News from Recycling Today
"We are pleased with our third-quarter performance, which included high-single digit growth in earnings and free cash flow per share. says Donald W. Slager, president and CEO. " Thus far in 2017, we have invested approximately $385 million in acquisitions, including the purchase of ReCommunity. Our pipeline for the remainder of the year and into 2018 is robust and will serve as a catalyst for future growth.
Slager adds, “Our continued ability to profitably grow the business both organically and through acquisitions illustrates the effectiveness of our strategy and our commitment to creating long-term shareholder value."
Third-Quarter Financial Highlights:
- EPS was $0.66 per share. Adjusted EPS, a non-GAAP (generally accepted accounting principles) measure, was $0.67 per share, an increase of 8 percent over the prior year despite a 1-cent headwind due to the hurricanes.
- Year-to-date cash provided by operating activities was $1.4 billion and adjusted free cash flow, a non-GAAP measure, was $606 million, an increase of approximately 5 percent over the prior year.
- Total cash returned to shareholders through dividends and share repurchases was $227 million. Year-to-date cash returned to shareholders was $682 million.
- Total revenue increased 6.3 percent over the prior year.
- Revenue growth from average yield was 2.5 percent and volumes increased 1.6 percent.
- Core price increased revenues by 4.1 percent, which consisted of 5.1 percent in the open market and 2.3 percent in the restricted portion of the business.
- Adjusted EBITDA was $718 million and adjusted earnings before interest, taxes, depreciation, and amortization(EBITDA) margin was 28 percent of revenue.
Third-Quarter Operational Highlights:
- The company invested $129 million in tuck-in acquisitions during the quarter and $220 million year-to-date through Sept. 30, 2017.
- In October, the company acquired ReCommunity Holdings for approximately $165 million, which included certain tax benefits valued at approximately $50 million.
- Republic continued to convert CPI-based contracts to more favorable pricing mechanisms for the annual price adjustment. The company now has approximately $510 million in annual revenue tied to either a waste-related index or a fixed-rate increase of 3 percent or greater.
- The company, which operates the seventh-largest vocational fleet in the U.S., advanced its fleet-based initiatives designed to improve productivity and lower costs. Currently:
- 19 percent of its fleet operates on compressed natural gas, up from 18 percent in the prior year.
- 75 percent of its residential fleet is automated, up from 74 percent in the prior year.
- Republic was recently named to the 2017 Dow Jones Sustainability Index (DJSI) World and North America Indices for the second consecutive year.Republic is the only recycling and solid waste service provider in the world to be included in either index this year.
Republic is providing a preliminary financial outlook for 2018. It should be noted that the preliminary outlook does not represent full detailed guidance, but rather a point-in-time estimate based on its current projections of 2017 performance, early reviews of the 2018 budget process and current business and economic conditions. Consistent with prior practice, the company will provide formal financial guidance in February 2018 once the budget process is complete and full-year 2017 results are reported. 2018 Preliminary Financial Outlook:
- Adjusted diluted earnings per share is expected to be in a range of $2.53 to $2.58, which excludes the impact of restructuring charges.
- Adjusted free cash flow is expected to be in a range of $925 million to $950 million. Adjusted free cash flow consists of cash provided by operating activities, less property and equipment received, plus proceeds from the sale of property and equipment, and is exclusive of cash paid for restructuring, net of tax.
Slager comments, "We expect current business and economic conditions to continue into 2018, positioning us well for high-single digit growth in earnings and free cash flow per share despite a headwind from recycled commodity prices."
Republic also announces its Board of Directors declared a regular quarterly dividend of $0.345 per share for shareholders of record on Jan. 2, 2018. The dividend will be paid on Jan. 16, 2018.
Republic continues to increase cash returns to shareholders while maintaining its investment-grade credit rating, and announces its Board of Directors approved a $2 billion share repurchase authorization which extends through Dec. 31, 2020. This was added to the amount remaining under the prior authorization, which was $95.1 million as of Sept. 30, 2017. At current prices, $2.1 billion represents approximately 10 percent of the company's outstanding shares of stock.
Adjusted diluted earnings per share, adjusted net income, adjusted EBITDA, and adjusted free cash flow are described in the Reconciliation of Certain Non-GAAP Measures section of this document. The adjusted diluted earnings per share and adjusted free cash flow related to the preliminary outlook are described in the 2018 Preliminary Financial Outlook section of this press release. The full release is available here.
“With a new Congress and administration in Washington this year, equipment manufacturers did a better job than ever at communicating our industry’s priorities to our elected leaders,” says Dennis Slater, AEM president. “AEM is thrilled to honor JCB as a Pillar of Industry for their outstanding commitment to advancing policy priorities essential to the equipment manufacturing industry.”
“As a leading construction and agricultural equipment manufacturer, we’re grateful at JCB for the opportunity to promote policies that support manufacturing jobs and help America’s manufacturers to compete on the global stage,” says Richard Fox-Marrs, president and CEO of JCB North America.
“And we’re especially proud to have supported AEM’s ‘I Make America’ campaign, which has struck a chord with our state and federal leaders and our workforce and helped remind all Americans that a strong manufacturing base is a national asset to be valued,” he adds.
This year’s I Make America campaign, themed Our Products. Our Jobs, brought a record number of elected officials to AEM member companies across the country. In addition, AEM members descended on Washington in September 2017 for the first-ever I Make America Fly-In, where member company executives visited with 100 congressional offices and administration officials to advance the industry’s policy priorities.
AEM is a North American-based international trade group representing more than 900 companies and more than 200 product lines in the agriculture, construction, forestry, mining and utility sectors worldwide.
