Business

Augean to sell for £390m after auction

23.09.2021 − British waste management company Augean is to be acquired by Eleia following an auction procedure held yesterday. Eleia, the special-purpose vehicle formed fund managers Ancala Partners and Fiera Infrastructure,...» more

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EU recovered paper exports fall to lowest level since 2003

17.09.2021 − The downward trend in European Union exports of recovered paper continues unbroken. In the first half of this year, shipments from member states to third countries hit their lowest level in 18 years. » more

Morgan Stanley submits new offer for UK's Augean plc

10.09.2021 − Morgan Stanley Infrastructure Partners (MSIP) has improved its offer for Augean plc, submitting what is currently the highest bid for the British hazardous waste specialist. » more

Geminor: Shortage of UK lorry drivers complicates RDF exports to the Continent

06.09.2021 − Britain's dramatic shortage of heavy goods vehicle (HGV) drivers will be felt well beyond the UK in the near term, according to Ralf Schöpwinkel, COO of the Norwegian raw materials and waste trader Geminor. » more

Sweden expands recycling plant for plastic packaging waste

02.09.2021 − The Swedish organisation Svensk Plaståtervinning (Swedish Plastic Recycling) is investing in the expansion of its sorting plant for plastic packaging waste in Motala. » more

EBRD buys stake in Turkish landfill gas to energy company

26.08.2021 − The European Bank for Reconstruction and Development (EBRD) will acquire a minority holding in the Turkish company Biotrend Çevre ve Enerji Yatırımları AS. » more

Sims reports "strong results"

19.08.2021 − Metals recycling group Sims Limited has returned to profitability. Higher volumes and margins enabled the company to report "a strong set of operational and financial results for the year ended 30 June 2021".» more

Market rumours of possible sale of EEW

12.08.2021 − Is Chinese conglomerate BEHL planning to sell EEW, Germany’s largest operator of waste to energy plants? Financial news service Bloomberg reported on 11 August, citing people “with knowledge of the matter,” that BEHL...» more

Strong recovery reported by both Veolia and Suez

29.07.2021 − French environmental services provider Veolia posted "record results" in the first half of the year, its CEO Antoine Frérot said on Thursday morning. » more

Chiho Environmental forecasts jump in first-half revenue and earnings

28.07.2021 − The Chiho Environmental Group has seen a marked improvement in its financial performance in the first half of 2021. » more

Explosion at German hazardous waste treatment plant leaves one dead, 4 unaccounted for

27.07.2021 − One employee was killed and 31 injured in an explosion and subsequent fire at a hazardous waste incinerator in the German city of Leverkusen. » more

Prezero buys Ferrovial's waste activities in Spain and Portugal

27.07.2021 − Prezero continues to expand through acquisition. The waste management subsidiary of Germany's Schwarz Group has reached an agreement with Ferrovial to purchase its environmental services operations in Spain and...» more

Germany's historic floods followed by torrent of bulky waste

21.07.2021 − As residents of German towns hit by last week's record floods dig out their homes and businesses, the region's waste management companies are struggling to contend with a surge of bulky waste.» more

CCS for Energy from Waste: "We need to use every tool in the toolbox"

14.07.2021 − The waste incineration plant at Klemetsrud in Oslo could be the first in the world to achieve negative CO2 emissions. Fortum Oslo Varme's CCS director Jannicke Gerner Bjerkås spoke with EUWID about the project.» more

Top ten environmental services groups: Veolia by far the market leader

14.07.2021 − A review of the annual revenue figures of the industry’s major players reveals that Veolia's takoever of large parts of Suez, now expected to close late this year, will only widen the gap between Veolia and its next...» more

Lego presents prototype of recycled PET brick

03.07.2021 − Danish toy company Lego has presented its first prototype Lego brick made of recycled plastic. “The new prototype, which uses PET plastic from discarded bottles, is the first brick made from a recycled material to meet...» more

PS foam recycling plant officially opened

17.06.2021 − The Polystyreneloop cooperative has officially opened its recycling plant for waste insulation foam in Terneuzen, the Netherlands, on 16 June. » more

Steel dust recycler Befesa plans major acquisition on US market

17.06.2021 − Befesa is seeking to become a global market leaders in steel dust recycling. The Spanish-German industrial waste management company announced yesterday that it is acquiring 100 per cent of American Zinc Recycling (AZR)...» more

Prezero's Zwolle sorting plant severely damaged in fire

16.06.2021 − A blaze at Prezero Recycling Nederland's new sorting plant for household packaging waste in Zwolle has caused damage expected to run into the millions. The reasons for the fire, which broke out early this morning, are...» more

Sims upgrades earnings forecast for 2020/21

16.06.2021 − Metals recycler Sims Ltd has increased its full-year earnings forecast due to "excellent third quarter results" and high expectations for the fourth quarter, due in part to soaring scrap metal prices. » more

Platinum Equity strikes deal for Urbaser with China Tianying

07.06.2021 − Spanish waste management and environmental services provider Urbaser will be changing hands. The US-based firm Platinum Equity announced on Sunday that it had entered into a definitive purchase agreement with Urbaser's...» more

Macquarie fund to buy Beauparc Utilities

02.06.2021 − Macquarie Asset Management is to acquire Dublin-based Beauparc Utilities, the parent company of the Irish waste firms Panda and Greenstar and numerous other subsidiaries active in waste management and environmental...» more

Derichebourg reports strong first-half growth

25.05.2021 − The French recycling and services group Derichebourg says it delivered "exceptional performance” in the first half of its current business year. » more

Viridor aims for zero CO2 emissions by 2040

21.05.2021 − British waste company Viridor has committed to achieving net zero CO2 emissions across all its operations by 2040 and aims to become a net negative emission business by 2045.» more

Veolia and Suez sign combination deal

14.05.2021 − Veolia and Suez have entered a combination agreement, confirming the terms of the preliminary deal the two environmental services giants struck in April. That agreement in principle has now been formalised.» more

Remondis firms up offer for stake in "new Suez"

10.05.2021 − Remondis, Germany's largest waste management company, has made a formal offer for a minority stake in "new Suez". According to Remondis, it was made in a letter to Suez board chairman Philippe Varin and CEO Bertrand...» more

ELG to be taken over by stainless steel producer Aperam

07.05.2021 − Stainless steel recycler ELG is to be sold by its parent group Franz Haniel & Cie to the steel producer Aperam. » more

German packaging waste stranded in Turkey raises legal questions

06.05.2021 − Consignments of plastic waste from the German packaging waste recovery system now in Turkey have been the topic of much conversation and conjecture in recent days. Thousands of tonnes of sorted fractions may have to be...» more

Veolia expects "a very good year"

05.05.2021 − The French environmental services group Veolia is "off to a flying start in 2021", according to its CEO Antoine Frérot. » more

Suez reports strong first quarter for waste activities

29.04.2021 − Higher prices for secondary raw materials and treatment services significantly boosted Suez's waste management revenues in the first quarter of 2021. » more