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Liberty steps up plans for green steel business.

Byline: Chris Pyke Business Reporter

THE Liberty House Group has launched a metal recycling business, Liberty Metal Recycling (LMR), as a step towards the achievement of its green steel strategy.

LMR plans to set up a processing centre at Newport, where the group already operates a one-milliontonne-a-year hot strip mill and where it aims to recommence liquid steel production in the near future from recycled scrap.

In addition to its Newport plans, the Group's aim in the UK is to locate recycling centres in regions of high scrap metal generation and close to Liberty's steel melting and rolling facilities. These regions are likely to include the South East, Midlands, North East and Scotland.

LMR will develop a network of advanced collection and processing facilities for both ferrous and nonferrous metals across the UK, USA and continental Europe.

Liberty House executive chairman, Sanjeev Gupta, described the launch of LMR as: "A very significant step on the journey towards the delivery of our green steel vision.

"The projected growth in the supply of scrap in the UK and in other developed economies over the coming years provides the basis for a strong, competitive and sustainable steel industry for the future.

"The fact that we have recruited two of the most prominent and accomplished individuals in the global metal recycling industry shows how serious we are in delivering on this vision."

Tom Bird, previously of SIMS and Van Dalen, will head up the UK and US parts of the new enterprise while Matthijs de Jong, formerly with Euro Scrap, TSR Recycling and the Alba Group, will lead the operation in mainland Europe.

Liberty intends that the new international business will be freestanding and profitable in its own right.

The UK metal recycling business will supply the group's fast-growing integrated steel business in the UK, which will be based increasingly on domestic scrap, melted in electric arc furnaces and powered by renewable energy.

Within five years it is intended that the business will be recycling five million tonnes of metal a year in the UK alone.

Liberty will simultaneously develop its recycling business in the USA and on continental Europe where it has already opened a scrap collection and trans-shipment operation in Gdansk, Poland.

Tom Bird, 53, who will be CEO of Liberty's UK and US recycling business, has more than 30 years' experience in the industry.

Having joined the Bird family business from university in 1986, he went on to lead the UK arm of SIMS Metal Management where he oversaw the expansion of the business, becoming the second largest metal recycler in the UK.

He has a wealth of experience in all aspects of the metal recycling sector.

Business law graduate Matthijs de Jong, 42, has held key positions in the metal recycling industry across the world over the past 20 years. He was with Euro-Scrap/TSR Group from 1997 to January 2013 where he was responsible for ocean logistics and international trading, and subsequently took a senior role with the Alba Group.

His roles within the industry have seen him based across Europe and Singapore, where he set up a 'direct to the factory' sales channel.


<B Liberty Steel boss Sanjeev Gupta called the launch of Liberty Metal Recycling as a 'very significant step on the journey towards the delivery of our green steel vision'
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Title Annotation:Business
Publication:Western Mail (Cardiff, Wales)
Geographic Code:4EUUK
Date:Oct 11, 2016
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