In 2021, US-based Rubicon – a digital marketplace for waste and recycling, and provider of software-based solutions for businesses and governments worldwide – achieved a revenue of 583 million US-Dollar. In April this year, Rubicon Technologies LLC published the financial and operational results for the fiscal year 2021: Full-year GAAP (generally accepted accounting principles) revenue […]
In 2019, the Hungarian Pureco-Unit Consortium started its first major investment on the African continent in Kumasi, Ghana. The facility, dedicated to the city’s untreated wastewater, was designed and built under the name “Septopure technology”. As reported by Pureco Group, the wastewater treatment plant put into operation last year is a “significant milestone for both […]
The investment is to support North American automotive customers and reduce carbon emissions. International American aluminum company Novelis Inc. is building a “highly advanced recycling center” for automotive in Guthrie (Kentucky). With an annual casting capacity of 240,000 tons of sheet ingot, the facility (investment: 365 million US-Dollar) is expected to reduce the company‘s carbon […]
Globally there is an increased focus on renewable energy sources, replacing the existing coal-fired power plants with clean fuel power plants that can help reduce the carbon footprint. Renewables Energy Industry comprises of non-thermal (such as Hydro, Solar Photovoltaic (PV) and Wind) and thermal energy sources (such as Bio-Power, Waste to Energy (WtE), Waste Heat, […]
For the first time ever, this year’s World Circular Economy Forum will take place in Africa. WCEF2022 will be organized jointly by the Republic of Rwanda, the African Circular Economy Alliance (ACEA) and The Finnish Innovation Fund Sitra, with international partners. The main event will be hosted by Rwanda, one of ACEA’s founding members. The […]
According to the Bureau of International Recycling (BIR), the consumption of secondary material rose by 6.4 percent to 503.437 million tons. The steel scrap usage figures represent verified data for 79.7 percent of global steelmaking in 2021. Every year on the occasion of the BIR World Recycling Convention in spring, Rolf Willeke, Statistics Advisor of […]
Green bonds play an increasingly important role in financing assets needed for the low-carbon transition. However, there is no uniform green bond standard within the EU. The new European Green Bond Standard wants to ensure that European companies can benefit from green financing and that investors will find the green investments they wish. In May, […]
Managed by Demeter and Cycle Capital, the impact investing Circular Innovation Fund (CIF) aims at scaling growth-stage circular innovations. Cycle Capital and Demeter, two cleantech-focused capital managers, announced one day ahead of Earth Day in April the first close for the new 160 million US-Dollar (about 150 million Euro) Circular Innovation Fund with the participation […]
Backed by private equity investor Abris, one of the largest integrated recycling groups in Central Europe raises 127 million Euro to accelerate its regional expansion. Abris Capital Partners has supported Romania-based GreenGroup in a 127 million Euro (about 133.800 million US-Dollar) fundraising to accelerate its growth and support the surging demand for recycling and sustainable […]
The “Plastic Films & Sheets Global Market” report has been added to the offering of ResearchAndMarkets.com. According to the information, the global plastic films & sheets market size is projected to reach 155.1 billion US-Dollar by 2026 – from 123.8 billion US-Dollar in 2021 – at a CAGR (compound annual growth rate) of 4.6 percent […]