Nampak division to be sold; Suez Environnement opens plastic lab; Olive waste to electricity; Croatia’s landfill site closure programme
South African Nampak division being sold
South Africa-based Ethos Private Equity has entered into a deal to acquire Nampak’s tissue, corrugated and sacks divisions for $143m (£91m). The sale is part of Nampak’s strategy of focusing on its core product segments in South Africa and the rest of the continent. The agreement excludes Nampak’s 50% share of Sancella Proprietary and is expected to be complete by the second quarter of 2015.
Suez Environnement opens plastic recycling lab
Suez Environnement has opened plast’lab, a laboratory in Paris focusing on plastic recycling and with the aim of doubling the production of recycled materials in five years. Production of plastics in Europe has reached 50 million tonnes a year but only 25% of the 25 million tonnes of plastic waste produced is recycled.
Converting olive waste into electricity
Swedish company PowerCell is leading a EU-backed project to create an anaerobic digestion-based system that converts toxic waste from olive oil production into electricity. The pilot plant in San Isidro de Loja, Granada, features a three-part system that begins with producing biogas from the waste. The second step converts the biogas to a hydrogen-rich gas which a fuel cell system generates electricity.
First waste transfer station in Croatia
Croatia launched its first waste transfer station in the northern coastal resort of Porec. It is the first of six transfer stations in Istria County planned to complement the Kastijun waste management centre. The transfer station cost HRK9m (£930,000), 80% of which came from an environmental protection and energy efficiency fund. All landfills in Istria are to be closed and cleaned up before the Kastijun waste management centre is opened.
Municipal solid waste in Cyprus
The total amount of municipal solid waste generated in Cyprus in 2013 was 538,000 tonnes, a decrease of 7%, according to the national statistical service. Of the waste generated in 2013, 79% was disposed in landfills, 9% was collected for composting and the remaining 12% was collected for recycling.
Algerian steel plant capacity expansion
ArcelorMittal’s Annaba steel plant in Algeria has completed a deal with Banque extérieur d’Algérie for two $600m (£383m) credit lines to fund expansion of the plant’s capacity to 2.2 million tonnes by 2017. The project will receive contributions of up to $120m each from ArcelorMittal and Sider Steel.
Steel Times International