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One and One Green Technologies. INC to Report First Half of 2025 Financial Results on Monday, November 17, 2025
Globenewswire· 2025-11-13 13:00
Core Viewpoint - One and One Green Technologies, INC is set to report its unaudited financial results for the six months ending June 30, 2025, on November 17, 2025, with a subsequent earnings call scheduled for November 18, 2025 [1][2]. Company Overview - One and One is a leading waste materials and scrap metal recycling company based in the Philippines, recognized for its significant permitted annual recycling capacity and government-issued license to import hazardous waste as raw materials [4]. - The company focuses on processing raw materials into high-value products such as copper alloyingots, aluminum scraps, and plastic beads, providing scalable solutions for electronic waste, metal scrap, and industrial recycling [5]. Market Position and Strategy - One and One is positioned to capitalize on the increasing demand for responsible recycling services in the region, driven by its commitment to environmental sustainability and cost-effective resource management [6]. - The company aims to reduce processing costs and environmental impact while delivering stable growth prospects and ongoing innovation in one of Asia's dynamic markets [6].
WM Now Accepts To-Go Cups in Curbside Recycling
Prnewswire· 2025-11-12 14:00
Core Insights - WM has expanded its list of accepted recyclable materials to include polypropylene plastic cups and paper to-go cups, enhancing curbside recycling options for residents across the U.S. [3][4] Company Overview - WM, formerly known as Waste Management, is based in Houston, Texas, and is North America's leading provider of environmental solutions, offering collection, recycling, and disposal services to millions of customers in the U.S. and Canada [2][9]. Recycling Initiatives - The addition of plastic and paper cups aims to help municipalities and customers achieve new recycling designations, promoting greater recycling participation and awareness [4][7]. - Polypropylene cups are nearing qualification for a "Widely Recyclable" designation, which would allow over 60% of U.S. residents to recycle these cups curbside [5]. - Paper to-go cups are trending towards meeting the "Check Locally" designation, indicating that at least 20% of communities accept them in curbside recycling [5]. Investment in Infrastructure - WM is investing $1.4 billion in new recycling infrastructure across North America to enhance recycling capabilities and ensure more materials are processed into new products [6]. - The investment aims to make recycling more accessible for everyday plastic and paper cups, which are valuable recyclable materials [6]. Collaboration and Community Engagement - WM is collaborating with industry leaders, including Starbucks and The Recycling Partnership, to update recycling guidelines and improve community recycling programs [7]. - The company emphasizes the importance of collaboration among communities, industry leaders, and consumers to enhance recycling effectiveness [7].
Texas supply chain sector hit by more than 920 layoffs
Yahoo Finance· 2025-11-06 19:37
Core Insights - Over 920 supply chain-related workers in Texas are facing layoffs due to contract losses, production consolidation, and weakening consumer demand [1] Group 1: Layoff Details - Flagstone Foods LLC plans to lay off about 225 workers at its El Paso facility as part of a restructuring, shifting production to North Carolina and Alabama [3] - Congo Brands will lay off 155 employees at its Lewisville location, focusing on beverage and nutrition brands [4] - Eden Green Technology will close operations on December 13, resulting in 102 job cuts, after supplying fresh greens to retailers [5] - Natura PCR laid off 88 workers due to poor market conditions affecting demand for recycled plastic pellets [6] - Pure Hothouse Foods is closing a plant in San Antonio, leading to 80 layoffs as part of consolidation measures [7] - M&M Manufacturing is shutting down a factory in Houston, resulting in 75 layoffs, including six truck drivers [8] Group 2: Industry Impact - The layoffs span various sectors including food processing, packaging manufacturing, greenhouse production, and crude oil hauling, indicating pressure on labor-intensive segments of the supply chain [2]
ERI and Sony Electronics Bring Free E-Waste Recycling Event to Iowa County Fairgrounds
Businesswire· 2025-11-06 18:21
Core Points - ERI and Sony Electronics are collaborating to host a free e-waste recycling event in Iowa County, Wisconsin, aimed at providing a responsible disposal option for unwanted consumer electronics [1][4] - The event is scheduled for November 9, from 9 am to 1 pm, at the Iowa County Fairgrounds, where residents can drop off items such as computers, televisions, and mobile devices [2][3] - The first 100 participants will receive a coupon for $25 off their next Sony purchase of $100 or more, incentivizing community participation [3][4] Company Information - ERI is recognized as the leading material resource recovery, IT asset disposition (ITAD), and data destruction provider, with a commitment to environmentally responsible recycling practices [8] - Sony Electronics is a subsidiary of Sony Corporation of America, focusing on consumer and professional electronics, and is dedicated to sustainability through its global environmental plan, Road to Zero [7][4] - Both companies emphasize the importance of preventing electronic waste from ending up in landfills and promoting responsible recycling [4][8]
