Hydrodec Group has announced that subsidiary Hydrodec (UK) completed the disposal of its Knowsley office, plant and associated assets to Leyland-headquartered Mulberry Waste.
Up to this point, Hydrodec UK had two transfer stations in the North West, which were located at Knowsley and Manchester.
Following the sale, however, all oil collection operations will now be run out of its Manchester base.
As part of the disposal, Hydrodec UK has entered into a commercial agreement with Mulberry for the buyer to process workshop waste on its behalf.
Ian Smale, chief executive of Hydrodec, said: “Hydrodec UK has responded, and continues to respond to, and operate in, a tough trading environment.
“The disposal of the Knowsley office premises and plant is part of the process of realising operating efficiencies through the transition of the OSS and Eco-Oil businesses under a combined Hydrodec (UK) operating structure and brand.
“This combined Hydrodec (UK) operating structure will provide the security of feedstock supply which underpins the rationale and longer term strategy for a UK re-refinery.”