Contact:

Sara Conte
Greenstar North America
Office: (713) 550-5589
Sara.Conte@greenstar-na.com

Greenstar Rebrands Texas Operations; Signs Deal to Build Largest Recycling Facility in Texas Company Implements New Technologies Across the State Leading to Dramatic Rise in Recycling Rates

 HOUSTON, (August 12, 2008) - Houston-based Greenstar North America, the country's largest private processor of recyclables and the largest municipal recycler in Texas, announced today that it has rebranded all Vista Fibers operations across Texas. Greenstar acquired Dallas-based Vista Fibers and Mid America, Vista Fibers' previous parent company, in October 2007. Through this partnership, Greenstar now holds significant recycling operations in Dallas, Ft. Worth, Houston and San Antonio and employs more than 300 people across the state. In addition, Greenstar recently signed an agreement with the City of Austin to provide recycling processing services which are scheduled to begin October 2008. 

"The name switch will be largely transparent to our Texas customers," said Steve Ragiel, CEO of Greenstar North America. "Rebranding will enhance our position in the marketplace and provide us with additional resources to drive continued growth in the industry."

Greenstar has experienced a dramatic rise in recycling rates across its Texas markets, particularly in San Antonio and Dallas. The sharp increase is a direct result of both cities implementing a single stream collection system as well as converting their existing 18-gallon (San Antonio) and blue bag (Dallas) collection system to 95 gallon carts.  Single stream processing lets participants put recyclables conveniently into one bin, allowing for more efficient collection of materials and a decrease in labor. 

"The Cities of San Antonio and Dallas have helped to pioneer recycling in Texas," said John Rabon, Regional Manager - Texas, Greenstar. "The Cities' leadership, vision and dedication to implementing state-of- the-art recycling programs and technologies have enabled Greenstar to provide cost-savings programs while increasing the amount of materials collected."

Greenstar has recorded dramatic increases of materials collected. San Antonio rates have increased as high as 200 percent over the previous collection approach in some areas. Dallas has experienced a more than 300 percent increase during the past 18 months of utilizing single stream processing and 95 gallon carts. 

While Texas has not traditionally been known for its recycling programs, Greenstar sees that perception shifting in the near future. Ragiel added, "We have selected Texas to be our North American headquarters and believe that there is a significant amount of potential on the commercial and municipal side for growth in recycling. In fact, Greenstar has entered into an agreement to build one of the largest single stream recycling plants in North America here in Texas."

The new plant will be among the largest, most automated single stream facilities in North America and the largest in Texas. It will have the capacity to process 20,000 tons per month at its 180,000 square foot facility located on nine acres in San Antonio.

"Greenstar is committed to working with our city and commercial partners to invest in technology that brings recycling solutions and reduces program costs," said Rabon. "Greenstar opted to build the facility in San Antonio because it has the largest recycling program in the State and will serve as an excellent hub to collect materials from key regions across Texas." 

The facility is scheduled to open in first quarter of 2009. It will employ approximately 100 people and accept single stream materials from other recycling programs across the Central and South Texas region.  

About Greenstar North America

Greenstar is America's largest private processor of recyclables backed by one of the world's largest private recycling companies. Greenstar provides sustainable recycling solutions in the recycle processing, commodity upgrading and commodity trading sector of the solid waste market. Greenstar entered the U.S. market in 2006 and quickly established a platform for growth by partnering with some of the leading companies in the industry:  Mid America Recycling, Delta Management Group, Todd Heller Inc, Joseph Damato Paperstock and Recycle Management Company. The company handles 1.5 million tons per year of recyclables through a network of 15 processing facilities. 

For more information visit www.greenstar-na.com.

About NTR plc

NTR plc is a leading international developer and operator in sustainable waste management and renewable energy including solar, wind and biofuels. The company employs 1,600 people, has annual revenue of in excess of $500 million and a market capitalization of approximately $1.5 billion. NTR has operations in Ireland, UK and the US. For more information visit www.NTR.ie.

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