WM Announces Third Quarter 2025 Earnings
Businesswire· 2025-10-27 20:30
Core Insights - WM reported strong financial results for Q3 2025, with a revenue increase of 14.9% year-over-year, reaching $6,443 million compared to $5,609 million in Q3 2024 [2][4] - The company achieved double-digit growth in cash flow from operations, driven by disciplined growth, cost optimization, and sustainability investments [1][10] - Adjusted operating EBITDA for the WM Legacy Business grew by 8.7%, with a record operating EBITDA margin of 37.5% in the Collection and Disposal segment [3][4] Financial Performance - Total revenue for Q3 2025 was $6,443 million, up from $5,609 million in Q3 2024, reflecting a 14.9% increase [2][4] - Net income for Q3 2025 was $603 million, compared to $760 million in Q3 2024, resulting in diluted EPS of $1.49 [2][4] - Operating EBITDA for the total company was $1,718 million, with an operating EBITDA margin of 26.7% [2][3] Segment Performance - The WM Legacy Business generated $5,815 million in revenue, a 3.7% increase from the previous year, driven by a 6.0% core price increase and a 3.8% yield [4][10] - The Recycling Processing and Sales segment experienced a revenue decline of $60 million due to lower market prices for recycled commodities, with a nearly 35% drop in blended average prices [4][10] - WM Healthcare Solutions generated $628 million in revenue, slightly below expectations, as the company prioritized customer lifetime value [4][10] Cost Management - Total operating expenses for Q3 2025 were $3,833 million, with an adjusted operating expense margin of 59.5% [5][6] - SG&A expenses for the total company were $665 million, reflecting a margin of 10.3% [6][7] - The company improved adjusted operating expenses as a percentage of revenue for the WM Legacy Business by 160 basis points, attributed to better driver retention and strategic exits from low-margin contracts [5][10] Cash Flow and Investments - The company generated $4.35 billion in net cash from operating activities in the first nine months of 2025, a 12.0% increase from the prior year [10] - Free cash flow for the first nine months was $2.11 billion, a 13.5% year-over-year increase [10] - WM continues to invest in sustainability projects, with four new facilities commencing operations during the quarter [10][11] 2025 Outlook - The company affirms its adjusted operating EBITDA guidance of $7.475 to $7.625 billion and free cash flow guidance of $2.8 to $2.9 billion [10][11] - Total company revenue is expected to be approximately $25.275 billion, at the low end of prior guidance, primarily due to declining recycled commodity prices [10][11] - Projected adjusted operating EBITDA margin guidance has increased to between 29.6% and 30.2% [10][11]
26项案例 近三百亿元合作 广东打造金融赋能循环经济创新样本
Core Insights - The event in Guangzhou highlighted the importance of financial support for the development of the circular economy, showcasing innovative practices and collaboration between various stakeholders [1][2][3] Financial Support for Circular Economy - 26 financial support cases for the circular economy in Guangdong were presented, demonstrating the depth of integration between industry and finance [2] - A total of 24 enterprises signed agreements with financial institutions, resulting in a cumulative credit scale of 29.76 billion yuan, covering major cities and multiple sectors of the circular economy [2][9] - The circular economy market in China is projected to reach 4.6 trillion yuan by 2024, with a compound annual growth rate of 10.32% from 2019 to 2024 [4] Policy and Infrastructure Development - Guangdong has established a solid foundation for cultivating the circular economy, supported by a series of policies and the creation of multiple national demonstration cities and parks [5] - The province has initiated 155 parks for circular transformation, enhancing its industrial structure and technological level in the circular economy [5] Financial Innovation and Diverse Needs - The 26 financial support cases cover the entire circular economy chain, addressing financing challenges through targeted financial product innovations [6] - Different stages of the circular economy have varying funding needs, from short-term liquidity for resource recovery to long-term funding for remanufacturing [5][6] International Cooperation and Standards - The event facilitated a multi-level cooperation platform, sharing practical experiences and international practices in financing the circular economy [7][8] - Global development institutions and local banks signed cooperation intentions to enhance financial support for circular economy projects in Guangdong [8] Industry Collaboration and Project Examples - The event resulted in significant agreements, including a 18 billion yuan credit agreement for the Fushan Circular Economy Industrial Park, which integrates waste management and resource recovery [12] - Jinfa Technology's project on plastic recycling received a 1.5 billion yuan credit agreement, showcasing the role of technology in enhancing circular economy practices [13]
