EUWID - Recycling and Waste Management

The Swedish government, which took over the EU presidency on 1 July, is looking to bring about the member states' political agreement on the revision of the EU Directive on Waste Electrical and Electronic Equipment (WEEE) before the end of its six-month term.

Belgian-based waste management company Indaver reports substantial year-on-year increases in both operating revenues and net profit for last year. According to the company's recently released annual report for 2008, annual revenues of €301m were up nearly 34 per cent compared with the year before. Net profit rose from €17.2m in 2007 to reach €25.7m last year, a jump of just under 50 per cent.

Suez Environnement has been selected as the preferred bidder for a waste treatment contract on Guernsey, the French environmental services and waste management concern announced on Thursday. As part of the project for the Public Services Department of Guernsey Island, valued at GBP194m (ca. €227m), the company is to design and build a waste treatment centre for household and commercial waste, which it will then operate for 25 years.

Following a short-lived recovery in May, steel scrap prices on the German market reverted in June to April levels. Ten shiploads purchased by Turkish buyers did not provide any relief according to market sources, nor could scrap exported in containers to India or Indonesia. Even domestic foundries are now hardly

The German e-scrap recycling company Alba R-plus GmbH has sold its 50 per cent holding in the French WEEE specialist Valdelec S.A.S. According to a spokesperson for parent group Alba, Valdelec is now fully owned by the French recycling and waste management group Paprec, which had acquired its initial 50 per cent stake in the company in July 2006.