C&D waste

EuRIC's long-serving secretary general is passing the baton to an experienced colleague. Emmanuel Katrakis, who has led the European Recycling Industries' Confederation since its founding in 2014, will leave the umbrella organisation at the end of March. He will be succeeded at the beginning of April by Julia Blees,...

Ahead of binding EU reporting requirements, the German waste management company PreZero has issued its first sustainability report in December 2023. Read on to find out more about the volume of recycled materials Prezero processed in 2022, the size of its staff and the company's sustainability strategy....

The Dutch-English waste management group Renewi reported slightly lower revenues and earnings for its financial first half. With recyclate prices reverting to "more normalised levels" and non-hazardous waste volumes in the Benelux region mostly stabilised, revenue for the six-month period ended 30 September came in 2...

At a capital markets event held yesterday, the Dutch waste management group Renewi outlined its strategy for the coming years, noting "attractive base business with strong growth in margins". In compliance with the UK Takeover Code, the company made no new comments on the potential takeover offer it received from...

Macquarie Asset Management announced on Thursday that it was considering a cash offer for Dutch-British waste management company Renewi plc. On behalf of one or more of its funds, the asset managment company had extended a proposal to Renewi's board on Monday at 775 pence (£7.75, ca. €8.97) per Renewi share. Read more...

The European Commission has approved the acquisition of the Spanish waste management company Valoriza Servicios Medioambientales (VSM) by the US investor Morgan Stanley Infrastructure Partners (MSIP). Valoriza is active in the collection, treatment, recycling and recovery of waste, including construction and demolition...

The Czech environment minister has invited the EU member states to explore the possibility of introducing lower value-added tax (VAT) rates on products with recycled content. This step would promote the circular economy and create incentives for the use of recycled raw materials. At the EU Environment Council meeting...

Remondis is expanding its footprint in the Netherlands with another acquisition. The German waste management group has acquired the skip hire and waste management company Gebroeders Scholten in Beverwijk via its Dutch subsidiary....

The first industrial-scale facility for recycling expanded polystyrene (EPS) insulation foam has now commenced regular operations in Terneuzen, the Netherlands. The PSLoop plant is able to recycle polystyrene foam containing the brominated flame retardant HBCD which has been identified as a persistent organic pollutant...

The cement industry is one of the world's largest emitters of carbon dioxide, accounting for around 8 per cent of total emissions. To improve their carbon footprint and reduce energy costs, building materials companies around the globe are boosting the use of alternative, waste-derived fuels (WDF) and raw materials. In...

Waste management company Renewi is aiming to boost its annual revenues to €3bn over the next five years. At the release of the preliminary earnings report for the 2022/23 financial year, CEO Otto de Bont said the company would "achieve growth through market share gains, by extracting more value from waste by deploying...

The European Commission has released draft legislation fleshing out details of the Taxonomy Regulation and is gathering feedback on the draft through a consultation. Among the economic activities that would be covered by the delegated act are activities in the areas of waste management, contaminated site remediation,...

Waste management company Renewi expects its year-end profit to come in slightly ahead of market expectations after its "good" fourth financial quarter which ended on 31 March. In a trading update issued on Tuesday, Renewi CEO Otto de Bont said that strong customer loyalty had kept churn low and helped to stabilise...

Well-functioning markets for secondary raw materials (SRMs) are crucial to creating a circular economy in the EU that would help reduce the depletion of natural resources and the related environmental impacts, according to the European Environment Agency (EEA). The agency has analysed the markets for eight major...

The Dutch-English waste management company Renewi confirmed its underlying earnings forecast for its 2022/23 financial year against the backdrop of a challenging macroeconomic outlook. In a recent trading update for the third financial quarter ended 31 December, the company said its expectations for the group’s...