Markets
Steel scrap suppliers resist calls for lower prices in Germany
21.10.2020 − Negotiations between scrap suppliers and steel mills in Germany were protracted in October. Mills were pushing for price cuts. » more

SSE to bow out of 50/50 joint ventures with Wheelabrator

14.10.2020 − The Scottish energy utility SSE plc is withdrawing from the waste incineration sector. The company will sell its 50 per cent stakes in both Ferrybridge multifuel power plants as well as its half of the planned Skelton...» more
Markets
EU ferrous scrap exports to Turkey surge in first half
12.10.2020 − Turkey is becoming an increasingly important consumer of European steel scrap. Some 70 per cent of the iron and steel scrap exports from the 27 EU member states in the first half of 2020 were sent to the Turkish market,...» more

Paris court suspends sale of Suez shares to Veolia

09.10.2020 − Veolia's planned purchase of a major stake in competitor Suez is on ice, at least for the moment. On Friday afternoon the judicial court of Paris issued a temporary injunction, ordering the suspension of the...» more
Markets
German waste plastics market squeezed by cheap primary plastics and weak demand
07.10.2020 − The situation on the waste plastics market in Germany remained extremely difficult in September and forward visibility was low.» more

Engie to sell its Suez shares to Veolia

06.10.2020 − The die is cast: Engie will sell a large part of its stake in Suez to Veolia. The French utility's board of directors decided last night to accept the offer of around €3.4bn for 29.9 per cent of Suez's shares. With the...» more
Business
Financial investor Ardian signals interest in Suez stake
01.10.2020 − There has been a new twist in the ongoing drama around Veolia's attempt to take over its environmental services competitor Suez. The private investment company Ardian has notified Engie of its interest in the...» more

Engie welcomes improved Veolia offer, requests more time

30.09.2020 − Engie has welcomed the improved offer Veolia presented for a 30 per cent stake in Suez. The offer was "in line with its expectations in terms of price and social guarantees," the French utility said in a statement...» more
Markets
German ferrous scrap sees fragile recovery in September
23.09.2020 − Ferrous scrap prices in Germany have risen for the second month in a row. A brisk export business at the beginning of the month combined with a rebound in demand from domestic steel mills.» more

Engie seeks higher price, greater assurances in exchange for its stake in Suez

18.09.2020 − The French utility Engie has rejected Veolia's initial offer for a nearly 30 per cent stake in rival Suez. Veolia had planned to pay around €3bn for the shares in the first stage of a two-step plan to acquire full...» more
Policy
Last-minute Chinese waste quotas let importers cut it close to the wire
17.09.2020 − The China Solid Waste and Chemicals Management Center of the Ministry of Ecology and Environment (MEE) issued a twelfth batch of import licences for this year on Wednesday. The new tranche of import quotas is...» more

Prezero to acquire Suez's waste business in Germany, the Netherlands, Luxembourg and Poland

16.09.2020 − The waste management company Prezero, a sister company to Lidl within the Schwarz Group, is to take over Suez's waste management operations in in Germany, the Netherlands, Luxembourg and Poland. In separate statements...» more
Business
Biffa plans to end worker furloughs as revenues rebound
09.09.2020 − The British waste management company Biffa has seen its business improving month for month since the height of the Covid-19 outbreak and anticipates that it will be able to end staff furloughs by the end of September....» more

Turkey wants to limit recycled raw material imports

08.09.2020 − Turkey’s recycling industry will need to source at least half of the raw materials it requires from the Turkish domestic market. The country’s environment minister Murat Kurum announced new rules mandating the use of...» more
Policy
Austria plans deposit for single-use beverage containers,
quota for refillable bottles
07.09.2020 − In the fight against plastic waste, Austria's environment minister Leonore Gewessler has plans to impose a deposit on single-use beverage bottles and to mandate that the retail sector offer more drinks in refillable...» more

Little change on Germany's waste plastics market

04.09.2020 − The state of Germany’s waste plastics market has not improved in August. Demand picked up a little, but this sometimes came at the cost of prices.» more
Policy
EU Commission tables action plan for critical raw materials
03.09.2020 − The European Commission plans to map the extent to which secondary materials from EU stocks and waste can contribute to the supply of critical raw materials. The inventory is to be completed by 2022 and list identified...» more

Veolia offer “carries great uncertainties”, Suez warns

02.09.2020 − A day after its initial, tersely worded response to the news that Veolia was mounting a takeover bid, the French group Suez issued a second statement. The environmental services company reported that its board of...» more
Markets
Effects of crisis linger amid new hope on German PET bottle recycling market
31.08.2020 − The situation facing PET recyclers remains challenging. While several businesses in Germany were at least in a slightly more upbeat mood in August, others are now worried about their survival. Sales remained weak. After...» more

