A RECYLING giant will create 40 new jobs as when it opens a new state-of-the-art glass recycling plant in Northfleet.
Recesco is expanding into the south east and the opening of the new plant in June this year is expected to increase the company's turnover from £18m to £28m.
The firm secured a £5.5m finance package from HSBC in order to build the plant on three acres of land in Northfleet.
This will be the company’s fifth UK plant with others based in Ellesmere Port, Southampton, Cwmbran and Nottingham.
Director Tim Gent said: "This processing plant will be best in class, with 90 per cent of what we put into the process ending up as furnace ready cullet that we can distribute to manufacturers.
"We learn something new from each plant we develop so the Northfleet plant is the culmination of many years experience and hard work.
"The south east is also a key market that we have been studying for a few years but now we feel is the right time to make the move.
"I'm delighted to have the backing of HSBC for this project, they have demonstrated a real and thorough understanding of our company."
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