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Augean was formed in September 2004 and listed on the Alternative Investment Market (AIM). The Group strategy is to build and grow a specialist company competent to deliver extremely high standards of service to our clients underpinned by modern technology led infrastructure and to become the market leader in delivering solutions to difficult to handle waste streams from industrial society.
The Group strategy is underpinned by European Directives transposed into UK regulations:
The Directives focus on recognising waste as a resource, that the UK infrastructure for handling waste needs to be modernised and that difficult and hazardous wastes need specialist facilities and technologies to manage them more responsibly.
The board delivers shareholder value by focusing on the management of specialist wastes, usually of a hazardous nature and often in niche markets, using proven technology, trained and highly skilled staff utilising internationally recognised management systems.
What's in a name?
Augean - "A Herculean task"
"The name Augean was born out of Greek mythology, inspired by the fifth labour of Hercules. Legend has it that King Augeas owned more cattle than anyone in Greece and every night the cowherds, goatherds and shepherds drove the thousands of animals to his stables.
They had never been cleaned for over 30 years yet Hercules’ seemingly impossible task was to clean the stables in only one day. To the annoyance of the King, Hercules chose to complete the task by thinking differently and diverting two great rivers, Alpheus and Peneus, into the stables to wash them out."