- FCC Environmental Services has won a new contract for the collection and processing of recyclables from Garland, TX. The contract is worth approximately $6 million and will run for five years.
- The company will collect more than 11,000 tons of material per year and take it to a new material recovery facility (MRF) in Dallas.
- This is the sixth U.S. contract agreement for FCC in the past two years and the fourth in Texas.
This U.S. subsidiary of the Spanish FCC Group has gained notable ground in the U.S. market recently. This started with a contract to transport biosolids for Houston and ramped up with the $20 million Dallas MRF project. Under a 15-year contract with the city, FCC has exclusive rights to process up to 120,000 tons of material per year.
That facility has allowed FCC to take on more contracts in the region. Last fall, the company won a contract to collect recyclables from the Dallas suburb of University Park. FCC has also been expanding into the Florida market with two contracts so far, including a recent deal to split Polk County with Advanced Disposal.
The FCC group's larger network includes 120 recycling facilities and 10 waste-to-energy facilities in more than a dozen countries. Unlike in the U.S., funding for new WTE projects has been more robust overseas and the company has recently been involved in constructing multiple facilities. Though the business potential for new recycling contracts is still high in the states and has also attracted the attention of other European investors such as Suez.