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VICAT - Liquidity contract situation as of 20250630
Globenewswire· 2025-07-22 16:00
Group 1 - The liquidity contract between Vicat and Kepler Cheuvreux was established, with Kepler Cheuvreux taking over the market-making role from Natixis Oddo BHF on April 1, 2025 [1] - As of June 30, 2025, specific resources were recorded in the dedicated liquidity account, indicating the financial activities under the contract [1] - The total traded volumes from January 1, 2025, to June 30, 2025, included significant buy and sell transactions, reflecting active market participation [1][5] Group 2 - Vicat is a prominent player in the mineral and biosourced building materials industry, listed on Euronext Paris and part of the SBF 120 Index, with a majority control by the founding Merceron-Vicat family [3] - The company aims for carbon neutrality in its value chain by 2050 and operates in three main business lines: Cement, Ready-Mixed Concrete, and Aggregates [3] - In 2024, Vicat generated consolidated sales of €3,884 million and has a workforce of nearly 10,000 employees across 12 countries [3]
Steel Dynamics(STLD) - 2025 Q2 - Earnings Call Presentation
2025-07-22 15:00
Financial Performance - Steel Dynamics reported a net income of $299 million[12], with diluted earnings per share (EPS) of $2.01[12] - The company's adjusted EBITDA was $533 million, representing a 12% margin[12] - Steel Dynamics generated $302 million in cash flow from operations[12] - The company repurchased 1.1% of its outstanding shares, amounting to $200 million[12] - Net sales reached $4.6 billion[12] Operational Highlights - Steel average external sales price per ton was $1,134, a 14% sequential increase[16] - Total steel shipments amounted to 3,350 thousand tons[16] - Ferrous recycling shipments reached 1,597 thousand gross tons[16] - Nonferrous recycling shipments totaled 246 million pounds[16] Strategic Investments and Growth - The company is ramping up operations at its new Sinton, Texas flat roll steel mill, a $1.9 billion greenfield investment[34] - Steel Dynamics is investing $2.7 billion in a greenfield aluminum flat roll mill with a production capacity of 650,000 tonnes[34] - The company is investing approximately $300 million in a biocarbon production facility with a planned capacity of 228,000 metric tons[34] Sustainability - Steel Dynamics aims to reduce Scope 1 steelmaking GHG emissions by as much as 35% with its biocarbon investment[34, 80] - The company increased its use of renewable electrical energy to 14% within its steel mills[52]
CARBIOS enters the r-PET market for tire textile filaments
Globenewswire· 2025-07-21 15:45
Core Insights - CARBIOS has signed a multi-year commercial agreement with Indorama Ventures for the supply of biorecycled monomers, which will be transformed into r-PET filaments for Michelin tires [1][7] - This agreement signifies a strategic commitment to convert complex PET waste into high-performance materials, leveraging CARBIOS' enzymatic recycling technology [2][4] - The partnership is part of CARBIOS' pre-commercialization efforts for its Longlaville plant, following recent sales contracts with global cosmetics leaders [3][4] Company Overview - CARBIOS is a biotechnology company focused on developing biological solutions for plastic and textile lifecycle management, with a mission to prevent pollution and promote a circular economy [6] - The company has operationalized its industrial demonstration plant for biorecycling since 2021 and plans to resume construction of the world's first biorecycling plant in the second half of 2025, pending additional funding [6] - Indorama Ventures is a leading sustainable petrochemicals producer with a revenue of $15.4 billion in 2024, focusing on innovative and circular materials across various essential markets [9] - Michelin, a global leader in engineered materials, aims to integrate enzymatically recycled r-PET into its products as part of its commitment to achieving 100% renewable and recycled materials by 2050 [10]
Cielo Announces Execution and Closing of Amended Settlement Agreement
Globenewswire· 2025-07-17 14:12
Core Viewpoint - Cielo Waste Solutions Corp. has executed an amended and restated settlement agreement with Expander Energy Inc. and related parties, effectively unwinding certain previous transactions, with the unwinding closing on July 16, 2025, pending approval from the TSX Venture Exchange [1][2]. Group 1: Amended Settlement Agreement - The Amended Settlement Agreement replaces a prior settlement agreement executed on April 29, 2025, which was initially expected to close on June 13, 2025 [1]. - The unwinding pertains to transactions completed under an asset purchase agreement dated November 8, 2023, amended on September 16, 2024 [2]. Group 2: Share Cancellation and Legal Proceedings - Approximately 40 million shares have been surrendered by the Settlement Parties for cancellation, with an additional 20 million shares potentially to be surrendered by December 31, 2025 [5]. - All agreements between Cielo and the Settlement Parties, including a license agreement and several service agreements, have been terminated, and Cielo has relinquished its interest in the assets initially acquired [5]. Group 3: Financial Obligations - Cielo has issued a promissory note and general security agreement totaling C$748,208.79 to certain Settlement Parties, which is subject to Exchange approval [5]. - The Settlement Parties have agreed to dismiss all legal proceedings against Cielo [5]. Group 4: Company Overview - Cielo Waste Solutions Corp. focuses on transforming waste materials into renewable fuels, aiming to address global waste challenges and contribute to the circular economy [4]. - The company is committed to using environmentally friendly technologies and seeks to generate positive returns for shareholders [4].
