Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of MRW, please enable cookies in your browser

We'll assume we have your consent to use cookies, so you won't need to log in each time you visit our site.
Learn more

Global News - 07 September 2013

MRW brings you markets, business and policy news from around the world.


Sims Metal Management posts significant loss

Scrap metal recycler Sims Metal Management reported a net loss of Au$466m (£268m) for the year ended 30 June.

Inventory write-downs, goodwill impairments, restructuring costs and other extraordinary charges resulted the metals giant positing negative results for the second consecutive year.

Revenues were also in decline, falling 20% due to lower scrap prices and sales volumes.

SMM is now looking for a new chief executive after Daniel Dienst stepped down from the position on 30 June.

EUWID, 28 Aug



Denmark reduce EfW and move to recycling

The Danish environment minister has announced a new waste management plan to reduce the amount of waste sent to incineration.

Ida Auken said the new strategy may bring about a “paradigm shift” in how Danes handle waste by promoting the separate sorting of recyclable material.

She said: “The goal is definitely to recycle more and incinerate less. That is a paradigm shift for Denmark, because so far, we have been the world champions of waste incineration.”

Some 50% of Danish household waste is currently processed in energy from waste facilities.

The Copenhagen Post, 26 Aug


Dutch firm turns food waste into plastics

Dutch waste manager Attero is developing a process to produce plastics from vegetable, fruit and garden waste.

Attero is planning to launch a pilot plant in 2014, with commercial production starting in the following four years.

Attero project developer Olaf Fennis said the company has received support the Dutch government through the SDE+ initiative, which compensates the difference between the production price and the market price of renewable energy, including electricity, heat and gas, to stimulates the production of energy from renewable sources., 28 Aug



Covanta signs deal for NYC waste

Covanta has entered a 20-year agreement with the New York City’s Department of Sanitation for the transport and disposal of municipal solid waste.

The waste will be delivered to two marine transfer stations in Queens and Manhattan via sealed containers using a multi-modal approach that includes barges and railcars so to reduce long-haul truck transportation.

Anthony Orlando, Covanta president and chief executive, said: “New York City is a leader in addressing climate change which makes us particularly proud that they chose Covanta and our Energy-from-Waste solution to help achieve one of their important sustainability goals.

“This contract is also important to Covanta because it will provide a significant and stable base of revenue, further enhancing our already predictable business model.”

Solid Waste & Recycling, 27 Aug



Hong Kong-US collaboration cracks down illegal exports

Hong Kong played a key role in the United States’ first successful conviction of a US recycling company for smuggling hazardous electronic waste.

Hong Kong supplied evidence to the US authorities after the interception of seven containers loaded with hundreds of cathode ray tubes in Hong Kong in 2008, which helped to convict US recycler Executive Recycling and its executives.

Colorado-based Executive Recycling was found to have falsely claimed the electronic waste from businesses and the government would be handled locally. Instead, it shipped the waste overseas, with some of it ending up in China.

The firm was fined $4.5m (£2.9m) and its owner and chief executive, Brandon Richter, was jailed for two and half year.

South China Morning Post, 28 Aug


Typhoon slams e-scrap hotspot in China

A typhoon that struck southern China in mid-August has caused severe flooding and widespread damage in Guangdong province, raising environmental and health concerns in an area known for its intake of e-waste.

The cities of Guiyu, Shantou and Puning were hit hardest by the typhoon catastrophe, according to Shanghai-based journalist Adam Minter.

Minter said the after-effect had shut down e-scrap processing and ruined current e-scrap inventories.

Resource Recycling, 28 Aug


Singapore to open ash recycling facility

Singapore’s National Environment Agency (NEA) has opened a tender for a facility to recover metals from incineration ash.

The plant will recover ferrous and non-ferrous metals, such as aluminium and copper, from bottom ash generated at the four EfW facilities in Singapore

More than 1,500 tonnes of bottom ash are produced every day in Singapore, and the NEA expects that the figure to reach 2,100 tonnes by 2023.

The recovery facility is part of the government plans to put incinerated ash to greater use and prolong the lifespan of the country’s landfills.

Eco-business, 26 Aug


Delhi Uni launches e-waste disposal service

Delhi University has installed the first e-waste drop box, with the aim of raising awareness on safe disposal of electronic equipment.

E-waste recycler dataserv APAC will be responsible for the collection and disposal service.

Amit Sardana, managing director at dataserv APAC said: “India is a growing contributor to the e-waste generated across the globe, and if this waste is not handled in an environmentally sound manner, it can cause major problems.

“Young people, particularly college students are active users of e-products. It is crucial to encourage them to responsibly dispose-off e-waste that is generated.”

Znews, 26 Aug



Producer waste law draft for Chile

The Chilean gevernment has drafted the country’s first recycling law, which focuses on making producers responsible for reducing and recycling waste.

Environment Minister María Ignacia Benítez said that more recycling facilities would be set up to meet the requirements of the new law.

According to the Chilean environment ministry, residents of the capital Santiago produce around three million tonnes of waste a year, of which only 10% is recycled.

The Santiago Times, 26 Aug



Israel introduces e-waste law

Israel has passed a recycling law that will require electronic goods manufacturers to recycle a propotion of the equipment they sell.

Appliance makers, importers and distributors will need to recycle 15% of what they put onto market, with the percentage to increase to 50% in 2021.

Trade-ins will be available for large household appliances. Shops will have to buy customers old electronic equipment when selling them new ones.

Companies that fail to meet the recycling quota will be fined 3,000 shekels (£528).

Haaretz, Aug 26

Algerian minister urges recycling investments

The Algerian Environment minister said that Algeria is losing nearly €300m (£257m) per year as a result of not recycling waste materials.

Dalila Boudjemaa said that recycling is a “beneficial investment and a source of new jobs through the creation of small enterprises.”

Some 2000 small businesses are now operating in several industries related to the protection of the environment such maintenance and recycling.

The volume of waste arising in Algeria is estimated at 13.5 million tonnes per year, with 60% of it being recyclable but only 5 or 6% actually reprocessed, the minister said.

She then urged investors to focus their efforts on the development of a recycling industry in the country.

Algérie Presse Service, 27 Aug


Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.