OSLO: Envipco, a global leader in recycling systems and reverse vending machines, announced its Q4 23 results on Thursday, March 7, 2024, showing a remarkable growth in revenues and profits, mainly due to its successful expansion in Europe. The company reported a 165% year-on-year increase in group revenues to EUR 35.4 million, with Europe…
AMSTERDAM: Aperam, a leading global stainless steel producer, announced its results for the full year and the fourth quarter of 2023, showing a decline in earnings and shipments due to the challenging market conditions. The company reported an adjusted EBITDA of EUR 304 million in 2023, compared to EUR 1,129 million in 2022, a…
OSLO, NORWAY: BEWI ASA has acquired 51 per cent of Volker Gruppe, is a trader of compacted and recycled material. It operates two facilities in the UK and Scotland, where they compact material, and leases compactors to customers. Volker Gruppe is one of the largest suppliers of EPS waste to BEWI Circular, with an…
OSLO: Aker Offshore Wind, Aker Horizons and University of Strathclyde have signed a Memorandum of Understanding aimed at driving forward the development of recovery processes for used glass fibre products, including a novel process developed at Strathclyde. Glass-reinforced polymer composites (GRP), used in wind turbine blades around the world, is recognized as a hard-to-break-down…
KARACHI, PAKISTAN: Federal Minister for Maritime Affairs Ali Zaidi said the country’s ship breaking industry was declining due to poor human resource management and collective failure at institutional level. “Pakistan used to be world’s leader in this industry in the past, but our poor human resource management and collective failure at institutional level has…
LONDON: Hargreaves Services plc announced an acquisition by its German associate company, Hargreaves Raw Material Services GmbH (HRMS), which furthers its strategy of creating an integrated specialist manufacturing and minerals trading business in Germany’s industrial heartland. Hargreaves has acquired 94.9% of DK Recycling und Roheisen GmbH (DK) from DK Holdings GmbH. The acquisition cost…