Business

Falling scrap prices trigger Sims Metal Management earnings warning

17.09.2019 − The US-Australian scrap metals giant Sims Metal Management revised its earnings forecast downward early this week . It was now predicting that its results for the first half of its 2020 financial year will be...» more

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HVC to acquire troubled AEB Amsterdam

12.09.2019 − The Dutch waste management company HVC has announced its intention to take over waste incineration plant operator AEB Amsterdam, according to the company. The necessary due diligence audit would begin immediately, with...» more

Suez, BASF and Eramet launch EV battery recycling project

11.09.2019 − A closed-loop recycling system for lithium-ion batteries from electric vehicles (EV) is the objective of a new project supported by the environmental services group Suez, the chemicals giant BASF and the mining and...» more

Remondis buys industrial cleaning company Reym from Renewi

10.09.2019 − Remondis is expanding its presence in the Netherlands. On Monday, the company entered a binding agreement with the waste management group Renewi to acquire the industrial cleaning specialist Reym B.V. The takeover,...» more

RDF Industry Group calls for withdrawal of Dutch waste import tax plans

05.09.2019 − The European RDF Industry Group wants the Dutch government to walk back plans for a tax on waste imports destined for incineration or landfilling. The body, which represents businesses across the RDF (refuse-derived...» more

Scholz sees performance suffer due to weak demand

29.08.2019 − The German ferrous scrap recycler Scholz suffered a significant drop in revenues and profits in the first half of the current financial year. According to a new financial report from the company's Chinese parent Chiho...» more

Crisis in the recovered paper sector: ERPA calls for urgent action

28.08.2019 − An increasing number of companies active in paper collection and recovery are "ceasing to operate on a temporary or permanent basis". » more

Profits fall for Sims Metal Management

26.08.2019 − International recycler Sims Metal Management reported that earnings in its most recent financial year had suffered due to the trade conflict between the USA and China. "This year has been challenging for all recycling...» more

Remondis takes over Pakufol and Depner

21.08.2019 − Remondis is expanding and vertically integrating its LDPE recycling activities.» more

Scholz's parent group Chiho Environmental issues profit warning

14.08.2019 − The Chiho Environmental Group expects to see a "significant" decline in earnings for the first six months of the current business year. » more

"Solid volumes and prices" in Veolia’s waste business

01.08.2019 − French environmental group Veolia reports strong growth in revenue for its world-wide waste management operations. » more

FCC’s environment division boosts revenues and earnings

31.07.2019 − The environment division of FCC closed out the first half of 2019 with revenue growth in both its home market of Spain and in Central and Eastern Europe.» more

Remondis appeals DSD merger decision

30.07.2019 − Following the German competition authority’s decision to block Remondis' takeover of the Green Dot company DSD, the dispute is entering a new round. » more

Suez benefits from price increases

26.07.2019 − The European waste management operations of environmental services group Suez have raised their revenue and earnings in the first half of 2019. » more

Morssinkhof-Rymoplast builds PET recycling plant in Germany

19.07.2019 − The Dutch Morssinkhof-Rymoplast group will build a PET recycling plant in Markranstädt near Leipzig in the East of Germany. » more

German competition authority bars
Remondis takeover of DSD

11.07.2019 − Remondis will not be permitted to acquire the DSD Green Dot system, the Bundeskartellamt announced on Thursday morning. The decision of the German competition authority was expected.» more

DSD and Remondis submit undertakings to competition authority

27.06.2019 − The anti-trust review of Remondis’ proposed takeover of the German Green Dot company Duales System Deutschland will go into extra time. » more

China issues Q3 licences for Category 6 copper scrap

25.06.2019 − China plans to allow only 240,429 tonnes of copper scrap imports in the third quarter of 2019, according to the Bureau of International Recycling (BIR). The recycling industry association cites a list of import licences...» more

EuRIC highlights lack of treatment capacity for ultimate waste

19.06.2019 − European recyclers are increasingly struggling to find treatment and disposal capacities for the final waste arising in their processes. » more

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