Latest news with #plasticsrecycling
ABC News
11-07-2025
- General
- ABC News
Residents 'outraged' by appeal over rejected Plasrefine plastic recycling factory
Community members on the New South Wales Southern Highlands say they are "outraged and distressed" a decision not to allow a plastics recycling facility to be built in Moss Vale will be appealed. Plasrefine, now rebranded as Repoly, commenced an appeal in the Land and Environment Court on Thursday against the Independent Planning Commission's (IPC's) decision to reject its recycling facility in January. The proposed factory was recommended for approval by the Minns Labor government, and would have aimed to process 120,000 tonnes of plastic per year, about 10 per cent of the state's total plastic waste. It was ultimately rejected by the IPC, which found the negative impacts outweighed the benefits, and received almost 3,000 submissions from the community, On Friday, dozens of residents gathered in Moss Vale, saying they were blindsided by news of Plasrefine's challenge, lodged just 15 days before the appeal process was due to expire. "I was completely gutted, astounded, I couldn't believe it," said David Baxter, who has lived at a property adjoining the site for more than 50 years. "We were going to have a celebration picnic at our place because we thought it was over, that we had won and then bang, one email and we're back to square one." Anna Phillips, one of the main organisers of opposition group Moss Vale Matters, broke down in tears. "Our community is outraged, we are absolutely distressed that this is what Plasrefine has done," she said. "It's really, really hard because now everyone has to rally again. "The state government has done this to us and someone will be accountable because it's not fair." In a statement, a spokesperson for the Department of Planning, Housing and Infrastructure said it was aware of the appeal and would not make further comment while the matter was before the court. In its decision to shut down the state significant project, the IPC drew particular attention to the risk a fire at the plant would pose to the neighbouring Australian BioResources medical research centre. Plasrefine relaunched as Repoly on a new website set up this year. The company declined the ABC's request for comment. In a mission statement on its website, the company described its plastics recycling process, which converts waste into products like flakes and pellets, as "a necessary waste management infrastructure to meet Sydney's future waste management requirements". The IPC issued a statement confirming the appeal, in which it indicated impacted parties could join the legal process if they wished. Ms Phillips said Moss Vale Matters was seeking legal advice and considering its next steps. "We are here to fight, and we are here to win, and they are absolutely never ever going to be bringing Plasrefine to Moss Vale," she said. Local MPs including the Member for Wollondilly Judy Hannan, Goulburn MP Wendy Tuckerman as well as the Wingecarribee Council all formally opposed the planned facility and on Friday reaffirmed their support for the community in opposing the project. Wingecarribee Mayor Jesse Fitzpatrick said he was optimistic the appeal would not be successful. "The case was so strong against [it] we really did think it wasn't coming back up," he said. "People have been fighting this for many years and hopefully this is the last hurdle."
Yahoo
09-07-2025
- Business
- Yahoo
Veolia to Build UK's First Innovative Closed-Loop Recycling Facility as part of £70m Plastic Push and £1bn Investment by 2030
£70 million investment to transform an existing, disused industrial facility to a state of the art plastics sorting and recycling facility at Battlefield, Shropshire. 80,000 tonnes of plastics will be processed every year. Over 130 permanent local jobs will be created in addition to the construction jobs required to upgrade the existing site. Announcement coincides with French President Emmanuel Macron's state visit to the UK PARIS, July 09, 2025--(BUSINESS WIRE)--Regulatory News: Veolia (Paris:VIE), a leading resource management company in the UK, launches its biggest UK plastics recycling project with a £70 million investment which will include the country's first "tray to tray" closed loop PET1 recycling facility in Battlefield near Shrewsbury, Shropshire. Construction on the facility has begun, with plans for the site to be operational by early 2026. This initiative forms part of the company's broader commitment to the circular economy in the UK, with total investments set to reach around £1 billion by 2030. The UK does not have a closed-loop facility to recycle PET trays into food grade materials due to the difficulty in achieving the required standards. Veolia has used its world-leading expertise to bring this technology to the UK's domestic recycling industry. The innovative Shrewsbury facility will