Veolia aims to buy stake in Suez as first step towards full take-over

31.08.2020 − The French environmental services giant Veolia has launched a takeover bid for competitor Suez, having made an offer for nearly 30 per cent of Suez's shares owned by the French utility concern Engie (formerly GDF Suez).» more
Policy
Interpol reports sharp increase in illegal plastic waste trade
27.08.2020 − A new report from Interpol has found an “alarming" increase in “illegal plastic pollution trade” across the world since China closed its doors to waste plastics in 2018. » more

Exports give a short-lived boost to OCC prices in the UK

26.08.2020 − Recovered paper was becoming more readily available on the British market in August as more and more industrial and retail companies were resuming activity. » more
Business
Recoup: UK needs to double its plastics recycling capacity
25.08.2020 − The British government plans to impose a tax on plastic packaging containing less than 30 per cent recycled material beginning in April 2022. In order to supply enough recycled plastic to meet that 30 per cent content...» more

EEW submits best bid for German waste to energy plant

21.08.2020 − The plant operator EEW Energy from Waste has put forward the best bid for a facility located in Pirmasens in Germany's southwest. » more
Business
Sims posts net loss of AUD256m for 2019/20
18.08.2020 − US-Australian recycler Sims saw both sales revenue and earnings contract significantly in the financial year ended 30 June. "The rapid collapse in ferrous scrap prices in September 2019, combined with historically low...» more

Brisk export trade sends steel scrap prices higher in Germany

18.08.2020 − Ferrous scrap has become more expensive in Germany in August, in particular in the north of the country. » more
Business
FCC sells stake in British wte business to financial investor
06.08.2020 − Spain’s FCC group will sell a 49 per cent stake in a fleet of five fully-owned waste to energy (wte) plants in the UK to the financial investor Icon Infrastructure Partners. The agreement is worth £198m, FCC announced...» more

Waste wood market in Germany largely stable

03.08.2020 − The market for waste wood in Germany remains relatively untouched by the coronavirus crisis. Overall, arisings have declined somewhat, according to the latest EUWID market survey. » more
Business
Veolia records 14 per cent decline in Q2 revenues from waste operations
30.07.2020 − The effects of the coronavirus crisis are clearly visible in the latest earnings figures released by the French environmental services concern Veolia. Revenues from its waste activities came in at around €2.2bn in the...» more

RCP prices in France still in decline amidst lacklustre demand

29.07.2020 − Demand from Asia was a little brisker in July, bringing some relief for recovered paper merchants doing business in France. However, this revival was insufficient to prevent another sharp decline in prices, especially...» more
Business
Glencore is the only remaining potential investor for Weser-Metall
29.07.2020 − The Swiss commodities trader Glencore is the only remaining party interested in taking over of the primary and secondary lead producer Weser-Metall and its smelter located in Nordenham, Lower Saxony.» more

"Plastic tax" approved at EU summit

22.07.2020 − Member states will be required to make payments to the EU budget based on the amount of non-recycled plastic packaging waste they generate. At the summit meeting this past weekend, the heads of state and government...» more
Markets
German recovered paper prices head lower in June
20.07.2020 − As expected, there was a sharp drop in the prices for the ordinary grades on the German recovered paper market in June. Just as arisings were increasing again, demand from the paper industry weakened considerably. At...» more

Indaver boosts revenues and Ebitda in 2019

16.07.2020 − The Belgian waste company Indaver reports that it has achieved stable growth despite the challenging economic circumstances of the past three years.» more
Markets
Recovered paper prices in Poland in free fall since June
15.07.2020 − The Polish recovered paper market has been on a rollercoaster ride in the past weeks, with market players having an exceptionally tough time, recent EUWID interviews revealed. A serious shortage of raw materials,...» more

German C&I waste incineration market
proves robust through the Covid-19 crisis

10.07.2020 − The German market for commercial municipal waste treatment has proven relatively stable despite the coronavirus pandemic and the associated economic downturn. While the recycling markets were walloped by the crisis and...» more
Markets
Storm clouds on the horizon for German PET recyclers in July
09.07.2020 − Primary PET did become slightly more expensive in June, but these hikes are not bringing any relief to PET recyclers in Germany for the time being. Primary PET remains cheap. PET recyclers are facing huge challenges...» more

