GRD - Australia's Other Dynamic Recycler
GRD's Global Renewables operation - which sorts, processes and recycles municipal waste - is attracting international attention.

I wrote about Sims Group, describing it as Australia's dynamic recycler, thanks to its Sims Recycling Solutions division, which has become the world's biggest electronics recycling operator.

Another Australian company, GRD Limited, is also prominent in international recycling, thanks to its Global Renewables business, and this is attracting considerable investor attention.

GRD's main business is the provision of engineering services for the mining industry, and thanks to the worldwide resources boom - it is active in Australia, South Africa, Brazil and elsewhere - it is seeing excellent business.

The smaller and newer Global Renewables business is focused on technology - called the UR-3R Process - to maximize the recovery of resources from municipal waste. It is a combination of sorting, "biological digestion" and composting processes.

The company owns and operates an urban waste treatment project incorporating the UR-3R Process at Eastern Creek in Sydney, designed to process 175,000 tonnes of municipal solid waste annually.

Thanks to the successful implementation of this process, GRD in 2007 won its first international contract, for the Lancashire Waste Project in the UK, together with Bovis Lend Lease Limited. It is anticipated that it will start operations in 2010.

According to GRD:

It is the company’s view that the international growth potential of Global
Renewables is likely to be enhanced by restructuring its ownership or introducing a major strategic partner. This would likely provide the size and capability to more aggressively exploit opportunities available to Global Renewables and help the business become a long-term sustainable leader in the field of waste processing and diversion from landfill.

GRD’s objective is to advance the Global Renewables business as quickly as possible, with a view to accelerating the return to investors.

Establishing the Lancashire Waste Project during the year was a significant achievement for Global Renewables. The short term development focus of the business remains in the UK and Europe, where market imperatives for avoiding landfilling of municipal waste are some years ahead of Australia and other parts of the world. Numerous
further UK opportunities are currently being pursued under an alliance partner arrangement with Lend Lease Corporation Limited.

April 20th, 2008

Contact
Privacy Policy

GRD - Australia's Other Dynamic Recycler GRD's Global Renewables operation - which sorts, processes and recycles municipal waste - is attracting international attention.

GRD - Australia's Other Dynamic Recycler
GRD's Global Renewables operation - which sorts, processes and recycles municipal waste - is attracting international attention.