shred, wash and flake PET plastic from trays and bottles to be recycled into food grade low carbon new packaging, bolstering supply in a boost to the UK grocery industry. The plant will sort around 80,000 tonnes of mixed plastics annually, collected from homes and businesses across the country, and will contribute to a significant reduction in carbon emissions, as using recycled plastic can save up to 70% of the CO2 that would otherwise be associated with the use of virgin materials. The investment was announced during French President Emmanuel Macron's state visit to the UK. It's part of the French Group's continuous efforts to advance the circular economy in the UK for the benefit of local populations and resilience of the country's businesses. Other investments currently coming on stream include the extension of a district heating network to 5,000 homes in Southwark, delivering heat from the SELCHP energy recovery facility, alongside investment to process and recover solvents and other hazardous waste, delivering further carbon savings. Veolia also launched a new process for the treatment of aqueous film forming foam (AFFF) fire suppressants containing PFAS* (Per- and polyfluoroalkyl substances) ahead of a UK ban that came into force on 1 July 2025. Estelle Brachlianoff, Chief Executive Officer, Veolia said: "Today's announcement marks a major milestone for the UK recycling industry and a key pillar of Veolia's GreenUp plan to drive sustainable resource management. By becoming the first company in the UK to recycle PET trays through a fully closed-loop process, we are reinforcing our leadership as a pioneer of the circular economy. This innovative facility not only advances our commitment to reducing waste and carbon emissions but also positions us to meet the growing demand for effective recycling as Simpler Recycling legislation comes into effect, ensuring more of this material is responsibly recycled for years to come." Gavin Graveson, Chief Executive Officer, Veolia UK added: "At this critical time for the plastics recycling industry, with a number of players exiting the market due to low end market demand and macroeconomic concerns, it is crucial that the UK has innovative domestic recycling facilities. There is significant potential to grow the plastic recycling market, and go well beyond the 2.2 million tonnes of plastic packaging recycled each year in the UK. Building a world-leading, profitable circular economy is essential—not only to create jobs but also to support the nation's net zero ambitions. We would welcome the UK Government's support in maintaining this momentum with the right incentives, including a timely and meaningful escalation of the current Plastic Packaging Tax." ▁▁▁ ABOUT VEOLIA Veolia's ambition is to become the benchmark company for ecological transformation. With nearly 218,000 employees on five continents, the Group designs and deploys useful, practical solutions for managing water, waste and energy that help to radically change the world. Through its three complementary activities, Veolia contributes to developing access to resources, preserving available resources and renewing them. In 2023, the Veolia group served 113 million people with drinking water and 103 million with wastewater services, produced 42 terawatt-hours of energy and recovered 63 million metric tons of waste. Veolia Environnement (Paris Euronext: VIE) generated consolidated sales of €45.3 billion in 2023. ▁▁▁ ▁▁▁ Notes to editors *PFAS substances included in the Environment Agency approved process are:Perfluoro-1-hexanesulfonic acid (PFHxS)Perfluoro-1-octanesulfonic acid (PFOS)1H, 1H, 2H, 2H-perfluorooctane sulfonic acid (6:2 FTS)Perfluorobutanoic acid (PFBA)Perfluoropentanoic acid (PFPeA)Perfluorohexanoic acid (PFHxA)Perfluoroheptanoic acid (PFHpA)Perfluorooctanoic acid (PFOA)Perfluorononanoic acid (PFNA) More information on Veolia PFAS operations here and here. 1 Polyethylene Terephthalate View source version on Contacts PRESS RELATIONS VEOLIA HQLaurent Obadia - Evgeniya Mazalova Anna Beaubatie - Aurélien Sarrosquy Charline BouchereauTél.+ 33 (0) 1 85 57 86 PRESS RELATIONS VEOLIA UKFlorence AlmondTel. + 44 7721 INVESTOR RELATIONSSelma Bekhechi - Ariane de LamazeTél. +33 (0) 1 85 57 84 76investor-relations@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CBS News
29-06-2025
- Health
- CBS News
New plastics recycling plant approved in Columbia raises concerns for nearby residents
