Business

Aurubis scraps complex metallurgy project

13.06.2019 − Aurubis has pulled the plug on its internal investment project "Future Complex Metallurgy". The group explained the move saying that the project would entail "significantly higher investment costs than initially...» more

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Suez announces new plastic recycling plant in Thailand

05.06.2019 − Environmental services provider Suez has announced plans to build a plastics recycling plant near Bangkok. According to Suez's Tuesday announcement, the plant is to process around 30,000 tonnes of locally collected...» more

Volume of newly awarded wte plant contracts reaches record high in 2018

05.06.2019 − Orders were placed for more new waste combustion capacity in 2018 that ever before, thanks largely to the boom on the Chinese waste-to-energy (wte) market. According to the latest edition of the wte market study...» more

Suez begins waste operations in Manchester under £1bn contract

03.06.2019 − Suez has begun delivering waste management services in Greater Manchester under new contracts announced by the group last Thursday. Valued at over £1bn (ca. €1.13bn), the contracts with the Greater Manchester Combined...» more

Renewi closes another fiscal year with a loss

23.05.2019 − The Dutch-British waste management group Renewi has slipped deeper into the red due to non-trading and exceptional items.» more

Aurubis to acquire non-ferrous recycler Metallo

23.05.2019 − German copper producer Aurubis is expanding its recycling activities. On Wednesday, the company announced plans to acquire full ownership of the Belgian-Spanish Metallo Group.» more

FEAD: New export rules hinder plastic recycling

22.05.2019 − The Federation of Waste Management and Environmental Services (FEAD) has criticised the resolutions on waste plastics adopted by the parties to the Basel Convention in Geneva earlier this month.» more

Tom Bird new president of BIR

21.05.2019 − The Bureau of International Recycling (BIR) has elected William "Tom" Bird of China's Chiho Environmental Group to be its new president.» more

Recylex still working towards financing solution

16.05.2019 − The Recylex group has yet to find a solution to the financial problems facing its German subgroup which include its lead-acid battery recycling and lead production activities. However, the company’s creditors have...» more

Suez starts up new sorting plant for packaging waste in Germany

14.05.2019 − A German subsidiary of French environmental services group Suez commissioned a new sorting plant for household packaging waste in Ölbronn in south-western Germany at the start of May. » more

EU Commission greenlights DIF Management
investment in Dublin EfW plant

09.05.2019 − The European Commission has no competition concerns regarding the investment company DIF Management's plans to acquire a stake in the company owning the waste to energy plant in Dublin. According to the EU authority,...» more

Chinese state-owned enterprise CEHL
seeking acquisition targets in Europe

07.05.2019 − The Austrian company eWaste Umweltconsulting GmbH wants to advise the Chinese state-owned company CEHL on potential investment opportunities on the European waste market. » more

Veolia boosts waste management revenues by 8 per cent

02.05.2019 − Veolia closed the first quarter of 2019 with improved sales and earnings. Growth in the group's waste management activities was particularly strong at almost 8 per cent.» more

German beer maker plans investment in oil recycler

25.04.2019 − The owner of German beer maker Bitburger plans to purchase a 45 per cent stake in the waste oil recycler Avista Oil AG. At the same time, Germany’s richest woman, the BMW heiress Susanne Klatten, was increasing her...» more

Uncertainty weighs on German ferrous scrap market

23.04.2019 − The mood on Germany’s ferrous scrap market is rather gloomy at the moment. "In almost all steel processing industries there is a perceptible economic slump, sometimes less substantial, sometimes more. The only ray of...» more

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 largest waste firm in the United States. » more

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