French MNC plans expansion in India by adding to hazardous waste treatment capacity
Courrieres (France): Veolia, a group that offers end-to-end hazardous waste solutions, announced that it was adding 5,30,000 tonnes of new hazardous waste annual treatment capacity by 2030 to respond to intensifying global demand and critical capacity shortages.
Tired of too many ads? go ad free now
Veolia also said it planned to expand its business in India.
The French MNC processes hazardous waste, often of industrial origin, including solvents, factory wastewater, batteries, fly ashes, soils contaminated by heavy metals, and per- and polyfluoroalkyl substances or "forever chemicals". Chief executive officer Estelle Brachlianoff said, "Hazardous waste treatment is becoming a strategic bottleneck for many industries, especially those undergoing transformation or reshoring production.
It's also an essential topic for human health and ensuring environmental security."
Veolia is present in India in water and hazardous waste segments, and plans to develop hazardous waste activities, said Brachlianoff. "We are mainly present in Gujarat for hazardous waste management for industries and expanding our activities there." The group is also involved in crucial water services elsewhere in India, including water supply in Nagpur and wastewater treatment facilities on the outskirts of Delhi.
Veolia's primary growth potential in India lies in the industrial sector, the CEO pointed out. "This waste needs to be managed to prevent it from polluting the rivers and harming the health of residents," she said.
(The reporter is in Paris at the invitation of Veolia)
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)
Business Standard
3 hours ago
- Business Standard
European Union raises 2025-26 soft wheat crop forecast to 128.2 mn tonnes
The European Commission on Thursday raised its forecast for usable production of common wheat in the European Union in 2025/26 to 128.2 million metric tons from 126.6 million last month, now 15% above the rain-hit 2024/25 crop. Like other forecasters, the Commission made upward revisions for Romania and Spain, where plentiful rainfall in recent months has boosted crop conditions. It also increased its projection for production of common wheat, or soft wheat, in France, the EU's biggest supplier. The French crop was now pegged at 32.55 million tons against 32.02 million forecast a month ago, the Commission's supply and demand data showed. There is nonetheless uncertainty about the size of the French crop after a hot, dry spell this month, though traders expect yield losses to be limited given that most wheat has completed crucial growth phases. The Commission kept unchanged its forecast for EU exports of soft wheat in 2025/26 at 29.8 million tons projected in late May. However, it lowered its outlook for EU soft wheat stocks at the end of 2025/26 to 8.3 million tons from 9.0 million a month earlier, as a reduced estimate of stocks carried over from this season outweighed the increased harvest forecast for 2025/26. The Commission also raised its monthly forecasts for 2025/26 usable production of barley, by 1 million tons to 53.3 million tons, and maize, by 0.8 million tons to 64.6 million tons. In oilseeds, it increased its projection for the 2025/26 rapeseed crop to 18.9 million tons from 18.8 million last month.
&w=3840&q=100)
Business Standard
4 hours ago
- Business Standard
French fries maker Hyfun Foods may expedite its IPO plans to fund growth
"The IPO plans are still at a discussion stage but we do plan to reach there in next 2-3 years," Soundararadjane told Business Standard in an interaction New Delhi Listen to This Article Hyfun Foods, one of India's largest French fries makers in the organised sector, and a leading supplier to global giants such as KFC, McDonald's and Burger King, may fast-track its initial public offering (IPO) plans to fund its expansion plans, said S. Soundararadjane, CEO of HyFarm — the agribusiness arm of Hyfun Foods. 'The IPO plans are still at a discussion stage, but we do plan to reach there in the next 2–3 years,' Soundararadjane told Business Standard. Sources said the company is also under discussions with multiple PE funds to drive its growth plans. Soundararadjane said the company had
Time of India
6 hours ago
- Time of India
French MNC plans expansion in India by adding to hazardous waste treatment capacity
Courrieres (France): Veolia, a group that offers end-to-end hazardous waste solutions, announced that it was adding 5,30,000 tonnes of new hazardous waste annual treatment capacity by 2030 to respond to intensifying global demand and critical capacity shortages. Tired of too many ads? go ad free now Veolia also said it planned to expand its business in India. The French MNC processes hazardous waste, often of industrial origin, including solvents, factory wastewater, batteries, fly ashes, soils contaminated by heavy metals, and per- and polyfluoroalkyl substances or "forever chemicals". Chief executive officer Estelle Brachlianoff said, "Hazardous waste treatment is becoming a strategic bottleneck for many industries, especially those undergoing transformation or reshoring production. It's also an essential topic for human health and ensuring environmental security." Veolia is present in India in water and hazardous waste segments, and plans to develop hazardous waste activities, said Brachlianoff. "We are mainly present in Gujarat for hazardous waste management for industries and expanding our activities there." The group is also involved in crucial water services elsewhere in India, including water supply in Nagpur and wastewater treatment facilities on the outskirts of Delhi. Veolia's primary growth potential in India lies in the industrial sector, the CEO pointed out. "This waste needs to be managed to prevent it from polluting the rivers and harming the health of residents," she said. (The reporter is in Paris at the invitation of Veolia)