From its North American headquarters in Savannah, and at 21 other manufacturing facilities in the United Kingdom, China, India and Brazil, JCB manufactures a range of more than 300 products for customers in 150 countries.]]>
Strategic Materials in partnership with state recycling organizations including AROW (Associated Recyclers of Wisconsin), SWANA (Solid Waste Association of North America) Badger Chapter and WCSWARA (Wisconsin Counties Solid Waste Management Association) selected the city of Delevan as a centralized location to help defray transportation costs for material recovery facility (MRF) in the state’s most densely populated cities. The state of Wisconsin estimates at least 121,000 tons of glass are available in the recycling stream annually.
“We are delighted to provide a solution to the state of Wisconsin for glass recycling,” says Denis Suggs, Strategic Materials president and chief executive officer. “Our new facility was built to better serve not only our customers, but also our suppliers. We’ve nearly doubled our capacity and are able meet end market demand with a higher quality product.”
Suggs adds, “We applaud the state of Wisconsin for their progressive stance on glass recycling and willingness to collaborate with us to benefit the state, the environment and the local economy. We hope other states will follow their lead.”
Headquartered in Houston, SMI recovers and processes postconsumer and postindustrial glass, operating a network of 47 facilities across the U.S., Canada and Mexico. The company’s end markets include glass packaging, fiberglass insulation, flat glass and highway safety beads, as well as the air blast abrasives industry.
In mid-October, Littlejohn & Co. LLC, a private investment firm based in Greenwich, Connecticut, announced it had signed a definitive agreement to acquire Strategic Materials from Willis Stein & Partners, Northbrook, Illinois, and London-based Vision Capital.]]>
America Recycles Day takes place on and in the weeks leading into Nov. 15. The nonprofit says the day is the only nationally recognized day dedicated to promoting recycling in the United States.
Using the social media hashtag #BeRecycled, Keep America Beautiful asks participants to take a pledge and to spread the word about recycling among their communities.
For the second year, Keep America Beautiful says it is encouraging people to take the #BeRecycled pledge and commit to learn more about recycling in their community; to consistently and correctly recycle; and to buy products made from recycled content. Available online and via paper pledges at events across the country, #BeRecycled Pledge participants are “encouraged to help spread the word by educating and encouraging friends, family and neighbors to recycle in their community, and to integrate the act of recycling and buying products and packaging featuring recycled content throughout their daily routines,” says Keep America Beautiful.
“America Recycles Day is a call-to-action to motivate individuals to actively pursue a #BeRecycled lifestyle 365 days a year,” says Brenda Pulley, senior vice president, recycling, Keep America Beautiful. “America Recycles Day helps to shine a light on our ongoing efforts to educate and inspire people to reduce, reuse and recycle, and when they buy, to buy products made from sustainable and recycled materials.”
A number of America Recycles Day events are focusing on this year’s theme of #BeRecycled. They include:
- Nov. 4, Keep California Beautiful and the Rabobank Arena, Theater & Convention Center in Bakersfield, California, will hold a collection drive, accepting electronic items, large/small household items, tires and used motor oil filters, among many other materials.
- Nov. 11, Trashmagination will hold a Mini Maker Fair in McLean, Virginia, and demonstrate how to use trash to create new items. The fair will include projects that use plastic bags, plastic caps, plastic milk jugs, neck ties and t-shirts, among other items.
- Richardson Independent School District (ISD) will mobilize its 55 schools to participate in America Recycles Day by encouraging students to take the #BeRecycled pledge online, and will post banners outside of schools for the younger students to sign and participate. Throughout the week, Richardson ISD will encourage schools to set up “No Thank You” tables where students can offer unwanted lunch items to others. Lastly, Richardson ISD is contributing to a used clothing drive being held by Keep Dallas Beautiful, as Hurricane Harvey wiped out the surplus of items at many local shelters.
- Beginning on America Recycles Day, the city of Inner Grove Heights in Minnesota will collect and recycle old and unused holiday lights to help prevent them from entering the landfill. Over the past two years, the city has recycled about 120 pounds of holiday lights.
Keep America Beautiful says aside from the #BeRecycled pledge, people can be part of the recycling solution by being more mindful of how to properly recycle products in the home and elsewhere by participating or hosting their own America Recycles Day event. Event organizers can access resources to plan, promote and host an event on the America Recycles Day website where there are reference guides and toolkits for hosting events, activity ideas, downloadable posters and banners, media outreach tools, sample proclamations and more. Events can be scheduled at any time during the fall leading into the official America Recycles Day celebration on Nov. 15.
Sponsors of this year’s initiative include American Chemistry Council, H&M, Indorama Ventures, Keurig Green Mountain, Northrop Grumman and Waste Management. Additionally, Dropps, creator of eco-friendly detergent pods, will serve as a promotional partner for this year’s campaign and will donate 10 percent of sales for the entire year to Keep America Beautiful on every new wash plan subscription or new customer product purchase made on www.dropps.com using code KAB2017.
“Indorama Ventures is committed to supporting America Recycles Day because it offers an opportunity for the next generation of environmental stewards to learn about the importance of recycling and taking care of the environment,” says Russ Wilson, plant manager at Indorama Venture’s IVXP plant in Decatur, Alabama.
The increase in net income, excluding special items, is mainly because of a 12 percent increase in adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) to a record high $302 million for the second quarter of fiscal 2018. The year-over-year improvement in adjusted EBITDA is primarily a result of higher shipments, favorable metal costs and operational efficiencies, partially offset by lower beverage can pricing, Novelis says. Adjusted EBITDA reached $377 per ton in the quarter.
Net sales increased 18 percent over the prior year to $2.8 billion for the second quarter of fiscal 2018, driven by higher average aluminum prices and higher total shipments. Shipments of flat-rolled products increased 4 percent to an all-time quarterly record 802 kilotonnes, the company says. All regions reported higher total shipments year over year. Automotive sheet shipments increased 12 percent as production has continued to ramp to meet strong customer demand in this market.
