Revenue: £172m, 24% of the Group^*
Trading profit: £10.8m, 20% of the Group^*

In Belgium, environmental responsibility is devolved to the three Regions: Flanders, Wallonia and Brussels. Flemish environmental legislation and landfill tax levels are very similar to those in the Netherlands resulting in similar market characteristics with high levels of recycling, a reliance on incineration for final disposal and very little landfill. In the Walloon Region landfill tax on Industrial & Commercial waste rose significantly on 1 January 2010 to an effective rate of €90 per tonne, which will promote increased recycling and other forms of energy recovery.

The primary activities are Solid Waste, Hazardous Waste, Power, Landfill and Sand Quarry.

We aim to grow the solid waste businesses to replace the declining contribution from landfill. By focusing on solid recovered fuel (SRF) and biomass s production we will be able to create sustainable competitive advantage by securing long-term energy from waste outlets at lower costs than landfill or mass burn incineration.

Find out more about Shanks in Belgium

^*As at 31/03/2010