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Food Waste Management Market Set to Reach USD 132.17 Billion by 2034, Driven by Sustainable Solutions and Technological Advancements
Globenewswire· 2025-10-16 13:30
Core Insights - The global food waste management market is projected to grow from USD 81.78 billion in 2025 to USD 132.17 billion by 2034, with a CAGR of 5.44% [1][35] - The market is driven by increasing sustainability awareness, government initiatives, and advanced technologies for waste reduction [2][6] Market Overview - The food waste management market was valued at USD 77.63 billion in 2024 and is expected to grow significantly in the coming years [1] - North America held the largest market share of 35% in 2024, while the Asia Pacific region is anticipated to be the fastest-growing market [7][34] Market Segmentation - By solution type, the collection and logistics segment captured 28% of the market share in 2024, while software and analytics are expected to grow [7][36] - The municipalities and government programs segment dominated the end-user market with a 40% share in 2024, indicating strong government involvement in waste management [7][38] - Aerobic composting led the technology segment with a 30% share in 2024, while on-site systems are projected to grow [7][40] Growth Drivers - Growing environmental awareness and stringent government regulations are key factors driving the market [25][27] - Technological innovations, such as AI and IoT, are enhancing waste management efficiency and sustainability [20][21] Regional Analysis - North America is the dominant region due to effective food waste management programs and sustainable technologies [32] - The Asia Pacific region is experiencing rapid growth due to urbanization, government initiatives, and rising environmental awareness [34] Recent Developments - Partnerships, such as the one between Ikea and Vanguard Renewables, are focusing on converting food waste into clean resources [16] - Various countries have implemented policies to reduce food waste, such as mandatory food donation in France and Italy [16] Key Players - Major companies in the food waste management market include Darling Ingredients, Anaergia, Covanta, and BioHiTech Global, each specializing in different aspects of waste management [48]
Agilyx investment transaction in GreenDot completed
Prnewswire· 2025-10-16 12:48
Core Insights - Agilyx ASA has completed the acquisition of approximately 44% of GreenDot Global S.à r.l., enhancing its position in the European recycling market and creating a global platform for sourcing feedstock for advanced recycling [1][2][4] Acquisition Details - The acquisition was finalized on October 15, 2025, following the approval of all conditions at an Extraordinary General Meeting on October 3, 2025 [2] - Agilyx contributed EUR 7 million to a EUR 27 million investment round for GreenDot [2] GreenDot's Business Expansion - GreenDot is focused on expanding its mechanical recycling capabilities and has secured a 10-year feedstock supply contract for 20,000-34,000 tons per annum from a third-party advanced recycling facility [3] - The company is projected to generate approximately EUR 400 million in sales for 2025 and is acquiring a mechanical recycling facility in Italy [3] Leadership Comments - Agilyx's CEO expressed optimism about building a leading pan-European plastic recycling platform and collaborating with GreenDot [4] - GreenDot's CEO highlighted the importance of the new capital for expanding facilities in Germany, Austria, and Italy, and emphasized the synergies created by the partnership with Agilyx [4]
Loop Industries Reports Second Quarter Fiscal 2026 Results and Provides Update on Positive Progress Towards Commercialization
Accessnewswire· 2025-10-15 20:35
Core Insights - Loop Industries has secured a multi-year offtake agreement with a leading global branded sports apparel company for the sale of Twist™ polyester from the Infinite Loop India facility [1] - The company has also established an offtake agreement to supply DMT to Taro Plast from Infinite Loop India [1] - Strategic alliances have been formed with Shinkong and Hyosung TNC to support the shift by global apparel brands towards textile-to-textile circular polyester [1] - An acquisition agreement has been made for a 93-acre site for the Infinite Loop facility in India [1] - Positive progress has been reported on project debt financing for Infinite Loop India [1] - The commercialization timeline for Infinite Loop Europe is advancing [1] - Loop Management will hold an update call on October 16, 2025, at 8:45 AM ET [1]
Insider information, positive profit warning: Lassila & Tikanoja specifies its outlook for 2025. Net sales are estimated to be at the same level as in the previous year, and adjusted operating profit is estimated to be EUR 44 – 48 million
Globenewswire· 2025-10-15 14:00
Core Viewpoint - Lassila & Tikanoja plc has issued a positive profit warning for 2025, specifying that net sales are expected to remain at the same level as the previous year, with adjusted operating profit estimated between EUR 44 million and EUR 48 million [1][2]. Group 1: Revised Outlook - The revised outlook for 2025 indicates that net sales are projected to be consistent with the previous year, while adjusted operating profit is expected to improve compared to 2024 [2][3]. - In 2024, Lassila & Tikanoja reported net sales of EUR 770.7 million and an adjusted operating profit of EUR 43.2 million [1]. Group 2: Reasons for Guidance Revision - The company attributes the positive revision to favorable developments in its business operations, particularly in Facility Services in Finland and Sweden, despite a challenging market environment [4]. - The solid performance at the beginning of 2025 has led to the improved outlook for adjusted operating profit [4]. Group 3: Company Overview - Lassila & Tikanoja is focused on implementing circular economy practices, aiming to enhance the use of raw materials and energy while creating value for customers and shareholders [5]. - The company operates in Finland and Sweden, employing approximately 7,400 people, and is listed on Nasdaq Helsinki [5].