"As an industry, we are seeing increasing demand for lightweight, high-strength aluminum from global automotive customers based on aluminum's ability to provide equal or better quality, strength and safety compared to other materials," says Steve Fisher, president and chief executive officer for Novelis. "At Novelis, our strategy to grow alongside our customers who are adopting innovative aluminum solutions to meet their design, performance and sustainability needs has resulted in a strong balance sheet and the ability to raise our full year guidance. With this increased strategic flexibility, we are now actively seeking organic investment opportunities to further expand our leadership position in the growing automotive aluminum sector."
Novelis reported free cash flow of $101 million for the second quarter of fiscal 2018, despite a significant rise in aluminum prices during the quarter. The company says the $57 million improvement in free cash flow over fiscal 2017 is primarily a result of higher adjusted EBITDA and lower cash interest payments because of refinancing savings and timing. Capital expenditures in the second quarter of fiscal 2018 were $43 million, $3 million less than in the prior year.
"Our continued strong financial performance and proceeds from the Ulsan joint venture transaction further improved our net leverage position in the quarter, and we remain on track to generate record free cash flow this fiscal year," says Devinder Ahuja, senior vice president and chief financial officer, Novelis.
As of Sept. 30, 2017, the company reported a very strong liquidity position of $1.6 billion.
In light of its strong first half performance and positive momentum going into the second half of the fiscal year, Novelis says it has raised its fiscal 2018 adjusted EBITDA guidance to be between $1,150 million to $1,200 million for the full year. The guidance for fiscal 2018 free cash flow to be between $400 million to 450 million is unchanged, as the company balances working capital headwinds related to higher average aluminum prices with a stronger adjusted EBITDA outlook.
Novelis operates in 10 countries, has approximately 11,000 employees and reported $10 billion in revenue for its 2017 fiscal year. Novelis supplies aluminum sheet and foil products to transportation, packaging, construction, industrial and consumer electronics markets throughout North America, Europe, Asia and South America. The company is a subsidiary of Hindalco Industries Ltd., an industry leader in aluminum and copper, and metals flagship company of the Aditya Birla Group, a multinational conglomerate based in Mumbai.
Plaxx is a low-sulphur hydrocarbon feedstock derived from residual scrap plastic using a continuous process that can be based at an operator’s site.
Recycling Technologies was one of 15 winners at the annual 2017 Plastics Industry Awards (PIAs) in London Oct. 27. The company took top honors in the category Best Recycled Plastic Product of the Year.
Attendees of the RECOUP Plastics Recycling Conference in Peterborough, U.K., Sept. 28 had voted for the winning entry through a one member, one vote system, allowing the award winners to be chosen directly from industry peers, says RECOUP.
Best Recycled Plastic Product of the Year, sponsored by RECOUP, went to Plaxx the first hydrocarbon feedstock derived from residual waste plastic using a continuous process that can be based at a waste operators site. Chemical recycling achieves full decontamination and therefore unrestricted re-use.
RECOUP says, “[We] promote and support the award aimed at recognizing innovation and showcasing advances in plastics recycling. This award gives the plastics recycling industry the opportunity to demonstrate commitment to the environment and saving of resources using recycled materials.”
RECOUP continues, “In 2017, the award’s criteria was widened to allow for products in early stages of development, designed within the U.K., to qualify for entry, and Recycling Technologies with their Plaxx product shows how technology is redefining the recyclability of plastics.”
Beyond Recycling Technologies, other companies to enter the PIAs’ Best Recycled Plastic Product of the Year category include:
Stuart Foster, CEO of RECOUP, says, “We hope that through connecting with this award we can encourage many others to consider the business and environmental benefits of using recycled plastics in product manufacturing, and help demonstrate that plastic is a circular resource—something that is increasingly critical to the future success of this industry. Use of recycled content is an automatic requirement, not a choice within a circular economy and we need to see significant progress in the use of recycled plastics in manufacturing. Whether this can happen without mandatory requirements in the future is unclear.”
The award draws attention to the advancements being made in recyclability of plastics and demonstrates opportunities, RECOUP says.
“Showing what can be done, and how plastics can be transformed, can drive demand for recycled plastics and broaden the spectrum of markets for plastics,” adds RECOUP.
Adrian Griffiths, CEO of Recycling Technologies, says, “The global issue of plastic waste is growing year on year. Our innovative technology addresses this and chemically recycles mixed plastic waste and turns it back into the oil it came from. We call this oil Plaxx. Our goal is for Plaxx to contribute to the circular economy and help build recycling rates for plastic in the U.K. from the current 40 percent achievable by mechanical means today, up to 90 percent.”
Working in collaboration with industry and technology partners including U.K. universities, Recycling Technologies says it has developed a chemical process, called the RT7000, to recycle what has long been considered “unrecyclable” scrap plastic films, including pouches, trays, tubes and laminates, which account for more than 60 percent of plastic packaging arisings. The RT7000 converts mixed plastic scrap into Plaxx, a waxy, low-sulphur hydrocarbon that is distilled into a suite of materials from wax to naphtha, the feedstock for new plastics manufacturimg. Each unit can annum of waste plastic into approximately convert 7,000 tons per 5,250 tons of Plaxx.
RECOUP is a registered charity and charity and not-for-profit member based organisation. RECOUP works in collaboration with all stakeholders to promote, develop, stimulate and increase the levels of plastics recycling within the U.K.
Recycling Technologies was formed in 2011 to commercialize the development of a plastic scrap energy conversion technique established originally by the University of Warwick in the U.K.
News Europe publisher, Crain Communications, says the PIAs recognize achievements in 15 categories, including materials usage, product design, manufacturing, training and environmental performance. Entries are judged by a panel of industry experts. Launched in 2001, and held annually in London, the PIAs are dedicated to rewarding innovation in an increasingly competitive market.]]>
The series of half-day executive symposia with networking lunches features keynote speakers from financial institutions, consumer brands, plastics manufacturing companies and national associations, plenary talks and interactive discussions covering topics from investment capital, acquisitions and projected demand to new product ideas, supply chain efficiencies and emerging technologies. The networking lunches allow executives the opportunity to meet and talk with the event’s speakers but also with their peers.
