SITA UK Reviews Future Of Metals Recycling Division

02-07-13(2)picSITA UK has announced that it is carrying out a formal review regarding the future of its metals recycling division.

From 1 July there will be a 45 day consultation period for members of staff at the company’s seven metals processing sites who have been informed that they are at risk of redundancy.

The review of SITA UK’s metals recycling division follows difficult trading conditions within the metals recycling market, which have persisted for several years. Trading conditions have been exacerbated by the decline nationally and globally in both demand and the pricing of metals within commodities markets.

David Palmer-Jones – “Although within the metals recycling division we will stop accepting metals at the gate, we will continue to collect all the skips that remain at our customers’ premises and we will process the metals we collect from them as normal”

David Palmer-Jones, chief executive officer of SITA UK, said: “We have built up an excellent metals recycling team and service for our customers which has led the way in setting industry standards within metals recycling, making today’s announcement all the more difficult. We have decided to launch this formal review, however, following years of difficult trading conditions and no sign of improvement in the medium term.

“Although within the metals recycling division we will stop accepting metals at the gate, we will continue to collect all the skips that remain at our customers’ premises and we will process the metals we collect from them as normal. We will be contacting all our metals customers over the coming days.

“We will review the feedback we receive during the consultation process over the next 45 days and a formal decision will be made about the future of our metals recycling decision in late August.

“In the meantime SITA UK’s core business, involving the management and delivery of recycling and waste management contracts in the public and private sectors, continues to trade strongly.”

 

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