Recycling: Page 24
-
Miami-Dade County, Florida, approves $44M in recycling contract extensions with WM and others
Miami-Dade County will continue collection and processing contracts with WM, Waste Connections and Coastal Waste for two more years because officials said they did not have time to conduct a broader search for new vendors.
By Megan Quinn • March 20, 2023 -
Refill and reuse sectors strive for scale to upend single-use packaging’s stronghold
Changing consumer perceptions about convenience and value will be important to achieve greater market dominance, according to speakers from Loop, Clorox and other companies at the Sustainability in Packaging US event.
By Katie Pyzyk • March 17, 2023 -
Closed Loop’s Circular Services expands investment with funding from major CPGs
Microsoft, Nestlé, PepsiCo, SK Group, Starbucks and Unilever recently joined Brookfield Renewables in making unspecified investments in the platform behind Sims Municipal Recycling and Balcones Resources.
By Cole Rosengren • March 17, 2023 -
Chemical recycling facility bill in Illinois highlights tensions around future permitting
The bill would extend the timeline for an unnamed facility to start construction, after the state previously passed a supportive law. It has also kicked off debate around a proposed expanded polystyrene foam ban.
By Megan Quinn • March 16, 2023 -
Q&A
GreenWaste CEO envisions ‘stronger presence’ for company in California following private equity investment
Over a year after selling to a Macquarie fund, CEO Tracy Adams reports a “great partnership.” He discusses the company’s targeted acquisition strategy, the state’s SB 1383 organics recycling law and more.
By Cole Rosengren • March 16, 2023 -
LRS’ new $50M Chicago MRF is heavy on automation, with room for expansion
The MRF can handle nearly twice the material as the one LRS opened in a Chicago suburb just six years ago. The company “invested on the front end to reduce labor” amid a tight employment market the last few years.
By Katie Pyzyk • March 15, 2023 -
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