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World news round-up 2 October 2014

US aluminium can recycling rate reaches 66.7%; Treatment plant in India; EfW incinerator proposal cancelled; Oilfield waste facility near Bill; Glencore slashes jobs at copper mine

Aluminium cans recycled more

The recycling rate in the US for used aluminium beverage cans reached 66.7% in 2013, the third time in a row the rate topped 65%, says the Aluminum Association, the Can Manufacturers Institute and the Institute of Scrap Recycling Industries. According to the Aluminum Association, much of the growth in recent years has come from the addition of imported cans entering the US recycling stream from Canada, Mexico, Saudi Arabia and other countries.

Recycling Today

http://bit.ly/1CG63Ms

Oilfield waste facility in US

GGH Wyoming has opened a Grasslands Environmental oil field waste disposal facility near Bill in Wyoming. The facility will serve the disposal and water needs of the state’s oil and gas exploration and production industry at a single location. The facility will become operational in phases during next year.

Douglas Budget

http://bit.ly/1mPAJXZ

Investment in Bulgaria’s copper plant

German copper producer Aurubis is planning to invest €75m (£59m) in a plant in Pirdop, Bulgaria. Around €25m of the money has been set aside for 2015, while another €50m will be earmarked for a renovation programme in 2016.

Novinite

http://bit.ly/1vwsBvZ

Dispute over cotton subsidies resolved

The US and Brazil have reached an agreement following a trade dispute on cotton subsidies. In 2002, a complaint was filed by Brazil over the US subsidies to cotton growers. Brazil, which claimed the practice disrupted trade, won the case and was allowed to impose $830m (£512m) in penalties against US companies and the US agreed to pay Brazil’s cotton industry $147m in annual aid. The payments ended in October 2013.

Bloomberg

http://bloom.bg/1rGIgIP

Glencore slashes jobs at copper mine

Glencore has axed about 570 jobs at its Queensland copper operations in Australia since acquiring Xstrata last year. It is also planning to close the Mount Isa smelter in 2016. But the mining company says it may grow copper concentrate production from Australia by more than the previous production. Glencore has also closed a small magnetite iron ore operation and open pit mining at Mount Margaret and streamlined its copper management structure.

The Australian

http://bit.ly/1ppY3Hl

Creative Recycling shuts Durham facility

Creative Recycling Systems has closed its operations at Durham, US. It filed for Chapter 11 bankruptcy protection after Regions Bank filed a lawsuit against the company seeking $18.7m (£12m).

Biz Journal

http://bit.ly/1wXDrLF

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