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Recycling Industry News
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Hydro to invest Euro 14 million in recycling |
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April 07, 2008.
Aluminium producer Norsk Hydro will invest Euro 14.3 million in a new aluminium recycling furnace in Germany, with an output capacity of 50 000 tonnes per year.
The twin-chamber furnace will be part of a new recycling center at Alunorf, a joint venture between Hydro and Novelis in Neuss, Germany.
Alunorf has applied to local authorities for permission to build and operate the new facility alongside the existing complex for aluminium rolling and remelting, the world’s largest of its kind. ... more
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IL Recycling acquires Kopparbergs |
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April 07, 2008.
One of Sweden’s major recycling and trading companies, IL Recycling AB, has acquired Kopparbergs Skrot och Metall AB, another leading steel scrap and metal recycling companies in Central Sweden. IL Recycling, which is headquartered in Stockholm, Sweden, bought Kopparbergs from the Einarsson family, who owned the company since 1949.
... more
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SAP sued over recycling software |
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April 03, 2008.
The largest refuse haulier in the USA is suing German software provider SAP, claiming the waste and recycling software package it bought to be ‘a complete failure.’ ... more
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CMA buys New Zealand recycling firm |
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April 03, 2008.
CMA Corp has completed its acquisition of metal and recycling business Bay Scrap Metals in Tauranga, New Zealand, for $NZ3.4 million ($2.9 million).
CMA bought the business and assets as part of its New Zealand expansion plans, with $NZ2.38 million cash and 1,394,495 fully paid shares at $0.63 each, worth a total $NZ1.02 million. The shares are subject to an 18-month escrow period. ... more
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Sims acquires UK Life Cycle Services |
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April 02, 2008.
Melbourne, Australia headquartered Sims Group continues to expand its Asset Recovery business through the acquisition of Life Cycle Services Limited. The company, based in Ashford, Middlesex, was founded in 1998 as a consulting business advising clients on the management of their technology life cycle. ... more
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Greendock unveils ambitious ship dismantling plans |
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April 02, 2008.
Netherlands-based Greendock BV says it is preparing to invest up to 175 million (US$ 265 million) in Thailand within five years to build an environmentally friendly ship-dismantling facility, the first of its kind in the world.
The facility is expected to handle 700 used vessels out of a global fleet of 40,000 waiting to be demolished every year. These ships have been used for 25 years or more and are now being retired. ... more
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BIR Paper World Mirror March |
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April 01, 2008.
The following article is based on the latest Paper World Mirror produced by the BIR world recycling body for the benefit of its members.
Higher freight rates owing to BAF/CAF variations, container shortage problems and a volatile US dollar have combined to make life difficult for recovered paper exporters confronted with firm-to-strong order files. In Europe, shipping lines have announced the possibility of another freight increase in April or May. ... more
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BIR Non Ferrous World Mirror March |
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April 03, 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.
The power shortages endured in South Africa since the latter part of 2007 are impacting directly on industrial enterprises. For example, BHP Billiton has announced the closure of two potlines at its Bayside aluminium plant, with the result that capacity will fall from 194 000 tonnes to 102 000 tonnes per annum. With smaller capacity reductions at Hillside and Mozal (Mozambique), the company is effectively cutting production by some 10% across the three plants. Also affected is Rio Tinto Alcan’s proposal to invest US$ 2.5 billion in an aluminium smelter at COEGA. ... more
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USA achieves paper recycling record |
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April 01, 2008.
An all-time high of 56% of paper consumed in the USA was recovered for recycling last year, thereby achieving an industry goal five years ahead of schedule. ... more
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Studsvik to manage the UK Nuclear waste |
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March 31, 2008.
The Nuclear Decommissioning Authority (NDA) in the United Kingdom has selected the Nuclear Waste Management Limited (UK NWM) as successful bidder for the management of the UK Low Level Waste Repository (LLWR), Swedish nuclear waste management company Studsvik has a 15% share in the consortium. ... more
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Vice President |
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March 30, 2008.
We are, the King & Krieg Inc. inform, that we are stay very close for a new Investment about the amount of €40Mio. min. for three new plants in Europe and the USA.
Our new plants produce fine crumb 180µ-45µ and devulcanized rubber for new rubber and tire compounds. In additional an new bitumen compound for road constructions and themrmo- plastic compound too. Our production process its under our US,German and European patents.
We give every serious additional Investors a very warm welcome, to work with us togehter. ... more
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UK paper recycling increases 7.5% |
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March 27, 2008.
The UK Confederation of Paper Industry (CPI) has analysed paper mill raw material usage and HM Revenue and Customs (HM R&C) trade data which shows solid progress through 2007 in the recovery of used paper products from the waste stream for recycling.
The data suggests that just over 8.7 million tonnes of recovered paper was either used in the UK (46%, 4.05 million tonnes), or exported for reprocessing overseas (54%, 4.66 million tonnes). ... more
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Major e-waste recycling deal in the UK |
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March 25, 2008.
