News archive
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Novelis reported a net income of $29 million for the fourth quarter of fiscal year 2016. Excluding tax-effected special items, the company reported a net income of $50 million in the fourth quarter of fiscal 2016, a 35 percent increase over the prior year period. For the fiscal year 2016, the company recorded a net loss of $38 million. Excluding tax-effected special items, net income was $131 million for the full year.
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According to the Alocci RI Group, May is the third month in a row characterized by a strong escalation of the metallic raw materials prices, mostly for the ferrous scrap ones.
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According to BusinessWaste.co.uk, seven out of ten say they want private bin collections to replace council services.
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BIR commends this OECD guidance to developing countries that look to EPR as a ‘tax-free’ means to establish waste management and recycling.
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Redoma Recycling AB has expanded its product range with a cost-efficient Electrostatic Separation System (ESS), available at present in six different sizes. The ESS can separate residual fine copper in the plastic with close to 100% purity.
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BIR World Recycling Convention & Exhibition in Berlin a panel discussion will bring together three invited industry experts who will first give a short presentation on their respective field of expertise and will then engage in an open exchange that promises to touch on some key issues affecting the recycling industry.
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International technology Group ANDRITZ saw a solid development of profitability in the first quarter of 2016 despite slight declines in sales and order intake.
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Decline in consolidated sales owing mainly to the drop in metals prices by comparison with the first quarter of 2015.
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Construction & demolitionMarket
Terex Minerals Processing Systems launches New CRC1150 portable Cone Plant
The new Terex Cedarapids CRC1150 portable cone plant delivers big production at a practical price.
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Construction & demolitionMarket
Terex Minerals Processing Systems launches CRH131R Portable Impactor and Screen Plant
The new Terex Cedarapids CRH1313R delivers big production and has the versatility to handle rock crushing, concrete recycling, and asphalt recycling.
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Speaking on the big challenge for the plastic industry, Dr Maurer believes that it is clear that the industry needs to act urgently as in developing countries plastics either end up in landfill or in nature.