launch a second public exhibition this month over its plans for a waste incinerator in Dundee.
MVV’s Devonport EfW in Plymouth, which has boosted the company’s sales in its first full year of operation
MVV Energie Group – the German company behind MVV Environment – has confirmed it is ‘closely monitoring’ whether and how the UK’s decision to leave the EU will affect its business.
In an August financial update for the first nine months of 2015/16, the Group suggested that any ‘medium-term weakening in the British pound’ would reduce its earnings in euros – with developments dependent on ‘the specific structure of the exit agreement reached with the EU’.
The Group however adds that the Executive Board does not feel Brexit could threaten the company’s continued existence ‘from a current perspective’, adding: “We currently do not expect the Brexit decision to have any significant influence on the development in key waste and waste timber prices.”
Business
Speaking to letsrecycle.com, Mr Carey attempted to allay concerns over the statement adding that MVV was “looking to do more business” in the UK.
He said: “Brexit hasn’t changed our interest in the UK and Scotland, we are still looking for new opportunities and we’re still committed and behind Dundee.”
MVV currently has two operational plants in the UK: the Devonport Docks facility in Plymouth and the Ridham Docks biomass plant in Kent.
The Devonport plant, which is located adjacent to a Ministry of Defence site, processes around 163,000 tonnes of refuse per year on behalf of three Devon councils.
Both plants have been attributed to MVV Energie’s year-on-year growth in consolidated sales, with the Devonport site recently completing its first full year in commercial operation.
Dundee
MVV is one of four waste contractors currently shortlisted to handle a joint 20-25 year residual waste treatment deal with Dundee and Angus councils, alongside Amey, Suez and Veolia.
MVV has set its sights on a new EfW facility to serve Dundee and Angus councils
The contract includes construction of a £100 million energy from waste plant, which if it went ahead would supplement the existing incinerator at Baldovie in Dundee, to serve the disposal needs of both local authorities.
The existing energy recovery plant is operated by Dundee Energy Recycling Ltd (DERL) – a company owned by Dundee council which has handled the city’s waste since 1994. The facility was closed for 18 months after it was affected by a large fire in 2012.
Application
MVV submitted a planning application for its own facility at the Baldovie site in June as part of its contract bid – which the council today confirmed is still pending consideration.
An email included in the council planning documents dated 27 June 2016 indicated that the second round of exhibitions was due to take place in August but had to be postponed as MVV’s development had ‘not reached design maturity’.
But speaking to letsrecycle.com, Mr Carey said that the planning process for the facility had made progress and a second exhibition with members of the public was due to take place.
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Source: letsrecycle.com Waste Managment