Pennon completes sale of Viridor to investor KKR

08.07.2020 − The global investment firm KKR has completed the acquisition of British waste management company Viridor. KKR, which manages businesses in a variety of asset classes including energy, infrastructure and real estate,...» more
Markets
German waste plastics market still strunggling with weak demand
05.07.2020 − For most plastics recyclers in Germany, the situation remains extremely tense. Although re-grind prices did not lose any additional ground in June, many recyclers once again had to idle production lines or furlough...» more

New deal to stabilise AEB Amsterdam

03.07.2020 − AEB Amsterdam has reached a refinancing agreement with banks and the city of Amsterdam, which owns the waste treatment plant operator. AEB announced on Thursday that the city would be prepared to make €36m available in...» more
Business
Covid-19: Revenues fall and one-off costs mount at Suez
02.07.2020 − The French environmental services group Suez is the latest business to report being heavily affected by the coronavirus crisis. In its Recycling & Recovery segment, the group expects revenues for the first half of 2020...» more

Italian recovered paper prices plunge again in June

01.07.2020 − The bubble on Italy’s recovered paper market has burst. As in other countries, slow demand and resurgent collection volumes following the lifting of coronavirus restriction have sent prices tumbling, especially for...» more
Markets
Prices slide as ferrous scrap demand remains weak in Germany
22.06.2020 − If there had been any hopes that the steel market would quickly return to business as usual once the lockdown ended, these have now been dashed. A high level of uncertainty and caution persists among steel producers and...» more

Euric calls for support for plastic recycling in Europe

17.06.2020 − Recent sharp drops in prices and demand for recycled plastics threaten the economic viability of many plastics recyclers across Europe.» more
Markets
Upswing in German recovered paper prices proves shortlived
16.06.2020 − The rally in German recovered paper prices that was triggered by the coronavirus shutdowns in Europe is already over. Market players report that steep price hikes in April and especially in May have given way to...» more

Scholz plans to recycle ELVs and aluminium scrap in China

10.06.2020 − The German ferrous scrap recycler Scholz intends to expand its activities to the Chinese market. Together with China Hongqiao, one of the world's largest aluminium producers, Scholz intends to develop and operate a...» more
Markets
Situation on German waste textiles market remains tense
08.06.2020 − Germany’s waste textiles market is and will remain extremely tense in the era of the coronavirus pandemic.» more

Focus shifts back to China as Covid-19 crisis fades

03.06.2020 − Recycling industry insiders expect that China will play a key role in markets for secondary raw materials in the wake of the coronavirus pandemic. But perhaps it will be a different role than before as multinational...» more
Markets
Italian recovered paper prices peak in May
03.06.2020 − The scarcity of recovered paper in Italy pushed prices to new heights in May. However, they may have peaked in the middle of the month. » more

German waste plastics market in crisis

03.06.2020 − Plastics recyclers in Germany continue to face massive pressure from cheap primary plastics and largely subdued demand. Recycling hardly played a role any more, commented recyclers who could often only sell small...» more
Markets
Recovered paper suppliers capitalise on shortages in France
27.05.2020 − The on-going serious shortage of recovered paper has again sent prices for all grades soaring in France in May.» more

Derichebourg reports declines in sales and earnings

27.05.2020 − The French group Derichebourg expects its ferrous and non-ferrous metals recycling business to recover by autumn, at the earliest. Activity levels have made good progress since bottoming out at the beginning of April....» more
Business
Recylex's fate hangs on the continued operation of Nordenham smelter
22.05.2020 − The future of the financially strapped Franco-German metal group Recylex is tightly linked to the fate of the German subsidiary Weser-Metall GmbH and its lead smelter in Nordenham, Germany. "Recylex S.A.'s capacity to...» more

Danish ministers call for cuts to waste imports

20.05.2020 − If Denmark is to achieve a green transition, it will need to increase recycling and to strengthen the circular economy, but it will also need to reduce the amount of waste incinerated, according to climate minister Dan...» more
Markets
"Long road back to normality" expected for steel scrap market
19.05.2020 − The resumption of automotive production in Germany at the start of May has been extremely sluggish. The impact of coronavirus restrictions will be felt for some time to come on the ferrous scrap market.» more

Recovered paper price surge continues amid shortage in Germany

19.05.2020 − The price surge continues on the German recovered paper market. After a very considerable bump in April, prices of the ordinary grades saw an even sharper uptick in May. The turbulence caused by the coronavirus outbreak...» more
Business
PRE: State support necessary to ensure survival of plastics recycling
18.05.2020 − Recycling must be included among the sectors supported in the recovery plans being drafted by the EU and its member states, says Plastics Recyclers Europe. » more

