Business Friday 10 July 2020
1 July 2020

News in brief (01/07/20)

With news on: t2e sees millionth tonne of PRNs traded in 2020; Close Brothers funds Cheshire-based IVC; Suez donates £100,000 to Greater Manchester Mayor’s Charity; and, Slicker Recycling acquires RE:Group.

BUSINESS

This section shows the latest Business news article with past stories relevant to commerce and industry, or use the News Archive for more items.

NEWS ARCHIVE

30 June 2020

Geminor to provide ‘low CO2’ RDF to Danish plant

 

Norwegian waste fuel specialist Geminor has won a contract to provide 30,000 tonnes a year of “low CO2” refuse derived fuel (RDF) to a Danish waste-to-energy company. Amager Resource Centre (ARC) will receive the RDF at ...

29 June 2020

Lincolnshire dry recycling renewal for Mid-UK

 

Mid-UK Recycling has won a renewed contract now worth more than £23 million for the collection, haulage, processing, handling and sale of dry recyclable materials across Lincolnshire. Awarded by Lincolnshire county council, ...

15 June 2020

Biffa aims to raise £100 million through share placement

 

Biffa announced last week (11 June) that it intends to raise around £100 million through a non-pre-emptive placing of new ordinary shares of one penny each in the capital of the company. Raising £100 million will mean the ...

15 June 2020

RWM 2020 postponed to November

 

RWM 2020, the recycling and waste management industry show held at the NEC Birmingham, has been rescheduled to the 3 and 4 November. The show’s organiser Roar B2B says the decision has been taken following close monitoring of ...

9 June 2020

Viridor and Valmet strike landfill automation deal

 

Equipment specialist Valmet Oyj is to supply automation to a gas clean-up system at Viridor’s Dunbar landfill site in East Lothian, Scotland. The clean-up system, to be supplied by Dutch technology firm CarbonOrO, facilitates ...

5 June 2020

Biffa posts profit increase in 2019/20

 

Waste management company Biffa reports its net revenue grew to more than £1.1 billion in the 2019/20 financial year, up 7% on the previous period. The company published its preliminary financial results today (5 June), which ...

5 June 2020

Powerday announces two site acquisitions

 

London-based waste management company Powerday has acquired two waste transfer stations in Wimbledon and Heathrow for undisclosed fees...

4 June 2020

Pennon posts ‘solid’ 2019/20 financial results

 

Pennon Group’s underlying profits before tax increased by 2.6% to nearly £288 million in 2019/20, its full year financial results show. However, Pennon’s profit after tax fell by more than £16 million in the same period to...

2 June 2020

Calls for recovery plans to focus on environment

 

FEAD, the European federation representing private waste management companies, has told the EU it must step up its investments in waste recycling and treatment capacity as part of its post-coronavirus green recovery plan. This was...