A Maryland chemical company has been approved to move forward with a pilot plastics recycling plant in Columbia by the Maryland Department of the Environment (MDE). However, residents in the area are upset about this decision due to air quality concerns in their neighborhood. Nana and Golash Adadey live in a home that sits near the potential recycling plant, a home they plan to retire in. But in their backyard, there is a sign and a fence that is a reminder of the years-long battle to protect their home. Potential health impact concerns They're a part of a group of Cedar Creek and Columbia residents outraged by the MDE's decision to approve an air permit for the new plastic recycling facility. The agency's decision comes two years after the chemical company, W.R. Grace & Co. (Grace), submitted the permit application. "We do not know the impact, how it is going to affect our health, and this is our retirement home," Nana Adadey said. "People live here. So why are we doing experiments and should be moved away." "They want to pilot this chemical recycling plant, which for all intents and purposes is a plastics burning facility, and they want to do that in our backyards," Shameika Preston, a co-facilitator with the Stop Grace Coalition, explained. Preston is a member of the Stop Grace Coalition, whom are worried the company's plans will have long-term environmental and health impacts on those who live and go to school nearby. Adadey also told WJZ's Janay Reece that she's concerned the plant will have an impact on the children and adults who have underlying health conditions such as asthma and other breathing problems. The company is looking to pioneer new efforts to lower the amount of plastic waste by recycling it into "plastic precursors", according to Grace. In a statement to WJZ, a spokesperson from the chemical company explained that this new project could reduce emissions, save energy, and lower costs compared to existing methods. "With the required air permit from the Maryland Department of the Environment in place, Grace will set up a small R&D pilot lab within an existing building on our campus to study a plastic recycling innovation," the spokesperson said. "We are committed to operating in full compliance with the conditions set forth by MDE and appreciate their thorough, science-based review, as well as the Howard County community's engagement throughout this process." Elected officials called on for support "It's a pilot plant, right? They also don't know what will happen," Preston said. After the permit approval, the MDE issued a notice stating, "The Department has reviewed the application and the comments received and has determined that the proposed installation would not cause violations of any applicable air pollution control regulations." However, neighbors are demanding more safety precautions. "We need some kind of guardrails to help us to be safe," Adadey said. "Nobody has made a consent and emergency plan. I have not seen an emergency plan through the fire department," Preston said. "The gist of it is we are calling on our elected officials to help us."
Globe and Mail
19-06-2025
- Business
- Globe and Mail
Why PureCycle Technologies Was Racing Higher This Week
Experimental plastics recycling company PureCycle Technologies (NASDAQ: PCT) got a boost this week from a bullish note published by an analyst. By late Thursday evening, according to data compiled by S&P Global Market Intelligence, the company's shares were trading more than 18% higher week to date. A bull reiterates his buy recommendation The PureCycle bull is Cantor Fitzgerald's Andres Sheppard, who on Wednesday morning reiterated his overweight -- buy, in other words -- recommendation on the company's stock. He also maintained his $12-per-share price target. In Sheppard's view, according to reports, PureCycle is a fine long-term play as it leverages patented, exclusive technology for plastics recycling. It also boasts a first-mover advantage and sits in front of a large total addressable market. PureCycle is also actively demonstrating its offerings to the world in a series of customer trials, of which there are more than 30 at present, according to the analyst. A further slate of over 50 trials is pending. Finally, it recently booked its first revenue, moving it out of the experimental and into the commercial stage of its life. The ability to scale The Cantor Fitzgerald pundit also sounded a bullish note about PureCycle's future, pointing out that a facility currently in development in Georgia should add meaningful scale to its operations. That plant is expected to become operational in 2027. Given its unique angle on plastics recycling, PureCycle is certainly an intriguing investment. It's certainly worth a look, as we live in a world awash in plastic and good recycling solutions are welcome. I'd say this is a stock to keep an eye on. Should you invest $1,000 in PureCycle Technologies right now? Before you buy stock in PureCycle Technologies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and PureCycle Technologies wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $657,871!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $875,479!* Now, it's worth noting Stock Advisor 's total average return is998% — a market-crushing outperformance compared to174%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 9, 2025
Yahoo
03-06-2025
- Business
- Yahoo
