Business

Sims Metal Management posts loss following goodwill charges

17.02.2012 − The international scrap recycling group Sims Metal Management closed the first half of its 2011/12 financial year with a three-digit net loss caused by goodwill impairment charges of» more

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Scrap recycler Scholz AG raises €150m through bond issue

16.02.2012 − The German scrap recycling group Scholz AG was able to place 100 per cent of its €150m bond offering on 15 February, the first day of the subscription period, the company reported on Wednesday.» more

Jump in first-quarter sales and earnings for Aurubis

14.02.2012 − The German primary and secondary copper producer Aurubis recorded significant growth in turnover and earnings in the first quarter of its 2011/12 financial year which started on 1 October. According» more

Derichebourg posts lower turnover

13.02.2012 − French group Derichebourg reported lower sales for its scrap recycling and environmental services operations in the first quarter of its current financial year last Thursday. The division’s turnover» more

Valpak to be bought out by management and DSD owner Greenpoint

30.01.2012 − The members of the British packaging, battery and WEEE compliance scheme Valpak have approved the buy-out proposal tabled by its management. 91 per cent of its members voted on 26 January in favour» more

Waste incineration exceeded landfill in Germany

25.01.2012 − A total of 41.7 million tonnes of waste was incinerated in thermal waste treatment plants and combustion plants in Germany in 2010. The amount of waste which was incinerated thus exceeded the amount» more

Sims Metal acquires stake in Chihi-Tiande Group

19.01.2012 − The global recycling company Sims Metal Management (SimsMM) has acquired a 20 per cent stake in the Hong Kong-based Chiho-Tiande Group (CTG). SimsMM paid a consideration of $170 million for the holding» more

SCA to sell its packaging business to DS Smith

17.01.2012 − Swedish paper group SCA is to sell its packaging operations to DS Smith for a total consideration of €1700 million on a debt-free basis. The transaction, which SCA hopes will enable growth in the hygiene paper » more

Greenpoint to acquire stake in Valpak

10.01.2012 − The British compliance scheme and packaging recovery organisation Valpak has put forward a restructuring proposal. According to the proposal, Valpak's management team will own 70 per cent of the business while » more

Imtech wins contract for Polish waste processing plant

10.01.2012 − Dutch engineering company Imtech N.V. has secured a €77 million order for supplying the technology for a waste processing plant near Warsaw, Poland. Imtech was commissioned by Finalsa S.A. at the end of 2011, » more

Happy Holidays from EUWID Recycling & Waste Management

23.12.2011 − As 2011 draws to a close, we would like to extend our thanks to all of our readers for trusting us to be their news source for the recycling and waste management industries. The coming year promises to be event» more

MVV receives planning permission for wte plant in UK

23.12.2011 − The German energy company MVV Energie AG was granted the planning commission for a waste-to-energy (wte) plant by the British port city Plymouth's city council on Thursday, the company reported. » more

Ifat Entsorga 2012 trade fair fully booked

14.12.2011 − Five months before its opening day, the Ifat Entsorga environmental technology trade fair is already fully booked. Its organiser Messe München reported on Tuesday that waiting lists have been started in almost » more

Derichebourg boosts turnover and profits

08.12.2011 − The French scrap recycling and services group Derichebourg completed the financial year 2010/11 with double-digit growth in its turnover and profits. The company's consolidated sales improved to €3.7bn, an » more

Stena launches new refrigerator recycling plant in Germany

02.12.2011 − Swedish recycling concern Stena Metall inaugurated a new recycling facility for old refrigerators in Lauingen (Donau), Germany. Built with an investment of around €4 million, the new plant can process 350,000 t» more

Shanks launches new recycling facility in the UK

01.12.2011 − British firm Shanks Waste Management has started the commissioning process of its new materials recycling facility in Kettering, UK. The £7 million plant set to become fully operational in early 2012 will» more

Viridor boosts revenues in first six months of 2011/12

25.11.2011 − British waste management firm Viridor increased its revenues by 9.9 per cent to £399.2m in the first half of the financial year 2011/12, the company announced on Thursday» more

Ecore acquires scrap recycler Recylux

23.11.2011 − The Dutch recycling group Ecore is expanding its activities with the take-over of the Luxembourg-based ferrous and non-ferrous scrap recycler Recylux which will be integrated into Ecore group, the company» more

Novelis inaugurates new recycling facility in Germany

22.11.2011 − American aluminium producer Novelis is expanding its recycling activities in Germany. The company commissioned a new €14 million recycling plant at the headquarters of its German subsidiary Aluminium Norf GmbH » more

Derichebourg records double-digit growth in revenues

11.11.2011 − The scrap recycling and environmental services division of French group Derichebourg significantly increased its annual revenues. According to the preliminary figures announced by Derichebourg on Thursday, the » more

Interseroh raises sales despite difficult economic environment

10.11.2011 − German scrap recycling and waste management group Interseroh SE views its business activities as successful during the ongoing financial year despite the difficult market conditions, the Alba Group subsidiary » more

Horsehead Corporation raises sales in first nine months

08.11.2011 − US zinc recycler and producer Horsehead Corporation increased its net sales by around 22.6 per cent from $286m to $350.8m in the first nine months of the current financial year, the company reported. Earnings » more

German cement industry raises waste-derived fuel use

07.11.2011 − The cement industry in Germany has continued to increase its use of waste-derived fuels as an energy source last year. According to figures published by the industry association VDZ» more

Shanks records double-digit growth

04.11.2011 − The British waste management firm Shanks Group plc significantly raised its revenues and profits in the first half of the financial year 2011/12. "Overall we achieved strong growth in the UK and Canada and » more

Ecore group expands presence in France

03.11.2011 − Dutch Ecore group moves into a new region in France through the acquisition of scrap metals recycler Metalifer based in Strasbourg. Announcing the take-over on Wednesday, Ecore described» more

Suez Environnement's Waste Europe division raises revenues by 10 per cent

28.10.2011 − The European waste management activities of French company Suez Environnment generated revenues of €4.809bn in the first nine months of the year 2011. The 10 per cent year-on-year growth in the division's » more

EU Commission issues second warning to Finland

27.10.2011 − Because of the delayed transposition of the revised Waste Framework Directive (WFD), the EU Commission will launch the second stage of infringement proceedings against Finland. The EU body announced on Thursday» more

Franco-German cooperation in municipal waste management

26.10.2011 − The waste management body of the German federal state Saarland and the French organisation Sydeme have signed a cooperation agreement on Monday. The two organisations reported that Sydeme, which» more

US Recycler Schnitzer Steel records strong growth

21.10.2011 − Schnitzer Steel Industries increased its revenues by 50 per cent and almost doubled its net income in the financial year 2010/11 ended 31 August, the American scrap processor and steel products manufacturer» more

Toyota signs battery recycling agreement with SNAM

19.10.2011 − Toyota Motor Europe has entered into a battery recycling agreement with the French company Société Nouvelle d’Affinage des Métaux (SNAM). The three-year framework agreement (2011-2014) will enable Europe-wide » more