Energy firm signs €70m British deal

CLEAN energy firm Cynar has agreed a £60 million (€70m) deal with Sita UK to build Britain’s first fully operational plants to convert waste plastic into diesel fuel.

Portlaoise-based Cynar will build 10 plants in Britain, the first to be up and running in London by the end of 2011. The deal will create 100 jobs, 50 of them at Rockwell Automation in Cork.

Sita’s French-based parent company, Suez Environment, will watch the London plant closely with a view to European and even global expansion.