INVESTORS : Post

Straight plc (AIM: STT), the environmental products and services group, is pleased to announce that it has been awarded contracts by four local councils in England to supply kitchen caddy food waste containers and compostable food waste bags. The contracts are worth a total of £1.3 million.

Seven and 23 litre kitchen caddies will be supplied to 56,000 properties in Gloucester, 36,000 in Tewkesbury and 57,000 properties in Newcastle Under Lyme. The Group is also supplying 120,000 seven litre caddies with ventilated lids and 18 million compostable liners to Stockport Metropolitan Borough Council. The ventilated system allows moisture in food waste to evaporate, reducing the weight and volume of material for collection.

All of Straight's kitchen caddies are exclusively manufactured for Straight in the UK and encourage householders to separate food waste in their kitchens for collection at the kerbside and subsequent composting or anaerobic digestion.

Commenting on the news, Jonathan Straight, Chief Executive of Straight plc, said: "We are delighted to be helping more local authorities enhance their recycling performance through the addition of source separated food waste collection.

"Separating food from household waste is important as it allows councils to collect residual waste on a fortnightly basis, which saves them money. Separating food waste also allows councils to use it to generate renewable energy and make compost, which are both financially and environmentally beneficial activities."