Ecolomondo Ships its First Commercial Truckload of Recovered Carbon Black Produced at its Hawkesbury TDP Facility
Thenewswire· 2025-07-17 14:00
Montreal, QC – TheNewswire - July 17, 2025 -- Ecolomondo Corporation (TSXV: ECM) (OTC: ECLMF) (the “Company” or “Ecolomondo”), a leading Canadian innovator in sustainable scrap tire recycling technology, has shipped its first commercial truckload of recovered carbon black (“rCB”) produced at the Hawkesbury TDP facility to its main offtake client. The Company recently announced that its main offtake client for rCB has approved the quality of rCB produced at the Hawkesbury TDP facility. The quality accepta ...
Aduro Clean Technologies Joins Plastics Industry Association and Polystyrene Recycling Alliance to Support Industry Collaboration on Recycling Innovation
Globenewswire· 2025-07-17 11:00
Core Viewpoint - Aduro Clean Technologies Inc. has joined the Plastics Industry Association and the Polystyrene Recycling Alliance to enhance its efforts in advancing polystyrene recycling solutions and promoting sustainability in the plastics industry [1][3][5] Group 1: Membership and Collaboration - Membership in the Plastics Industry Association connects Aduro to a network of stakeholders committed to sustainability and circularity in the plastics sector [3] - The Polystyrene Recycling Alliance aims to improve polystyrene recovery rates through collaboration among resin producers, recyclers, and technology developers [2][5] - Aduro's participation in these organizations reflects its commitment to innovation and addressing challenges in polystyrene recovery [5][6] Group 2: Technology and Innovation - Aduro's Hydrochemolytic™ Technology (HCT) utilizes water and a catalyst at moderate temperatures to convert waste plastics into valuable hydrocarbon products, achieving higher yields with minimal by-products [4][11] - HCT has demonstrated the ability to convert post-consumer polystyrene into hydrocarbon intermediates such as toluene, ethylbenzene, and cumene, which are compatible with existing chemical infrastructure [4][11] Group 3: Industry Challenges and Goals - Polystyrene recovery rates are low, with less than 6% of polystyrene packaging recycled in the U.S. and only about 10% in Canada [7][8] - The PSRA's mission includes addressing systemic challenges such as limited collection infrastructure and public misconceptions about recycling [5][9] - Aduro's involvement in the PSRA aligns with its broader R&D efforts to enhance recycling solutions and promote circularity in the plastics industry [5][6]
What if textile waste was fashion's most valuable resource? | Nana Sacko | TEDxGöteborg
TEDx Talks· 2025-07-16 15:35
Challenges in the Fashion Industry - The fast fashion business model, built on shorter lead times, cheaper garments, and higher volumes, poses a significant challenge to sustainability [3] - A disconnect exists between production and consumption, leading to overproduction and a throwaway culture, exemplified by textile waste landfills [10][11] - Recycling textiles back into textiles is a complex process, hindering the industry's ability to effectively manage textile waste [12] - Newly produced garments are sometimes cheap enough to be donated instead of worn, and the quality is often too poor for them to be reused [9] Sustainable Solutions and Initiatives - Reusing existing garments and keeping them at their highest quality for as long as possible before downcycling is crucial [13] - Redesign, or upcycling, can turn textile waste into valuable products, as demonstrated by Eleanor Nilson's bathrobes made from unwanted towels [14][15] - Supporting emerging fashion designers focused on circular solutions, such as upcycling wool waste, repurposing knitted tablecloths, and creating new fabrics from secondhand materials, is essential for driving systemic change [17][18][19] - Collaboration with microfactories and larger companies to implement circular ideas, such as bringing back previous collections and making new garments out of old ones, can scale sustainable practices [16] Opportunities for Sweden - Sweden has the potential to lead the transformation towards a more sustainable fashion industry due to its history of design and quality, world-class designers and fashion schools, expertise in textile sorting, and environmentally conscious population [21][22] - New EU regulations making it illegal to throw textiles in household waste or destroy them create transparency and necessitate responsible management of textile waste [21] The Importance of Connection and Investment - Garments should represent connection, understanding, and involvement, making them more than just disposable items [23][24] - Investing in unique, tailored garments and understanding their origins fosters a sense of value and encourages longevity [23]
Ecolomondo Gets Quality Acceptance for Recovered Carbon Black Produced at its Hawkesbury TDP Facility
Thenewswire· 2025-07-16 14:15
Core Viewpoint - Ecolomondo Corporation has achieved commercial acceptance of its recovered carbon black (rCB) from its Hawkesbury TDP facility, marking a significant milestone in its sustainable scrap tire recycling technology [1][6]. Production and Quality Assurance - The company has completed the commissioning of new milling equipment and rCB processing line, leading to the commencement of production and ramp-up [2]. - Rigorous testing was conducted using new laboratory equipment to ensure that all quality parameters for rCB met the thresholds required by offtake clients [3]. - After confirming quality thresholds such as humidity, pellet size, hardness, ash content, and particle size, samples were shipped to clients for testing [4]. Client Engagement and Orders - Clients conducted their own tests on the received samples, yielding positive results similar to the company's tests [5]. - Following successful testing, the main offtake client issued an initial order for one truckload (23 metric tons) of rCB to be shipped immediately [5]. Facility Capacity and Production Expectations - Once fully operational, the Hawkesbury TDP facility is expected to process approximately 1.3 million to 1.5 million scrap tires annually, producing around 4,000 metric tons of rCB, 5,000 metric tons of pyrolysis oil, 2,000 metric tons of steel, and 1,200 metric tons of process gas [7][15]. Future Growth and Strategic Direction - Ecolomondo aims to expand its operations aggressively in North America and Europe, focusing on building and operating TDP facilities strategically located near feedstock and clients [18]. - The company is also planning to construct the Shamrock facility, which is projected to process 5 million end-of-life tires per year, significantly increasing its production capacity [16]. Environmental Impact - The TDP process is expected to reduce greenhouse gas emissions by 90% compared to the production of virgin carbon black, with the Hawkesbury and Shamrock facilities projected to reduce CO2 emissions by 15,000 and 45,000 tons per year, respectively [23]. Certification and Market Position - The Hawkesbury TDP facility has received International Sustainability and Carbon Certification (ISCC), enhancing the commercial value of its end-products through traceability in the supply chain [19].