JOINT VENTURE FOR INNOVATIVE PLASTICS RECYCLING PROMOTES CIRCULAR ECONOMY IN THE CONSTRUCTION INDUSTRY
JOINT VENTURE FOR INNOVATIVE PLASTICS RECYCLING PROMOTES CIRCULAR ECONOMY IN THE CONSTRUCTION INDUSTRY Sika and Sulzer have signed a memorandum of understanding to establish a joint venture to advance plastics recycling in the construction industry. The aim is to combine the strengths of both companies: Sika's extensive expertise in polymer applications and high-performance building materials and Sulzer's leading process knowledge in chemical recycling. The joint venture, based in the Zurich area, will be founded as an independent company, with each partner holding a 50 percent stake. Operational activities will commence in the second half of 2025 with pilot projects in Germany, Austria and Switzerland. Approximately two million tons of plastic waste are generated in the European construction industry alone each year. Currently, recycling these complex materials is highly fragmented, technically demanding, and often inefficient. As a result, the majority of construction plastics are disposed by the end of their lifecycle, since existing mechanical recycling methods produce low-quality materials that are not suitable for reuse. PARTNERING FOR SUSTAINABLE TRANSFORMATION OF THE CONSTRUCTION INDUSTRY With this joint venture, Sika and Sulzer are developing a system for the collection, processing and reuse of construction plastics using mechanical and chemical processes. Ivo Schädler, Head of Construction Sika: "This joint venture represents a significant milestone on our path toward greater sustainability and circularity in the construction industry. By converting waste into high-quality raw materials, the project helps reduce Scope 3 CO₂ emissions. At the same time, it supports companies in meeting increasing ESG standards and unlocking new value creation streams. Together, we are making a decisive contribution to the sustainable transformation of the construction industry, and thus to the future viability of the sector and our customers." Michael Schüepp, Head of Ventures Sulzer: "Sulzer technologies are at the heart of critical infrastructures and processes. Our solutions enable industries around the world to reduce emissions, reuse resources and recycle materials. Global developments show that our products, services and technologies are more relevant than ever. The combination of Sulzer's and Sika's technologies is now paving the way for the construction industry to achieve a functioning circular economy and an even more sustainable future. We are supporting an important industry on its journey toward a more cost-effective, efficient, and low-emission future." The joint venture initiators Michael Schüepp, Head of Ventures at Sulzer, and Ivo Schädler, Head of Construction at Sika. Both companies are looking forward to jointly advancing the transformation of the construction industry towards greater sustainability. SYSTEMATIC RECYCLING OF CONSTRUCTION PLASTICSThe joint venture between Sika and Sulzer will close gaps in the value chain of the construction industry, and offer customers a comprehensive, cost-efficient service package. The offering will be complemented by local partners, such as logistics and recycling companies, which will be integrated into specific process steps. Recycled materials will thus be reincorporated into the manufacturing process. SIKA AG CORPORATE PROFILESika is a specialty chemicals company with a globally leading position in the development and production of systems and products for bonding, sealing, damping, reinforcing, and protection in the building sector and industrial manufacturing. Sika has subsidiaries in 102 countries around the world and, in over 400 factories, produces innovative technologies for customers worldwide. In doing so, it plays a crucial role in enabling the transformation of the construction and transportation sector toward greater environmental compatibility. With more than 34,000 employees, the company generated sales of CHF 11.76 billion in 2024. SULZER CORPORATE PROFILESulzer is a leading international provider of critical applications for core infrastructures and processes in the world's most important industries. Sulzer's integrated solutions create value by enabling energy efficiency, the reduction of carbon emissions and pollution, and better process efficiency. Customers benefit from innovation, performance and quality from the responsive network of 160 world-class manufacturing facilities and service centers around the world. Sulzer has been headquartered in Winterthur, Switzerland, since 1834. In 2024, 13,500 employees generated sales of CHF 3.5 billion. Sulzer's shares are traded on the SIX Swiss Exchange (SIX: SUN). CONTACTDominik SlappnigCorporate Communications &Investor Relations+41 58 436 68 The media release can be downloaded from the following link: Media ReleaseSign in to access your portfolio
