Cyclamax focuses its energy on London Thames Gateway
As one of the fastest growing sectors in the UK, Environmental Technologies are set to make a huge impact on London’s economy over the next few years. The sector is expected to be worth £45 billion to the overall UK economy by 2016 and integral to this growth is the emergence of dedicated ‘sustainable resource parks’. The 25 hectare London Sustainable Industries Park (SIP) in Dagenham Dock, being developed by the London Thames Gateway Development Corporation (LTGDC), is the first to be established in a European capital.
Gateway to London is delighted to announce, alongside LTGDC, that this week the SIP welcomes its latest partner, Cyclamax, a waste management firm that specialises in converting energy from commercial waste streams.
The planned 100,000 tonne capacity gasification plant will produce up to 15 mega watts of energy per year, providing enough power for up to 20,000 homes, and diverting thousands of tonnes of waste from landfill. The company’s fourth, and flagship, facility will occupy a 3.5 hectare site at the SIP, and aims to reduce carbon dioxide emissions from waste by 500,000 tonnes per annum by 2015.
Gateway to London has been actively promoting the region’s Environmental Technologies offer and targeting industry leaders for two years, and the market is responding, with Cyclamax leading the way for many projects interested in the SIP and London Thames Gateway generally.
Gateway to London has been working with Cyclamax to meet their requirement for a large, well-serviced industrial site with close proximity to potential customers since September 2007. London Thames Gateway and the SIP fitted the bill perfectly, and Gateway to London was able to bring together partners including the London Development Agency, University of East London and LTGDC, to establish vital technological links and secure the investment. Cyclamax is aiming to lodge a planning application for the plant by the summer 2009, and plans to be operational in early 2012.
Tony Watkins, Managing Director, Cyclamax:
“We’re delighted to be setting up our waste-from-energy facility in the London Sustainable Industries Park. The location will provide fantastic opportunities to develop relationships with other occupiers and to share vital knowledge to meet our reduced carbon dioxide emissions targets.
“Gateway to London was instrumental in helping us find the perfect location. Their sector, relocation and regional knowledge, along with their exceptional networks, have also helped us to build valuable relationships with key partners. We are now in a perfect position, at the heart of this expanding market.”
John Williams, Chief Executive, Gateway to London:
“Cyclamax’s plans are proof of London Thames Gateway’s position as an emerging European hub for Environmental Technologies, and we continue to generate huge interest from companies looking to take advantage of the region’s burgeoning market. The London Sustainable Industries Park is a jewel in the region’s crown and, working with LTGDC, we look forward to building on the Cyclamax success and securing further industry leading investment projects for the region.”