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RNS Number : 9832L

Environmental Recycling Tech. PLC

11 September 2012

ENVIRONMENTAL RECYCLING TECHNOLOGIES PLC

(AIM: ENRT)

New Licence Agreement

Environmental Recycling Technologies plc ("ERT" or "the Company") (AIM: ENRT), which has developed and is exploiting the patented rights to the Powder Impression Moulding ("PIM") process capable of converting mixed waste plastics into commercially viable products, is pleased to announce that it has granted a non-exclusive licence to NBF Plastics LLC ("NBF Plastics")

The Licence allows for the manufacture and sale of flat sheet within the United States of America, Canada and Mexico Under the terms of the licence NBF Plastics will pay ERT a licence fee of $100,000 in addition to annual royalties based on sales of products made using the PIM process.

NBF Plastics LLC is an affiliated company of North Brook Farms Inc., a diversified manufacturing company with product offerings in the agricultural, equine, commercial/industrial and consumer markets. Its products range from an animal comfort "cow mattress" and horse arena footing to alternative building materials, heavily centered on a recycled materials philosophy. North Brook's main operations are located in Auburn, NY in the Finger Lakes region.

Roger Baynham Managing Director said: "We are particularly excited to have signed our first flat sheet PIM licence in North America with NBF Plastics. We are confident the NBF management team's experience, innovation and entrepreneurialism will hugely assist in the commercialisation of our PIM technology in North America and we look forward to working with them going forward".

Peter Kyle, President of NBF Plastics LLC said "NBF Plastics is pleased to adopt the innovative PIM process through ERT. This addition to the North Brook family is consistent with our mission to develop cost-effective products using recycled materials. We believe PIM will help us meet the growing need for mixed recycled plastics in our current markets."

Enquiries:

 
 Environmental Recycling Technologies         www.ertplc.com 
  Plc 
 Roger Baynham (Managing Director)          T: 0845 071 1394 
 Ken Brooks (Executive Chairman) 
 
 W H Ireland Limited                    www.wh-ireland.co.uk 
 John Wakefield / Marc Davies               T: 0117 945 3470 
 

Notes:

Environmental Recycling Technologies plc (ERT) is a leading developer of innovative technologies specifically focusing on plastic waste recycling. The company holds the worldwide intellectual property rights to the Powder Impression Moulding (PIM) Process.

The ERT PIM process allows businesses to improve their environmental footprint by adding new value to mixed plastic waste streams by conversion into viable lucrative products, which in turn can be recycled at the end of their life.

For more information about Environmental Recycling Technologies plc please visit www.ertplc.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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