Recycling: Page 8
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Rubicon reports further progress on profitability plan during 2023
The company reported improvements in metrics such as adjusted gross profit and adjusted EBITDA due to higher-margin business with multiple clients, but it did not provide financial guidance for the year.
By Cole Rosengren • March 8, 2024 -
5 themes from the Senate hearing on packaging EPR
The Senate Committee on Environment & Public Works gathered comments from SC Johnson, Ameripen and World Wildlife Fund.
By Maria Rachal • March 7, 2024 -
Low-energy chemical recycling method could offer solution for mixed and biobased plastics
Scientists at a federal lab recently released the results of a project, funded by Google, that looked at handling a mixed stream of PET and PLA. Figuring out how to scale this concept beyond the lab is an ongoing discussion.
By Mary Catherine O'Connor • March 6, 2024 -
MRF robotics company Glacier raises $7.7M, partners with Amazon
The funding round will help refine the company’s AI-enabled robotics technology, which Amazon says could identify “novel packaging materials” it might be able to recycle or repurpose.
By Megan Quinn • March 6, 2024 -
Largest public waste companies spent an estimated $4.2B on M&A in 2023
Spending by WM, Republic Services, Waste Connections, GFL Environmental and Casella Waste Systems didn’t surpass recent records, but the companies still did dozens of deals throughout the U.S. and Canada.
By Cole Rosengren • March 5, 2024 -
Solarcycle to build $344M recycled solar glass plant in Georgia
The manufacturer will produce up to six gigawatts of recycled solar glass annually, starting in 2026.
By Sara Samora • March 1, 2024 -
Enviri sees ‘best quarter in many years,’ awaits regulations to estimate PFAS opportunities
Enviri reported positive growth in its Clean Earth and Harsco Environmental segments as the company continues shifting to focus solely on environmental solutions.
By Megan Quinn • Feb. 29, 2024 -
RSG 2023 earnings
Republic reports strong core business growth in 2023, eyes new opportunities in 2024
The company surpassed its full-year guidance as core pricing and average yield increased in the fourth quarter. Republic expects additional opportunities, including those related to PFAS, to fuel growth in 2024.
By Jacob Wallace • Feb. 28, 2024 -
How 3 major waste companies view business opportunities from Canada’s EPR expansion
Executives from WM, GFL Environmental and Waste Connections all commented during recent earnings calls about how and where they think it’s worth pursuing contracts and investing in MRF infrastructure.
By Megan Quinn • Feb. 27, 2024 -
Textile recycler Renewcell files for bankruptcy
The Circulose fiber manufacturer was unable to secure financing following several quarters of declining sales.
By Lara Ewen • Feb. 26, 2024 -
Negotiation stalemate pushes Los Angeles to verge of rebidding commercial waste contracts
Haulers such as WM and Republic Services say they need more time to discuss a contract amendment. LA Sanitation staff and elected officials appear ready to put the whole recycLA franchise system back out to bid.
By Cole Rosengren • Feb. 26, 2024 -
Waste Connections acquires assets from Waste-Away Group in Indiana
The deal expands Waste Connections’ presence into the state. Waste-Away is a third-generation family business that offers collection, recycling and document destruction services in Elkhart and the surrounding areas.
By Megan Quinn • Feb. 26, 2024 -
Q4 earnings results for major waste and recycling companies
Follow the latest results from WM, Republic Services, Waste Connections, GFL Environmental, Casella Waste Systems, Clean Harbors, Enviri and Stericycle.
By Waste Dive Staff • Updated March 6, 2024 -
Clean Harbors’ environmental services segment continues hot streak to end 2023
The company projects another year of growth for its environmental services segment in 2024 thanks to capital investments and acquisitions. It’s also making changes to boost its struggling Safety-Kleen business.
By Jacob Wallace • Feb. 22, 2024 -
D.C. updates strategy to reach ‘zero waste’ by 2040, including many policy proposals
The plan extends the deadline for an 80% diversion rate to 2040. It calls for actions such as building a MRF, implementing commercial waste zones and banning certain items from disposal.
By Megan Quinn • Feb. 22, 2024 -
It’s black and white: Walgreens details cap color change among sustainability efforts
The pharmacy chain's own-brand product packaging changes are among its efforts to meet 2030 targets. Parent company Walgreens Boots Alliance also touted packaging sustainability work in its 2023 ESG report.
By Katie Pyzyk • Feb. 21, 2024 -
GFL 2023 earnings
GFL posts record solid waste pricing, sees expansion opportunities through EPR and M&A
Continued strong pricing, combined with volume shedding of subpar contracts, contributed to margin expansion in solid waste. That trend combines with other tailwinds as GFL continues to improve its debt.
By Jacob Wallace • Feb. 21, 2024 -
Rheaply eyes expansion plans in multiple cities to reuse more furniture amid office rethink
The Chicago-based startup aims to bring more businesses onto its reusable materials exchange platform to divert items from disposal.
By Megan Quinn • Feb. 21, 2024 -
3 finalists for waste conversion facility named in Atlantic County, New Jersey
The finalists will benefit from the county’s waste flow ordinance, which ensures access to a waste stream that has topped 100,000 tons a year in recent years.
By Jacob Wallace • Feb. 20, 2024 -
CWST 2023 earnings
Casella says acquisition activity, safety improvements marked an ‘exceptional’ year
Casella touted a successful year from numerous acquisitions and operational improvements. Executives previewed further infrastructure upgrades at the Willimantic recycling facility, plus a $800M acquisition pipeline for 2024.
By Megan Quinn • Feb. 16, 2024 -
Deep Dive
5 issues to watch as New York reshapes its commercial waste system
Many questions remain about how companies were selected, how much recycling investment will occur, how soon companies get electric vehicles, when implementation will begin and more.
By Cole Rosengren • Feb. 16, 2024 -
SWANA comes out in support of bottle bills
The updated policy endorses container deposit systems that allow recyclers to participate, set higher deposit values and include curbside materials. It contrasts with NWRA’s general opposition to bottle bills.
By Megan Quinn • Feb. 15, 2024 -
Massachusetts legislature keeps multiple waste and recycling bills in play after key deadline
Bills seeking to ban certain plastic products, update the state’s bottle bill and establish extended producer responsibility laws for packaging, paint and mattresses all survived an initial committee deadline on Feb. 8.
By Cole Rosengren • Feb. 14, 2024 -
CalRecycle director stepping down in March
Rachel Machi Wagoner will leave her role after three years in the position. The director job will be challenging to fill, industry experts say, as the agency is in the middle of implementing several high-profile laws.
By Megan Quinn • Updated Feb. 15, 2024 -
WM 2023 earnings
WM touts sustainability spending, ‘strong’ operations growth to wrap up Q4
Executives credited price and cost-saving measures for Q4 earnings growth and said the company will invest up to $2.9B in its recycling and renewable energy platforms through 2026.
By Megan Quinn • Feb. 13, 2024