Waste Management completes SWS/Sun Recycling acquisition
Waste Management Inc. of Florida has announced that it has completed its acquisition of certain business assets of Southern Waste Systems (SWS)/Sun Recycling in the Florida counties of Miami-Dade, Broward, Palm Beach, Martin and St. Lucie.
With this transaction, Waste Management Inc. of Florida is acquiring operations and assets at 12 SWS/Sun Recycling facilities located in Palm Beach, Broward and Miami-Dade Counties. The deal closed Jan. 8, 2016.
“Today marks the beginning of us bringing together two very successful, complimentary businesses, and we’re excited to welcome the more than 750 talented and dedicated SWS employees to the Waste Management team,” said Tim Hawkins, area vice president, Waste Management Inc. of Florida.
National Waste Management Holdings makes acquisition
National Waste Management Holdings Inc., Hernando, Florida, says it has completed its acquisition of Waste Recovery Enterprises LLC located in Bainbridge, New York, for $250,000 and 2.75 million restricted shares.
The definitive membership interest purchase agreement provides for the purchase of all of the outstanding membership interest of Waste Recovery Enterprises LLC by National Waste Management. The completed acquisition is expected to generate revenue for National Waste Management in excess of $1.5 million annually with gross profit margins of approximately 45 percent.
Waste Recovery Enterprises operates a permitted waste processing and disposal facility in Bainbridge.
The facility has been in continuous operation since 1998 and principally serves the northeastern U.S. industrial and residential markets.
“The addition of this facility to National Waste’s family of permitted facilities provides us with a northeastern presence and an exceptional platform to better serve and expand into key waste markets,” says Louis Paveglio, National Waste Management CEO. “Waste Recovery’s facility will allow us to enhance our service offering, bid and win more work, and increase penetration of key accounts.”
“The acquisition of Waste Recovery is consistent with our business strategy to acquire facilities that increase our geographic footprint, augment services to existing customers and attract new customers in under-serviced markets,” adds Jeff Chartier, president of National Waste Management.
National Waste is a growing and emerging vertically integrated solid waste management company with a concentration on construction and demolition (C&D) collection, hauling and recycling. The company services Florida’s west coast and upstate New York.
Paper mill closing leaves gap in C&D wood market
The idling of a paper mill in Oregon has dried up the market for lower grade scrap wood in that region, causing a local government agency to rescind a landfill ban.
An online notice from the Metro Portland agency lists “treated wood, laminated wood, railroad ties, painted wood and other construction waste” as materials that can now be landfilled.
Portland’s Metro Council rescinded the prior ban after the announced idling of the former SP Fiber Technologies paper mill in Newberg, Oregon, by its new owner WestRock. That mill’s boiler was exempted from recent federal regulations restricting certain types of lower grade wood.
“About 60,000 tons of wood a year will now be sent to landfills,” the agency estimates.
Researchers in Quebec to study recycled glass in roads
The Ecole de technologie superieure (ETS), city of Montreal, Societe des alcools du Quebec (SAQ), Eco Entreprises Quebec (EEQ) and Recyc-Quebec have released the details of a major partnership to support research on innovative applications that integrate recycled glass in road construction.
This common commitment will provide ETS with CA$450,000 in funding over three years to conduct studies and laboratory tests on road infrastructures. The Mitacs-Acceleration intern program will contribute CA$220,000 more to that amount. The research project will focus on developing materials that are more durable and environmentally friendly while giving a second life to the glass containers Quebecers place in recycling bins. Test slabs offered by the city of Montreal will allow for evaluating the performance of asphalt mixes containing recycled glass.
As part of this research project, Michel Vaillancourt, as well as collaborators Alan Carter and Daniel Perraton, all professors at ETS, will look into how postconsumer glass components affect the performance of asphalt mixes and other materials used in road construction.
The research team expects that the glass integrated in asphalt will improve drainage and insulation qualities, therefore resulting in a longer service life for roads. In addition, at the end of the project, ETS says it expects that integrating glass will help reduce greenhouse gas emissions generated during asphalt manufacturing.
Denis Brisebois, chairman of EEQ’s board of directors, notes curbside collection recovers more than 77 percent of the 192,000 metric tons of glass containers generated by the province. “That is why we are delighted to support this research project to give a second life to the glass citizens place in their recycling bins.”