Source One Environmental rebrands to S1E Ltd

Specialist Trenchless Technology Supplier S1E recently released the following statement about changesmade to the company:

Toward the end ofDecember 2020, in order to enact a legal restructure, the company SourceOne Environmental Ltd voluntarilywent into administration andwas re-established as a newcompany, S1E Limited. TheUS sister company had previously been restructured during 2019,without any impact on theUK operations and this newchange nowapplies solely to theUK operation.

ThisUK restructurewill not affect the operation of the company,which retains the established teamof employeeswhowill continue towork together to offer excellent customer service and build on the growth the company has already achieved. The teamwillwork throughout the current UK national lockdown,with no employee required to furlough, providing a seamless service to customers, as had been achieved through the previous

two national lockdowns.

The newlegal status has been enactedwith as little disruption to the company’s daily business as possible.

All contractswith supplying companies have been honoured and all trade creditors are being paid – in full - ensuring that S1E can continue to supply the samemarket leading brands of CIPPmaterials and equipmentwe have so far.

The voluntary administrationwas part of the required legal process to achieve the desired restructure. During this process, bids for the company were received fromother interested parties as the company is a viable and profitable concern.

The new, shortened company name and legal change has created an opportunity for a fresh rebrand as the company begins the next stage of its existence as a key supplier of outstanding trenchless technology products.

New flood risk accelerates Stormwater Management Deal

With an additional 1.2million Great British properties being placed at risk of flooding by 2050, according to Gamma Location Intelligence, REHAU announces the extension of an exclusive stormwater management dealwith Hydro International for the UK and Ireland.

Earlier this year climate scientists urged the Government to createmore natural drainage systems to copewith the impact of the climate crisis,with scientists fromthe Climate Coalition also highlighting that England has experienced amajor flood almost every year since 2007.

Modular storage systems can offer a solution, according to REHAU, a leader in the building services sector. Its technology sits behind Hydro International’s Stormbloc® Optimumgeocellular attenuation system providing SuDS (sustainable drainage systems) storage and infiltration in themost challenging of urban environments. REHAU’s innovative stormwater systems have been usedwidely across Europe formany years before being introduced to the UK in 2018.

Steve Richmond, Head ofMarketing and Technical at REHAU, said: “While efforts to tackle long-termclimate change across the globe are quite rightly coming to the fore,we also need to be puttingmeasures in place to manage the inevitable effects in the not-so-distant future. To address this effectively, technology leadersmust diversify and collaborate, and this is the ethos that sits at the heart of our partnershipwith Hydro International.”

The two companies have seen significant growth for the product since initially signing the exclusivity agreementwith Hydro International in late 2017. This successwill nowcontinue to evolvewith the teamalready launching newproducts into the stormwater range such an innovative modular C3X chamber to the range

In addition to its clear environmental benefits, the Stormbloc® Optimum stormwater systemsaves space on construction sites and lorries via its ability to collapse and stack effectively.

Andy Kane, Operations Director at Hydro International said: “At a time 62

| February 2021 |

when civil engineers and contractors are under immense pressure to do morewith less, and to do it faster, having UK stock in partnershipwith REHAU has helped us improve our lead times immensely. This solution has exceeded our customers’ expectations over recent years so it is only natural thatwe continue to offer it.”

Hydro International has over four decades of experience in delivering flow control and storage for SuDS, helping regulators,water companies, developers and contractors to deliver effective and sustainable drainage projects. To date, the company has provided solutions for projects ranging fromlarge flood alleviation schemes to stormwater drainage for residential developments.

Steve added: “We are honestly delighted to see this contract renewed. It’s been greatworkingwith such a competent and responsible partner that shares such similar environmental values,making this decision a no-brainer fromour side.”

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