Increased recycling capacity in Novelis’ Brazilian plant; World crude steel output; Lehigh’s fund-raising; First EfW plant in Baltics; Samoa recyclable waste
$106m to boost annual capacity of Brazilian recycling complex
Novelis has announced that it will increase the annual capacity of its recycling complex at Pindamonhangaba, Brazil, from 200,000 to 390,000 tonnes when fully commissioned later this year. The investment supports the company’s long-term commitment to increasing the recycled content in its products to 80% by 2020. The recycling centre is already the largest in South America. The combined projects will cost the company about $106m (£64m).
World crude steel production sees 1.7% rise in July
Worldsteel data shows a 1.7% increase in world crude steel production to 137 million tonnes during July. Chinese production for the month was up by 1.5% year-on-year to 68.3 million tonnes, while Japan produced 9.3 million tonnes last month. South Korea saw 6.2% surge on July 2013; Turkey was up by 1%; US output grew by 2.3%; Brazil production rose by 0.5%. The UK produced one million tonnes of crude steel, down 4.4% compared with July 2013.
Steel Times International
Global expansion prompts Lehigh Technologies to grab $11m
US-based tyre recycler Lehigh Technologies has raised $11m in venture capital for global expansion. The company, which converts discarded car tyres and other post-industrial rubber into micronised rubber powder, has already secured $7m of the planned fund-raising.
Atlanta Business Chronicle
43 emerging biogas projects worth £782m
The global market is seeing a strong hold of biomass for power generation, according to the July 2014 analysis of the Waste Business Finder database. The analysis recognised 43 emerging biogas projects, with a value of about $1.3bn. The popularity is being driven by the array of biomass types - from animal/agricultural waste, through domestic food waste to forestry residues; which allow countries to specialise in the types most available to them.
Solid Waste & Recycling
Baltics gets first EfW combined heat and power facility
Fortum has inaugurated the first of its kind energy-from-waste combined heat and power facility in the Baltic states. The new power plant, located in Klaipeda, Lithuania, will replace natural gas-fired heat production and cut down CO2 emissions by approximately 100,000 tonnes a year. Built with a total investment of LTL435m (£100m), it uses municipal and industrial waste as well as biomass as fuels to provide district heating.
Garbage management roadmap in Bangkok
A ‘management roadmap’ for rubbish that aims to increase efficiency in handling waste and landfills has been approved by Thailand’s National Council for Peace and Order. The roadmap would create new values among people about proper waste disposal through schools, sorting at source and landfills, and conversion of waste to energy and biogas. The roadmap will also allow room for the private sector to invest and manage waste and overhaul waste management in six provinces.
Alba’s scrap recycling division moves to profit in first half
German group Alba’s ferrous and non-ferrous scrap recycling division swung to a pre-tax profit of €600,000 (£480,000) in the first half of this year from a pre-tax loss of €10.8m in the corresponding period last year. Turnover slumped to €595.2m in the first six months against €719.3m in the same period a year earlier. The fall in revenue was due to lower prices. The amounts of both ferrous and non-ferrous scrap handled stood at 1.18 million tonnes.
Potential seen in Samoa recyclable waste
Pacific Recycles of Samoa says that domestic recycling scrap of tyres and plastic bottles is the key to waste management because they have a low market value. The recycler has been working with an Australian firm to examine the viability of recycling in on the island. Manager Silafau Ioane Sio says he would like to see container deposit legislation in the country, which would see importers paying a fee for each container.