Recycling: Page 25
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Innovation takes center stage at Sustainability in Packaging conference
Speakers came at sustainability from all angles, including equipment digitization and debating the nagging question of whether consumers will pay more for products containing PCR.
By Katie Pyzyk • March 15, 2023 -
Waste and recycling companies seemingly unscathed by SVB collapse but continue to monitor fallout
Initial reports indicate the industry’s largest companies, as well as tech-focused startups with a history of venture funding, aren’t directly affected. Questions remain around what implications the incident will have on access to capital.
By Cole Rosengren • March 14, 2023 -
Washington’s WRAP Act, including EPR and bottle bill plans, won’t move forward this year
The legislation gained attention as a significant overhaul to Washington’s recycling system, but waste industry opposition contributed to it failing to receive a House vote before a key deadline.
By Megan Quinn • Updated March 13, 2023 -
Rubicon doubles down on higher-margin software business in ongoing push to boost profitability
After weathering challenges and executive changes, the tech-focused waste broker projects a turnaround. In addition to noting price increases on waste accounts, Rubicon touted a software expansion for commercial fleets.
By Cole Rosengren • March 9, 2023 -
Plastics recyclers examine influence of secondary sortation, legislation and flexible packaging on PCR markets
Speakers from Republic Services, AMP Robotics, IHS Markit, NOVA Chemicals, Eunomia and others discussed how to advance their efforts at this week’s Plastics Recycling Conference.
By Megan Quinn , Maria Rachal , Jacob Wallace • March 8, 2023 -
Major solid waste and recycling companies spent nearly $6.3B on acquisitions in 2022
The multiyear trend of heightened deal spending continues. Catch up on financial details and 2023 M&A outlooks from WM, Republic Services, Waste Connections, GFL Environmental and Casella Waste Systems.
By Cole Rosengren • March 8, 2023 -
4 ways the waste and recycling industry can build relationships with lawmakers
A range of industry professionals with legislative backgrounds shared advice at this week’s Plastics Recycling Conference about how to help the sector’s issues get attention.
By Megan Quinn • March 7, 2023 -
RoadRunner Recycling lays off 10% of its workforce
The Pittsburgh-based waste and recycling technology company, which raised $90 million and acquired Compology last year, is scaling down to weather a more challenging business environment, it said.
By Cole Rosengren • March 7, 2023 -
EPR ‘crucial’ to hitting resource recovery goal, GFL exec says
Packaging and waste management stakeholders, including GFL Environmental’s vice president of resource recovery, discussed emerging policy battlegrounds at a Product Stewardship Institute webinar.
By Maria Rachal • March 3, 2023 -
Waste companies shake off lackluster Q4 commodity prices with recycling investment plans for 2023
While companies such as WM, Republic Services and Waste Connections saw an annual decline in overall recycling revenues, updated contract structures and ongoing MRF investments are helping their profitability.
By Megan Quinn • March 1, 2023 -
Honda signs supply deal with Ascend Elements for recycled battery materials
The deal comes as automakers and battery suppliers ramp up production capacity.
By Kate Magill • March 1, 2023 -
Bottle bill or ‘recycling refund’ legislation? Advocates commit to 2023 policy push
More than a dozen organizations voiced support for passing container deposit laws in 2023 and changing some terminology to garner more support. Some MRF representatives are wary.
By Megan Quinn • Feb. 27, 2023 -
US Plastics Pact makes varied progress on circular packaging; 2025 targets may be out of reach
Executive Director Emily Tipaldo praised data collection that’s occurred since 2020, even as maximizing reusable, recyclable or compostable packaging has run into barriers.
By Maria Rachal • Feb. 27, 2023 -
Stericycle touts revenue improvements, previews 2023 capital investments
CEO Cindy Miller said the company continues to grow revenues and bounce back from inflationary pressures, settlement costs and divestiture impacts in 2022. It’s looking ahead to a Nevada facility opening and other investments.
By Megan Quinn • Feb. 24, 2023 -
Q&A
To raise recycling rates, The Recycling Partnership advocates for packaging EPR in every state
A new report from the group says “smart, well-designed” extended producer responsibility for packaging will dramatically boost recycling. Policy and government lead Dylan de Thomas discusses what that could look like.
By Megan Quinn • Feb. 22, 2023 -
CWST 2022 earnings
Casella previews ‘robust’ year of pricing to offset inflation; notes more acquisitions ahead
The Vermont-based company reported favorable Q4 results. Executives also previewed upcoming RNG projects, investment in a rail-served landfill and further growth through acquisitions.
By Megan Quinn • Feb. 17, 2023 -
Q4 earnings results for major waste and recycling companies
Follow the latest results from WM, Republic Services, Waste Connections, GFL Environmental, Casella Waste Systems, Clean Harbors, Stericycle and Rubicon as they close out 2022 reports and give guidance for 2023.
Updated March 9, 2023 -
WCN 2022 earnings
Waste Connections ends 2022 favorably despite headwinds; spent $2.3B on acquisitions
Waste Connections executives expect a strong start to 2023 due to anticipated acquisitions activity, as well as minor improvements in recycled commodity and energy credit values.
By Megan Quinn • Feb. 16, 2023 -
RSG 2022 earnings
Republic says it’s ready for any economy; M&A remains a priority after spending $2.7B in 2022
Executives said they anticipate growing revenue potential from the company’s environmental solutions division. The company also previewed upcoming plastic recycling center investments and acquisition plans.
By Cole Rosengren • Feb. 16, 2023 -
What’s in store for state recycling policy in 2023?
Recycling policy experts from Colorado, Connecticut, Michigan and Washington predicted the legislative season’s biggest trends in a live panel discussion with Waste Dive.
By Megan Quinn • Feb. 15, 2023 -
RTS acquires Cycle in effort to broaden reverse vending systems at sports stadiums and events
Recycle Track Systems will offer Cycle’s RVMs as part of its expanding stadium and recycling rewards business. The companies recently debuted a new machine at the Super Bowl.
By Megan Quinn • Feb. 15, 2023 -
Waste and recycling industry leaders discuss the operational impact of corporate ESG trends
LRS CEO Alan Handley and Vanguard Renewables Chief Sustainability Officer David Darr recently joined Waste Dive for a live discussion about investment trends, sustainability reporting, customer expectations and more.
By Waste Dive Staff • Feb. 15, 2023 -
Lawmakers call for EPA to more tightly regulate plastic production and cut ties with chemical recycling
In a letter, lawmakers urged Administrator Michael Regan to carry out provisions first outlined in last year’s Protecting Communities from Plastic Act, saying the agency can do more to curb plastic pollution.
By Megan Quinn • Feb. 14, 2023 -
Production begins at Circularix’s inaugural rPET facility
The company, which is a joint venture between Macquarie Group and HPC Industries, plans to open four additional PET recycling facilities in the next two years to meet growing demand.
By Katie Pyzyk • Feb. 14, 2023 -
Sonoco reports ‘pivotal year’ of growth driven by consumer packaging demand and M&A
During a recent earnings call, CEO Howard Coker touted the importance of the company’s metal packaging acquisition — its largest ever — and why he thinks it “feels like we are in a recession.”
By Katie Pyzyk • Feb. 13, 2023