British company Viridor Waste Management Limited has taken over Reconomy Recycling Solutions Ltd. for £23.8m (€28.9m) on a debt-free basis. The new acquisition, which was divested by the Reconomy group, focuses on recycling and waste management services for the commercial and industrial sectors. Announcing the transaction
...moreThe EU member states are to use the amount of waste electrical and electronic equipment (WEEE) which is generated as basis for calculating their collection rate. From 2016, they will have to achieve a quota of at least 85 per cent of arisings, according to an amendment to the EU Commission’s proposal for recasting the WEEE
...moreAlthough Turkish buyers re-entered the market last week, it was the absence of foreign demand over a prolonged period that made its mark on ferrous scrap prices in Germany in June. Compared with the prior month, prices for old scrap decreased by €50 and prices for new scrap sank €35 per tonne. As grade HMS 1/2 had now
...moreSpanish recycling and waste management group Befesa has completed the financing to construct and operate a new plant producing sulphuric acid and oleum from sulphur waste in the port of Bilbao. The company reported on Monday that it expects the facility, which will require an overall investment of €70m, to be operational
...moreThe EU Commission has published a study on Thursday which classifies 14 mineral and metallic raw materials as critical for the European Union; at the same time, European industry’s future access to these materials is problematic due to rising demand and the small
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