USA: AllianceBernstein Launches Three New Active Equity ETFs

In March this year, AllianceBernstein Holding L.P. (AB) and AllianceBernstein L.P., a leading global investment management and research firm, announced the launch of three new active exchange-traded funds (ETFs) on the New York Stock Exchange (NYSE). Global liquidity provider Citadel Securities would be the Lead Market Maker on these products, “bringing extensive industry experience and […]

EuRIC strongly supports the Czech proposal to lower VAT for products made of recycled materials

EuRIC reiterates its strong support for economic incentives as a powerful tool for the transition to a circular and climate-neutral economy. Fiscal instruments are no exception. Thus, EuRIC warmly welcomes the proposal made by the Czech Republic to the Council to explore lower VAT rates for products made of recycled materials and recyclates. Replacing extracted […]

AMCS unveils the AMCS Platform Summer ‘23 edition

AMCS unveils the AMCS Platform Summer ‘23 edition, the second release this year, delivering exciting new productivity features and a dynamic customer experience for environmental, transportation, waste, recycling and resource operators. Continued Digital Transformation provides greater productivity, efficiency, and insights. The release offers important new benefits and features, including: Order-to-Cash Automation to simplify and accelerate […]

FEAD Pledges Commitment of the Waste Management Industry

FEAD pledges commitment of the waste management industry, as Member States struggle to meet recycling targets. FEAD pledges the commitment of the waste management industry to enhancing recycling targets, after a Commission report showed that a significant number of EU Member States fall behind in achieving them. The Early Warning Report (EWR) published on 8 […]

BIR Receives ‘Mother Earth Award’ at Madrid Gala

The Spanish Federation of Recovery and Recycling (FER) recognizes Bureau of International Recycling (BIR) for its commitment to environmental protection and education. On Thursday 8th June, BIR became the 20th recipient of the FER’s prestigious ‘Mother Earth Award’ during FER’s National Congress. Accompanied by cheers from the audience, the award was accepted by Susie Burrage […]

Recyclers Call for a Critical Raw Materials Regulation that Promotes Circularity in Europe

European recyclers warn of a plethora of poorly justified proposed amendments found in ITRE’s draft report on the EU COM proposal on Critical Raw Materials (CRMs) published on 26 and 30 May, 2023. While many tabled proposals highlight the need for transparency ‘when the Commission adds or removes a raw material to the list in […]

Textiles Division: Schlichter: Vast Room for Improvement in Pursuit of Circular Textiles Economy

Some 73% of used textiles are still destined for energy recovery or for landfilling whereas only 1% are recycled in a closed loop. At the same time, the textiles industry is the fourth-largest CO2 emitter, according to Prof. Dr-Ing. Stefan Schlichter of Germany’s Institut für Textiltechnik – Recycling Atelier. “So where we are is not […]

Tyres & Rubber Committee: Pyrolysis Building New Reputation as Complex, High-Investment Business

Rubber recycling from tyres had been rendered difficult in the past because of competition from virgin but technological advances now meant that “the momentum is really changing”, insisted BIR Tyres & Rubber Committee Chairman Max Craipeau, CEO of China-based Greencore Resources Ltd, in his introductory remarks to the body’s latest meeting in Amsterdam on May […]

“The Challenge” Live: Sustainability: The Commercial Case “Show me the Money!”

By Michael Lion, ITC Chairman and host of The Challenge: Lights – camera – action! It was time for another edition of “The Challenge”, the much-acclaimed live (and live-streamed) opening session at the latest BIR World Recycling Convention in Amsterdam. Anticipation was high for the appearance of the show’s regular Three Amigos, but regrettably, co-anchor […]

Stainless Steel & Special Alloys Committee: Under-Threat European Stainless Steel Industry “No Longer Cost-Competitive”

Early 2023 had brought an improvement in market conditions for Europe’s stainless steel sector following the low demand suffered in 2022, reported BIR Stainless Steel & Special Alloys Committee Chairman Joost van Kleef of Netherlands-based Oryx Stainless BV in his opening comments to the body’s latest meeting in Amsterdam on May 22. But as revealed […]