- Waste-to-products business Renewi said first-half trading had been in line with its expectations.

In a trading update for the six months through September, the company said its commercial division has continued to benefit from price increases and synergies.

Those had offset cost inflation, lower paper prices and a modest slowdown in volumes.

The hazardous waste division had made good progress both in testing soil stocks and in scaling-up a new process to manufacture building materials from soil.

'The board's expectations for the year ending 31 March 2020 remain unchanged with an ongoing focus on cash and driving leverage down over time,' Renewi said.

'All of our divisions are on track and we are increasingly confident that we will be able to increase production at ATM during 2020.'

At 9:46am: [LON:RWI] Renewi Plc share price was +1.18p at 31.38p

Story provided by