The new facility will provide Sims UK the opportunity to expand UK deepsea shipments of scrap metal to markets across the world. Globally, Sims recycles and recovers 8.7 Mtpa of scrap metal – nearly 1.6 Mt of which is handled in the UK.
The new facility at London Medway will have the capacity to handle 300,000 tpa for Sims UK, and is now fully operational.
Alistair Field, group CEO and managing director, said: “This facility is a great opportunity and an integral part of Sims’ strategy to grow in its current markets.” With an annual turnover exceeding £3B in 2017, Sims operates from more than 200 sites spanning five continents, with over 35 metals recycling sites in the UK. Globally, the Sims business reflects 100 years of experience in metal recycling.
Paul Wright, managing director, Sims UK, said: “As a company, we are committed to improving recycling and recovery rates for scrap metals and we’ve identified Peel Ports London Medway as a key partner to facilitate our growth.
“London Medway is ideally located to allow Sims UK access to our core markets in Turkey, Europe, Asia and the USA, as well as increase the volume of scrap metal we are able to handle. We look forward to working with Peel Ports to support our latest investment and cement the position of Sims as a global leader.”
Paul Barker, port director at Peel Ports London Medway, said: “This newly formed partnership between Peel Ports and Sims Metal Management heralds a new direction for the business, with the launch of our first ever scrap metal facility at Sheerness.
“We look forward to working closely with Sims to grow their business in the south east and across the wider Peel Ports Group network.”
The ports of Sheerness and Chatham form the core terminals of Peel Port’s London Medway cluster, named to reflect their proximity to the UK’s capital city. London Medway handles 3.1 Mtpa of cargo, across a range of commodities including steel, agribulks, forest products and automotive.
Globally, Sims specialises in turning vehicles, machinery, building materials and a whole host of other domestic and industrial items into specification-grade raw material commodities feeding steel mills and smelters, which turn those raw materials into the manufacture of new products. Recycling of metals saves energy and reduces the environmental costs usually associated with producing materials such as steel, copper, and aluminium from virgin sources.