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 largest waste 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