Page 11 from: April 2011
11April 2011
N E W S www.recyclinginternational.com
Sales Manager (m/f)
• European market
• Shredder wear parts
• Technical background
• German language necessary
G. Stroh, Albert Hoffmann GmbH, Bergrather Str. 66, 52249 Eschweiler-Germany
[email protected] Phone: + 49 (0) 2403 798 – 202
www.albert-hoffmann.de
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* TSR
Leading German metals recycler TSR and two partners have formed a new
enterprise in Denmark called TSR Danmark ApS. The venture will act as a trading
company through which TSR plans to increase its volumes from Denmark and
Scandinavia. TSR holds an 80% stake in the new venture. The remaining shares
are split equally between the enterprise’s Managing Director Torben Smedegaard
and its Director Flemming Bo Nielsen. www.tsr.eu
* S+S
The Munich-based investment company VTC Group has acquired a 70% interest in
fellow German firm S+S Separation and Sorting Technology GmbH of Schönberg.
S+S was bought out of the Hoesch-Krupp Group some 18 years ago by Paul Dittrich,
Franz Greipl, Helmuth Frisch and Karl Eibl. Under the latest agreement, Mr Frisch
and Mr Eibl will continue in their roles as executive managers of S+S and will further
develop the company in concert with the new partner. www.sesotec.com
* Upstate
After a decade in the planning, rapidly-expanding US scrap processor Upstate
Shredding-Ben Weitsman has put forward a proposal to create a new state-of-the-art
scrap metal facility in Scranton, Pennsylvania. The company has acquired land for the
facility which will be known as Ben Weitsman of Scranton and which is scheduled to
become operational by June 1 this year. The company expects shortly to announce
another acquisition in the Albany area of New York as it continues an aggressive
expansion strategy in the tri-state region. www.upstateshredding.com
*Galloo Plastics
Galloo Plastics, a subsidiary of Belgium’s Galloo group, is proposing to invest
several million Euros in enlarging its plastics recycling plant in the north of Hal-
luin, Belgium. The total processing area will climb from 20 000 to 32 000 square
metres by the end of 2012. The company workforce of 45 should increase to 65
when the plant attains full capacity; production should reach 100 000 tonnes
of plastic granulate in about five years, according to the management team. In
the current year, Galloo Plastics is expected to produce 25 000 tonnes different
plastic grades. www.galloo.com
* Paprec Plastics
Paprec Plastics has acquired Gen Bro (Crushing Generation), a small recycler
from Guitalens in France that had gone bankrupt. The transaction will enable
Paprec to strengthen its presence in the far west of the country.
Paprec already owns a number of plastics recycling companies, with more than
150 000 tonnes processed annually. Gen Bro was formed in 1997 by Bruno Delpino
who, along with its dozen employees, has joined Paprec. www.paprec.com
Business
The UK’s first integrated sorting, pro-
cessing and recycling facility for mixed
household plastics has opened in Redcar,
Middlesbrough in the north of England.
Operated by Biffa Polymers, the plant
was established with £1.187m funding
from the UK government’s Waste &
Resources Action Programme (WRAP).
Marcus Gover, WRAP’s director of mar-
ket development told: ‘WRAP is delight-
ed that Biffa’s Redcar mixed plastics
facility is now open. This is a significant
development for the UK’s green econo-
my – creating jobs and developing a
new manufacturing stream from this
newly recyclable material. This marks
another major milestone in the history
of recycling.’
Said to be the first of its kind in the UK,
the plant will enable mixed plastics to be
sorted, washed and processed into a reus-
able high-grade industrial commodity.
From next month, the plant will begin
processing 15,000t per year of mixed
household plastics including yoghurt
pots, meat trays, fruit trays and marga-
rine tubs, into industrial grade recycled
plastics. The facility will process plastics
from Biffa’s material recycling facilities
(MRFs) as well as local authorities and
commercial Biffa customers from Eng-
land, Scotland, Wales and Ireland.
Full capacity of 20,000 tonnes per year
will be reached by April 2012.
www.biffa.co.uk
UK’s first integrated processing
plant for mixed plastics
MBA Polymers, the multi-national
clean-tech leader in recycling engineer-
ing plastics, has secured additional
equity funding worth approximately US$
15 million to boost its most recent
financing round which began last sum-
mer to a total of around US$ 40 million.
The money will be used to support the
company’s existing operations and
growth plans, including the building of
new factories in Europe and Asia.
Ambienta I, Europe’s largest private
equity fund specialising in environmental
investments, is leading the latest funding
and will become a significant minority
shareholder in MBA Polymers. Founded
in 1993, MBA Polymers currently operates
three facilities – in China, Austria and the
UK – while its customers include top
global brands in the electronics and appli-
ance industries. The company generated
approximately US$ 36 million in revenues
during 2010, doubling its 2009 figure.
Richard McCombs, CEO of MBA Poly-
mers, says of the latest developments:
‘We believe that Ambienta will provide
strong strategic and operational value
to MBA given its investment objectives
and geographical location. With Ambi-
enta SGR’s investment, MBA will be able
to continue our aggressive growth to
meet our customers’ needs for high-
quality post-consumer recycled plastic.’
www.mbapolymers.com
New US$ 15 million
funding for MBA Polymers
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