AmmPower Announces Recent Signing of Memorandum of Understanding and other Operational Updates
Thenewswire· 2025-07-16 12:35
Core Viewpoint - AmmPower Corp. has signed a Memorandum of Understanding (MOU) with Klean Industries to collaborate on green hydrogen production and ammonia solutions, enhancing their capabilities in renewable energy applications [1][2]. Company Developments - AmmPower aims to develop new applications for its containerized ammonia production technologies, focusing on renewable and distributed ammonia solutions for North America [2]. - The company has appointed David Wojie as the new Director of Business Development, replacing Eric Kelley, and is currently seeking candidates for a technology development position following Dr. Zhenyu Zhang's departure [5]. Industry Context - Klean Industries is recognized for its expertise in recovering clean energy from waste and has established a consortium of technology partners to promote circular solutions in the mobility sector [3]. - The collaboration with Klean will enable the deployment of green fuel facilities that produce, store, and distribute carbon-free fuels, supporting the transition to sustainable energy sources [2][4]. - Klean Industries specializes in advanced thermal technologies such as pyrolysis and gasification, converting waste into valuable energy and resources, thereby contributing to a low-carbon circular economy [6][7]. Technology and Innovation - AmmPower's IAMMTM (Independent Ammonia Making Machine) technology is designed for distributed production of green ammonia, which is essential for applications like carbon-free shipping fuel and green fertilizers [8]. - The partnership with Klean is expected to enhance the economic model for distributed green ammonia production, providing flexibility in the placement of IAMMTM units [4].
Europe Reconfigurable Battery Systems (RBS) Market Analysis and Forecast, 2025-2035 | Remote and Off-Grid Energy Solutions, & Government Support and Incentives Fueling Opportunities
GlobeNewswire News Room· 2025-07-10 13:50
Market Overview - The Europe reconfigurable battery systems (RBS) market was valued at $897.0 million in 2024 and is projected to reach $3.56 billion by 2035, with a compound annual growth rate (CAGR) of 13.61% from 2025 to 2035 [1][15]. Industry Drivers - The increasing demand for flexible and scalable energy storage solutions across various sectors, including grid stabilization, renewable energy integration, and electric mobility, is driving the growth of the European RBS industry [2][3]. - Ambitious EU climate targets and funding programs, such as national green-energy subsidies and Horizon Europe research grants, are accelerating deployment [4][5]. - The focus on domestic battery production, supported by policies like the Net-Zero Industry Act and Critical Raw Materials Act, is enhancing local sourcing and recycling capabilities [5][14]. Technological Advancements - Developments in cell chemistry, flexible system topologies, and integration with smart-grid platforms are enhancing RBS capabilities [3]. - Innovations in modular battery packs, smart battery management systems (BMS), and reconfigurable hydrogen energy storage are pivotal for improving scalability and efficiency [8]. Market Opportunities - The RBS market presents substantial opportunities for both established players and new entrants, with strategies including mergers and acquisitions, strategic collaborations, and geographic expansion [9]. - The emphasis on reducing carbon footprints and aligning with global energy sustainability goals is further accelerating market expansion [9]. Competitive Landscape - Major players in the European RBS market include technology providers and integrators, with a focus on strategic partnerships and technological collaborations to identify untapped revenue opportunities [10]. - The competitive landscape analysis supports market participants in enhancing their position through innovation and sustainability initiatives [10]. Challenges - High initial investment requirements for advanced BMS and infrastructure can deter smaller players from entering the market [14]. - Regulatory fragmentation and lack of unified technical standards across EU member states can slow cross-border deployments [14][17].