Business

Waste Management to buy Advanced Disposal

17.04.2019 − The US market leader Waste Management Inc. plans to take over its competitor Advanced Disposal, the fourth waste largest firm in the United States. » more

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Competition authority moves to block
Remondis' DSD takeover

15.04.2019 − The German Federal Cartel Office is minded to prohibit Remondis' planned takeover of the Green Dot company DSD. The parties to the deal were informed today and will now have two weeks in which to respond to the draft...» more

ELG posts higher revenue and lower earnings in difficult market environment

11.04.2019 − ELG fell well short of its earnings forecast in 2018. The stainless steel recycler, which operates at 53 locations worldwide, saw sales revenues rise by 7 per cent €1.81bn due to higher average commodity prices.» more

Sims to enter EfW market with shredder residue gasification plants

10.04.2019 − The international recycling group Sims Metal Management has revealed its multi-year strategic growth plan for the period up to 2025. The company wants to further expand its existing ferrous and non-ferrous metals and...» more

Schnitzer Steel's earnings tumble

08.04.2019 − The US company Schnitzer Steel has ended the first half of its 2018/19 business year with substantially lower earnings. The operating result for the period between September and February stood at just under $60m, some...» more

WEEE recyclers call for ADR compliance

04.04.2019 − E-waste recyclers are increasingly confronted with fires caused by defective high-energy batteries, in particular lithium batteries. However, the majority of the companies is not able to offset the resulting higher...» more

FCC and CIP to build £480m wte plant near Manchester

03.04.2019 − The waste management company FCC Environment and the Danish investment company Copenhagen Infrastructure Partners (CIP) have announced plans to go ahead with a £480m (ca. €560m) waste to energy plant to be built in...» more

The Coca-Cola Company, Diageo, Nestlé and Unilever launch Africa Plastics Recycling Alliance

27.03.2019 − Four international consumer goods companies have joined forces to improve the collection and recycling of plastic waste in sub-Saharan Africa.» more

Recycling plant for e-waste opens in Dubai

25.03.2019 − Enviroserve has officially opened a recycling plant for waste electrical and electronic equipment (WEEE) in Dubai. The new plant has a treatment capacity of 39,000 tonnes of e-scrap a year and can process all kinds of...» more

CNIM achieves revenue and earnings increases in 2018

21.03.2019 − The plant engineering company CNIM saw its environment division close out the 2018 year with growth in revenues, order intake and order backlog. In the announcement of its financial figures for the year, the French...» more

Veolia and Nestlé to cooperate on plastic waste

20.03.2019 − The environmental services company Veolia and the food and beverage group Nestlé want to cooperate more closely in the collection, sorting and recycling of plastic waste. Plastic packaging is to be the focus of the...» more

Carbios: First bottles from 100% “biorecycled” PET

28.02.2019 − The French start-up Carbios has made its first PET bottles out of 100 per cent recycled plastic. The French company uses an enzyme to break down PET waste into its components – at a temperature of 60 degrees. Carbios...» more

Recyclate prices weigh on Suez's waste
management performance in Europe

27.02.2019 − Suez's European waste management operations posted revenues of €6.206bn for 2018, representing organic growth of 2.7 per cent, Suez announced at the presentation of its annual results for 2018 in Paris on Wednesday...» more

Acciona-led consortium preferred bidder for £150m Scottish wte plant

26.02.2019 − A consortium consisting of the Spanish construction concern Acciona, Indaver and Keppel Seghers has been selected to build and operate a waste to energy (wte) plant in north-eastern Scotland. The final go ahead for the...» more

"Excellent figures" for Veolia

21.02.2019 − The French environmental services concern Veolia was able to increase both revenue and profits in 2018. Its "solid and continuously profitable growth" had continued, said CEO Antoine Frérot at the presentation...» more

Sims Metal Management sees earnings slide

20.02.2019 − The past six months have been "challenging for all recyclers globally", said Alistair Field, CEO and managing director of Sims Metal Management, today at the presentation of the company's first-half earnings report.» more

EU Commission clears joint venture of Schwarz Group and NWD

19.02.2019 − The EU Commission's competition directorate-general has approved the creation of a joint venture by two German companies.» more

B&W Vølund turns over Copenhagen ski-slope wte plant

04.02.2019 − The plant technology company B&W Vølund has turned over its flagship waste to energy (wte) project in the Danish capital of Copenhagen. The Amager Bakke or Copenhill plant has drawn international attention because...» more

Prezero aims to raise revenues by half in five years

30.01.2019 − Germany’s Schwarz Group wants to raise its revenues from waste management and recycling to €750m in the next five years.» more

Remondis acquires operations from Rutgers Milieu

30.01.2019 − Germany's largest waste management company is expanding its presence in the Netherlands. Remondis purchased waste collection and treatment activities belonging to the Dutch environmental services company Rutgers Milieu...» more

Packaging associations welcome plastics alliance

24.01.2019 − Packaging industry associations from Germany and France have welcomed the foundation of the new "Alliance to End Plastic Waste" as an important step in the battle against marine plastic pollution. » more

Wolfgang Schiller named new CEO of ZenRobotics

23.01.2019 − The Finnish sorting technology specialist ZenRobotics has appointed Wolfgang Schiller as its new CEO. Mr Schiller previously worked for the Augsburg-based industrial robotics group Kuka for 13 years. He most recently...» more

Sims: underlying Ebit from UK
scrap plunges in fiscal first half

21.01.2019 − In a financial half that CEO Alistair Field described as "challenging for all recycling companies globally", Sims Metal Management reports a decrease in underlying earnings before interest and tax. Underlying Ebit was...» more

Industry pledges $1.5bn in the fight against plastic waste

16.01.2019 − International companies in the petrochemical, plastics and consumer goods industries plan to invest $1.5bn over the next five years to reduce plastic pollution. » more

Nestlé new member of "Stop Ocean Plastics" partnership

16.01.2019 − The food products multinational Nestlé has become the newest partner in the Stop Ocean Plastics (STOP) project, which aims to combat marine pollution from plastic waste, particularly in Southeast Asia. STOP was launched...» more

Reaching EU plastics target "practically impossible"
under current conditions

11.01.2019 − Raising the amount of recycled plastics that is incorporated into new products as envisioned by the EU Plastics Strategy is “practically impossible” under the current conditions.» more

Rethmann completes acquisition of Transdev stake

10.01.2019 − The Remondis parent concern Rethmann has completed a planned investment in the public transport operator Transdev.» more

Geminor delivers shipment of
Italian RDF to Scandinavia

08.01.2019 − The Norwegian refuse-derived fuel (RDF) supplier Geminor is transporting processed household waste from Italy to Scandinavia so that it can be thermally treated northern Europe. A ship carrying RDF from Italy reached a...» more

Suez names new CEO

21.12.2018 − The French environmental company Suez will see a change at its helm next year. Bertrand Camus will succeed Jean-Louis Chaussade as CEO on 14 May. This decision was taken unanimously by the board of directors yesterday,...» more

Ecroprog predicts upturn in wte plant building in
traditional markets like Germany and Denmark

13.12.2018 − More than 80 new waste incineration plants with a combined annual capacity of around 25 million tonnes went into operation worldwide in 2017, according to Ecoprog.» more