Ecolomondo Appoints Mario Mantaci, P.Eng., M.Eng. as Chief Technology Officer
Thenewswire· 2025-10-14 13:30
Core Insights - Ecolomondo Corporation has appointed Mario Mantaci as Chief Technology Officer to lead technology development and optimization, focusing on the ramp-up of the Hawkesbury TDP facility [1][5][7] Company Overview - Ecolomondo has developed its proprietary Thermal Decomposition Process (TDP) over 25 years, investing over $52 million in its first commercial facility in Hawkesbury, Ontario [2][10] - The company aims to be a leader in sustainable tire recycling and the circular economy, producing reusable commodities from scrap tires [11][14] Technology and Operations - The Hawkesbury facility is designed to process approximately 1 million scrap tires annually, producing around 4,000 MT of recovered carbon black, 5,000 MT of pyrolysis oil, 2,000 MT of steel, and 1,200 MT of process gas [12] - Ecolomondo's TDP technology is more advanced than most pyrolysis technologies, addressing various operational challenges [19] Environmental Impact - The TDP process is expected to reduce GHG emissions by 90% compared to virgin carbon black production, with annual CO2 reductions of 15,000 tons from the Hawkesbury facility and 45,000 tons from the upcoming Shamrock facility [20] Future Plans - Ecolomondo plans to expand its TDP facilities, with the Shamrock facility projected to process 5 million tires per year, yielding significantly higher outputs than the Hawkesbury plant [13][15] - The company is also focused on achieving ISCC certification and implementing ESG initiatives to enhance operational protocols and sustainability [6][16][18]
Lassila & Tikanoja plc will publish Interim Report January-September on 29 October 2025
Globenewswire· 2025-10-14 07:00
Lassila & Tikanoja plc Investor News14.10.2025 at 10.00 am Lassila & Tikanoja plc will publish Interim Report January-September on 29 October 2025 Lassila & Tikanoja plc will publish Interim Report January-September on Wednesday 29 October 2025 at 8.00 am. After publication, the release will be available on the company's website at www.lt.fi/en. Lassila & Tikanoja will host a webcast for analysts, investors and media on 29 October 2025 at 10.30 am EET. The presentation material will be published on the co ...
Syensqo - Participation notification by Capital Group Companies Inc.
Globenewswire· 2025-10-14 06:30
Core Viewpoint - The Capital Group Companies, Inc. has crossed the 3% threshold of voting rights in Syensqo, now holding 3.02% as of October 6, 2025, according to Belgian transparency legislation [1][5][20]. Company Overview - Syensqo is a science company focused on developing innovative solutions that improve various aspects of life, work, travel, and leisure, with a global team of over 13,000 associates across 30 countries [3][11]. - The company aims to create safer, cleaner, and more sustainable products used in homes, food, consumer goods, transportation, and healthcare applications, contributing to a circular economy [4][12]. Recent Developments - The notification from The Capital Group Companies, Inc. indicates an acquisition of voting rights, with the total voting rights after the transaction being 3.02% and no equivalent financial instruments held [1][5][20]. - The denominator for the voting rights calculation is 103,921,273 shares [5][20].
