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World news round-up 28 August 2014

Umicore acquires CP Chemicals; GTSO creates JV for Bolivian expansion; Recycling of manufacturing waste; Swiss EfW plants; Turkish steel exports hit by US anti-dumping duties

Umicore buys CP Chemicals of US

Belgian recycler Umicore has snapped up CP Chemicals, a US refiner and recycler secondary materials containing of cobalt and nickel. CP Chemicals will be incorporated into Umicore’s Cobalt & Specialty Materials business unit. The deal will give a platform for Umicore in North America with new cobalt and nickel recycling capabilities to supply its existing businesses. Separately, Umicore has won a contract from Global Tungsten and Powders to recycle cobalt-containing hard metals scrap.

Recycling Today

GTSO and Chilerecicla gear up for Bolivian expansion

US-based Green Technology Solutions (GTSO) has formed a joint venture with its partner and South America’s top WEEE recycling firm Chilerecicla to expand its recycling business operations into Bolivia. The JV will boost the metal scrap volume shipped to smelters across the region. GTSO’s chief executive Paul Watson said, “Our partner has already signed an agreement with one of Bolivia’s largest e-waste operators and the initial purchases of raw e-waste materials are expected to begin this week.”

Scrap Register

Manufacturing waste recycling at 85%

Dr Pepper Snapple Group’s sustainability report reveals that the US soft drinks company’s recycling rate of its manufacturing waste stood at 85% in 2013, up from 82% in 2012. The firm says it is on track to reach a target of 90% by 2015, according to its ‘We Do Things with Flavor: 2014 Sustainability Report’.

Scrap Monster, 25 Aug

EfW centres agree to reduce CO2 emissions

Swiss energy-from-waste (EfW) plant operators have signed a deal with the Federal Department of Environment, Transport, Energy and Communications to reduce net CO2 emissions. Under the terms of the contract, they commit to minimise emissions to 940,000 tonnes by 2020 in exchange for exemption from an obligation to take part in the emissions trading system.

EUWID, 26 Aug

Italian aluminium smelter to shut down

Alcoa will permanently close an aluminium smelter in Italy to cut down its production costs around the world. The closure will shrink the company’s global smelting capacity to 3.6 million tonnes a year.

Sky News

China appeals against US aluminium extrusion duty

China has appealed to the World Trade Organisation against the US decision to levy duties on the exports of aluminium extrusions. The US says that the state-owned enterprises under-paid primary aluminium consumers in China.

Metal Bulletin

Rusal emerges from red

United Company Rusal swung to second quarter profit of $129m (£78m) from a loss of $203m a year ago, thanks to higher aluminium prices, cost cutting and smelter closures. The outlook remains bullish for aluminium prices due to increasing demand from automakers and supply cuts outside China. The company anticipates further gains as it foresees global supply deficit increasing in the second half of the year to 1.5 million tonnes.

Reuters Africa


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