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Article archive

Veolia plans to generate €1bn in annual

revenues through plastics recycling by 2025

(F) – The French environmental services concern Veolia wants to quintuple its turnover from waste plastic recycling. It plans to increase plastics processing revenues – excluding collection and sorting – from €200m in... more

ACE to collect paper cups with

drinks cartons under new deal

(UK) – Numerous organisations in the British paper supply cup chain have entered an agreement with beverage carton trade body Alliance for Beverage Cartons and the Environment UK (ACE) to boost the recycling of PE-lined paper cups, ACE... more

Irish One51 reports receiving

preliminary purchase offer

(IRE) – The Irish company One Fifty One plc, active in the rigid plastics market, reports that it has been approached by CapVest Partners LLP regarding a potential purchase of its shares at a price of €2.50 per share. One51 cautioned... more

PandaGreen acquires

WSR Recycling

(UK, IRE) – The Irish waste management company PandaGreen has purchased British WSR Recycling for an undisclosed sum. This is PandaGreen’s second acquisition in the UK in a year, after having taken over the insolvent company New... more

European Metal Recycling posts statutory loss

in the hundreds of millions of pounds for 2016

(UK) – European Metal Recycling Ltd. (EMR) has posted a statutory loss of £155m (ca. €174m) for the 2016 calendar year, but that figure reflects nearly -£200m in extraordinary items after tax. On an underlying basis, the... more

Call for EU to approve food-

contact recycling processes

(EU) – Four European plastics industry associations have called on the European commission to give the industry regulatory certainty by officially authorising recycling processes for plastics with food contact. In the absence of an EU... more

Suez and Itochu awarded contract for

waste-to-energy facility in Belgrade

(SRB) – The city of Belgrade has awarded a long-term waste-to-energy contract to a consortium consisting of the French environmental services group Suez and the Japanese general trade company Itochu. Suez said that the project is the... more

PET recycler Poly Recycling sold to Resilux

(CH) – The Swiss PET recycler Poly Recycling was sold on 1 October to the Resilux, a manufacturer of PET preforms and bottles and Switzerland’s largest purchaser of recycled PET. The packaging manufacturer is taking over Poly... more

Safety concerns halt building

at three B&W projects in UK

(DK) – There’s more trouble for US plant engineering company Babcock & Wilcox (B&W). After last year’s piping design problem at a European waste to energy project set off a chain reaction of construction delays and... more

Germany exceeds more ambitious

EU scrap vehicle targets again in 2015

(D) – The recovery rate for end-of-life vehicles (ELV) remains high in Germany. The country reported a total recovery rate of 95.8 per cent for 2015. The rate had been as high as 101.4 per cent in 2014 due after-effects from... more

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