The AI Infrastructure Opportunity
Yahoo Finance· 2025-10-13 18:44
Core Insights - The combined projected spending on AI infrastructure by Amazon, Microsoft, Alphabet, Meta, and OpenAI is estimated to reach $325 billion by the end of the year [1][2][4]. - Major tech companies are significantly increasing their capital expenditures (CapEx) for AI, with Microsoft at $64.6 billion, Amazon at $107.7 billion, Alphabet at $66.9 billion, and Meta at $52.2 billion, while Apple is comparatively lower at $12.4 billion [4][6]. AI Infrastructure Investment - The AI infrastructure opportunity is seen as a paradigm shift, with companies integrating AI into their workflows and operations [3][4]. - Alibaba is highlighted as a strong investment opportunity in AI, with significant investments in AI capabilities, including data centers and custom chips, and a rapidly growing Cloud Intelligence unit [6][8]. - AMD is positioned as a competitor to NVIDIA, having signed a multi-year deal with OpenAI to supply compute capacity, which is expected to generate substantial revenue [9][10]. Market Predictions and Trends - There is a prediction of a mini crash in the AI infrastructure investment theme within the next three years, leading to a reevaluation of spending by major hyperscalers [12][13]. - Despite potential downturns, there is a belief that the demand for AI infrastructure will remain strong, with forecasts suggesting $2 trillion in investment by 2026 and $4 trillion by 2030 [13][14]. - The emergence of specialist AI models is anticipated, which could lead to more efficient use of resources and quicker returns on investment [14][15]. Company Evaluations - Klarna is viewed as a "breaker" due to its pioneering role in the buy now pay later industry, despite concerns about reliance on consumer spending [17][18]. - StubHub is considered a "faker" due to its struggles with margins and potential regulatory scrutiny, indicating challenges in sustaining its market position [19][20]. - Fermi, a new company focused on building data center scale electric power, is labeled a "faker" as it is seen as a business plan without substantial revenue or operational history [22][24].
The Hidden Forces of Sustainability | Dr. Y. Malini Reddy | TEDxHITAM
TEDx Talks· 2025-10-13 16:27
द टीम हैज़ ऑलरेडी मेंशंड ओवर द लास्ट 30 इयर्स ऑफ माय प्रोफेशनल लाइफ आई हैव मूव थ्रू सेवरल एस्पेक्ट्स सेवरल एरियाज सेवरल सेक्टर्स एंड सेवरल ज्योग्राफीस विथ अ बैकग्राउंड इन इकोनॉमिक्स एंड मैनेजमेंट आई हैव वर्क्ड इन द एरियाज ऑफ़ अ पैडल मैन्युफैक्चरिंग एजुकेशनल क्वालिटी, अर्बन डेवलपमेंट, पॉलिसी इशज़, वाटर सैनिटेशन, हाइजीन, वेस्ट मैनेजमेंट, सर्कुलरिटी एंड नाउ इन सस्टेनेबिलिटी। दिस इज़ माय फर्स्ट कॉर्पोरेट रोल। सो आई एम इन द फॉर प्रॉफिट सेक्टर। सम ऑफ़ यू मे थिंक आई हैव नो फोकस इन लाइफ। आइ रियली कांट ब्लेम यू। बट फॉर्च ...
Gestamp and Hydnum Steel sign clean steel agreement
Yahoo Finance· 2025-10-13 12:22
Core Insights - The collaboration between Gestamp and Hydnum Steel aims to utilize clean steel produced with renewable energy and green hydrogen for automotive components, marking a significant advancement in the decarbonization of the mobility sector [1][2] Group 1: Partnership Details - Gestamp will supply high-quality steel scrap from its stamping processes to Hydnum Steel, which will produce ultra-low CO₂ emission steel using renewable energy and green hydrogen [2] - The agreement includes technical collaboration to develop steel grades that meet the automotive industry's stringent standards, with Gestamp gaining priority access to these low-emission steels [3] Group 2: Sustainability and Circular Economy - The collaboration supports circularity, a crucial element for decarbonizing the automotive supply chain and achieving the long-term goal of a Net Zero Car [4] - Gestamp's decarbonization strategy focuses on sustainable raw materials, material recycling, and partnerships to promote cleaner mobility, with steel and aluminum recycling being critical due to their significant emissions [5][6] Group 3: Hydnum Steel's Production Model - Hydnum Steel's Puertollano plant will utilize an electric arc furnace powered entirely by renewable energy, aiming for a 98% reduction in emissions compared to traditional steel mills by substituting natural gas with green hydrogen [7] - The plant will implement a closed-loop water treatment and reuse system, achieving zero discharge [7] Group 4: Statements from Leadership - The Chief Purchasing Officer of Gestamp emphasized that the agreement is a step forward in decarbonizing the automotive industry and reinforces the company's circular economy model focused on sustainable resource management [8]