Delta sells Belgium outfit; Indian WEEE market to double; Thailand plans 10 EfW plants; US Steel drops expansion plans; Plastic recycling plant for Ethiopia
Delta to offload stake in Belgian waste management firm
Dutch utility concern Delta is planning to sell its 75% stake in Belgian waste management group Indaver. With this stake sale, Delta aims to substantially improve its debt position.
Indian WEEE market to double by 2018
Companiesandmarkets’new market research report has found that the WEEE recycling market in India is forecast to be worth $3bn (£1.8bn) by 2018. It is projected that the WEEE volume will exceed 2.15 million tonnes by 2018.
Thailand plans 10 more EfW plants
The Natural Resources and Environment Ministry of Thailand is planning to construct 10 more energy-from-waste (EfW) facilities. The ministry is expected to sign a memorandum of understanding to build the plants by the end of this year. The potential locations for the facilities are Nonthaburi, Ayutthaya, Surat Thani, Nakhon Si Thammarat, Chiang Mai, Udon Thani and Loei.
Thailand plans to revamp waste management system
Thailand plans to overhaul the country’s waste management system to tackle the increasing amount of waste in big cities. A full-cycle waste treatment plant is expected to be established soon in Ayutthaya province and the Ministry of Interior will discuss with both the government and private units an overall strategy for the country’s waste disposal system.
Steel firm scraps expansion plans
United States Steel has shelved plans to expand its Minnesota iron ore pellet operations and will not make additional investments at its carbon alloy facilities in Gary, Indiana. In addition, the company’s Canadian unit US Steel Canada will apply for bankruptcy protection after posting operating losses for five straight years.
Plastic recycling plant in Addis Ababa
Coba Impact Manufacturing, a Switzerland-based company, is building a plastic recycling plant in the Nefas Silk Lafto sub-city in southern Addis Ababa, Ethiopia. The facility is being developed at a cost of $5.2m (£3m).