FCC Environment bags Texas contract; JV for WEEE recycling expansion; Australia’s waste processing facility; Canadian paint recycling plan; Solid waste management deal in Brazil
FCC Environment bags Texas contract
Spain-based FCC’s British unit has won a five-year contract from the city of Houston to manage waste. The contract is valued at $37m (£23m). FCC’s other businesses in the United States, are now all handled by FCC Environment.
Fox News Latino
JV to expand WEEE recycling
UK-based E-Waste Systems (EWSI) has signed an agreement to form a joint venture with India’s Aruls Environmental and Green Ozone (AEGOPL) to develop and expand reverse logistic operations in North America, India and Southeast Asia. Under the terms of the deal, AEGOPL will provide working capital to develop WEEE projects in the New York area, followed by a subsequent investment to expand EWSI’s operations there. The firms will also establish a regional and/or national WEEE recycling and environmental business in India.
Organic waste recycling law
Although food businesses in New York are required to recycle their organic waste from 1 July 2015, the law bringing in the change includes a provision to postpone it until food establishments have an affordable recycling facility nearby. Waste Management has a pilot project in north Brooklyn which could be ready in late 2015 to help analyse the economic feasibility of such plants.
Crain’s New York Business
Recovery facility in Australia
Omega Energy is proposing to construct an AUD160m (£84m) resource and energy recovery plant at the Hunter Industrial Ecology Park at Weston in Australia. The facility will heat waste to produce synthetic gas. The first stage would involve treating 90,000 tonnes of waste per year.
Paint recycling plan in Canada
Waste Diversion Ontario (WDO) in Canada has approved an industry-led plan which will result in increased diversion of paint from Ontario’s landfills and provide more opportunities for consumers to recycle. WDO undertook an 18-month assessment to determine its potential effects on the environment, marketplace and stakeholders.
WEEE plant in US
India-based WEEE firm Attero, is looking to invest $2m (£1m) in a recycling plant in the US by the end of 2015. “We are looking at setting up plants in the US and parts of Europe. In these locations there is absolutely no e-waste management, which motivates us to be there”, says Rohan Gupta, COO of Attero.
Solid waste management deal in Brazil
Brazilian engineering company Solví has finalised a deal with solid waste management firm Estre Ambiental to gain full control of local environmental solutions company Essencis. Solví has paid around BRL500m (£122m) for Estre’s 50% share of Essencis. The deal is part of Estre Ambiental’s aim to reduce its BRL1.8bn debt, mainly due to recent acquisitions.
Acquisition of German waste to biofuel producer
US biofuel and renewable chemical company Renewable Energy Group (REG) European Holdings is to acquire Israeli alternative energy firm IC Green Energy’s (ICG) 69% equity ownership in German biodiesel producer Petrotec. Closing of the transaction is expected before the year end.
US dealer accused over tax scam
US-based scrap metal dealer Tri State Metal is to admit federal tax and currency transaction charges in a scheme involving cheques issued to people who did not exist and for cash paid to employees. The company negotiated numerous sums of less than $10,000 to avoid reporting them to the Internal Revenue Service, according to the criminal complaint filed in federal court in Chicago.
Philippines’ third nickel plant
Philippines miner TVI Resource Development (TVIRD) is considering building what could be the Southeast Asian country’s third nickel processing plant ahead of a possible ban on exports of unprocessed ore. If the plant is feasible, TVIRD plans to construct and commission it by 2016 at a cost of least $150m (£9.6m).