Palm Recycling secures three-year contract to collect paper from more than 100 banks across six South East Wales councils to recycle into newsprint at Palm Paper's Norfolk, England, paper mill

LOS ANGELES , October 18, 2011 () – Palm Paper subsidiary Palm Recycling Ltd. reached a three-year contract with the South East Wales Waste Management Group (SEWWMG) to collect paper from more than 100 banks across six South East Wales councils, reported letsrecycle.com on Oct. 10.

U.K.-based Palm Recycling beat out rivals Aylesford Newsprint Ltd. and Biffa Group Ltd. for the deal, which began in July 2011. Under the contract, the councils will provide Palm Recycling with additional recovered paper for newsprint processing at Palm Paper’s Norfolk, England, paper mill.

SEWWMG hopes to improve the quality and boost the amount of recovered paper collected. The six participating councils are Blaenau Gwent, Caerphilly, Merthyr Tydfil, Monmouthshire, Newport and Torfaen.

As part of the contract, Palm Recycling will pay local authorities an undisclosed amount per tonne of paper collected from the more than 100 bank locations. The deal has an option to be extended for an additional two years.

Based on the previous paper collection contract with Aylesford Newsprint, the deal is expected to generate about 1,000 tonnes of paper per year.

Palm currently collects from more than 6,000 banks nationwide, reported letsrecycle.com.

The primary source of this article is letsrecycle.com, London, England, on Oct. 10, 2011.

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