“The Plastics Leadership Summit will provide plastics executives unique access to premium learning and networking opportunities and facetime with industry experts to build the relationships they need to drive strategies leading to company success,” says the association’s President and CEO William R. Carteaux. “The Plastics Leadership Summit’s half-day schedule is intentionally designed to encourage executive attendees and speakers to visit the show floor, where they can marry what they’ve learned with technologies and innovations being showcased by exhibitors whose products and services relate to the presented themes.”
Over three days, the Plastics Leadership Summit features specific tracks and speakers:
- The Profit track, Tuesday, May 8, is specialized to support C-level executives and small- and middle-market company presidents and chief financial officers. Topics include capital sourcing for growth and acquisition, company valuation and corporate financial strategies. Speakers and panelists include:
- Sharon Miller, managing director, Bank of America;
- Charlie Gailliot, partner, Goldman Sachs;
- Craig Staub, managing principal, Odyssey Partners;
- John Hart, managing director, Plante Moran Corporate Finance; and
- Sam Smith III, senior vice president, Customers Bank Commercial Finance.
- The Product track, Wednesday, May 9, is designed for senior business development, sales and marketing and product/divisional business managers. It focuses on projected demand for existing and new ideas in aerospace, medical, food and beverage, lawn and garden and other industry market segments. Speakers and panelists include:
- Theresa Hermel-Davidock, worldwide director or core technologies, Becton Dickinson;
- Stephen Livernois, vice president of procurement, Becton Dickinson;
- Rene Lammers, senior vice president of global beverage R&D, PepsiCo;
- Catherine Hawkins, senior director of procurement, The Boeing Co.;
- Jay Olson, materials, engineering and technology manager, John Deere; and
- Scott Farmer, executive vice president, Berry Plastics.
- The Production track, Thursday, May 10, is geared toward manufacturing executives and general managers of manufacturing facilities. Topics range from workforce development to innovations including additive (3D and 4D) manufacturing and “smart manufacturing” throughout the supply chain. Speakers and panelists include:
- Jay Timmons, president and CEO, National Association of Manufacturers;
- Greg Haye, general manager materials and process development center, Local Motors Inc.;
- Tim Weber, global head of 3d materials and advanced applications, Hewlett Packard Inc.; and
- Peter Stansky, digitalization development manager, Siemens Inc.
In addition to the Plastics Leadership Summit, eight specialized education programs at NPE2018 will cover every facet of the plastics industry and offer insights to solve specific on-the-job challenges, Plastics says.
New educational programs at NPE2018 include the 3D Printing Workshop, presented by Additive Manufacturing Media and Plastics Technology; the Bottle Zone Technical Forum, hosted by PETplanet and the International Society of Beverage Technologists (ISBT); and the Re|focus Sustainability & Recycling Summit.
Returning educational programs at NPE2018 include the Agricultural Plastics Recycling Conference, ANTEC, Carpet America Recovery Effort, Plastics Industry Insights—IHS Markit and Seminarios Latinoamericanos, presented in Spanish.
NPE2018 is the triennial international plastics manufacturing exposition representing the entire plastics supply chain, where 65,000+ attendees from all sectors and from every part of the worldwide supply chain gather to learn about new technical advances, meet industry leaders and peers and explore every facet of the business, Plastics says. To attend the plastics industry’s leading educational programs, to register and for more information, visit www.npe.org.]]>
The Jackson County Developmental Center (JCDC) of Millwood, West Virginia, has announced a partnership with RightCycle by Kimberly-Clark Professional to provide employment for people who have disabilities.
The JCDC employees remove zippers and other metal parts from protective garments so that the apparel can be recycled through the RightCycle program, the first large-scale recycling program for nonhazardous lab, cleanroom and industrial waste. The employees include people who have survived traumatic brain injuries or have been diagnosed with autism spectrum disorders, learning disabilities and other conditions.
“Oftentimes people with disabilities are treated as if they can’t work,” says Sara Rose, development and communications specialist for JCDC. “The RightCycle program provides them with a job and a very clear task. It’s adaptable for lots of different ability levels—whether it’s removing a snap or zipper or processing the whole garment.”
The RightCycle program diverts previously hard-to-recycle items, such as single-use garments and gloves, from the waste stream and turns them into plastic pellets. The hard-to-recycle items are used to create consumer products and durable goods such as shelving, totes, and lawn and garden furniture. Since its launch in 2011, the program has diverted more than 450 tons of materials from landfills.
“The RightCycle Program is all about making a difference—diverting used garments and gloves from the waste stream and giving them a second life,” says Lisa Morden, senior director of global sustainability for Kimberly-Clark. “Working with JCDC enables us to extend the social impact of the program by helping to provide employment opportunities that help to improve people’s lives.”
The RightCycle Program also dovetails with JCDC’s commitment to the environment and to developing “green” lines of business, says JCDC.
“One of our goals is to eliminate waste in landfills and reduce, reuse and recycle,” says Mark Crockett, JCDC production manager. “This is a perfect example of going that extra step and getting a high volume of apparel and other items that had been previously landfilled and finding a way to recycle them.”
Crockett continues, “Generally, when you think of recycling, you think of wood pallets, plastic and glass, you don’t really think of cleanroom suits as being recyclable. This is a step in the right direction that, hopefully, will expand to a point where it becomes commonplace to recycle them.”
For JCDC employees, the program benefits extend beyond the financial.
“They grow by leaps and bounds because of the quality of life gained from employment,” Rose says. “The work also provides a sense of community and belonging.”
For some, JCDC says the experience has been life-changing. One current employee arrived at JCDC from another agency with a blunt assessment: “He can’t really do anything.”
