Nick Clegg MP, leader of the Liberal Democrats, has called for better bank financing of green businesses to support a ‘fairer and greener economy’.
Clegg made the call whilst visiting the factory of 2K Manufacturing, to see how the company makes its EcoSheet, a plywood replacement made entirely from waste plastic.
Clegg described the company as “exactly the sort of green, job-creating British business that we need to be helping during the recession”.
“Products like EcoSheet will support our green stimulus plan, which will also bring a quarter of a million empty homes back into use, providing a welcome boost to the hard hit construction industry as well as tackling the shortage of affordable housing,” he said.
2K Manufacturing’s plant in Luton can recycle mixed-plastics waste (different polymer types) back into a useful product for use in the construction industry. It can take consumer waste, industrial waste and construction waste and can recycle it into plastic panels which can be reused again and again. It creates a complete closed loop system for the construction industry as the product it produces – EcoSheet – can be taken back from building sites and remade into new product.
Currently, over 25 million plywood sheets are used a year which are not recyclable and have to be disposed of in landfill.