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Vicat - Cancellation of funding agreement for the Lebec Net Zero project by the US Department of Energy
Globenewswire· 2025-06-03 06:30
Core Viewpoint - The US Department of Energy has canceled its funding agreement for the Lebec Net Zero project, which is part of a broader termination of 24 awards, but this does not affect Vicat's commitment to decarbonization [2][3]. Company Overview - Vicat Group has been a significant player in the mineral and biosourced building materials industry for 170 years and is listed on the Euronext Paris market, part of the SBF 120 Index, with majority control by the founding Merceron-Vicat family [4]. - 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, with activities in 12 countries and nearly 10,000 employees [4]. - In 2024, Vicat generated consolidated sales of €3,884 million [4]. Decarbonization Commitment - Vicat has set specific targets to reduce its direct carbon emissions to 497 kg CO2 net per ton of cement equivalent, and 430 kg CO2 net per ton of cement equivalent in Europe, relying on existing technologies rather than breakthroughs like carbon capture and storage [3].
JOINT VENTURE FOR INNOVATIVE PLASTICS RECYCLING PROMOTES CIRCULAR ECONOMY IN THE CONSTRUCTION INDUSTRY
Globenewswire· 2025-06-03 05:00
JOINT VENTURE FOR INNOVATIVE PLASTICS RECYCLING PROMOTES CIRCULAR ECONOMY IN THE CONSTRUCTION INDUSTRY Sika and Sulzer have signed a memorandum of understanding to establish a joint venture to advance plastics recycling in the construction industry. The aim is to combine the strengths of both companies: Sika's extensive expertise in polymer applications and high-performance building materials and Sulzer's leading process knowledge in chemical recycling. The joint venture, based in the Zurich area, will be ...
AeroFlexx's Innovative Liquid Packaging Receives Critical Guidance Recognition from Association of Plastic Recyclers
GlobeNewswire News Room· 2025-05-29 13:15
Core Insights - AeroFlexx has received Critical Guidance Recognition for recyclability from the Association of Plastic Recyclers (APR) for its proprietary mono-material AeroFlexx Pak, marking a significant achievement in sustainable packaging [1][2] Company Overview - AeroFlexx is a full-service liquid packaging company that combines the benefits of flexible and rigid packaging into a single product, transforming the industry and enhancing consumer experience while promoting sustainability [5] - The company is headquartered in West Chester, Ohio, and is part of the Innventure family of companies, providing packaging solutions across Europe, Southeast Asia, and the Americas [6] Sustainability Impact - The AeroFlexx Pak can eliminate up to 85% of virgin plastic compared to traditional rigid packaging, utilizing up to 70% less plastic at the source and incorporating up to 50% recycled content [3] - With a market adoption of 2.5 billion units, the AeroFlexx Pak could save 599.4 million kilowatt-hours of energy, 65.3 million gallons of gas, and reduce CO2 emissions by 256.8 million pounds, while preventing 980.8 million pounds of waste from entering landfills [4] - The production process of AeroFlexx Pak results in up to 83% less waste to landfills, 73% less water use, and a 69% reduction in greenhouse gas emissions compared to traditional rigid bottle production [4]
LKQ Publishes 2024 Global Sustainability Report
GlobeNewswire News Room· 2025-05-28 12:35
Core Insights - LKQ Corporation released its 2024 Sustainability Report, highlighting its commitment to driving success as a leading operator while supporting the global circular economy [1][2] - The company emphasizes a three-pillar strategy focused on sustainable solutions, people-led performance, and strong governance to manage risks and capitalize on opportunities [2][3] Company Achievements - In 2024, LKQ processed 735,000 vehicles and sold nearly 12 million salvaged parts, contributing significantly to the circular economy [5] - The company reduced Scope 1 and Scope 2 greenhouse gas emissions by 16% relative to revenue compared to a 2022 baseline, achieved through renewable energy use and energy efficiency upgrades [5] - LKQ donated over $4 million through its Community Foundation to various charitable causes, enhancing its community engagement and stakeholder relationships [5]
CARBIOS signs its first biorecycled PET sales contracts with two global cosmetics leaders
Globenewswire· 2025-05-27 15:45
CARBIOS has signed two multi-year commercial contracts for biorecycled PET from its Longlaville plant, with L'ORÉAL and L'Occitane en Provence, and has moved forward with the execution of this future plant’s strategyThese initial commercial contracts confirm market demand for high-quality, recycled and recyclable PET from enzymatic recycling Clermont-Ferrand (France), 27 May 2025 (17.45 CEST). CARBIOS (Euronext Growth Paris: ALCRB), a pioneer in the development and industrialization of biological technolo ...
