N+P Group have secured a £30.6 million bilateral financing package from NatWest, including a £5m facility from Lombard for the Crayford Materials Recycling Facility (MRF). This significant transaction supports the refinancing of existing facilities and underpins a new phase of strategic development at the Crayford site, reinforcing its position at the forefront of sustainable waste management and resource recovery.
The funds will facilitate an extensive capital expenditure programme that includes capacity expansion, infrastructure upgrades, and the adoption of advanced AI-enabled and robotic sorting technologies. These enhancements are designed to improve operational efficiency, increase processing capacity, and enhance the facility’s critical role in the South East’s waste management infrastructure.
In addition to this financing, N+P confirmed three strategic investments across its Crayford and Teesside sites, aimed at further strengthening operational resilience, safety, and performance:
- Crayford Mini-MRF upgrade: Crayford’s Mini-MRF facility will undergo a transformation with state-of-the-art optical sorting technology. This will improve separation efficiency, reduce residual waste volumes, and enhance recovery rates through additional recyclable commodities being recovered. Construction is set to commence this week, with operations anticipated to begin in early April 2026.
- Crayford Main MRF automation: a major upgrade of the main plant’s sorting process is scheduled for completion by September 2026. This project will automate the mixed paper sorting line, reducing manual handling, enhancing output quality, and increasing operational safety, all while providing greater flexibility for material stream optimisation.
- Teesside Plant optimisation: additionally, at the Teesside site, N+P confirm an upcoming upgrade scheduled for completion by September 2026. This project includes the installation of a dedicated processing line for the fines stream, increasing recovery of ferrous and non-ferrous metals.
