Archive for the Recycling News Category

New York Supreme Court Justice Delays WTE Lawsuit Ruling

The court has decided to wait until a later date to rule on the motions in a lawsuit between the town of Romulus and Circular enerG’s proposed WTE plant.
Waste360 – Waste and recycling information, events, commerce and education

Environmental Groups Slam Amazon’s Non-Recyclable Packaging in the UK

Environmental groups and customers in the United Kingdom are publicly criticizing Amazon for delivering products in non-recyclable plastic packaging.

The post Environmental Groups Slam Amazon’s Non-Recyclable Packaging in the UK appeared first on Environmental Leader.

Environmental Leader

Massive Fire Destroys Massachusetts Recycling Plant

A massive fire broke out at a construction waste recycling plant in North Andover, Massachusetts, last night and continued to burn this morning. The four-alarm blaze completely destroyed the Thompson Brothers Industries facility.

The post Massive Fire Destroys Massachusetts Recycling Plant appeared first on Environmental Leader.

Environmental Leader

Wells Fargo Provided $23 Billion in Sustainable Financing in 2018, Company Says

Wells Fargo & Company announced this week that it has provided $ 23 billion in financing in the first year of its $ 200 billion sustainable finance commitment; the company says 63% of the 2018 funding went toward low-carbon solutions such as green buildings, renewable energy and clean technologies, while the rest … Read more »

The post Wells Fargo Provided $ 23 Billion in Sustainable Financing in 2018, Company Says appeared first on Environmental Leader.

Environmental Leader

Shred-Tech acquired by The Heico Companies

Shred-Tech acquired by The Heico Companies
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The Heico Companies, Chicago, announced that it has completed the acquisition of a majority interest in Shred-Tech Corporation. Shred-Tech specializes in the design and manufacture of mobile and stationary shredding equipment for the document destruction and recycling industries. Based in Ontario, Canada, Shred-Tech also has operations in the U.S., U.K. and Thailand. Heico has partnered in the acquisition with Rob Glass, Shred-Tech’s president and CEO, who will continue to lead the company. 

“Rob Glass and his terrific team have built a high-class company that is a leader in its field; we are excited to work with them to take the company to its next level. We are optimistic that Heico’s array of global resources will help Shred-Tech continue to grow and expand its offering of exceptional products and services to customers worldwide,” Emily Heisley Stoeckel, Heico’s chairman, says.

“We reached a time when some of our founding shareholders were ready to exit the business, and we went on a search for a partner that would provide both a strong, long-term home for the company and its many valued employees and also the resources to continue our growth and development,” Glass says. “With its deep operating expertise, global network of businesses and long-term investing approach, Heico fits that requirement very well, and we are excited to work with it for years to come.”

Shred-Tech designs and manufactures a range of vehicles that provide mobile document destruction and secure document collection solutions for providers of records information management and secure document destruction services. The company also offers an array of stationary and mobile shredding systems for many different materials and applications in the waste management and recycling industries.

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Source: Recycling Today
Shred-Tech acquired by The Heico Companies
<![CDATA[The Heico Companies, Chicago, announced that it has completed the acquisition of a majority interest in Shred-Tech Corporation. Shred-Tech specializes in the design and manufacture of mobile and stationary shredding equipment for the document destruction and recycling industries. Based in Ontario, Canada, Shred-Tech also has operations in the U.S., U.K. and Thailand. Heico has partnered in the acquisition with Rob Glass, Shred-Tech’s president and CEO, who will continue to lead the company.  “Rob Glass and his terrific team have built a high-class company that is a leader in its field; we are excited to work with them to take the company to its next level. We are optimistic that Heico’s array of global resources will help Shred-Tech continue to grow and expand its offering of exceptional products and services to customers worldwide,” Emily Heisley Stoeckel, Heico’s chairman, says. “We reached a time when some of our founding shareholders were ready to exit the business, and we went on a search for a partner that would provide both a strong, long-term home for the company and its many valued employees and also the resources to continue our growth and development,” Glass says. “With its deep operating expertise, global network of businesses…

Carolina Recycling Association

Materials Company Seeks to Impact Plastic Recycling with Technology

Through the process of methanolysis, Eastman’s circular recycling technology breaks down polyester-based products into their polymer building blocks.
Waste360 – Waste and recycling information, events, commerce and education

Dasani Commits to Making Bottles and Cans With 50% Recycled Material by 2030

DASANI recently announced a pipeline of sustainable packaging innovations in support of The Coca-Cola Company’s global “World Without Waste” goal to make its bottles and cans with an average of 50% recycled material by 2030.

The post Dasani Commits to Making Bottles and Cans With 50% Recycled Material by 2030 appeared first on Environmental Leader.

Environmental Leader

NYC program collects 100,000 e-waste items

NYC program collects 100,000 e-waste items
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New York City’s curbside e-waste program has collected more than 100,000 electronic waste items from residential homes since the start of the program less than three years ago, the city reported at a press conference hosted by the New York City Council Minority Leader Steven Matteo and the New York City Department of Sanitation (DSNY) Commissioner Kathryn Garcia last week. 

The curbside pickup program, launched by DSNY and ERI, headquartered in Fresno, California, now serves more than 2.5 million New York residents and has gathered more than 1,700 tons of e-waste. Additional e-waste programs offered by ERI and DSNY also include the ecycleNYC program, which has collected more than 11,000 tons of e-waste. 

