Municipal solid waste

Successful Amend and Extend Refinancing by IFCO

Retrieved on: 
Thursday, March 21, 2024

MUNICH, March 21, 2024 /PRNewswire/ -- IFCO, the world's leading provider of Reusable Packaging Containers (RPCs) for fresh food, has successfully refinanced the Term Loan B in an Amend and Extend transaction ahead of schedule. The volume has been increased to EUR 1,640 million and the Revolving Credit Facility to EUR 310 million. The transaction met with very high demand from institutional investors from both domestic and foreign markets. The previous loan was taken out in May 2019 after the joint acquisition of IFCO by Triton and ADIA.

Key Points: 
  • MUNICH, March 21, 2024 /PRNewswire/ -- IFCO, the world's leading provider of Reusable Packaging Containers (RPCs) for fresh food, has successfully refinanced the Term Loan B in an Amend and Extend transaction ahead of schedule.
  • The previous loan was taken out in May 2019 after the joint acquisition of IFCO by Triton and ADIA.
  • With the new loan, IFCO succeeds in expanding the financing framework for its planned further growth and takes advantage of the favorable market environment to extend the credit lines.
  • This very successful financial transaction is further evidence of the right portfolio strategy," says Martin Fikus, Investment Advisory Professional at Triton Partners.

Global Recycling Foundation announces Recycling Heroes & Young Green Ambassadors awards of Global Recycling Day 2024

Retrieved on: 
Monday, March 18, 2024

LONDON, March 18, 2024 /PRNewswire/ -- The Global Recycling Foundation today announces the ten winners of their Recycling Heroes 2024 award along with five special awards for Young Green Ambassadors marking the seventh Global Recycling Day on 18th March.

Key Points: 
  • LONDON, March 18, 2024 /PRNewswire/ -- The Global Recycling Foundation today announces the ten winners of their Recycling Heroes 2024 award along with five special awards for Young Green Ambassadors marking the seventh Global Recycling Day on 18th March.
  • Ranjit Baxi, Founding President of the Global Recycling Foundation, said: "This year's list of Recycling Heroes should be a cause for celebration.
  • Henry Green Primary School, Dagenham, London, UK for sustainability work in school led by Pupils in the Green team.
  • Otilo Foundation, Nigeria has significantly reduced carbon emissions by recycling approximately 65,000 metric kilograms of cartons and plastic waste from November 2023 to February 2024.

Global Recycling Foundation announces Recycling Heroes & Young Green Ambassadors awards of Global Recycling Day 2024

Retrieved on: 
Monday, March 18, 2024

LONDON, March 18, 2024 /PRNewswire/ -- The Global Recycling Foundation today announces the ten winners of their Recycling Heroes 2024 award along with five special awards for Young Green Ambassadors marking the seventh Global Recycling Day on 18th March.

Key Points: 
  • LONDON, March 18, 2024 /PRNewswire/ -- The Global Recycling Foundation today announces the ten winners of their Recycling Heroes 2024 award along with five special awards for Young Green Ambassadors marking the seventh Global Recycling Day on 18th March.
  • Ranjit Baxi, Founding President of the Global Recycling Foundation, said: "This year's list of Recycling Heroes should be a cause for celebration.
  • Henry Green Primary School, Dagenham, London, UK for sustainability work in school led by Pupils in the Green team.
  • Otilo Foundation, Nigeria has significantly reduced carbon emissions by recycling approximately 65,000 metric kilograms of cartons and plastic waste from November 2023 to February 2024.

REPUBLIC SERVICES TEAMSTERS RATIFY FIRST CONTRACT

Retrieved on: 
Tuesday, March 12, 2024

PHOENIX, March 12, 2024 /PRNewswire/ -- Members of Teamsters Local 104 at Republic Services' North and East yards in Phoenix, Ariz., have overwhelmingly ratified their first collective bargaining agreements. The new four-year contracts include a 19 percent wage hike, enhanced training pay, a 135 percent hourly rate for vacation, sick leave and holidays, and robust language protections for safety and seniority rights.

Key Points: 
  • Since workers began organizing with Local 104 in March 2023, Republic Services launched a nasty union-busting campaign that resulted in the Teamsters filing myriad unfair labor practice charges.
  • Nationwide, the Teamsters represent more than 7,000 workers at Republic Services.
  • "Throughout this campaign, Republic tried its best to intimidate us, but we stayed united and secured a strong first contract," said Keith Purcell, a driver at Republic Services East Yard and a member of the negotiating committee.
  • "After voting to become Teamsters, the company waited a full year to offer us a fair contract," said Mark McCall, a driver at Republic Services' North Yard and a member of the negotiating committee.

Aduro Clean Technologies Welcomes a Global Multinational Food Packaging Company into its Customer Engagement Program

Retrieved on: 
Tuesday, March 5, 2024

(“Aduro” or the “Company”) (CSE: ACT) (OTCQX: ACTHF) (FSE: 9D50), a Canadian technology company using the power of chemistry to transform lower value feedstocks, like waste plastics, heavy bitumen, and renewable oils, into resources for the 21st century, is excited to announce the onboarding of a leading, global multinational food packaging company (“MFP Company” or the “Client”) to its Customer Engagement Program (CEP).