Stocks in news: RIL, HDFC Bank, YES Bank, IndusInd Bank, RBL Bank, Jain Resource
The Economic Times· 2025-10-20 01:20
Market Overview - The Nifty index maintains a positive tone with targets set at 26,000 and new lifetime highs anticipated, although traders are advised to focus on index heavyweights and larger midcaps due to broader market underperformance [1] Company Earnings - Reliance Industries (RIL) reported a 10% growth in consolidated Q2 net profit at Rs 18,165 crore compared to Rs 16,563 crore in the previous year, with revenue from operations at Rs 2.59 lakh crore, also up 10% YoY [2][15] - IDFC First Bank experienced a 75% YoY increase in standalone net profit to Rs 352.31 crore, although net interest income (NII) fell sharply by 40% YoY to Rs 5,112.57 crore [5][15] - IndusInd Bank posted a net loss of Rs 437 crore in Q2, reversing from a net profit of Rs 1,331 crore in the same quarter last year, with NII declining by 17.6% YoY to Rs 4,409 crore [6][15] - ICICI Bank reported a 5.2% YoY growth in profit after tax to Rs 12,359 crore and a 7.4% increase in NII to Rs 21,529 crore [7][15] - HDFC Bank's standalone net profit grew by 10.8% YoY to Rs 18,641.28 crore, with NII increasing by 4.8% YoY to Rs 31,550 crore [8][15] - UltraTech Cements saw a 75.2% YoY increase in net profit to Rs 1,232 crore, with net sales rising 21.3% YoY to Rs 19,371 crore [9][15] - JSW Energy reported a 17% decline in consolidated Q2 net profit to Rs 705 crore, while revenue from operations increased by 60% YoY to Rs 5,177 crore [10][15] - Yes Bank's net profit rose by 18% YoY to Rs 654 crore, with core net interest income increasing by 4.6% [13][16] Strategic Developments - RBL Bank plans to initiate a wealth management business following Emirates NBD's acquisition of a 60% stake for $3 billion, marking a significant cross-border acquisition in the Indian financial sector [11][15] - Realty firm Sobha is set to launch residential projects worth Rs 22,000 crore over the next 18 months across multiple cities [12][15] - IndiGo has placed a firm order for 30 additional A350-900 planes from Airbus to support its international expansion [14][16]
X @Bloomberg
Bloomberg· 2025-10-15 23:25
A battery-metals recycler that saw a 1,000% jump in its stock price in a year plummeted after a key US government grant was canceled https://t.co/QKz4GJkiJ9 ...
PureCycle (PCT) Surges 12% on EU Expansion
Yahoo Finance· 2025-10-15 20:54
Core Insights - PureCycle Technologies Inc. (NASDAQ:PCT) experienced a significant stock price increase of 12.22%, closing at $14.78, driven by investor interest in its expansion plans into the European Union [1] - The company received REACH Compliance certification, confirming its adherence to the EU's strict regulatory standards for health and environmental safety [2] - The REACH certification will facilitate the introduction of PureCycle's innovative dissolution recycling technology in Europe, with anticipated demand for its PureFive resin [3] - PureCycle plans to establish its first European facility in Antwerp, Belgium, with completion expected within three years [4]
Sprott Critical Materials ETF Reaches $100 Million in Assets
Globenewswire· 2025-10-14 12:00
Core Insights - Sprott Critical Materials ETF (SETM) has reached $100 million in assets under management as of September 23, 2025, and is the only ETF providing pure-play exposure to critical materials and mining equities essential for energy generation, transmission, and storage [1][2]. Investment Opportunity - The growing gap between supply and demand for materials essential to electrification is prompting nations to focus on energy security and resource nationalism, creating investment opportunities in the critical materials sector [2]. - SETM's index methodology ensures that only companies with a majority of their business operations related to critical materials are included, focusing on those involved in mining, exploration, development, production, recycling, refining, or smelting [2]. ETF Suite Overview - SETM is part of a suite of seven Sprott Critical Materials ETFs, which combine the benefits of ETFs with exposure to various critical materials and their miners [3]. - The suite includes ETFs focused on uranium, copper, lithium, nickel, and other critical materials, each designed to track specific indices related to their respective sectors [3][4]. Company Background - Sprott Asset Management USA, Inc. is a global asset manager specializing in precious metals and critical materials investments, with a focus on providing in-depth knowledge and experience in the sector [6].