Dungannon based refrigerator recycling company TechRec (NI) has secured new contracts and increased turnover by 50 per cent by exploiting waste disposal legislation.
The firm, formerly known as COD International, was acquired by Dublin-based TechRec Ireland during a successful collaboration project.
TechRec (NI) has the only refrigerator recycling facility on the island of Ireland. With support from RDA Invest NI, both companies worked in partnership so that waste electrical and electronic equipment (WEEE) from Northern Ireland could be collected by the Dungannon firm and routed to TechRec Ireland in Dublin, while used refrigerators from the Republic of Ireland could be processed by TechRec (NI) in Dungannon.
Martin O’Hagan, Commercial Director of TechRec (NI), said: ‘Having established ourselves as the only fridge recycling plant on the island of Ireland in 2001, we were in a good position to exploit the local market as European WEEE directives took effect. But by teaming up with TechRec in Dublin, our export customer base and, subsequently, our turnover have soared. We now have a larger pool of technical expertise and greater bidding power for contracts and, in becoming part of the international One51 Group, have further raised our profile.’
Initial meetings between the firms were facilitated by Invest NI’s Innovation Relay Centre and the Innovation Relay Centre in Enterprise Ireland, both members of a network of centres covering every European country.