“He’s been named employee of the year three times,” Crockett says of the employee today. “He works hard here. He bales. He counts. He weighs the bales. It just shows that with some patience, understanding and a willingness to let people show you what they can do, they can do anything.”
JCDC adds, “It’s a ripple effect that is felt well beyond the JCDC production floor. JCDC works to educate the community about the importance of inclusion and giving everyone a chance to participate in work and social activities. Families know that their loved ones are in a safe environment during the day. And employees without disabilities form friendships with people they might not otherwise get to know.”
“From the young woman working side-by-side with people with significant disabilities to the older gentleman who had previously been institutionalized and unable to contribute to society, the RightCycle program adds value to a wide variety of lives,” Rose adds. “People with disabilities are not defined by their disability. They’re defined by the same things the rest of us are. When you think about the big picture, we all want to have purpose. And I can’t think of a better purpose than giving someone the opportunity to find theirs.”
Since 1979, JCDC’s purpose has been to assist people with disabilities with support in their lives and in employment. JCDC helps people find, obtain and retain jobs in their communities and helps families by offering individuals with disabilities a safe place to be during the day.]]>
The 50-ton-per-hour system processes 1,000 tons per day and operates around the clock, according to a news release from VDRS, leaving little time for maintenance. Cleaning the old screens took too much time and manpower and ate into the time needed for other maintenance. The non-wrapping screens, which can be retrofit into any system, can reduce cleaning time by 90 percent, with customers reporting cleaning times of just 10 minutes per shift, VDRS says.
The company replaced six screens in the retrofit. Four Non-Wrapping 440 screens replaced four existing ONP (old newspapers) screens, and two new commingled screens (with an updated design) replaced two existing commingled screens. Each screen was upgraded from a 2,540-millimeter (8.3-foot) width to a 3,040-millimeter (10-foot) width. The system, which is rated for 50 tons per hour, frequently processes more than 60 tons per hour, and the extra width of the screens will give the MRF flexibility to further increase tonnage in the future, VDRS says.
More information on the screen is available by calling 203-967-1100 or emailing firstname.lastname@example.org.]]>
"If it has a cord or a battery, at some point, that product will need to be responsibly recycled," says TechWaste CEO, Richard Steffens.
But beyond electronics recycling, companies often need full product destruction, and this is where TechWaste's newly launched service comes in. Consumer protection, litigation, and brand reputation collectively being at all-time highs, present businesses and agencies with the need to protect themselves and their customers from faulty, counterfeit, expired, recalled, or otherwise unusable products. Only total product destruction can assure that returned, discontinued or unwanted products will not return the marketplace, TechWaste Recycling notes.
TechWaste Recycling's Certified & Secure Product Destruction service is designed to ensure brand and business names are protected at all times by providing complete product destruction. Even as a product has been discontinued, it could reach a secondary resell black market and still to the consumer represent the brand.
Depending on the product destruction requirements, TechWaste uses a variety of destruction processes, including shredding, crushing and manual destruction, to achieve desired results. TechWaste Recycling's product destruction methods allow for a high volume of products to be destroyed in minimal times, enabling it to handle any large project type requiring the demanufacturing of products, it says.
TechWaste is fully certified to destroy products and equipment and meet mandates and laws set forth by HIPAA (Health Insurance Portability and Accountability Act) , DOD (Department of Defense), CPSC (California Product Stewarship Council), and NSA (National Security Agency). TechWaste handles all of the logistics to ensure the safe and complete disposal of your products or equipment.
TechWaste Recycling guarantees proper disposal and liquidation by following all the rules and regulations set forth by the federal, state, local and Environmental Protection Agencies. All it takes is a call and they will do the rest for you. The legal framework, collection system, logistics and other services are all taken care of. Business clients need not worry about improper disposal, hefty fines and penalties because TechWaste Recycling never lets that happen.
TechWaste Recycling says it directly services all of Southern California and provides pickup services to its facilities from nationwide locations.
“We have seen a softening over recent weeks, but it is felt that we have reached the bottom and should see a more balanced market for the remainder of 2017,” said board member Tom Bird of United Kingdom-based Liberty Steel.
Divisional President William Schmiedel, who works in the United States for Sims Management Global Trade, remarked, “We have experienced quite a volatile marketplace, with traded cargoes at levels close to $240 all the way up to $360 to $370 per metric to.” He added, “This volatility is typical in a market in the recovery stage, with fixing levels finding new highs then backing off, but always only to a level that exceeded the previous bottom.”
Despite a strong scrap market for most of the year, India has been priced out of the international marketplace and its imports are expected to be around 40 percent lower than last year, said Bird, who offered market report summaries from fellow Ferrous Division members from around the world. “Overall steel demand has been sluggish [in India]. On a positive note, Bangladesh has been driving demand for scrap in the Indian Subcontinent with 2 million metric tons expected (to be imported) for 2017.”
In the U.S., car demand has been slightly off, although the recent loss of an estimated 500,000 vehicles because of hurricanes Harvey and Irma appears to have spurred additional sales in September.
In a “World Steel Recycling in Figures” update provided by Ferrous Division Statistics Advisor Rolf Willeke, he said China had exported almost 880,000 metric tons of ferrous scrap between January and August 2017, with more than 580,000 metric tons of shipped out in July and August.
In the first half of 2017, the EU remained the world’s leading ferrous scrap exporter, following an increase in its overseas shipments of 15.8 percent to nearly 10 million metric tons, with the four biggest buyers being Turkey (up 19.5 percent to nearly 6 million metric tons), Pakistan (down 6.4 percent to about 700,000 metric tons), the U.S. (up 31.5 percent to about 650,000 metric tons) and Egypt (up 118.5 percent to about 610,000 metric tons).
“India is an extremely important market for the ferrous scrap industry, and we are delighted that at last we have our global conference in this wonderful country,” Bird told delegates assembled in New Delhi.
