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Hand placing a clear empty plastic bottle into the opening of a reverse vending machine.

Austria finalises details of DRS for single-use beverage packaging

Hand placing a clear empty plastic bottle into the opening of a reverse vending machine.
02 October 2023
|
Tom Wilfer
|
~ 4 min
... agency is tasked with organising the material, financial and data flows. Its responsibilities include [...] via contributions from beverage fillers. The financial calculations will take account of the revenues ...
... more
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Policy
Row of grey and blue large waste bins with the Renewi logo and the words "Waste no More".

Renewi receives takeover approach from Macquarie Asset Management

Row of grey and blue large waste bins with the Renewi logo and the words "Waste no More".
28 September 2023
|
Eva Riebeling
|
~ 5 min
... roughly €733m at current exchange rates, the financial investor announced on 28 September.   Renewi [...] management company’s Ebitda in the most recent financial year ended 31 March 2023 (pre IFRS-16 and adjusted [...] and services company Lassila & Tikanoja. The financial investor invited Renewi's board to "engage co ...
... more
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Business
Industrial equipment inside a factory building

Saubermacher sells Redux battery recycling unit to Redwood Materials

Industrial equipment inside a factory building
27 September 2023
|
Tom Wilfer
|
~ 3 min
Saubermacher has divested its lithium-ion battery recycling activities. Effective 14 September, the Austrian waste management company sold its stake in Redux Recycling GmbH to the US battery recycler Redwood Materials. The two...
... more
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Business
Two figures, both in suits, one with carrying a briefcase, stand in profile shaking hands against a Chinese flag

Suez announces its first plastics recycling project in China

Two figures, both in suits, one with carrying a briefcase, stand in profile shaking hands against a Chinese flag
26 September 2023
|
Ann Kühlers
|
~ 1 min
French environmental services concern Suez plans to build and operate six collection and sorting centres for post-consumer plastic waste in Shanghai with partner Taichu Environmental Resource Management. Suez announced late last...
... more
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Business
Lego bricks in light bulb against orange background

Lego bins its bottle-based brick

Lego bricks in light bulb against orange background
26 September 2023
|
Tom Wilfer
|
~ 2 min
Lego is ditching plans to produce building blocks from recycled PET bottles. The decision was made after years of testing revealed that a switch to recycled PET (rPET) from post-consumer beverage containers would not contribute to...
... more
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Business
Aerial view of the industrial park Schwarze Pumpe near Spremberg, Germany, where Hamburger Rieger's paper mill and RDF power plant are located.

Prinzhorn plans new line at Spremberg RDF power plant and acquires Italian recovered paper merchant

Aerial view of the industrial park Schwarze Pumpe near Spremberg, Germany, where Hamburger Rieger's paper mill and RDF power plant are located.
22 September 2023
|
Eva Riebeling
|
~ 3 min
... The Prinzhorn Group did not release any of the financial details of the transaction. The acquisition of ...
... more
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Business
Small heap of white PET pellets on a white surface.

French preform producer SGT expands PET recycling capacity

Small heap of white PET pellets on a white surface.
21 September 2023
|
Eva Riebeling
|
~ 2 min
... employees. According to SGT, the project is receiving financial supported from the French environmental authority ...
... more
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Business
landfill-gas-to-energy-plant stock image

Sims exits Australian landfill gas to energy joint venture LMS Energy

landfill-gas-to-energy-plant stock image
21 September 2023
|
Ann Kühlers
|
~ 2 min
... close during the second quarter of Sims' 2023/24 financial year, that is, between October and the end of ...
... more
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Business
Aurubis logo on the outside of an industrial building.

Aurubis puts €185m price tag on recycling fraud

Aurubis logo on the outside of an industrial building.
19 September 2023
|
Tom Wilfer
|
~ 3 min
Aurubis now puts the scale of the precious metals shortfall stemming from the suspected fraud affecting its recycling business revealed at the end of last month at €185m. The figure is the result of the extraordinary inventory the...
... more
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Business
Scrap is loaded on a ship in Vladivostok using a grabber arm

Challenging market conditions put pressure on Sims' Q1 Ebit forecast

Scrap is loaded on a ship in Vladivostok using a grabber arm
14 September 2023
|
Ann Kühlers
|
~ 1 min
... company, had noted at the release of its 2022/23 financial report in mid-August that scrap metal margins [...] is weakening. Sims now predicts that its first financial quarter, ending 30 September, will be "approximately ...
... more
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Business
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