Recycling: Page 15
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CWST 2023 earnings
Casella raises revenue guidance; net income takes hit with one-time costs
The $525M deal to acquire GFL assets, along with other recently completed acquisitions, are now reflected in Casella's updated guidance. A separate deal to acquire Twin Bridges is under attorney general review.
By Megan Quinn • July 28, 2023 -
Stericycle meets debt leverage ratio goal, maintains 2023 guidance
The company also continues to divest from international businesses and says it’s moving toward “greater investment flexibility” in the future.
By Megan Quinn • July 27, 2023 -
GFL 2023 earnings
GFL Environmental raises 2023 guidance, pays down debt after divestitures
The Canada-based company is using higher-than-expected proceeds from three separate asset sales to improve its leverage ratio and invest more in sustainability projects.
By Jacob Wallace • July 27, 2023 -
WM 2023 earnings
WM lowers 2023 guidance due to commodity prices but reports ‘solid results’ despite headwinds
WM CEO Jim Fish said he was pleased with how the company managed inflation, commodity and volume headwinds to end the second quarter.
By Megan Quinn • July 26, 2023 -
Casella Waste’s $20M Boston MRF upgrade positions company for long-term regional growth
A major retrofit at one of the nation’s largest MRFs comes with expanded capacity, lower staffing, cleaner material and new AI capabilities. Waste Dive toured the facility shortly after its reopening.
By Cole Rosengren • July 26, 2023 -
House Appropriations Committee approves slashing EPA budget, pulling back EJ grants
The budget approved last week would cut EPA’s budget by 39% and rescind Inflation Reduction Act-funded climate grants, but it also called for more attention to chemical recycling and plastic-based fuel research.
By Megan Quinn • July 24, 2023 -
Sponsored by Rubicon
How Glendale’s solid waste department built its digital future
Glendale’s solid waste department is set to save 24,000 miles annually by optimizing its operations.
July 24, 2023 -
Amazon phasing out plastic mailers and working to reduce e-commerce packaging
While 92% of its packaging material weight in the U.S. and Canada is recyclable curbside, Amazon intends to further eliminate hard-to-recycle materials and has seen a boost in deliveries that ship in their own containers.
By Katie Pyzyk • July 21, 2023 -
Wastequip touts recycled Toter cart, safety and diversity in first ESG report
The company has been working to align its goals through a corporate responsibility program since 2020. The report reveals the carbon intensity of certain products and progress in using recycled resins in Toter products.
By Jacob Wallace • July 20, 2023 -
Bottle bill report aims to debunk claims that program costs hurt beverage sales
The report, led by the Container Recycling Institute and Reloop, says there’s no evidence container deposit system costs impact sales. Cost concerns were among the reasons Vermont’s governor vetoed a recent bottle bill update.
By Megan Quinn • July 20, 2023 -
Nova Chemicals, Novolex collaborate on facility for making PE from mechanically recycled film
The plant will deliver 100 million pounds of recycled polyethylene annually when it reaches full capacity, which Nova expects to occur in 2025.
By Katie Pyzyk • July 19, 2023 -
Oregon governor signs hauler-supported electronics EPR bill covering more devices
The state’s 14-year-old program is being refreshed with a host of newly added items that will be accepted come 2026.
By Megan Quinn • July 18, 2023 -
Coca-Cola to source rPET from Republic Services’ upcoming polymer centers
The company is the first announced customer for a new network of secondary plastic recycling facilities as it aims to use at least 50% recycled material in its packaging by 2030.
By Maria Rachal • July 17, 2023 -
WIN Waste resets leadership team, elevating Mayo to CEO
Dan Mayo, formerly CFO, is now leading the New Hampshire-based company. Bob Boucher is stepping back after an eight-year tenure that included multiple acquisitions and growth to more than $1 billion in annual revenue.
By Cole Rosengren • July 14, 2023 -
Minnesota looks to reduce Twin Cities’ waste fast as disposal capacity tightens
A proposed 20-year plan for the metro area places an emphasis on strategies to reduce waste at its source and would require local governments to make numerous changes in collection programs and other policies.
By Jacob Wallace • July 13, 2023 -
Michigan lawmakers reintroduce proposal to cover more categories under 10-cent bottle bill
Lawmakers have proposed updates to the bottle bill for several years. The latest version calls for adding more containers and funneling more funds to dealers, environmental cleanups and fraud investigations.
By Megan Quinn • July 12, 2023 -
PIRG report urges ban on disposable e-cigarettes to curb waste, battery fire risk
A Public Interest Research Group report says banning disposable e-cigarettes is necessary to mitigate growing levels of pollution and reduce lithium-ion battery fire risk. The nonprofit supports state and federal legislation to help.
By Megan Quinn • July 11, 2023 -
Wash-off labels continue to gain ground as brands look to make their containers more readily recyclable
While the concept has been around for years, the emergence of producer responsibility laws and other recycling targets could make it more mainstream.
By Hollie Stephens • July 10, 2023 -
Vermont Gov. Scott vetoes bottle bill expansion; advocates look to legislature for override
The affected bill would have expanded the types of containers the state’s program covered, among other changes. Scott cited a preference for separate single-stream recycling efforts in his veto message.
By Cole Rosengren • July 5, 2023 -
Casella Waste completes $525M acquisition of GFL Environmental’s mid-Atlantic assets
The purchase of hauling, transfer and MRF assets in Delaware, Maryland and Pennsylvania is Casella’s largest deal in years. It also marks the final step in GFL’s divestiture plan.
By Cole Rosengren • July 5, 2023 -
Pratt Industries opens $253M box factory in Texas
The advanced manufacturing facility, the company’s fifth in Texas, will produce 100% recycled corrugated boxes and provide 375 “green-collar manufacturing jobs.”
By Katie Pyzyk • July 3, 2023 -
Connecticut governor signs waste bill into law but cites ‘concerns’ over long-term sustainability
Gov. Ned Lamont said the law won’t divert as much waste from disposal or help prevent more waste from being shipped out of state compared with the version of the bill he first introduced.
By Megan Quinn • June 30, 2023 -
Waterhouse: Less plastic production, stronger state laws could curb environmental justice impacts
At an environmental law panel, former EPA official Carlton Waterhouse said plastic production reduction must be part of U.S. efforts to fight environmental injustices, a view he hadn’t voiced during his time at the agency.
By Megan Quinn • June 29, 2023 -
Republic Services plans upgrades at recently-acquired Massachusetts MRF
Republic now has two MRFs in the state after acquiring a single-stream facility from JRM Hauling & Recycling in 2022. Waste Dive took a recent tour.
By Cole Rosengren • June 28, 2023 -
Deep Dive
Demand for recycled plastic in packaging is growing. So are concerns about potential health risks.
Recent studies have raised questions about health effects from plastic, including recycled material, as companies and regulators increasingly look at ways to advance the use of recycled resin in food-grade packaging.
By April Reese • June 28, 2023