KUN0025 4 GEN 0358 FRANCE /AFP -MYG8 ECO-KUWAIT-METAL-SCRAP MRC operating top shear/baler/logger technology in Kuwait KUWAIT, AUG 13 (KUNA) -- The Metal and Recycling Company (MRC) is operating, the first time in Kuwait, the Sierra T700 machine used in shearing, balling, and logging medium and heavy metal. The company's General Manager Abdullah Al-Sharhan told KUNA the new Sierra 700 shear/baler machine recycles the roughest materials. Al-Sharhan said the value of this machine lies in its ability to save time when working with the roughest material such as medium and heavy metals, with capacity of 10-20 tons per hour. The processed metal can be easily shaped and sized according to client requirements. Al-Sharhan expected the company's shares to increase by 30 percent with the operation of this new technology. He also stressed the move comes to stress the company's concern for the environment. In 1987, MRC was established under the name Kuwait Metal Collecting and Shredding Company. Since inception, MRC has been active in scrap items, machinery, and waste sorting, shredding, dismantling, repairing, and reselling operations. This is in addition to waste recycling, auction, and demolition management and industrial and handicraft areas construction and offering environment protection and development services in and outside Kuwait. MRC was listed at Kuwait Stock Exchange in 1995 and in March 2003, Public Warehousing Company (PWC) acquired 50 percent of the company's shares and assumed control of management. The company has witnessed quick growth and now covers a vast industrial area of over two million Square meters in East Amghara and Abdullah Sea Port and embraces a huge fleet of vehicles and machinery for handling, transportation and collection of different products. This comes while MRC offers items from raw metal, plastic, batteries, and oil to paper and much more. The company also worked under the umbrella of PWC, a leading warehousing and logistics services company in the Gulf and Middle East, so that it was exposed to new advanced communication systems and benefited from PWC's international network.(end) hq.hm KUNA 131426 Aug 06NNNN