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Article archive

EP Committee votes in favour of banning

addition single-use plastic products

(EU) – The Environment Committee of the European Parliament voted last week with a large majority to strengthen certain provisions of the proposed EU Directive on single-use plastics. The Committee adopted its report with 51 votes in... more

Recycling and waste management associations

welcome vote on single-use plastics Directive

(EU) – Waste management and recycling industry associations have welcomed last week’s vote on the proposed EU Directive to reduce the environmental impact of certain single-use plastic products in the European Parliament’s... more

Saubermacher opens fridge

and freezer recycling plant

(CZ, A) – The Austrian waste management group Saubermacher opened a new facility to recycle refrigeration appliances in the Czech Republic in late September. Located in the central Czech town of Havlíckuv Brod, the plant is to... more

Schnitzer Steel expects

earnings bump in fourth quarter

(USA) – The Oregon-based US metals recycler and steel manufacturer Schnitzer Steel Industries expects to report operating income from its auto and metals recycling (AMR) business of between $32m and €34m (€28-29m; $1=€0.86)... more

S Norton boosts pre-tax

profit by 7 per cent for 2017

(UK) – The British scrap metal company S Norton boosted turnover and operating profits by a third in the 2017, according to its annual accounts which were filed with Companies House at the end of September. The recycler’s turnover... more

No earn-out payment for

Scholz bondholders for 2017

(D) – Holders of the Scholz bond, who had to forfeit over 90 per cent of their invested capital when the German steel scrap recycler ran into financial difficulties in 2016, will not get any additional payments. It had been agreed that an... more

Creditors give Recylex financial leeway

to solve problems with new furnace

(D, F) – The Franco-German non-ferrous metals company Recylex now has some financial breathing room to deal with the difficulties associated with the start-up of a new reduction furnace at its subsidiary Weser Metall GmbH in Nordenham,... more

Befesa enters Chinese market for EAF dust recycling

(WW) – The German-Spanish industrial recycling group Befesa is expanding its steel dust recycling business to the Chinese market. The company announced in late September it had signed an agreement with Jiangsu Changzhou Economic Zone,... more

Steinmüller Babcock updating

an EfW facility in Sweden

(D, S) – Steinmüller Babcock Environment has won a contract to modernise a line at the Södertälje energy from waste (EfW) plant in Sweden. The German engineering company announced in late September that it had landed this... more

China and Brexit impacts and plastic bans

discussed at BIR Convention in London

(EU) – The recovered paper session at the Bureau of International Recycling’s recent convention in London focused on uncertainty about the future of Chinese imports and trade relations after Brexit. In a lively and wide-ranging... more

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