India was the world’s second largest steel scrap importer in 2016 at 6.4 million metric tons. It currently is the third largest steel producer globally and will soon take over second position from Japan, according to guest speaker R. R. Ganesh, director of sourcing at India-based Jindal Stainless. “My country’s rapid urbanization will fuel steel production,” he told the meeting. “Demand for (stainless) steel scrap is growing rapidly in India, but domestic scrap availability remains minimal. Therefore, we will remain dependent on steel scrap imports for a long time.”
Jindal Stainless is to expand the melting capacity of its Jajpur-based Odisha stainless steel mill by 2.2 million metric tons to 3.2 million metric tons between 2017 and 2022, according to Ganesh.
Shri Sunil Barthwal, joint secretary at India’s Ministry of Steel, provided the meeting with an overview of developments in the steel industry, with a focus on his own country, and Atlanta-based market analyst Becky E. Hites of Steel-Insights LLC commented on how the Chinese government had succeeded in closing 120 million metric tons of annual induction furnace capacity at 500 sites during the past 12 months. This was portrayed as part of the government’s anti-pollution campaign and resulted in scrap exports from China to India and South Korea, among other Asian countries.
The closures have been made quite aggressively, according to Hites. “They cut water and electricity while trucks are sent to confiscate and literally pick up machinery,” she remarked, adding that some of the closed furnaces have migrated to India.]]>
Ingram Equipment, based in Pelham, Alabama, specializes in truck-mounted cranes, garbage trucks, vacuum trucks, rolloff trucks and similar equipment, serving the solid waste and municipal markets. Builtrite says Ingram’s current operations make it “a perfect fit to handle Builtrite’s line of truck-mounted material handlers, stationary electric material handlers and attachments for the states of Alabama, Mississippi and the Florida panhandle.”
“After my initial introduction of Builtrite products from Mike Walter, its Southeast regional manager, along with a subsequent trip to its Two Harbors plant and visits to several customers, it became clear to me that Builtrite would be a great fit for our company and its vision of expanding our product offerings into the markets we already serve, in addition to those we would like to pursue, like scrap recycling,” says Jeff Martin, president and general manager of Ingram.
Spring Hill, Tennessee-based Utility Equipment Service (UES) will now represent the full line of Builtrite products for the Tennessee market. Specializing in the sale and service of bucket trucks, truck-mounted cranes, truck bodies and similar equipment, UES caters primarily to the utility, municipality and general construction markets.
“We were aggressively looking to expand our footprint in the Tennessee marketplace by offering new products that fit with our company’s capabilities, expanded offerings to our current clientele and expanding to new markets, to better diversify and allow our company to grow,” says William Horton, president of UES. “After carefully vetting the Builtrite team and its products, it became clear to us that we will both benefit through this partnership.”]]>
The $3.5 million investment includes three new optical sorters from NRT, Nashville, Tennessee, and a Max-AI Autonomous Quality Control (AQC) unit. The Max-AI AQC employs a neural network-based AI designed to identify materials in a similar way to a person. Rather than using deterministic sensors, Max relies on its vision system and probabilistic decision making to provide robotic quality control for the plant’s polyethylene terephthalate (PET) containers.
A new NRT SpydIR optical sorter removes small cardboard boxes from the container line. The plant’s high-density polyethylene (HDPE) sorter was replaced by a new, larger NRT SpydIR, which is followed by a new NRT ColorPlus that sorts the HDPE by color. A new eddy current separator increases used beverage container (UBC) recovery. At the end of the line, the SpydIR that had previously recovered HDPE was combined with an integrated MetalDirector designed to boost the plant capture rate by recovering the last few plastic and metal containers that were missed by the main sorting process.
The addition of the new technology has also significantly reduced the plant’s headcount.
“While others are slowly adapting to the new reality, our system is running more material than ever,” Tim Horkay, Penn Waste director of recycling operations, says. “This upgrade was accomplished in just nine days and thanks to our partnership with BHS, we did not have to divert even a single load of material. The new container logic allows us to react to our new container-rich waste stream and capture more materials at higher levels of quality with fewer sorters. Commercial recycling isn’t easy right now, but thanks to this system and its upgrades, we are out in front and in a position to take on more material.”
“This investment in new technology is a testament to the ownership and management of Penn Waste and their commitment to their customers and employees,” Steve Miller, BHS CEO, says. “Completing a project like this in such a short timeframe was a challenge we did not take lightly, and our teams really stepped up and delivered. BHS is honored to have this ongoing and very successful partnership with such an excellent company.”
A video interview with Penn Waste’s Tim Horkay also includes footage of the upgraded system in action, including the new Max-AI AQC:
The company says the investment will help it to acquire equipment that will increase its production of food packaging, primarily for the fresh protein market.
$15 million will go toward the Cascades Inopak plant in Drummondville, Quebec. The funds will be used to expand the existing building and to install a high-performance recycled polyethylene terephthalate (rPET) film manufacturing line that includes a built-in decontamination unit. Cascades says this will make it possible to significantly increase the production capacity of Integral packaging, which is made from rPET, is recyclable and allows food in certain markets—such as fresh protein—to be kept for double the amount of time, thus reducing food waste.
Nearly $6 million will be invested in the Kingsey Falls Plastiques Cascades plant to modernize equipment, notably by adding a new extrusion line and two recycling lines, which will increase the production capacity by 25 percent and double the plant’s internal recycling capacity. The Kingsey Falls plant produces EVOK, the first polystyrene (PS) foam tray in North America to contain at least 25 percent recycled materials, according to Cascades.
“The strategic investments announced today will strengthen Cascades’ position in the food packaging segment, by increasing our production capacity thus providing the tools to increase our market share,” says Cascades President and CEO Mario Plourde. “They will generate more than 10 new jobs, primarily in the production and sales sectors, and will consolidate the 216 jobs that already exist in these two units. We are particularly proud of the fact that we lend our recovery expertise to the food sector and that we are taking the fight against food waste to yet another level.”
