please click here for the pdf-version - RECYCLING magazin

News
v Converted Organics acquires United
Organic Products and Waste Recovery
BOSTON | Converted Organics Inc. (NASDAQ: COIN) has
acquired the assets of United Organic Products, LLC of
Gonzales, CA, as well as the assets, including the intellectual
property, of Waste Recovery Industries, LLC of Paso Robles,
CA. These acquisitions make Converted Organics the
owner of the proprietary technology and process known
as the High Temperature Liquid Composting (HTLC) system,
which processes various biodegradable waste products into
liquid and solid organic-based fertiliser and feed products.
Converted Organics has also acquired a leading liquid fertiliser
product line, as well as a state-of-the-art production
facility that services a strong West Coast agribusiness customer
base through established distribution channels.
In addition to acquiring assets and technology, Converted
Organics also announced that the employees of United
Organic Products, LLC will join Converted Organics. COIN has
also announced an agreement with Rhode Island Resource
Recovery Corporation to build an organic fertiliser facility. z
v ERP celebrates five years
and looks forward
BRUSSELS | The European Recycling Platform announced
that it has celebrated its five year anniversary — a milestone
in its evolution from an alternative to national compliance
schemes to a leading pan-European provider of WEEE
solutions. ERP can look back with satisfaction on the last
five years and is anxious to continue its strong growth trend
in the coming years. With over 1,200 members and over
250,000 tonnes of WEEE collected and treated, it is clear
ERP has launched a winning business model. Each of the
countries where they are directly operational boast impressive
numbers for tonnage collected. In Germany, for example,
ERP consistently collects over 4,000 tonnes of WEEE each
month. Even operations that are relatively new on the market,
such as ERP UK, collect upwards of 3,000 tonnes per
month. ERP’s market share ranges from 10 to 25 per cent in
each country. This growth has been overseen by their senior
management team, including Umberto Raiteri (CEO), Christophe
Pautrat (COO) and Nicola Magaraggia (CFO). z
6
v New CEPI Chairman:
Magnus Hall, Holmen CEO
BRUSSELS | The Confederation of
European Paper Industries (CEPI) is
pleased to announce the appointment
of Magnus Hall as the new CEPI Chairman.
Hall started his chairmanship in the
beginning of January and will hold the post until the end of
2009. Frits Beurskens, former CEPI Chairman, will keep the
Vice Chairman post for the next two years to guarantee a
smooth transition.
Hall has been the President and CEO of Holmen since April
2004. He holds an MSc degree in Industrial Management and
Engineering from Linköping Institute of Technology in Sweden
and was a Fulbright Scholar at Georgetown University in the
U.S. in 1985. He has been with Holmen since then and has
previously worked as VP Marketing and Sales and President of
the Publication Paper division. He is also Chairman of the Forest-Based
Sector Technology Platform (FTP) and Vice Chairman
of the Swedish Forest Industries Federation. z
v Divestment of Metso’s panelboard
business to Dieffenbacher finalised
NASTOLA | Metso has finalised the divestment of certain
Metso Panelboard operations to Dieffenbacher GmbH + Co.
KG, Germany. The panelboard business in Nastola, Finland,
and part of the MDF business in Sundsvall, Sweden, was
transferred to the ownership of Dieffenbacher on 1 February.
The transaction, whose value was not disclosed, does not
have a significant impact on Metso’s net income.
The panelboard operations in Finland with all its 60
employees and in Sweden with its 40 employees have
been transferred to Dieffenbacher GmbH. The refiner-related
operations in Sundsvall, Sweden, will remain in Metso’s
ownership and are not included in the transaction. After the
divestment, the panelboard business will not be reported as
a separate business line, but the unit will continue to supply
fibre preparation technology to the global MDF industry as
part of Metso Paper. Metso is a global engineering and technology
corporation with 2006 net sales of approximately €5
billion. z