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Article archive

German waste group Remondis expects

significantly higher annual profit for 2018

(D) – Remondis, Germany’s largest waste management company, expects a significant increase in consolidated net profit in the recently completed 2018 business year, according to the 2017 financial statements of its parent company... more

People

French environmental services concern Suez will see a change at its helm this year. Bertrand Camus is to succeed Jean-Louis Chaussade as CEO on 14 May. His appointment by the board of director was unanimous,... more

French recycling group Derichebourg closes

out 2017/18 business year with lower earnings

(F) – The French recycling and services group Derichebourg reported increased revenue in its fiscal year ended 30 September 2018, but earnings failed to reach the prior-year level. The company posted a net profit after minority interests... more

Aurubis strives to generate more external

growth through multi-metal recycling

(D) – The German primary and secondary copper producer Aurubis wants to grow further by pursuing external growth opportunities in addition to the internal growth project FCM ("future complex metallurgy") it announced last year.... more

FEAD warns that Norwegian proposal might

have negative effects on plastic recycling

(N, EU) – A proposal by Norway that would see cross-border shipments of mixed and hazardous plastic waste become subject to the prior informed consent procedure will raise the administrative burden and costs of shipping plastic... more

Sabic plans chemical recycling

plant for mixed plastics

(EU) – The Saudi Arabian chemical company Sabic and the British firm Plastic Energy want to build a plant in the Netherlands to chemically recycle lower-quality mixed plastic waste. According to Sabic, the plant is to begin commercial... more

Suez wants to sort and recycle

mixed plastics in Ölbronn

(D) – The environmental services group Suez plans to start up operations at its new sorting plant for lightweight packaging in Ölbronn in southwest Germany in the coming weeks. The cold start will likely take place in February,... more

Marguerite Fund takes stake

in Belgrade wte project

(EU) – The European infrastructure fund Marguerite has acquired a 20 per cent share in Beo Cista Energija (BCE), a project company that will construct and operate a waste-to-energy (wte) plant and other waste management facilities in the... more

Mitsubishi buys holding

in ELG Carbon Fibre Ltd

(WW) – Japan’s Mitsubishi Corporation has entered into an agreement to acquire a 25 per cent share in ELG Carbon Fibre Ltd (ECF) from ELG Carbon Fibre International GmbH, which is part of Germany’s ELG Haniel group. ECF... more

German waste plastics show

little in the way of change

(D) – Germany’s waste plastics market was pretty much at a standstill in December 2018. Good-quality, absolutely clean material was the only type sought-after for export. Sales of lower-quality grades such as mixed commercial film... more

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