New £150m recycling group formally launches

 

Simpler Recycling

A new commercial waste company formed from acquiring several different regional recycling operators is formally launching this week.

Headed by former SUEZ CEO David Palmer-Jones OBE, CIRQLR says it serves over 15,000 customers, handles 600,000 tonnes of recycling materials annually, and has an annualised turnover of £150m.

Commenting on the launch, Palmer-Jones, CEO of CIRQLR, said: “We have rapidly built CIRQLR GROUP into a significant player in the commercial recycling market and our growth journey has only just begun.

“A generational step change in how we manage business waste is underway, supported by the implementation of positive regulatory changes over the next five years.”

Chambers Waste Management, which covers Surrey, became the latest regional recycling firm to join the new company CIRQLR.  

CIRQLR says this latest acquisition means it now has coverage in the Humber, across the East of England and East Anglia via Ellgia, and north and central London via KP Waste and Eco Waste.

David Palmer-Jones, CEO of CIRQLR.

CIRQLR has 19 recycling facilities and says it is preparing to invest in more infrastructure to double its current number of 600 staff. 

After the introduction of Simpler Recycling, and ahead of the introduction of Extended Producer Responsibility and a nationwide Deposit Return Scheme, CIRQLR says there will be a “marked increase” in the volume and quality of materials captured back into the supply chain.

CIRQLR says it aims to leverage these changes in what it calls a “generational step change” in how business waste is managed.

Palmer-Jones continued: “In anticipation of these changes, CIRQLR has rapidly formed one of the country’s leading business recycling groups.

“CIRQLR is now ready to fulfil its mission of ‘giving waste a second life’ and deliver a more circular economy for UK businesses.

“With a government now willing to put into action the clarity and stability of regulation needed to stimulate investment and growth in recycling, there is scope to further develop CIRQLR as a significant shaper of the commercial and industrial markets.”

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