VCA Stocks

New Earth Solutions Ltd., a UK-based operator of waste facilities, has raised Gbp4 million ($7.85 mm).  New Earth, a biological waste treatment and resource recovery company, was established to help local authorities meet their obligations to divert waste from landfill under the EU landfill directive. Local authorities now face limitations on the amount of biodegradable waste which can be disposed of to landfill and penalty fines for every tonne in excess of that agreed limit will be strictly imposed.  New Earth has a 50,000 tonne per annum (tpa) waste facility operating in Canford, Dorset, supported by waste management contracts with Bournemouth Borough Council and Bristol City Council. Additionally, a new facility is under construction in Kent with contracts to receive source segregated organic waste from Kent and Essex County Councils.