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Text no.: 001 Issue RW21/2018 Publication date: 17.10.2018
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 
Text no.: 002 Issue RW21/2018 Publication date: 17.10.2018
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
Text no.: 003 Issue RW21/2018 Publication date: 17.10.2018
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
Text no.: 004 Issue RW21/2018 Publication date: 17.10.2018
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
Text no.: 005 Issue RW21/2018 Publication date: 17.10.2018
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
Text no.: 006 Issue RW21/2018 Publication date: 17.10.2018
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
Text no.: 007 Issue RW21/2018 Publication date: 17.10.2018
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
Text no.: 008 Issue RW21/2018 Publication date: 17.10.2018
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
Text no.: 009 Issue RW21/2018 Publication date: 17.10.2018
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
Text no.: 010 Issue RW21/2018 Publication date: 17.10.2018
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
