19/03/2014
Gas Network Extension To Generate £200m
An extension of the gas network to the western parts of Northern Ireland by the Aventas Group could provide up to 40,000 new customer connections and has the potential to generate an additional £200m of economic benefits, according to Enterprise Minister Arlene Foster.
"It will benefit local businesses as it will allow them to avail of the lower costs, convenience, and efficiency which natural gas provides," she said.
"The availability of natural gas will also help to lower manufacturing and production costs for businesses, such as the Aventas Group, thus improving their competitiveness."
The Minister made the comments following a meeting with Paul O’Brien, CEO of the Aventas Group (formally Quinn Manufacturing Group) to discuss the company’s contribution to the economic growth in the Fermanagh area.
"Going forward, my Department and Invest Northern Ireland will continue to work with the Aventas Group, to help develop the company’s operations, whilst continuing to support efforts to grow the business," Minister Foster said.
She also commented on the recent attacks on Aventas Group's offices, which were formally known as the Quinn Group. "By far, the greatest threat to retaining jobs in the Fermanagh area is the use of violence to intimidate local businesses. "Such attacks are absolutely shameful, will not be tolerated and they must end."
Paul O’Brien, CEO Aventas Group said: "I was delighted to welcome Minister Arlene Foster to Aventas Group and to update her on initiatives taken by the Group to retain jobs in the Derrylin area including recent capital investments in local plants and the success we have achieved in opening new export markets.
"The Minister’s support in having the gas line extended to Derrylin is especially encouraging as this will be a very big factor in helping us to keep our Glass products competitive in the British market.
"I welcome too the Minister’s support in calling for the continuing sabotage attacks to stop; they are the greatest single threat to jobs in the locality and to inward investment in border regions."
(IT/MH)
"It will benefit local businesses as it will allow them to avail of the lower costs, convenience, and efficiency which natural gas provides," she said.
"The availability of natural gas will also help to lower manufacturing and production costs for businesses, such as the Aventas Group, thus improving their competitiveness."
The Minister made the comments following a meeting with Paul O’Brien, CEO of the Aventas Group (formally Quinn Manufacturing Group) to discuss the company’s contribution to the economic growth in the Fermanagh area.
"Going forward, my Department and Invest Northern Ireland will continue to work with the Aventas Group, to help develop the company’s operations, whilst continuing to support efforts to grow the business," Minister Foster said.
She also commented on the recent attacks on Aventas Group's offices, which were formally known as the Quinn Group. "By far, the greatest threat to retaining jobs in the Fermanagh area is the use of violence to intimidate local businesses. "Such attacks are absolutely shameful, will not be tolerated and they must end."
Paul O’Brien, CEO Aventas Group said: "I was delighted to welcome Minister Arlene Foster to Aventas Group and to update her on initiatives taken by the Group to retain jobs in the Derrylin area including recent capital investments in local plants and the success we have achieved in opening new export markets.
"The Minister’s support in having the gas line extended to Derrylin is especially encouraging as this will be a very big factor in helping us to keep our Glass products competitive in the British market.
"I welcome too the Minister’s support in calling for the continuing sabotage attacks to stop; they are the greatest single threat to jobs in the locality and to inward investment in border regions."
(IT/MH)
Related Northern Ireland News Stories
Click here for the latest headlines.
18 October 2012
Gas Storage To Be Built Under Lough
A £440m gas storage facility is to be built a mile underneath Larne Lough. The development will enable 500m cubic metres of natural gas to be stored in caverns underneath the lough. The new bank will be able to hold enough gas to provide energy for Northern Ireland for sixty days.
Gas Storage To Be Built Under Lough
A £440m gas storage facility is to be built a mile underneath Larne Lough. The development will enable 500m cubic metres of natural gas to be stored in caverns underneath the lough. The new bank will be able to hold enough gas to provide energy for Northern Ireland for sixty days.
28 June 2024
Remarkable Marketing Award Winners Revealed At Industry Event
The inaugural Remarkable Marketing Awards recognised 20 experts across the industry recently at a glittering awards ceremony at the Europa Hotel. Sponsored by Card Group Research, the awards were created by the team behind the hugely popular annual Big Marketing Meet Up conference.
Remarkable Marketing Award Winners Revealed At Industry Event
The inaugural Remarkable Marketing Awards recognised 20 experts across the industry recently at a glittering awards ceremony at the Europa Hotel. Sponsored by Card Group Research, the awards were created by the team behind the hugely popular annual Big Marketing Meet Up conference.
03 June 2024
Remarkable Marketing Award Winners Recognised At Industry Event
The inaugural Remarkable Marketing Awards has recognise 20 experts across the industry at a glittering awards ceremony at the Europa Hotel. The awards, sponsored by Card Group Research were created by the team behind the hugely popular annual Big Marketing Meet Up conference, and were held on Friday 31st May at the Europa Hotel in Belfast.
Remarkable Marketing Award Winners Recognised At Industry Event
The inaugural Remarkable Marketing Awards has recognise 20 experts across the industry at a glittering awards ceremony at the Europa Hotel. The awards, sponsored by Card Group Research were created by the team behind the hugely popular annual Big Marketing Meet Up conference, and were held on Friday 31st May at the Europa Hotel in Belfast.
28 November 2016
RMS To Create Over 300 New Jobs
RMS Group Services has announced it is to create over 300 jobs over the next five years following a £1.25million investment from the Growth Loan Fund. One hundred of the new jobs will be located in Belfast with the remainder based across its Slough and Dublin operations.
RMS To Create Over 300 New Jobs
RMS Group Services has announced it is to create over 300 jobs over the next five years following a £1.25million investment from the Growth Loan Fund. One hundred of the new jobs will be located in Belfast with the remainder based across its Slough and Dublin operations.
22 May 2015
Translink Appoints New Group Chief Executive
Translink has appointed Chris Conway as its new Group Chief Executive. The Chairman of the Board of Northern Ireland Transport Holding Company, John Trethowan, made the announcement. Mr Trethowan said: "We are delighted with this appointment which follows a recruitment competition that attracted significant interest and a very high calibre field.
Translink Appoints New Group Chief Executive
Translink has appointed Chris Conway as its new Group Chief Executive. The Chairman of the Board of Northern Ireland Transport Holding Company, John Trethowan, made the announcement. Mr Trethowan said: "We are delighted with this appointment which follows a recruitment competition that attracted significant interest and a very high calibre field.