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Recycling News
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Nucor may cash in on Italian construction |
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May 14, 2008.
North American Nucor Corp. will acquire part of an Italian steelmaking company. The Charlotte-based steelmaker will pay about US$658 million for a 50 percent stake in a joint venture with Duferco S.A., called Duferdofin-Nucor, that will produce steel beams in Italy and distribute them in Europe and North Africa. ... more
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Greenstar invests in Irish recycling facility |
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May 13, 2008.
Waste management company Greenstar from Ireland has announced a Euro 20 milion (US$ 31 million) redevelopment of its materials recycling facility (MRF) in the Irish town of Bray (Co Wicklow). ... more
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Manitowoc teams up with Chinese crane builder |
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May 13, 2008.
The Manitowoc Company, through its daughter company the Manitowoc Crane group, have formed a joint venture with Chinese crane manufacturer TaiAn Dongyue Heavy Machinery Co. According to Manitowoc, this partnership allows the company to continue its global expansion and fulfill its objective of manufacturing and servicing cranes on a local basis. ... more
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China’s President Hu picks up green ideas in Japan |
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May 12, 2008.
During his trip through Japan - the first by a Chinese president in more than a decade -President Hu Jintao on Friday visited a bottle-recycling factory at a green industrial zone in Kawasaki, a city once known for its heavy pollution. Hu listened and took notes as Masanori Suzuki, an employee of the plant owned Japan’s second largest steelmaker JFE Group, talked about its environmental protection program. ... more
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Dutch network for plastics packaging |
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May 12, 2008.
Following the Dutch government’s introduction of a tax on plastic packaging materials, the Nedvang packaging manufacturers and recyclers co-operative is launching a dedicated collection scheme.
By contracting globally-operating waste management firms such as SITA, Midwaste and Remondis, Nedvang plans to establish a network of 60 locations for the storage, separation and recycling of plastic packaging waste. According to Nedvang, this constitutes an important step towards raising the recycling rate from its current level of 22% to the government target of 38% for 2009. ... more
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Omnisource to buy out Recycle South |
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May 09, 2008.
Steel producer Steel Dynamics Inc. says its recently acquired subsidiary Omnisource has agreed to buy the remaining interest in fellow US company Recycle South LLC in a cash and stock deal valued at about US$370 million to expand its recycled metals business.
Recycle South equity owners will receive about 3.9 million Steel Dynamics shares, which the company valued at about US$138 million, and US$232 million in cash. The companies value the deal at US$500 million, which includes US$135 million in debt and other liabilities. ... more
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Corus steel can value sky rocketing |
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May 08, 2008.
Corus Steel Packaging Recycling has announced a rise in the amount it pays for steel cans delivered to its CanRoute collection centres for the second month in row. The value of steel cans has risen by £50 (US$ 98) in the last month to an unprecedented £235 (US$ 460) per tonne – benefiting all local authorities, waste management and collection companies that sell collected steel packaging to Corus via the CanRoute system. ... more
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Steinert expands metal recycling network to Japan |
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May 06, 2008.
The Steinert Group from Germany has signed contracts with its current Japanese sales partners regarding the establishment of Steinert Japan, a new joint venture in which magnetics manufacturer Steinert GmbH has a majority holding. This first full sales meeting of the Steinert Global Group in the United States also provided an opportunity to swap ideas on national markets and take important strategic decisions for the future, particularly with regard to internal communications and worldwide marketing. ... more
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South Africa's metal recyclers under scrutinity |
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May 07, 2008.
The Competition Commission in South Africa is pursuing an investigation into Cisko, SA Metal & Machinery Company, and National Scrap Metal for price fixing and collusion in the scrap metal market, following the New Reclamation Group’s agreement to pay a fine of US$ 18.5 million for its part in price fixing. ... more
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BIR's latest Non-Ferrous World Mirror |
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May 07, 2008.
The following article is based on the latest Non-Ferrous World Mirror produced by the BIR world recycling body for the benefit of its members.
China has grown accustomed to a spring-time improvement in market conditions but demand has remained relatively flat in the early weeks of second-quarter 2008. Analysts blame a combination of factors, including: commodity prices reaching historical peaks; a slow-down in cash-flow; and government measures to control inflation. ... more
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Novelis invests to expand German facility |
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May 05, 2008.
Germany Aluminium producer and recycler Novelis Inc will invest 11 million Euro (US$17.2 million) to expand production capacity at its plant in Nachterstedt, Germany, in response to growing demand in the automotive and beverage can end markets in Europe.
The investment will increase the output and flexibility of the plant's continuous annealing and lacquering line. The additional finishing capacity will become available during the first quarter of 2009. ... more
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GMS responds to EPA investigation |
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May 05, 2008.
There is "no proof" that Global Marketing Systems Inc. or Global Shipping LLC allowed a vessel with anything that violated the federal Toxic Substances Control Act to set sail. That's the opinion of GMS which is one of the world's largest scrap ship buyers and brings them to Asian countries to get them dismantled.
... more
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Greenstar, NTR to invest $300M in new operations |
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May 06, 2008.
Greenstar North America and its Irish parent, NTR plc, plan to invest US$300 million in solar, wind and single-stream recycling capabilities in 2008.
