Economy & Markets

Manitou presents growing revenues

| The french material handler company reaches a growth of 10 percent for the second quarter of 2014.

Steel market: EU recovery taking hold

| The forecast expects growth rates at 3 to 3.5 percent for 2014 and 2015.

New mobile scrap shears from Copex

| According to the manufacturer, the new range named REFLEX is especially developed for the compacting and shearing of welded structures, white goods, car bodies, collected scrap and all kinds of non-ferrous metals.

Recycling for Rare Earths in Michigan

| 3S International claims to be the only company using a Bluebox unit in the US.

Norsk Hydro: Hydro takes control of Søral aluminium plant

| Aluminium company Hydro and Rio Tinto Alcan (RTA) have signed an agreement for Hydro to take over RTA's share of the aluminium smelter Sør-Norge Aluminium AS (Søral) in Norway.

Third Navy ship dismantled in Brownsville

| The Navy awarded a contract to International Shipbreaking Limited of Brownsville, Texas, for the towing, dismantling and recycling of conventionally powered aircraft carrier Constellation.

Metso drives energy-from-waste plant

| Nearly 70% of UK's energy-from-waste plants run with Metso's automation solutions.

Marine ecosystems damaged by plastic waste

| Concern is growing over widespread plastic waste that is threatening marine life – with conservative yearly estimates of $13 billion in financial damage to marine ecosystems, according to two reports issued at the inaugural meeting of the United Nations Environment Assembly.

Recycling industry should be “core actor” in EPR scheme governance

| Extended producer responsibility (EPR) schemes have gained significant traction in France but, in their current form, pose a number of risks for recycling companies, the BIR International Environment Council (IEC) meeting in Miami was told by Alfred Rosales, Executive Director of French recycling federation FEDEREC.

Major strides in e-scrap handling over the last decade

| Volumes of waste electrical and electronic equipment (WEEE) are rising rapidly - especially in emerging countries - and yet “there is not really a level playing field” when it comes to treatment standards, it was alleged at the latest BIR E-Scrap Committee meeting by Volker Pawlitzki, Senior Vice President of the Recycling/Precious Metals Business Unit of major Germany-based refiner Aurubis.

End-of-life tyre market takes intercontinental turn

| America’s end-of-life tyre (ELT) landscape has been transformed over the last 20 years or so, the BIR Tyres & Rubber Committee meeting in Miami was informed by Charles Astafan, General Manager of US-based tyre recycling equipment manufacturer Columbus McKinnon.

BIR President cautiously optimistic about business prospects

| The BIR Convention in Miami had attracted more than 1200 participants from 63 countries - “a great achievement given the still very difficult market conditions”, World President Björn Grufman of Sweden-based Metallvärden AB told the world recycling organisation’s General Assembly.

BIR: Multiple pressures on textiles recyclers

| Harsh weather conditions, theft and declining prices are some of the challenges the textile recycling industry has to face.

Nissan: Recycling earns 560 yen per vehicle

| The company announced that they have reached a recovery ratio of 97,2% in Automobile Shredder Residue (ASR) und 99,5% in end-of-life vehicles (ELVs), which leads to a net surplus of more than 800,000,000 yen