TMD Energy Limited Announces Strategic Expansion into Oil Waste Collection as Core ESG Initiative
Globenewswire· 2025-05-21 14:10
Core Insights - TMD Energy Limited (TMDEL) is expanding into oil waste collection, enhancing its Environmental, Social, and Governance (ESG) commitments by collecting sludge oil and used cooking oil for conversion into biodiesel [1][2] - The company aims to leverage its logistics network to meet the rising demand for sustainable waste disposal, contributing to Malaysia's renewable energy goals [2][3] Company Overview - TMDEL is based in Malaysia and Singapore, providing integrated bunkering services, including ship-to-ship transfer of marine fuels, ship management, and vessel chartering [1][4] - The company operates in 19 ports across Malaysia with a fleet of 15 bunkering vessels, specializing in marine gas oil and various types of marine fuel oil [4] Strategic Initiatives - The entry into the biodiesel market aligns with government incentives and evolving regulatory frameworks, presenting growth opportunities [3] - TMDEL's initiative reflects a commitment to transforming waste into a valuable resource, aiming for operational excellence and ecological responsibility [3] - The company plans to engage in processing and distribution of biodiesel, positioning itself as a key player in Southeast Asia's green energy transition [3]
Miami-Dade County, FL Renews Partnership with GovDeals to Conduct Surplus Auctions
GlobeNewswire News Room· 2025-05-21 12:30
Core Insights - Miami-Dade County has initiated online surplus auctions on GovDeals, enhancing the sale of seized vehicles, industrial equipment, and office items [1][2] - The online auction process increases efficiency and accessibility, allowing a broader audience to participate, which improves the chances of selling surplus items [2] - Since starting online auctions in 2015, Miami-Dade County has generated over $36 million in auction proceeds [3] Company Overview - GovDeals is the leading marketplace for surplus government and educational assets, offering a range of items from heavy equipment to real estate [4] - The platform specializes in surplus disposition technology, enabling government agencies to sell assets in a transparent manner with lower fees compared to traditional auction methods [4] - GovDeals is powered by Liquidity Services, a trusted company in the circular economy, providing access to surplus assets across a centralized network [4]
SusGlobal(R) Announces Additional Sales of Carbon Credits and Verrs Generated from Its Belleville Composting Offset Project
Newsfile· 2025-05-21 12:00
Core Insights - SusGlobal Energy Corp. has sold an additional 1,500 Verified Emission Reductions and Removals (VERRs), bringing the total to 59,802 VERRs sold as part of its Anew™ SusGlobal Belleville Composting Offset Project in Ontario [1][5] Company Overview - SusGlobal Energy Corp. is focused on environmental and renewable solutions, particularly in the circular economy, and aims to monetize its carbon credits to generate revenue [5][8] - The company operates a 49-acre Organic & Non-Hazardous Waste Processing & Composting Facility in Belleville, Ontario, developed in collaboration with Anew Climate, LLC [2][8] Regulatory Environment - Ontario is implementing a food and organic waste disposal ban under the Environmental Protection Act, which prohibits the disposal of such waste in landfills, creating new opportunities for resource recovery and waste reduction [6] - This regulatory change is expected to drive investment in resource recovery systems, create jobs, and support innovation, benefiting SusGlobal's infrastructure and capabilities [6] Market Dynamics - The demand for composting facilities is increasing as municipalities seek to divert organic waste from landfills, which aligns with SusGlobal's initiatives to expand composting efforts across North America [5][6] - The revenue generated from carbon credits is anticipated to support technological advancements in waste management and composting [5]
Cabka NV Announces Changes in Supervisory Board
Globenewswire· 2025-05-21 06:00
Core Viewpoint - Cabka N.V. announces the resignation of Tova Posner Henkin from the Supervisory Board and the interim appointment of Anja Siegesmund, reflecting the company's commitment to sustainability and strategic growth in the recycling industry [1][3][4]. Group 1: Resignation and Appointment - Tova Posner Henkin resigns from her position on the Supervisory Board for personal reasons, effective 30 May 2025 [1]. - Anja Siegesmund is appointed as an interim member of the Supervisory Board, pending approval at the Annual General Meeting of Shareholders [1][6]. Group 2: Contributions and Experience - Tova Posner Henkin has been a member of the Supervisory Board since 2021, significantly contributing to the company's strategic direction and playing a key role in its listing on Euronext Amsterdam in March 2022 [2]. - Anja Siegesmund brings extensive experience in sustainability and environmental policy, having served as the former Minister of the Environment in Thuringia, Germany, and currently as Executive President of the German Association of Waste Management, Water and Recycling Industry [3][5]. Group 3: Strategic Implications - The appointment of Anja Siegesmund is seen as a strategic move to enhance Cabka's focus on sustainable logistics and recycled material innovation [4]. - The company aims to strengthen its position in the recycling industry by leveraging Siegesmund's expertise in environmental protection and circular economy [4][5].
ATRenew(RERE) - 2025 Q1 - Earnings Call Transcript
2025-05-20 13:02
ATRenew (RERE) Q1 2025 Earnings Call May 20, 2025 08:00 AM ET Company Participants Jeremy Ji - Director of Corporate Development & Investor Relations Conference Call Participants Joyce Ju - AnalystNone - AnalystMichael Kim - Senior Analyst Operator Good morning and good evening, ladies and gentlemen. Thank you for standing by and welcome to AT Renu Inc. First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. We will be hosting a question and answe ...