Costain wins 120 million pound waste plant contract

Mon Aug 11, 2008 7:41am BST
 
Email | Print | | Single Page
[-] Text [+]

(Reuters) - Construction company Costain Group (COSG.L) on Monday said it won a 120 million-pound contract from Swiss plant construction company Von Roll Inova to design and build a waste plant in south-east London.

The company said construction work on the main site of the Riverside Resource Recovery facility at Belvedere started in July and the overall investment in the project is estimated at 350 million pounds.

Costain is providing design, site infrastructure and building works for the main building, jetties, roads and offices, it said in a statement.

(Reporting by Tresa Sherin Morera in Bangalore)

 
A share trader is pictured behind a mock one dollar bill and a mock 500 Euro note symbolizing a consumer credit note, at the German stock exchange in Frankfurt, December 18, 2008. REUTERS/Kai Pfaffenbach
Credit headwind

News headlines speak of recovery, but financing is still a big problem in Germany. The dearth of credit to tide firms over is frustrating policymakers, who are blaming reluctant banks and there is little agreement on how best to increase lending flows.  Full Article 

Market Update

  • UKUK
  • USUS
  • Europe
  • Asia
  • UK Most Actives
Currency
US $ inGBP =0.6120
Euro inGBP =0.8559
¥en inGBP =0.0065

Most Popular on Reuters UK

  • Articles
  • Videos