Latest news with #WasteCo


Otago Daily Times
28-05-2025
- Business
- Otago Daily Times
$40m waste contract awarded
Ashburton Resource Recovery Park. PHOTO: ASHBURTON DISTRICT COUNCIL WasteCo in Christchurch has been chosen from three tenders to take over Ashburton's waste management contract. The $40 million nine-year contract will begin in September next year. It includes kerbside collection of general refuse, recycling, and a new Food Organics and Garden Organics (FOGO) service, which will be introduced to 12,300 households. WasteCo will also manage public place litter and recycling bins, event waste services, illegal dumping, and the full operation of two resource recovery parks, 13 recycling drop-off sites, and services for 21 schools across the district. It would also see a new re-use shop at Ashburton Resource Recovery Park to support waste diversion and community initiatives. WasteCo chief executive David Peterson said the contract marked a significant milestone in the company's continued national growth. 'We are excited to partner with Ashburton District Council and to work closely with the Ashburton community,' Peterson said. 'This contract allows us to deliver innovative, future-focused waste solutions that will enhance service delivery, environmental performance, and community outcomes.'' The contract would support 23 full-time employees, and necessitate nine new collection vehicles and an associated plant. Peterson said WasteCo had a strong focus on technology, innovation, and the ability to provide real-time data and performance reporting. The company would also explore solar power and invest in hybrid and electric fleet options.


NZ Herald
22-05-2025
- Business
- NZ Herald
NZ sharemarket down as My Food Bag sees green shoots
My Food Bag saw its share price rise following a positive result. Photo / Supplied The New Zealand sharemarket fell slightly today reflecting declining markets in the United States, Japan and Australia. Although shares in My Food Bag and WasteCo rose after the companies delivered positive news. The S&P/NZX 50 Index closed down 0.32% or 40.85 points, falling to 12,662.25, with 37,444,256 shares changing