October 2020

ROMCO Group: Ghana Building Progress

romco-ghana-1.png

See ROMCO down on the ground of their new facility in Ghana, Dawhenya, PramPram, where Romco CEO, Raymond Onovwigun, gives us a sneak peek of exciting things to come for Romco.

The new Ghana Metals site is planned to eventually become as big as our recycling facility in Nigeria, with two furnaces producing secondary aluminium, copper, & other non-ferrous metals down the track. The project is a testament to the boards diversification commitment of location, material source, and product. 

Raymond said about the video below: “Thanks to all involved, Romco Nigeria’s little brother is now on his way! It’s amazing how quickly these things can come together (in contrast to the years of planning) after the first shovel hits the ground. The progress, even since filming this, is very exciting.”

We’ve launched the update along with our new youtube channel, to showcase more updates, advertisements, and in-depth interviews on what we’re up to at Romco. Check out the Ghana building progress here:

ROMCO Group: 2 Million Reasons to go 'Loco'

romco-loco-1.png

Romco announces over £2million in funds have been accessed in their ‘Local Business Buying Program’ for renewable resources across West Africa.

Romco, a global non-ferrous metals recycler working in The Economic Community of West African States (ECOWAS), have made the bold decision to invest in the small local businesses they work with — helping to create thriving local businesses in the sustainable sphere across the region. Under the leadership of Raymond Onivwigun, The CEO and Founder, Romco have launched an ambitious local buying program for small businesses to access funds for growth and trade in the renewables sector.

“We are happy to announce we have spent a combined £2 million to date helping small businesses in our communities increase their agency and prosperity for future development and trade, helping see more successful, cleaner, and healthier communities around us.” Raymond said, highlighting the value of the move.

romco-loco-2.png

Romco’s purpose is “to reduce global dependence on raw materials mining by recycling our way to a sustainable future.” They extol a bold vision. Romco believe working to achieve ‘full global recyclability,’ or 100% recycling of the materials possible across the world, is one of the most important tasks of the 21st century.

Raymond says, “Unless the renewable potential of each material is being achieved, every green initiative that relies on mining those materials has virtually no net-positive effect on the environment, seeing as though destruction of the planet is still required to achieve that initiative. We need a global effort, from the very top all the way to the local level doing their bit to increase recycling availability, efficiency, and adoption everywhere. That’s what this local buying program is about; helping small businesses that work alongside us in places like Nigeria, Ghana and Cameroon, to grow alongside us and make this corner of the world a recycling power house.”

romco-loco-3.png

Romco’s main product, recycled aluminium, uses 95% less power and emits 92% less Co2 than producing it from raw. The environmental positives of recycling are not just limited there; Landfill is cleared, a range of toxins aren’t released into the atmosphere, and swathes of our eco-systems aren’t destroyed when secondary materials are sourced. The argument is compelling and the benefits are enormous. It’s no wonder Raymond is so passionate about seeing more organisations alongside Romco succeed.

“The program acts like a loan scheme,” Raymond said, “allowing merchants, buyers, and collectors across ECOWAS and beyond to use the money to source feedstock and grow their business. That feedstock, including aluminium and copper, is sent to our newly upgraded facility in Lagos, Nigeria, and soon in Ghana, for processing into useable ingots for industries like manufacturing, building, aeronautical, medical and more. The need is great, and we have a huge team dedicated to clearing landfill and upping the recycled materials availability from this region. It’s immensely important and we are already seeing great growth.”

romco-loco-4.png

It’s an initiative that local businesses have embraced, having accessing over £2million in funds to date. As Romco are set to grow further, they say we can expect more input into this initiative and others that will help create a more “cleaner, greener, & liveable Africa.”

Godwin Developments wins planning approval for suburban BTR scheme in Doncaster

Screenshot-2019-11-18-at-15.09.43.png

Plans to create the first suburban Build-to-Rent (BTR) scheme of 60 houses in Doncaster were approved yesterday (13th October 2020) at a meeting of the Doncaster Council’s planning committee.

The national multi-sector property developer, Godwin Developments, working with Teakwood Partners Ltd, put forward proposals to transform the c. 3.5-acre site on Watch House Lane in Bentley into a mix of two and three bedroom family homes to match growing demand from both investors and local residents.

The scheme, named Woodland Rise, is designed specifically to cater to the needs of families looking to rent high-quality professionally managed homes in the local area.

The brownfield site, which has been vacant for approximately ten years, is positioned along Watch House Lane and Fairfield Road. It benefits from open playspace within the design as well as access via the Trans Pennine Trail which borders the site to the East, and a range of local amenities that include an infant and junior school, supermarket as well as food and beverage offerings.

It is also within a short six minute walk from Bentley Train Station, offering direct services into Doncaster, as well as an easy commute to the cities of Rotherham, Sheffield and Leeds. It is well connected by road to the North of England via the M62 and M18, and beyond through the M1 motorway, accessible within 30 minutes.

Richard Cornes, Managing Director at Godwin Developments, said: “We are delighted to have been able to secure planning permission for this site, which has a great potential for redevelopment. We have designed a scheme that has been well received and supported by councillors as well as by local residents who recognise the need to regenerate it with a high quality residential scheme. We would like to thank them and members of the planning committee in Doncaster Council for assisting us in bringing forward this regeneration development.

“Suburban Build-To-Rent (BTR) housing is growing in popularity among investors who see a great potential in this asset class. Institutional investors are long-term owners committed to quality living and customer support, providing tenant services such as security, repair and maintenance at a high standard.

“We are therefore confident that Woodland Rise will not only deliver much needed accessible housing for local families, but also attractive opportunities for investors that seek to capitalise on the trend for growing suburban living.”