“The outcome of the sale or spin off
option will inevitably be determined at their HQ and all efforts locally
should be concentrated on maximising the potential benefits of the spin
off option which could refocus activity at the plant on the core business
of vitamin production and it’s marketing to ensure the plant’s future viability
and profitability” said Mr Wilson.
“ The company have invested heavily
over the years in their own waste water treatment plant as well as in the
local sewerage network with a consequential and significant improvement
in their environmental performance.”
“Given the competitive pressures which
exist elsewhere in the market in relation to energy costs and foreign competition
it is important to the company and the local community that the maximum
benefit is gained from that investment in terms of improvement in both
their relative competitiveness as well the environment.”
“ I will be asking my officials in
the Executive to ensure that their efforts are directed in the weeks and
months ahead to ensuring the company’s efforts environmentally are reflected
in the charging and regulatory regimes under which they are required to
operate” said Mr Wilson
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