“We are honored to be part of this constructive collaboration and this historic and successful partnership with the great city of New York,” says David Hirschler, director of OEM, sustainability and legislative affairs for ERI. “The curbside pickup program and the 100,000 devices we’ve collected to date are just the beginning as the program continues to grow and serve more and more New Yorkers. It’s rewarding to help so many in our city do the right thing and collect and responsibly recycle their e-waste, the fastest growing waste stream in the world today, and keep toxic electronics out of New York landfills.”

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Source: Recycling Today
NYC program collects 100,000 e-waste items
<![CDATA[New York City’s curbside e-waste program has collected more than 100,000 electronic waste items from residential homes since the start of the program less than three years ago, the city reported at a press conference hosted by the New York City Council Minority Leader Steven Matteo and the New York City Department of Sanitation (DSNY) Commissioner Kathryn Garcia last week. The curbside pickup program, launched by DSNY and ERI, headquartered in Fresno, California, now serves more than 2.5 million New York residents and has gathered more than 1,700 tons of e-waste. Additional e-waste programs offered by ERI and DSNY also include the ecycleNYC program, which has collected more than 11,000 tons of e-waste. “We are honored to be part of this constructive collaboration and this historic and successful partnership with the great city of New York,” says David Hirschler, director of OEM, sustainability and legislative affairs for ERI. “The curbside pickup program and the 100,000 devices we’ve collected to date are just the beginning as the program continues to grow and serve more and more New Yorkers. It’s rewarding to help so many in our city do the right thing and collect and responsibly recycle their e-waste, the fastest growing waste stream…

Carolina Recycling Association

Graphic Packaging invests $600M in coated recycled board machine

Graphic Packaging invests 0M in coated recycled board machine
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Graphic Packaging Holding Co., an Atlanta-based provider of packaging solutions to food, beverage, foodservice, and other consumer products companies, has announced that its board of directors has approved a $ 600 million investment in a new coated recycled board (CRB) machine in the Midwest with annual capacity of approximately 500,000 tons. According to a news release from Graphic Packaging, the company is planning to make the investment in either Ohio or Michigan, subject to a number of conditions, including environmental permitting and negotiations currently underway relative to government incentives and labor relations.

The CRB machine is designed to be the largest and lowest cost producer of CRB in North America, Graphic Packaging reports in a news release announcing the investment. Upon completion of the project, the company believes the CRB machine will produce the highest quality coated recycled board product in North America with the lowest caliper capabilities in the industry. 

“We are very pleased to announce our intent to proceed with this significant investment into our integrated CRB platform,” says Michael Doss, president and CEO of Graphic Packaging. “This is a unique opportunity to make a highly strategic investment in sustainable packaging, exceptional product quality and an unmatched cost position for producing CRB. Importantly, the investment will be capacity neutral as we expect to reduce production at other higher cost CRB facilities after we ramp up production of this highly productive CRB machine starting in early 2022. 

“Increasing consumer preference for sustainable packaging is expected to drive steady, long-term demand for packaging solutions manufactured from 100 percent recycled fiber,” Doss continues. “We are confident the investment will deliver returns well above our cost of capital, and remain fully committed to executing our balanced approach to capital allocation as we continue to build a growing, highly integrated, low cost paperboard packaging platform.”

The company expects the investment will be capacity neutral by eliminating higher cost production at other facilities and will deliver an incremental $ 100 million in annualized earnings before interest, taxes, depreciation and amortization (EBITDA) upon full ramp up in 2022. Graphic Packaging reports that the increase in EBITDA will be driven by cost savings from significantly increased scale production, reduced raw material consumption, and lower fixed costs. The investment will be funded from cash flow and existing credit facilities with most of the spending occurring in 2020 and 2021.

Graphic Packaging expects to complete final negotiations and provide an update on the status of the investment, including the location, in late September. The company has also scheduled an Investor Day for Sept. 26 in New York City at the New York Stock Exchange where it will discuss the strategic and financial rationale for the investment in more detail, as well as other key strategic and financial priorities.

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Source: Recycling Today
Graphic Packaging invests 0M in coated recycled board machine
<![CDATA[Graphic Packaging Holding Co., an Atlanta-based provider of packaging solutions to food, beverage, foodservice, and other consumer products companies, has announced that its board of directors has approved a $ 600 million investment in a new coated recycled board (CRB) machine in the Midwest with annual capacity of approximately 500,000 tons. According to a news release from Graphic Packaging, the company is planning to make the investment in either Ohio or Michigan, subject to a number of conditions, including environmental permitting and negotiations currently underway relative to government incentives and labor relations.The CRB machine is designed to be the largest and lowest cost producer of CRB in North America, Graphic Packaging reports in a news release announcing the investment. Upon completion of the project, the company believes the CRB machine will produce the highest quality coated recycled board product in North America with the lowest caliper capabilities in the industry. “We are very pleased to announce our intent to proceed with this significant investment into our integrated CRB platform,” says Michael Doss, president and CEO of Graphic Packaging. “This is a unique opportunity to make a highly strategic investment in sustainable packaging, exceptional product quality and an unmatched cost position for producing…

Carolina Recycling Association

Australia Vows to Ban Recycled Waste Exports

In an effort to keep waste from entering the oceans, Australia’s prime minister is developing a timeline to ban exports of recycled waste.
Waste360 – Waste and recycling information, events, commerce and education