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Lead Business News
[United States]
Posted on : Mar 22, 2009
Recycling Equipment developer Marathon Equipment, is closing its Clearfield, Pennsylvania manufacturing plant effective May 15, 2009. “'Due to poor economic conditions, production of the Clearfield plant is being consolidated with the Vernon plant. We greatly appreciate the dedication and contribution of the Clearfield....
[United Kingdom]
Posted on : Mar 11, 2009
United Kingdom (Scotland) | Tenders are now being invited by the UK Waste & Resources Action Programme (WRAP) for plastics recycling facilities to be built in Scotland with funding from the Scottish Government under the £5 million grant scheme announced earlier this year. The funding is coming from the Governmen....
[United States]
Posted on : Mar 11, 2009
More convenient, frequent and expensive recycling collection is in store for Peninsula homes and businesses after a proposed recycling center recently received the last endorsement it needed. After close to four years of debate and discussion, the city of Belmont, Calif., became the eighth city to approve a plan to buil....
[China]
Posted on : Mar 09, 2009
Australia / China | Battery recycling plant operator Hydromet from Australia, will receive a Aus$3 million cash injection from a share placement to a Chinese company to fund its expansion. Under the deal, Hydromet will issue 49.92 million shares - equating to 15% of its issued capital - at six cents each to leading used ....
[United Kingdom]
Posted on : Mar 09, 2009
Northstar Recycling Group, based in Springfield, Mass., and David Cutler Industries, a Pennsylvania recycling operation, have announced a joint venture type operation between the two companies in the Philadelphia area. However, the joint venture is far different from most JVs that have been announced. Under the arrangem....
[United States]
Posted on : Feb 25, 2009
Scrap metal recycler River City Metal Recycling has opened a new 40,000-square-foot facility in Memphis, its ninth location overall. River City Metal Recycling pays cash for most household, commercial and industrial metals, such as aluminum, brass, cast iron, copper, insulated wire, lead, steel, stainless steel, tool....
[United Kingdom]
Posted on : Feb 16, 2009
The board of metals processor and producer Nyrstar NV has confirmed the departure of Nyrstar's Chief Executive Officer, Paul Fowler. Paul has decided to leave the company for personal reasons. Current Nyrstar non-executive Director, Roland Junck, will succeed Paul in the role effective immediately. The company Chai....
[United Kingdom]
Posted on : Feb 16, 2009
The UK arm of worldwide recycling conglomerate Sims Metal Management, has acquired Birmingham, UK based metals recycler All Metal Recovery Limited. Founded in 1986, AMR was one of the fastest growing independent metals recyclers in the UK, employing over 60 people. Sims Metal Management says the acquisition of AMR will....
[Australia]
Posted on : Feb 15, 2009
Scholz has agreed to invest an additional $48.99 million in CMA Corp. Ltd., an Australia-based scrap metal recycling firm. Scholz, based in Germany, is acquiring 230 million shares of CMA for $.213 a share. The investment follows the German company’s investment of $11.25 million in the company this past November. Combi....
[United States]
Posted on : Feb 07, 2009
At the very last moment, the 58 employees of Belgian aluminium recycling company Alumet-Motormet can keep their position. The Gistel-based recycling specialist of aluminium based engines was in deep water, and was declared bankrupt by the regional court at January 27. According to the administrators, there were sever....
[United States]
Posted on : Feb 04, 2009
Industrial polypropylene recycler Sundance Products Group LLC has stopped operations at its three plants, is selling off its inventory of raw materials and finished pellets, and is looking for an investor or a buyer for the business. According to Plastics News, Sundance has three plants in the US state of Georgia a....
[United States]
Posted on : Jan 28, 2009
Grants could create nearly 2,000 “green” jobs in the US state of California over the next several years and lead to innovations in recycling billions of beverage containers, says the California Department of Conservation. The state department allocated US$20 million among 20 projects in California. Funding for the ....
[France]
Posted on : Jan 23, 2009
Netherlands / France | Through its parent company Financière de Coelho, French lead battery recycling specialist Metal Blanc, has acquired a majority interest in Dutch battery sorting company Van Peperzeel BV. According to the latter, based in Lelystad, the Netherlands, the acquisition supports the company’s strat....
[United Kingdom]
Posted on : Jan 21, 2009
MBA Polymers Inc. (MBA) and European Metal Recycling Limited (EMR) have announced that they will locate their joint venture plastics recycling facility in Worksop, United Kingdom. The joint venture, known as MBA Polymers U.K., will be located in a building that was formerly used for glass production. In a news release....
[United States]
Posted on : Jan 14, 2009
With Reference to an article in Manufacturing & Technology eJournal, long-time scrap metal recycler J. Solotken & Co., Indianapolis, will spend $4 million to move into a renovated facility across town. The investment includes buying a former steel warehouse on English Avenue, on the southeast side of the city, al....
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