The CapMan Growth Equity III fund has made its first investment in Finnish environmental technology company Tana. The investment has been made together with CapMan Growth’s long-term industrial advisor, Normet Group’s principal owner, Aaro Cantell, and Elo Mutual Pension Insurance Company. Simultaneously, the company’s executive management also invests significantly in the company. Tana’s long-term owner […]
Danish recycling company RGS Nordic, which processes up to one-third of Denmark’s construction waste annually, invests in an advanced robotic sorting plant set to be installed centrally in Copenhagen. The firm wants to ensure better sorting and increased recycling. According to the information, this is done in collaboration with Finnish ZenRobotics and Terex Recycling Systems, […]
Swedish refiner Preem AB, a wholly owned subsidiary of Corral Petroleum Holdings AB (CPH), aims to become the largest producer of renewable aviation fuel in Northern Europe and a major producer of renewable fuels for road transport. For this purpose, the company has entered into a loan agreement totaling approximately 240 million Euro (equivalent to […]
At IFAT in Munich, Dutch-based DeSpray Environmental signed a long-term multi-million contract with the Australian-based ARRG Waste for its aerosol recycling systems. As reported by the provider, this is the first time in DeSpray’s history that its aerosol recycling machines will be shipped to Australia and the Asia Pacific. “With this multimillion-dollar order, DeSpray Environmental […]
An increasing number of companies across various industrial sectors are turning to automation to streamline production processes. This shift aims to leverage technological advancements for enhanced efficiency, boosted production, and improved product quality. Importantly, many industries are incorporating sustainability into their strategic goals, recognizing the need for greener practices for long-term viability. A key component […]
As reported by Ireland-based company ResearchAndMarkets.com, the plastic recycling market in the United Arab Emirates (UAE) is positioned for significant growth in the coming years with an anticipated compound annual growth rate (CAGR) of 5.34 percent. According to recent market research, the market size stood at 0.84 million tons in 2020 and is predicted to […]
BIR President Susie Burrage OBE has appointed Emmanuel Katrakis as the new Chair of the organization’s International Trade Council. Emmanuel Katrakis is Director of Public and Regulatory Affairs at longstanding BIR member company Galloo Group, a leading western European company active in the recycling of metals and technical plastics. He is a well-known figure within […]
The rPET is produced by an Indonesian recycler on two recycling systems from internationally active manufacturer Starlinger. In June 2023, Coca-Cola Indonesia – in partnership with Coca-Cola Europacific Partners Indonesia (CCEP Indonesia) – launched the first bottles made from 100 percent rPET (excluding bottle caps and labels) for its most popular soft drink brands. The […]
US-based Ascend Elements and Polish Elemental Strategic Metals have formed AE Elemental, a joint venture in Poland. The new firm is intended to own and operate an advanced Li-ion EV battery recycling facility in Zawiercie (Poland). Furthermore, the partners plan to build a plant in central Germany. As stated, the companies will jointly own (50/50) […]
In March, the American chemical company Eastman informed that it was selected by the Department of Energy (DOE) as one of 33 companies for award negotiations to support Eastman’s second molecular recycling facility in the USA. The DOE selection would lead the company, which operates its first molecular recycling facility in Kingsport (Tennessee), to announce […]