Recylex applies for protective shield procedures for German operations

14.05.2020 − The Recylex Group has applied for creditor protection under German law for its subsidiaries Weser-Metall GmbH, Harz-Metall GmbH, Norzinco GmbH and PPM Pure Metals GmbH. » more
Business
Alpla doubles PET recycling capacity in Poland
12.05.2020 − Austria’s Alpla group started up a second PET regranulation line in Poland at the beginning of May. The new line doubles capacity at the subsidiary PET Recycling Team in Radomsko from 15,000 to 30,000 tonnes a year of...» more

KKR has received EU clearance for Viridor take-over

12.05.2020 − The European Commission's Competition Directorate-General sees no obstacles to the sale of the British waste company Viridor to the private equity firm KKR.» more
Business
Veolia reports slight uptick in waste management revenues
07.05.2020 − The waste division of the French environmental services group Veolia generated worldwide revenues of €2.47bn in the first quarter of 2020. This is a slight increase of 0.6 per cent.» more

European plastic recycling in serious trouble amid Covid-19 shutdowns

06.05.2020 − Plastic recycling in Europe is in dire straits. In particularly, the low prices for all types of primary plastics are now weighing heavily on regranulate prices. These problems are compounded by the on-going slump in...» more
Business
Aurubis-Metallo merger given go-ahead by EU Commission
05.05.2020 − The suspense surrounding the Aurubis-Metallo takeover deal is over. On Monday, the EU Commission gave its approval for the acquisition of the Belgian-Spanish Metallo group by the primary and secondary copper producer...» more

Suez reports decline in first-quarter earnings

30.04.2020 − Suez's waste management activities were the group's business area most heavily hit by the fallout of the Covid-19 pandemic in the first quarter of 2020. » more
Business
Remondis to acquire Veolia sites in West of Germany
29.04.2020 − The German waste management giant Remondis intends to acquire sites which have been put up for sale by competitor Veolia Umweltservice West GmbH. » more

Steel scrap arisings plummet in Germany
as economy grinds to a halt

23.04.2020 − "What's next?" This is the million dollar question for players in the German ferrous scrap market and in all other industry sectors. » more
Business
IFAT 2020 cancelled
23.04.2020 − There will be no IFAT in 2020. The trade fair for environmental technology and services, held every two years in Munich, Germany, has become the latest victim to the coronavirus crisis. » more

Remondis / DSD deal: Court rejects Remondis' appeal

22.04.2020 − The Düsseldorf Higher Regional Court has upheld the decision of the German competition authority barring waste group Remondis from taking over the packaging compliance scheme Duales System Deutschland (DSD).» more
Business
Indian recyclers still face fees for imports
stuck in ports due to Covid-19 lockdown
21.04.2020 − Indian recyclers continue to struggle as secondary raw material imports get bogged down in ports and shipping companies fail to waive charges for delayed freight removal as advised by the government.» more

Scholz 2019 figures reflect lower demand and falling prices

15.04.2020 − The German ferrous and non-ferrous metals recycler Scholz posted lower revenue and earnings figures for 2019.» more
Markets
Rising demand for recovered paper in Poland amid shrinking supply
08.04.2020 − The Polish recovered paper market experienced an abrupt reversal in mid-March. Many buyers are nervous now about whether their supplies can be guaranteed in the coming weeks.» more

German waste textiles industry struggles in Covid-19 crisis

07.04.2020 − Business operations are almost impossible to plan right now, and companies are forced to proceed with extreme caution, a major texitiles recycler told EUWID.» more
Business
BIR calls on governments to recognise recycling industries as essential activities
03.04.2020 − The Bureau of International Recycling (BIR) urges governments to formally recognise that recycling operations are essential businesses as they serve to protect human health and the environment.» more

Sims completes sales of e-scrap recycling activities to TSR

02.04.2020 − Remondis subsidiary TSR now owns a large share of Sims' e-waste business in Europe. Sims announced that the transaction had been concluded and was effective 30 September 2019. » more
Policy
EU Commission publishes waste shipments guidance
01.04.2020 − The European Commission is working to remove barriers to waste shipments between EU member states in the exceptional circumstances created by the coronavirus outbreak. » more

Coronavirus crisis hitting plastics recyclers

31.03.2020 − The coronavirus crisis will create significant challenges for Germany’s plastic recyclers. Orders from large swaths of industry are drying up, recyclers told EUWID.» more
Markets
India overtakes China as the main destination for EU recovered paper exports
26.03.2020 − EU member states exported less recovered paper to China last year. Chinese restrictions brought EU shipments to the People’s Republic down to just 20 to 25 per cent of the volumes that were typical up until 2016.» more

Umbrella bodies call for Europe-wide recognition of recycling and waste industry’s key role