The new investment will give Houston-based Greenstar, a processor of recyclables, a recycling capacity of more than 1 million tonnes a year by the end of 2008. Currently, its single-stream processing capacity is 500 000 tons a year. ... more
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New voice recognition system for Swiss textile sorter |
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April 29, 2008.
Since the beginning of this year the staff members of the TEXAID sorting plant -in Schattdorf, Switzerland- are learning a completely new kind of dealing with the used clothes, home textiles and shoes: in a way they now communicate with the outfits. Using a headset, the sorting team classifies every single piece by material, quality and texture. ... more
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Marathon joins forces with Blue for UK supply |
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April 29, 2008.
Blue Machinery, a distributor of screening and recycling equipment in the United Kingdom, has joined the international distributor network for the US-based waste-handling and recycling equipment manufacturer, Marathon Equipment Company.
Marathon’s products will be available through Blue Machinery(Advanced Technologies) Ltd – headed by Managing Director Steve Almond, a well-known figure in the UK waste management marketplace. ... more
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test by jamie |
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March 01, 2003.
test abstract ... more
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Improved screen throughput with Flex-Thane |
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April 28, 2008.
Major Wire Industries (MWI) has developed a new application designed to eliminate blinding and pegging problems on flat-surface screen decks. Flex-Thane independently-vibrating wires, bonded in place with polyurethane strips, will also provide more open area for far greater throughput, higher production and better efficiency than polyurethane and rubber screens in hard-to-screen applications, it is claimed. ... more
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Metalico secures US$ 100 million |
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April 28, 2008.
Ferrous and non-ferrous metal recycler and lead fabricator Metalico Inc says it has entered into a definitive purchase agreement with institutional accredited investors to raise US$ 100 million of gross proceeds in a private placement of 7% notes which are convertible into shares of Metalico's common stock and warrants which are exercisable for shares of Metalico's common stock. ... more
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First quarter wood chip costs up almost 50% in western US, but pulpmills in the US South experienced only small upward price adjustments |
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April 26, 2008.
Pulpwood and wood chip costs were higher for many pulpmills in the US in the first quarter as reported in the latest issue of the North American Wood Fiber Review. This was mainly a result of the reduced supply of residual chips from the sawmilling industry, which has cut back production due to dismal lumber markets in 2007 and early 2008.
Although the costs for pulpwood and residuals have slowly declined in many regions of the US South during the past 12 months (softwood residuals being the exception), the total wood fiber costs for many pulpmills have remained unchanged or even increased as the percentage use of the more expensive roundwood chips has gone up. The cost of roundwood chips has typically been 30-50% higher than that for residual chips; thus, increasing the share of roundwood chips has resulted in higher average wood costs particularly for pulpmills that mainly have relied on residuals sawmills for their furnish. Despite the recent increases, wood costs in the South ar ... more
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BST treats shredder residue with SiCon plant |
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April 25, 2008.
Recycling engineering firm SiCon launches its first own industrial plant for the treatment of Shredder Residue in Antwerp, Belgium. The German company, with headquarters in Hilchenbach, in cooperation with Belgian Scrap Terminal NV (BST), has launched a treatment plant for Shredder Residue (ASR) in Antwerp where up to 20,000 tonnes par annum provided by the two BST NV shredder plants are treated in a 3- shift operation by applying the VW-SiCon process. ... more
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Essel Propack launches recycled plastic packaging tube |
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April 24, 2008.
Packaging company Essel Propack, based in Mumbai, India, has introduced the first recycled and recyclable plastic packaging tube Etain, which will be followed by a family of other similar green products from the company, says Sanjay Bhasin, Chief Executive Officer, Tubes and Laminated Products. ... more
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UK's first nappy recycling plant |
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April 24, 2008.
The United Kingdom gets its first disposable nappy recycling plant, which will convert the mountain of waste which goes into landfill every day in the UK into plastic, cladding and roof tiles. As RecyclingBizz reported earlier, Knowaste, a Canadian company which recycles nappies and other products in the US, plans to invest more than £20 million in the UK plant over five years. ... more
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New paper recycling initiative in India |
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April 23, 2008.
Pragati Papers Industries Ltd, a Delhi based paper producer, is putting up a Rs.5 billion (US$ 124 million) recycled waste-paper plant in Gujarat. According to Pragati, the plant, at Dahej in Bharuch district, is likely to be commissioned in 2010. The plant will produce 400 tonnes of newsprint daily from waste-paper, which will be converted into pulp first, according to company officials. ... more
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Kilsta Metall AB acquires facility in North Sweden |
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April 23, 2008.
Swedish metal recycling specialist Kilsta Metall AB has acquired the environmental and recycling company Ragn-Sells AB's metals processing facility in Norrkoping, Sweden.
The acquisition price was not disclosed. The 10,000-square metre facility has some 10 employees and achieved a turnover of approximately SEK50 million (US$ 8.5 million) in 2007. ... more
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Redeem purchases UK competitor |
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April 22, 2008.
Redeem Plc says it has acquired fellow UK company Re:cycle your Mobile, the end user component of Cellular Surplus, the UK leading telecoms recycling solution provider.
According to recycler Redeem, this strategic acquisition will extend Redeem's capabilities and offer an even broader range of services to partners across the UK and Europe. ... more
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