Business

Stena Metall sells German fridge recycling business to Munich investment firm

27.01.2022 − Stena Metall is selling its German fridge and freezer recycling activities to the Munich investment company Quantum Capital Partners.» more

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N+P to expand presence in the UK with backing of Mercuria

20.01.2022 − As part of its larger efforts to expand its strategic footprint in the UK, the Dutch alternative fuels specialist N+P has purchased the Crayford Material Recycling Facility (MRF) from Viridor for an undisclosed sum. » more

Eastman to invest up to $1bn in chemical recycling project in France

17.01.2022 − The chemical company Eastman is planning to invest the equivalent of around €876m in France to advance the "molecular recycling" of plastic waste. The planned facility will employ Eastman's "polyester renewal...» more

ZWE criticises delay in including waste incineration in EU ETS scope

14.01.2022 − The environmental NGO Zero Waste Europe considers the proposal to include municipal waste incineration plants from 2028 in the EU's emission trading system (ETS) a "delaying tactic".» more

Remondis to acquire selected waste assets from Veolia and Suez in Australia

11.01.2022 − Remondis is strengthening its foothold in Australia. Germany’s largest waste management group plans to buy sites in Adelaide, Perth and Sydney from Veolia and Suez. » more

Antoine Frérot to step down as Veolia CEO

11.01.2022 − The French environmental services concern Veolia announced changes to its executive management. Antoine Frérot will not pursue a further term as CEO, but will stay on as the group's president. » more

Metso Outotec finds buyer for metal recycling technology business

05.01.2022 − Finnish materials processing company Metso Outotec has agreed to sell its metal recycling business which includes the brands Lindemann and Texas Shredder to an affiliate of Swedish investment company Mimir. » more

Renewcell secures waste textiles supply for Sundsvall plant

23.12.2021 − Renewcell has entered multi-year supply contracts with three European textile sorters to ensure that it has sufficient feedstock for the textile fibre recycling plant it is building in Sundsvall, Sweden.» more

Veolia / Suez merger to undergo in-depth review in UK

21.12.2021 − The British Competition and Markets Authority (CMA) announced on Tuesday that it will conduct a "phase 2" investigation of Veolia's planned takeover of competitor Suez. The CMA has until 6 June 2022 to issue its...» more

Derichebourg finalises acquisition of scrap metal recycler Ecore

20.12.2021 − A major merger has been completed on the French ferrous and non-ferrous scrap metals recycling market. Market leader Derichebourg announced on Friday that it had finalised its takeover of competitor Ecore after having...» more

EU greenlights Veolia / Suez merger

15.12.2021 − The European Commission has approved Veolia's acquisition of fellow environmental services giant Suez. In a statement issued Tuesday evening, Competition Commissioner Margrethe Vestager said that approval had been...» more

AEB Amsterdam to be sold to competitor AVR

09.12.2021 − The City of Amsterdam has disclosed the successful bidder for its waste to energy subsidiary AEB Amsterdam. On Wednesday, it announced the conclusion of a sales agreement with Harbour B.V., a 100 per cent subsidiary of...» more

Veolia/Suez merger raises competition concerns in the UK

07.12.2021 − The British Competition and Markets Authority (CMA) has concerns that Veolia's planned full take-over of Suez will reduce competition in the waste management market and lead to higher costs, particularly for local...» more

German plastic waste intercepted en route to Vietnam

02.12.2021 − Plastic waste from Germany has been held up in the Greek port of Piraeus. According to the environmental NGO Basel Action Network (BAN), the waste, originally exported to Turkey, had been destined for Vietnam before...» more

EU assesses remedies offered by Veolia and Suez

01.12.2021 − Last week, the French environmental groups Veolia and Suez submitted a package of commitments to the EU Commission’s Directorate-General for Competition to secure approval of their proposed merger.» more

Recycling associations concerned by EU Commission's waste shipment proposal

23.11.2021 − International recycling trade organisations are reacting with concern to the EU Commission's proposal for revising the EU Waste Shipment Regulation. While embracing its underlying objectives, they warn the legislation...» more

Sims forecasts sharp rise in underlying Ebit

11.11.2021 − The Australian-American metals recycling business Sims Ltd has continued to benefit from strong margins for ferrous and non-ferrous products in the first quarter of its 2021/22 financial year. Growth was partly curbed...» more

New president for BIR Ferrous Division

09.11.2021 − TSR Recycling COO Denis Reuter has been appointed president of the BIR's Ferrous Division.» more

Suez posts significant growth in waste management revenue

05.11.2021 − French environmental services group Suez has significantly increased its revenues from its "Recycling and Recovery” division this year, helped by increased volumes and higher secondary raw material prices. » more

Veolia reports record third-quarter figures

04.11.2021 − French environmental services group Veolia says it is in a "very solid position" ahead of the planned acquisition of its competitor Suez.» more

EU Commission: K+S / Remex joint venture gives rise to competition concerns

21.10.2021 − The European Commission has found that the joint venture K+S Group and Remex plan to set up gives rise to competition concerns in the market for the disposal of hazardous fly ash.» more

Remondis to acquire RVM activities from Diebold Nixdorf

11.10.2021 − Remondis is expanding its reverse vending technology activities through a new acquisition. » more

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

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