Key Points: 
  • (“Aduro” or the “Company”) (CSE: ACT) (OTCQX: ACTHF) (FSE: 9D50), a Canadian technology company using the power of chemistry to transform lower value feedstocks, like waste plastics, heavy bitumen, and renewable oils, into resources for the 21st century, is excited to announce the onboarding of a leading, global multinational food packaging company (“MFP Company” or the “Client”) to its Customer Engagement Program (CEP).
  • MFP Company is a prominent player in the global food processing and distribution sector, boasting an attractive portfolio of well-known brands.
  • At the core of its operations, MFP Company integrates environmental, social, and governance (ESG) principles, focusing on innovation and efficiency.
  • MFP Company advocates for a circular economy approach to address packaging pollution, innovating in sustainable packaging design, and advocating for the reuse and recycling of materials.

Casella Waste Systems, Inc. to Present at Upcoming Investor Conferences

Retrieved on: 
Tuesday, February 27, 2024

RUTLAND, Vt., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Casella Waste Systems, Inc. (Nasdaq: CWST), a regional solid waste, recycling, and resource management services company, announced today that the company’s management will be participating at the following investor conferences:

Key Points: 
  • RUTLAND, Vt., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Casella Waste Systems, Inc. (Nasdaq: CWST), a regional solid waste, recycling, and resource management services company, announced today that the company’s management will be participating at the following investor conferences:
    A copy of the presentation material will be available before the Company presents and may be accessed in the “Events & Presentations” section of the company’s investor website at http://ir.casella.com .
  • Where applicable, a live webcast link will be posted on the company’s investor website.
  • For further information, contact Charlie Wohlhuter, Director of Investor Relations at (802) 772-2230, or visit the company’s website at http://www.casella.com .

Valesco Industries Invests in Blower Application, LLC – The First Investment out of Valesco Fund III

Retrieved on: 
Monday, February 26, 2024

On February 20, 2024, Valesco closed its first platform investment out of Valesco Fund III.

Key Points: 
  • On February 20, 2024, Valesco closed its first platform investment out of Valesco Fund III.
  • “We believe we found the right business partner in Valesco; one that would continue the work we spent 90 years building,” said President Dan Cieslewicz.
  • Subordinated debt was also provided by Valesco and a revolver was provided by a senior lender who is also an investor in Valesco Fund III.
  • Valesco continues to seek investment opportunities to provide equity and subordinated debt for control buyout, recapitalization, minority, management buyout, and mezzanine situations for Valesco Fund III.

Meridian Waste Opens Entries for the 5th Annual Brightening the World Coloring Contest

Retrieved on: 
Friday, March 1, 2024

CHARLOTTE, N.C., March 1, 2024 /PRNewswire/ -- Meridian Waste , an integrated, non-hazardous solid waste services company, is pleased to open its 5th Annual Brightening the World Earth Day Coloring Contest to all children in the U.S. from ages five to 10 years old.

Key Points: 
  • CHARLOTTE, N.C., March 1, 2024 /PRNewswire/ -- Meridian Waste , an integrated, non-hazardous solid waste services company, is pleased to open its 5th Annual Brightening the World Earth Day Coloring Contest to all children in the U.S. from ages five to 10 years old.
  • The coloring contest is designed for two age groups including children ages five through seven and children ages eight through 10.
  • There is no purchase necessary to participate and entrants do not have to be a customer of Meridian Waste.
  • The coloring contest begins March 1 at 12pm EST and ends April 15 at 11:59pm EDT.

TEAMSTERS AT GREENWASTE OF PALO ALTO RATIFY FIRST CONTRACT

Retrieved on: 
Wednesday, February 28, 2024

PALO ALTO, Calif., Feb. 28, 2024 /PRNewswire/ -- Over 40 drivers and mechanics at GreenWaste of Palo Alto have overwhelmingly ratified their first collective bargaining agreement by a 97 percent margin. The new four-year contract empowers workers at GreenWaste by giving them a voice on the job, a substantial wage increase, and enhanced benefits, notably a defined benefit pension plan.

Key Points: 
  • "I want to congratulate these workers for standing strong and securing a lucrative first contract," said John Bouchard, Secretary-Treasurer of Local 350.
  • "I also want to thank our allies in the California State Legislature and the Palo Alto City Council for advocating for these workers throughout this process."
  • Macquarie Asset Management (MAM) is the majority owner of GreenWaste of Palo Alto.
  • "We're grateful to have been able to secure such a strong first contract for our members at GreenWaste," said Robert Sandoval, President of Local 350.

ReTo Presents at Big 5 Construct Saudi 2024

Retrieved on: 
Tuesday, February 27, 2024

BEIJING, Feb. 27, 2024 /PRNewswire/ -- ReTo Eco-Solutions, Inc. (Nasdaq: RETO) ("ReTo" or the "Company") today announced it is presenting at the Big 5 Construct Saudi 2024 (the "Saudi BIG5") to showcase its ecological solutions and equipment.

Key Points: 
  • BEIJING, Feb. 27, 2024 /PRNewswire/ -- ReTo Eco-Solutions, Inc. (Nasdaq: RETO) ("ReTo" or the "Company") today announced it is presenting at the Big 5 Construct Saudi 2024 (the "Saudi BIG5") to showcase its ecological solutions and equipment.
  • Saudi BIG5 exhibition, scheduled from February 26 to February 29, 2024 at the Riyadh International Exhibition Center in Saudi Arabia, is an annual industry event attracting renowned machinery manufacturers around the world.
  • ReTo, a company in the comprehensive utilization of solid waste and ecological improvement, adheres to the philosophy of "technology improving ecology."
  • We look forward to sharing ReTo's growth and breakthroughs at the Saudi BIG5 exhibition."