Recycling firms unveil €245m investment plan

LOW landfill levies and the Poolbeg incinerator stalemate are blocking a multi-million euro investment and the creation of hundreds of jobs, waste recycling companies have claimed.

The Irish Waste Management Association (IWMA) unveiled a plan yesterday that envisages a €245 million investment creating 235 new full-time jobs and 500 shorter term construction jobs over three years.

It says a resized Poolbeg and action to tackle the low cost of landfill will allow the private waste sector to invest in facilities that already have planning and licences.