Monday, 06 September 2010

Studsvik boss leaves after cash audit

THE BOSS of the £6 million Studsvik recycling plant at Lillyhall has left the company.

Studsvik lyons

It was announced that Studsvik UK president Mark Lyons, right, was leaving after an audit with “immediate effect”.

A statement said that an internal audit found income from projects, mostly in 2008, to be overstated by about £1m.illion, primarily attributable to 2008. The amount will impact results for the second quarter.”

Mr Lyons has been succeeded by Sam Usher.

The statement added: “The changeover of presidents is taking place after continued lossesin project operations.”

Mr Lyons, from Northumberland, worked for Studsvik since the Swedish firm bought his company in 2005.

Mr Usher was previously vice president of business development in Studsvik UK.

The Joseph Noble Road facility was opened officially by Phil Davies, head of waste and nuclear materials at the Nuclear Decommissioning Authority, on May 6.

The Metal Recycling Facility (MRF) decontaminates scrap metal from the nuclear industry for further use in industry.It was the first plant of its kind to open in the UK and the first new nuclear site licence to be granted in two decades.The facility is expected to begin work next month, when the Nuclear Installation Inspectorate (NII) will be requested to give final consent for the receipt of contaminated metals onto the site.

The plant, which created up to 30 jobs, was first granted a Nuclear Site Licence by the UK Health & Safety Executive in 2008.

The Lillyhall facility was given the RoSPA occupational health and safety award for the engineering construction industry sector in 2009.

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