A COMPANY behind controversial plans to build a waste treatment plant on an industrial estate near Caldicot have gone into administration, it has been revealed.

DPS Process Solutions Ltd, based in Portishead, Bristol, went into administration last month, according to government agency Companies House, with an administrator appointed on Tuesday.

Ted Tipper, leader of campaign group Severnside Together Opposing Pollution (STOP), revealed the news at a full meeting of Caldicot Town Council on Wednesday March 28.

Mr Tipper told the meeting: “Last Monday the company was up in Manchester High Court for a winding up order.”

The company went into administration on Frida March 16, he added.

Mr Tipper said he understands that Monmouthshire County Council would not take the financial situation of a company into consideration when deciding upon applications.

Speaking after the meeting, he said: “I think they are confident they are going to get out of this but the whole thing has been going on for nine months and there is still a lack of information.”

DPS has submitted plans to build two 15.5 metre-high stainless steel chimneys at Severn Bridge Industrial Estate in Portskewett which would treat up to 20,000 tonnes of material per year.

Since the application was submitted, hundreds have lodged objections to the plans including submissions from MPs Jessica Morden and David Davies.

An online petition has also been launched against the plans, so far attracting some 244 signatures.

Many have voiced concerns over the site generating air pollution.

DPS Process Solutions has stressed that the plant would not be an “incinerator”.

It would involve a thermal treatment process which does not involve incineration, they say.

Matthew Richards and Alistair Wardell of Grant Thornton UK LLP were appointed as joint administrators on 16 March 2018.

A spokesman for Grant Thornton, the administrators acting on behalf of DPS, said: “The business is continuing to trade and interested parties should contact the administrators.”