Sita sells four sites in Germany and buys a Dutch business; Covanta deal challenged in the courts; Chinese to build South African steel plant; ISRI adds directors; Thailand drafts rules to handle WEEE; EFW plant in Nigeria; India to overtake China in cotton production
Remondis and Sita deal approved
The German competition agency Bundeskartellamt has cleared Remondis to buy four Sita waste management sites in Germany. The four sites are in Radolfzell, Talheim, Trossingen and Pfullingen. Initially, Remondis wanted to acquire seven Sita locations but the agency ruled that seven in the one region would considerably restrict competition for collection and transportation of material in Baden- Württemberg.
Sita buys recycling division of Houweling
Sita has acquired the recycling wing of the Dutch Houweling Group, which concentrates on containers, transport and warehousing. Houweling’s recycling activities encompass two production lines for recycling hard waste plastics. The financial details of the deal have not been disclosed.
Lawsuit filed over Indianapolis recycling deal
An agreement between Covanta and the authorities in Indianapolis to construct a $45m (£28m) recycling facility has been challenged in the courts by two paper companies and a private individual. Graphic Packaging International and Rock-Tenn Converting and the individual have filed a petition over allegations the Indianapolis Board of Public Works violated public bidding requirements and state law governing the collection and disposal of waste.
Chinese steelmaker to build South African plant
China’s Hebei Iron and Steel plans to build a five million tonnes a year steel plant in South Africa. It has signed an initial agreement for the project with South Africa’s Industrial Development Corporation and the China-Africa Development Fund. Hebei will hold 51% stake in the venture. The location and cost of the deal still remains undisclosed.
Thailand preparing legislation to manage WEEE
Thailand’s Pollution Control Department has drafted a legislation to manage WEEE, which would be implemented early next year. The legislation aims to bring better disposal of hazardous waste in the country. The enforcement necessitates entrepreneurs to register and submit a waste disposal annual report so the agency can review the company’s performance on waste management. The penalty includes a THB100,000 fine for not registering or a THB200,000 fine for not following the waste management plan.
ISRI adds two board members
The Institute of Scrap Recycling Industries has appointed Paul Brenner of Brenner Recycling and Scott Miller of Sims Metal Management to its board of directors. Both will serve as directors-at-large through the 2016 term.
EfW project in Nigeria’s Oyo state
Oyo state government has partnered with Highland Energy Solution Services (HESSL) to build a $25m (£15m) energy-from-waste power plant in Nigeria’s Ajakanga village. HESSL will exclusively fund the project. The plant is expected to commence full operation within the next one year.
Blue Sphere and Environmental Services to build EfW plant
Blue Sphere has partnered with Environmental Services to construct an energy-from-waste plant at Negev in Israel at an investment of NIS100m (£17m). According to the country regulations, the project will be entitled to a licence to produce and provide electricity for Israel Electric Corporation (IEC). The duration of the licence is 20 years and IEC is obliged to buy the electricity that Blue Sphere produces.
India outshines China in cotton production
The US agriculture department has stated that India will be the world’s top producer of cotton this year, pushing China from the top spot for the first time in over 30 years. It comes as the country’s textile industry has lost a competitive edge due to high labour and raw material costs forcing some yarn makers to shift production overseas.
JSW Steel boosts presence in Italy
Italy’s steel plant Lucchini has received a binding offer from India’s JSW Steel for its core assets in Piombino. Lucchini was formerly owned by Russia’s Severstal. It was declared insolvent in 2012 and having been under special administration since 2008.