UK water, sewerage and waste management group Pennon has extended its interest in the recycling market with the purchase of Shore Recycling of Perth in Scotland - a processor of refrigerators and other electrical items. Pennon is paying £23 million (US$ 46 million) for the business, which will be integrated into Pennon’s subsidiary, Viridor Waste Management Limited. ... more
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Shanghai port expects 10% growth |
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March 25, 2008.
The container throughput of Shanghai's seaport is expected to see stable growth of about 10% a year until 2010, the China Ports Future Forum says. The projected growth is attributed to the booming economy in the Yangtze River Delta and preparations for the 2010 Shanghai World Expo, Xu Peixin, director-general of the municipal port administration, said. ... more
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Innovative scheme to recycle old skis |
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March 24, 2008.
After much research, a company based in Albertville, France, has discovered a way of recycling used ski gear. ... more
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Aluminium recycling venture in China |
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March 24, 2008.
US company China Direct has launched a new venture in China to recycle aluminium powder. The new venture, to be known as CDI Recycling, will be 83.3%-owned by CDI Shanghai Management Co. Ltd - a wholly-owned subsidiary of China Direct. ... more
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Patent Infringement |
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March 22, 2008.
International Warning about Patent Infringement and Fraud.
Im Shareholder and private Owner of the following Patent's: DE 197 11 050 and US 6.924.319 Devulcanization of Rubber.
I never gave Magunm D'Or Recources Inc. Ft. Lauderdale a Licence to use our/my patent's.
The German Spreelast AG in Hands of a Swindler, Thief, Liar and Debtor, with the Name Mr. Felix Eugen Assfalg(German Citizen) have no any right's to give any one Licence to third parties. Spreelast have no Devulcanization Patent's of Rubber.
King & Krieg Inc. informed and worte a Charge/Complaint to the FBI and SEC about it.
... more
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AERT opens plastic processing facility |
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March 20, 2008.
In order to reclaim post-industrial plastic materials for use in the company’s building products, Advanced Environmental Recycling Technologies, Inc (AERT) has opened a plastics recycling plant at Watts, Oklahoma, USA. ... more
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Lack of shipbreaking forces Bangladeshi mills to close |
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March 20, 2008.
The high price and scarcity of raw materials have forced around 100 of Bangladeshi’s steel re-rolling mills to close in the past two years, with the loss of tens of thousands of jobs, according to industry leaders. The crisis has been caused by increased global demand for scrap metal and the decline in the country's ship breaking business, one of the key suppliers of scrap to the local mills. ... more
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Nucor to buy Metal Recycling Services |
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March 19, 2008.
North American steel products manufacturer Nucor Corp. has agreed to purchase the assets of Metal Recycling Services Inc. (MRS) of the USA. The deal is slated to close within 30 days. ... more
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Alter Trading plans Hong Kong office |
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March 18, 2008.
US scrap processor Alter Trading is to open an office in Hong Kong. The intention is to increase the company’s current business in China and focus on expansion of other markets in the Pacific Rim. Alter will retain its representative office in Shanghai, China.
Robin Cai, formerly of Alter’s Shanghai representative office, will manage the Hong Kong base, which will operate under the title of Alter Metal Recycling Hong Kong Limited. With offices in the North Point area, Alter will further centralise its marketing and trading activities in the region. ... more
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Hydro invests in Taiwan remelt plant |
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March 18, 2008.
Aluminium producer Norsk Hydro is to purchase a 45% stake in Taiwan’s new Famco aluminium remelt plant. With an initial extrusion ingot production of around 75 000 tonnes per annum, the plant is expected to be in operation by the end of 2008 and will be supplied with scrap from around Taiwan. ... more
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Asian electronic companies top Greenpeace guide |
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March 18, 2008.
In the latest edition of the Greenpeace Guide to Greener Electronics, mobile phone manufacturer Nokia has missed on the first spot and is in third place as a result of poor takeback practices in India and Russia, paving the way for electronics manufacturers Samsung and Toshiba to share the top spot with score of 7.7 out of 10. Nintendo, with a score of 0.3 out of 10, stayed in last place. ... more
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Daniel Dienst new global CEO of Sims |
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March 17, 2008.
Sims Group Ltd boss Jeremy Sutcliffe has stepped down from the Chief Executive role after the world's largest scrap metal recycler finalised a US$1.6 billion (Euro 1.3 billion) merger with US-based Metal Management Inc.
Mr Sutcliffe, who has been the chief executive of Australia's Sims for the past six years, will remain as an Executive Director of the company until at least October 2009. ... more
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Weyerhaeuser offloads packaging and recycling operations |
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March 17, 2008.
One of the world’s leading paper producers, Weyerhaeuser, has announced the sale of its Containerboard Packaging and Recycling (CBPR) business to its rival International Paper for US$ 6 billion (Euro 3.85 billion) in cash. Weyerhaeuser says it expects to use a substantial portion of the after-tax proceeds from the sale to pay down debt. ... more
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