Business

Remondis takes over insolvent scrap dealer Lindauer

06.09.2018 − The German waste management concern Remondis has acquired the Lindauer & Co. GmbH scrap metal business and does not intend to continue operations at the site. » more

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Alba SE's turnover declines to €231m in first half

30.08.2018 − The German scrap recycler Alba SE faced a decline in revenues to €231.01m in the first half of its 2018 financial year.» more

Lidl's parent group plans to set up packaging recovery scheme

28.08.2018 − The Schwarz Group is planning its next step on the German waste management market. Through its GreenCycle GmbH subsidiary, the retail giant plans to introduce its own new packaging waste take-back and recovery system,...» more

Sims Metal Management reports growth

24.08.2018 − The global recycling group Sims Metal Management has raised its volumes, revenues and underlying results in its financial year 2018. » more

Green light for Lidl's Tönsmeier takeover

22.08.2018 − The Schwarz Group, parent company of the discount grocery chain Lidl, may proceed with its planned purchase of the German waste management company Tönsmeier. The European Commission's Competition directorate-general...» more

KKR buys majority stake in Indian waste management company

15.08.2018 − The investment firm KKR & Co. is taking over a controlling share of the Indian company Ramky Enviro Engineers Ltd. The New York-based KKR will acquire a 60 per cent stake in the waste management and environmental...» more

PET recycler Sorepla sold to Indorama

02.08.2018 − The Indonesian Indorama concern is taking over French plastics recycler Sorepla Industrie S.A. The parties to the deal announced on Wednesday that they had signed a sales agreement. Neither company commented on the...» more

Veolia posts "robust growth" for waste activities

01.08.2018 − The waste management operations of environmental services group Veolia benefited from "very good volumes, even in France" during the first six months of 2018.» more

LyondellBasell and KIT enter chemical recycling cooperation

27.07.2018 − The chemicals concern LyondellBasell has announced that it will cooperate with Karlsruhe Institute of Technology (KIT) to advance the chemical recycling of plastic materials.» more

Suez reports growth in first half

26.07.2018 − "The year has started off well. The group’s growth momentum is intensifying," according to Suez CEO Jean-Louis Chaussade. » more

Investor consortium to acquire Plastic Omnium's environment division

20.07.2018 − Europe's leading waste container producer is to be sold to two French investors. Plastics processor Plastic Omnium announced today that it signed a put option for its environmental business with Latour Capital and...» more

Waste and recycling is UK's most dangerous industry

11.07.2018 − The British waste and recycling industry had a higher rate of fatal injury last year than any other industry group. According to new figures from the British Health & Safety Executive, the fatal injury rate for the...» more

Lidl to acquire Tönsmeier

02.07.2018 − The die is cast. Europe's largest retail group, the Schwarz Gruppe is to purchase Tönsmeier, the fifth largest waste management company in Germany. With the acquisition via its subsidiary GreenCycle GmbH, Schwarz – the...» more

Substantial growth in sorting capacity for recovered paper

29.06.2018 − Up to 220 sorting plants for recovered paper and board will be commissioned in Europe by 2025, according to Ecoprog. » more

Recyclables trader WPT to be taken over by Chinese firm

28.06.2018 − The Chinese company Cycle Link International plans to take over the Dutch company Waste Paper Trade (WPT). The transaction is still subject to regulatory approval, according to the Dutch firm.» more