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World news round-up 24 November 2014

AT&T fined for WEEE dumping; Hedging rules for non-ferrous scrap traders; Vadodara to get waste plants

US firm fined for WEEE dumping

AT&T of US has agreed to pay nearly $23.8m (£15.3m) to settle accusations that it improperly handled hazardous waste during a nine-year period in California. More than 235 AT&T warehouse and other facilities were said to have unlawfully dumped WEEE. The firm has also agreed to spend $28m over the next five years to properly dispose of the materials, which includes batteries, electronic equipment and various gels and liquids. Five other telecom firms are being investigated.

Canadian Business

New hedging rules for scrap traders

The US Commodity Futures Trading Commission has enacted new rules to ensure non-ferrous scrap traders who hedge are better protected in the future. The move comes after several traders were hit by the unexpected bankruptcy of commodities and derivatives trading house MF Global in 2011.

Recycling Today

Waste management plants in India’s Vadodara

Finnish companies are to work with the Gujarat state government to set up animal waste management, solid waste management, sewage treatment plants and an integrated waste management park in Vadodara. Vimalkumar Vaghani, president of Vaghani Groups, said “Various companies in Finland are … interested in coming to India to spread awareness on use of various technologies for the conservation of environment.”

Times of India

Waste tyres sourcing from Redisa

Cement and lime producer PPC has agreed to source waste tyres from the Recycling and Economic Development Initiative of South Africa for use at its De Hoek cement factory in Piketburg. It is also investigating the possibility of using waste tyres in other plants. The tyres would be introduced from the middle of 2015 and could replace 10% of its coal usage.

Business Report

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