Luc Langevin, president and chief operating officer of Cascades Specialty Products Group, says, “In addition to our fresh protein containers, we are pleased to provide our customers with produce packaging that offers unique environmental added value. Cascades is the first company in North America to manufacture low-density PET packaging containing 80 percent recycled PET. Compared to the competition we can reduce the quantity of materials by approximately 10 percent for each container made. In addition to using fewer resources, our products are recyclable and provide optimum performance.”
The announcement regarding these investments was attended by Dominique Anglade, Deputy Premier, Minister of Economy, Science and Innovation; Alexandre Cusson, Mayor of Drummondville; as well as Cascades customers, suppliers and employees, among others. Cascades acknowledges the government’s contribution to this project in the form of a $6 million loan from Investissement Québec. Furthermore, Drummondville has begun infrastructure work in order to make the expansion of Cascades Inopak possible.
Founded in 1964, Cascades produces, converts and markets packaging and tissue products that are composed mainly of recycled fibers. The company employs 11,000 women and men, who work in close to 90 production units in North America and Europe.
“Chris is well known in the halls of Congress and in the halls of federal agencies. I am glad that he is joining the team at NWRA. Chris will be a strong advocate for the waste and recycling industry,” says Darrell Smith, NWRA president and CEO.
Greissing comes to NWRA from the mining industry. For the last decade, he led the government affairs team at the Industrial Minerals Association as the vice president, government affairs. Prior to that he represented about a dozen biotech and pharma companies on issues before the federal government.
"I am excited for the opportunity to join the team at NWRA. I am looking forward to helping our members establish and build relationships with government officials at the federal level," says Greissing.
Greissing received his undergraduate degree from Georgetown University and his law degree from California Western School of Law in San Diego. Chris lives in Reston, Virginis with his wife and three daughters.]]>
The National Trade Estimate (NTE) Report traditionally includes a chapter on China and the challenges U.S. companies encounter doing business in China, ISRI says. The report is read by members of Congress and the global trade community, providing another venue to raise public awareness about China’s scrap import restrictions, according to the association.
The 2017 NTE Report on Foreign Trade Barriers is the 32nd in an annual series that highlights significant foreign barriers to U.S. exports, according to the USTR’s website.
“As with previous public submissions, ISRI argues about the potential negative impact China’s ban and contaminants threshold could have on the U.S. recycling industry when implemented by the end of the year as expected,” ISRI says. “ISRI continues to promote ‘Scrap is Not Waste’ and to encourage the adoption of ISRI Specifications as guidelines for material content and quality. ISRI also offers support to China as the government addresses its environmental problems.”
In its comments, ISRI says it supports China’s efforts to protect the environment and to increase recycling rates in China. “We have offered our support to provide information on best practices in the industry,” ISRI says in its concluding comments.
ISRI continues in its conclusion, “We agree and support the need to separate unusable waste from high value, specification-grade commodities scrap and will continue to advocate for the adoption of ISRI’s Scrap Specification Circular as the global standard for evaluating waste and scrap imports. Such collaboration would go much further to help China address its environmental concerns than would restrictions on imports.”
ISRI’s response can be read in full here.
For more information, contact ISRI Senior Director of International Relations Adina Renee Adler by email at email@example.com.]]>
The 2016 U.S. recycling rate for polyethylene terephthalate (PET) bottles was 28.4 percent, which reflects a 2.4 percent decrease in total collection volumes and an increase of more than 3 percent in the total volume of PET bottles available for recycling in the U.S. The information is courtesy of the “Report on Postconsumer PET Container Recycling Activity in 2016,” which was released by the National Association for PET Container Resources (NAPCOR), Florence, Kentucky, and The Association of Plastic Recyclers (APR), Washington.
The full “Report on Postconsumer PET Container Recycling Activity in 2016” can be found on the NAPCOR and APR web sites at https://napcor.com/wp-content/uploads/2017/10/NAPCOR-APR_2016RateReport_FINAL.pdf and at www.plasticsrecycling.org/images/pdf/resources/reports/NAPCOR-APR_2016RateReport_FINAL.pdf, respectively.
“This was a strong year for PET bottle market growth, but another difficult one for the PET recycling industry,” says Tom Busard, NAPCOR chairman, chief procurement officer for Plastipak Packaging Inc. and president of Clean Tech, Plastipak’s recycling affiliate. “The challenges we saw in 2015—low virgin resin pricing and uncertain demand in both recycled scrap and rPET (recycled PET) end markets—continued to impact the industry in 2016. Despite these obstacles, the volume of PET collected in the United States and utilized by domestic reclaimers stayed consistent with that of 2015, and rPET used in domestic end market applications was up.”
The report’s recycling rate is derived by using the total volume of recycled PET material purchased by U.S. processors (reclaimers) and export markets in 2016—1,753 million pounds—taken as a percentage of the total volume of PET resin used in U.S. bottles and potentially available for recycling—6,172 million pounds. Of that 1,753 million pounds collected, 1,374 million were purchased and processed by domestic PET reclaimers, with the balance of collected material, 379 million pounds, sold to export markets, including Canada. This was the lowest export volume reported since 2004, comprising 22 percent of the total postconsumer PET volumes collected, according to the report. Exports to Asia and other markets outside North America dropped 11 percent over 2015, marking the sixth year of off-shore export decline.
“The PET recycling industry has taken some knocks this year, yet continues to demonstrate its strength in terms of consistent domestic material purchases and robust use of RPET in end market sectors,” says Steve Alexander, APR president. “This is an established, vibrant and resilient industry, but its significant challenges make it increasingly incumbent upon the broader value chain—from collection to end market users—to address key issues, including increasing the quantity and quality of collection, designing bottles for recyclability and fostering strong end market demand.”