25.03.2020 − The umbrella organisations Euric and FEAD call on decisionmakers across Europe to recognise the essential role of the recycling and waste management industry in protecting human health and the environment and in...» more
Markets
Coronavirus crisis causing major uncertainty for steel scrap traders in Germany
24.03.2020 − At the beginning of the month, it still looked like business might proceed almost normally for ferrous scrap traders and slight price mark-ups were on the horizon. However, there was a complete reversal in sentiment at...» more

Pennon to sell Viridor for £4.2bn

19.03.2020 − British waste management company Viridor is to be sold for £4.2bn to investment funds managed by Kohlberg Kravis Roberts & Co. L.P. (KKR). Viridor's parent company Pennon announced on Wednesday that it had entered a...» more
Business
Stainless steel recycler ELG could be sold
18.03.2020 − The conglomerate Franz Haniel & Cie is weighing the disposal of its stainless steel recycling subsidiary ELG. As part of a strategic reorientation, options including "possible sales scenarios" are to be explored. » more

Price erosion slows on German recovered paper market

18.03.2020 − Recovered paper prices in Germany remained under pressure in February, although price reductions were much smaller than in previous months. The majority of EUWID sources expected prices to stay the same in March,...» more
Business
ARN sells "fluff" processing plant to Remondis subsidiary
16.03.2020 − The Dutch end-of-life vehicle recycling organisation ARN is divesting its processing plant for automotive shredder residue.» more

UK to introduce tax on plastic packaging

13.03.2020 − The UK is moving ahead with plans to tax plastic packaging that does not incorporate recycled material. » more
Business
IFAT Munich rescheduled for September
12.03.2020 − IFAT organisers, Messe München, decided Wednesday night that the trade fair will be postponed and will not go ahead as scheduled from 4 to 8 May. » more

New action plan for the circular economy

11.03.2020 − The European Commission wants to focus more closely on product design in order to promote the transition to a circular economy. » more
Business
Covid-19: PRSE in Amsterdam postponed
11.03.2020 − The Plastics Recycling Show Europe (PRSE) is being postponed due to the spread of the novel coronavirus, organisers announced on Wednesday. » more

EU steel scrap exports hit new record in 2019

10.03.2020 − The European Union member states exported a total of 21.8 million tonnes of steel scrap, with a value of €6.0bn, to countries outside the EU (third countries) last year. According to newly released provisional figures...» more
Policy
Battery Directive first measure to be tabled under upcoming EU action plan
06.03.2020 − The EU needs "targeted action in sectors where potential for circularity is high", according to EU Environment Commissioner Virginijus Sinkevičius.» more

IFAT to go ahead as planned, for now

05.03.2020 − Despite the cancellation of other major events due to concerns surrounding the spread of Covid-19, the Messe München still plans to hold the IFAT trade fair as planned, a spokesperson told EUWID on Tuesday. The event,...» more
Markets
Solid export sales allow for some OCC hikes in Italy
05.03.2020 − Italian recovered paper prices appear to have reached the end of their downward spiral for the time being. Many prices, especially those for medium and high grades, were unchanged in February. Some price increases were...» more

Steep drop in PE film prices on German market

03.03.2020 − Sea freight rates climbed sharply in February. Waste plastics exporters reacted by cutting their purchase prices for mixed commercial film.» more
Business
Veolia reports growth in waste management revenue
28.02.2020 − The waste management activities of French group Veolia generated global revenue of €10.2 billion last year.» more

Danone aims for 100 per cent rPET
in European water bottles

27.02.2020 − French group Danone wants to expand the use of recycled PET and reduce single-use plastics.» more
Business
Suez's waste division benefitted from capacity shortages
26.02.2020 − The French environmental group Suez raised its revenue and results in 2019, closing the year with net earnings of €352m.» more

Recovered paper utilisation in Europe slightly down

25.02.2020 − Last year, 48.6 million tonnes of recovered paper were used to manufacture new paper and board products by the members of the Confederation of European Paper Industries (CEPI).» more
Markets
German steel scrap: export revival prevents more drastic price cuts
20.02.2020 − The decline the export price for steel scrap beginning at the middle and end of January had already dampened scrap sellers’ expectations for price negotiations with steelmakers in February. » more

Sims books loss for first half of financial year 2020

19.02.2020 − Sims Metal Management has reported a sharp drop in both sales and earnings for the first half of its financial year, ended 31 December. In what CEO Alistair Field described as a "period that has been challenging...» more
Markets
Supply glut sends recovered paper prices in Germany tumbling further
17.02.2020 − The situation in Germany grew still more acute in January due to a very strong seasonal uptick in arisings. The mixed paper segment remains the biggest source of concern for the industry.» more