Formed of the waste management expertise of Reclay and the recycling capabilities of Borealis, Recelerate would grow from existing shared strengths across European markets, the two companies announced in a joint press release. Austrian chemical company Borealis – an international provider of polyolefins, base chemicals, and fertilizers – and the German Reclay Group – an […]
According to Sensoneo, the provider of smart waste management technologies, the new solution ensures that only authorized citizens can use the bins and facilitates the implementation of Pay-as-you-throw (PAYT) within apartment houses and high-rise buildings. It is installed in the town of Dubnica, Slovakia. “Complaints about ‘waste tourists’ within housing estates areas who use the […]
Multinational professional services network Ernst & Young Global Limited, doing business as EY, has joined the Alliance to End Plastic Waste. According to the UK-based company, EY experience across chemicals, manufacturing, supply chain and finance, would help the alliance – an industry-founded and funded non-governmental and non-profit organization based in Singapore – develop more effective […]
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, […]