Total volumes of rPET used in U.S. and Canadian end market applications increased by more than 5 percent to 1,501 million pounds in 2016. Fiber, bottle and strapping markets all showed growth in 2016, while rPET use in sheet and thermoforms dropped, most likely because of the effect of low virgin prices on this market segment, according to the report.
NAPCOR and the APR say they continue to work to address the industry’s ongoing challenges, focusing on how to maximize the capture of PET from the waste stream, improve efficiency in processing, reduce non-PET contamination in recycling streams and encourage awareness and understanding of APR’s Design for Recyclability Guidelines.
This is the 12th year NAPCOR and the APR have partnered to produce this report and the 22nd year it has been issued by NAPCOR in its current format. Information for the report was obtained through surveys conducted by NewGen Strategies & Solutions (http://www.newgenstrategies.net/), Richardson, Texas, and by More Recycling (http://www.morerecycling.com/), Sonoma, California, and from data generated internally by NAPCOR. Support also was provided by Resource Recycling Systems (RRS, www.recycle.com), Ann Arbor, Michigan.
The APR will host a “2016 National Postconsumer Plastics Bottle Recycling Rate Report Overview” webinar Tuesday, Nov. 7, 2017, from 1-2 p.m. EST. Visit https://www.plasticsrecycling.org/markets/web-seminars for more information and to register.]]>
The Oregon-based energy company recently expanded to include polystyrene conversion. The process uses recycled polystyrene to produce a styrene monomer and other petrochemical products, creating the first true circular economy for styrene, the Foam Recycling Coalition says.
“We are able to handle all types of foam polystyrene materials, including cups and food containers that might still have residue left on them,” says Brian Moe, Agilyx vice president of operations. “Agilyx is working hard to bring recycling options to the marketplace that have not existed in the past and is excited to see support for our efforts by the Foam Recycling Coalition.”
Lynn Dyer, president of the Foodservice Packaging Institute, which houses the coalition, says, “Companies like Agilyx provide the processing we need to help increase foam recycling across the country. Their efforts mean these valuable materials are able to be recycled in the communities they serve instead of going to landfills.”
Agilyx, which currently works with communities in the Northwest, has the capacity to process more than 3,000 tons of polystyrene foam annually, the Foam Recycling Coalition says. Adding a densifier at the front end of the operation will allow for more efficient recycling and processing.
The grant was made possible through contributions to FPI’s Foam Recycling Coalition, which focuses on increased recycling of postconsumer polystyrene foam. The coalition launched the grant program in 2015 to help fund infrastructure to collect and process these products. Its members include Americas Styrenics; Cascades Canada ULC; CKF Inc.; Chick-fil-A; Commodore; Dart Container Corp.; Dyne-A-Pak; Genpak; Hawaii’s Finest Products; INEOS Styrolution; NOVA Chemicals Corp.; Pactiv Foodservice/Food Packaging; and Total Petrochemicals & Refining USA.
Agilyx is the seventh grant recipient. Nearly 1 million additional residents in the U.S. and Canada can recycle foam because of the Foam Recycling Coalition’s grant program.]]>
The officers and board members for 2018 are:
- President Carmen Smothers, Environmental Solutions Group;
- Vice President Marsha Lacy, Republic Services;
- Secretary Cheryl Waite, Perkins;
- Treasurer Dianna Cervantes, WCA;
- Fundraising Chair Faith Zydowsky, Sierra Container;
- Membership/Marketing Chair Sarah Bryant, Petersen Industries;
- Professional Development Co-chair Kathy Trent, Waste Management, and Co-chair Katie Evans, Best Way Disposal;
- Scholarship Chair Kate Kanabay, Horwood, Marcus, Berk; and
- Past President Tammy Holtzman, Waste Connections.
“I am delighted to serve as president to the NWRA Women’s Council,” says Smother, product manager, organic waste solutions, for Environmental Solution Group.
She adds, “The Women’s Council will be celebrating its 15th year in 2018 and the members and the board have plans to recognize its contributions to the industry all year long.”
The Women’s Council fosters the professional development of women in the waste industry while striving to increase their business, financial and leadership skills through education, workshops, mentoring and networking. In addition, the Women’s Council offers scholarships to students in pursuit of a career in the environmental industry.
The Arlington, Virginia-based NRWA Women’s Council will award four scholarships at $7,500 each at WasteExpo in April 2018. The scholarship is funded with money raised from Split the Pot and decorated carts, which will be on display again as WasteExpo celebrates 50 years.
ICM says as of late October more than 150 delegates had already registered for the event, with more than 85 percent of them representing nations in Asia.
The keynote speaker at the event will be Dr. Axel Schweitzer, the CEO of Germany-based ALBA Group plc & Co. He will speak on the topic of “Boosting Recycling Business in China – ALBA Group´s Model for the Circular Economy.”
ICM says the conference “represents the most international gathering of its kind in the fields of electronics and cars collection, recycling, reuse and remanufacturing.”
Among topics to be addressed at the event will be:
- ELV recycling;
- electronics recycling;
- circular economy – government initiatives;
- sorting and processing technologies;
- manufacturer takeback schemes and recycling efforts;
- reuse and remanufacturing;
- transboundary shipment of reusable units;
- funding and financing for recycling projects in Asia; and
- dismantling versus shredding, best practices for highest ROI.
As part of the event, ICM also is organizing plant tours in China and Hong Kong Nov. 14 and 17 to the following destinations:
- the ALBA Integrated Waste Solutions Ltd. electronic scrap treatment and recycling facility in Hong Kong;
- Guangzhou Automobile Group Motor Co. Ltd. plant in China;
- Guangzhou Valuda Group’s car dismantling plant in China; and
- Foshan Shunde Xinhuanbao Resource Utilization Co. Ltd., which operates an electronics recycling plant in China.
English and Chinese simultaneous translation will be offered in the conference session room, according to ICM.
ICM says the event remains open for additional registrations. More information about registering for the conference can be found on this Web page.]]>