Eurovia and Aggregate Industries have today announced the formation of a new joint venture company that could see the application for the controversial Medina Wharf asphalt plant withdrawn.
Aggregate Industries already trades on the Isle of Wight through a subsidiary, Bardon Vectis, which has been established on the Island for 30 years. The new company, Wight Building Materials Limited, will supply asphalt, concrete, pre-cast and aggregate materials on the Isle of Wight and service the Island’s Highways PFI and will comprise virtually all of the existing Bardon Vectis holdings on the Isle of Wight, including the existing asphalt plant at Blackwater Quarry, St George’s Down.
Much to the dislike of local residents, Eurovia Roadstone submitted an application for a ‘modern, low emission’ asphalt plant at Medina Wharf near Cowes back in 2012, however, subject to the various additional measures being approved by the Isle of Wight Council at the Blackwater Quarry site, to deliver high performance asphalt production for the Highways PFI and for asphalt aggregate recycling, the controversial Medina Whaft plant will no longer be required, according to Eurovia Vinci.
Island Echo reported links to Bardon Vectis back in May.
As a supplier of asphalt and other related building materials, Wight Building Materials will play a central supply role in the delivery of the roads maintenance and highways upgrade programmes run under the 25-year PFI contract.
Scott Wardrop, Managing Director of Eurovia Group, said:
“We are very pleased to announce the formation of Wight Building Materials, a full joint venture company between Eurovia and Aggregate Industries. Wight Building Materials will produce and supply building materials across the Island and with the addition of the Highways PFI, it will make the business more sustainable for the employees and allow the shareholders to invest in new high performance asphalt production and asphalt recycling for the future.”
Aggregate Industries Director of Aggregates and Cementitious Materials, Philippe Frenay, comments:
“We are delighted to have entered into a joint venture with Eurovia. Through Bardon Vectis, Aggregate Industries has been working on the Isle of Wight for 30 years and our staff on the Island are pleased to have the opportunity to be part of this upgrade and improve the roads across the Isle of Wight.”
Councillor Jonathan Bacon, cabinet member for planning and regulatory matters, said:
“We are delighted that Eurovia has listened to both our concerns, as well as those of the residents we represent, and reached an agreement to develop a new asphalt plant at Blackwater Quarry, St George’s Down. The location of the asphalt plant on the banks of the River Medina has always been a contentious issue and it was made clear in our Framework for Change that this had to be addressed. I hope that this will mean the current planning and licence applications in relation to that site will now be withdrawn in due course.”