Sterecycle is an environmental technology company, developing a groundbreaking new and highly efficient system to recycle up to 80% of domestic waste using steam treatment and mechanical sorting.

At an exciting early stage of its development, the company has just received second round funding from city investors, and Ailsa3 now hold a minority interest in the venture.

The Sterecycle patented system is cleaner, safer, more cost effective and more efficient than existing technologies such as standard mechanical sorting “Material Recycling Facilities”, in-vessel composting, Mechanical-Bio-Treatment, advanced thermal treatment and incineration. Indeed, Sterecycle can be integrated with existing systems to pre-recover recyclables and dramatically improve system performance.

The company has its first plant under construction, and is close to signing its first contract with a local authority.

Commenting on the Sterecycle investment, Andy Hinton said "Having had experience of the autoclaving of medical waste with White Rose Environmental, I am convinced that this is the right solution for household waste. The European Landfill Directive is forcing governments to promote recycling and there is a huge opportunity for innovative young companies like Sterecycle to take market share".

22 million tonnes of municipal waste are landfilled every year in the UK and waste is increasing at 3% per annum (Source: Environmental Agency). The EU Landfill Directive requires member states to dramatically reduce the amount of waste that is landfilled or face heavy fines. The UK government is committed to reducing landfill and increasing recycling, evidenced by the continuing increases in Landfill Tax.

These changes in landfill legislation and advantages the system holds over existing technologies puts the innovative leaders in new recycling technologies in a position to take large share of this massive and fast growing market.

For more information visit the Stereclycle
website at www.sterecycle.com