Thailand-based SCG Packaging will expand its footprint in the European paper, board and plastics recycling sector.
SCG Packaging Public Co. Ltd., Bangkok, has completed the acquisition of Peute Recycling B.V., an international paper and plastic packaging materials recycling company based in Dordrecht, the Netherlands, for 78.19 million euros, or $79.7 million. This purchase is through SCGP Solutions Pte. Ltd., a wholly owned subsidiary of SCGP. Peute’s financial performance will be consolidated from July 2022 onward.
According to a news release, the transaction will enable SCG to expand into the rapidly growing international packaging material recycling business. It also will assist in SCG’s long-term strategic direction to strengthen all levels of the packaging business from raw material sources, upstream and downstream production through to the integrated packaging solutions.
SCG says the global surge of sustainability awareness and demand for recycled content have been expanding significantly and continuously. The prominent packaging materials recycling and sourcing capabilities from this transaction will allow SCG to fulfill the emerging demand for recycled materials, which are driven by changes in customers' and consumers’ behavior. The ability to directly access the sources of recovered paper also will provide SCG the opportunity to enhance the efficiency of recycling operations in the Association of Southeast Asian Nations by adopting the practices of the advanced waste management model in Europe.
Peute says it can competitively source 1 million tons of recovered paper (RCP) and 100,000 tons of recovered plastics at its facility in Dordrecht annually. It also has an ongoing project to relocate the facility to Alblasserdam, Netherlands, to double the sourcing capacity and improve cost efficiency.
In 2021, the company recorded revenue of 249 million euros ($254 million), a profit of 3.2 million euros ($3.26 million) with assets of 52 million euros ($53 million) at the end of the year.
As SCG has been expanding its diversified and integrated packaging business, the key strategic raw material for the fiber packaging operation is RCP. At present, SCG uses 4.4 million tons of RCP annually and expects to increase its use with the expansion of packaging paper capacity going forward. The expansion will create competitiveness for SCG in terms of RCP sourcing networks through owned recycling stations, direct collection from primary sources and local suppliers and diversified import sources from the USA, Europe, Japan and Oceania.
Currently, SCG operates more than 50 facilities across Thailand, Vietnam, Indonesia, the Philippines, Malaysia, the United Kingdom and Spain. SCG is listed on the Stock Exchange of Thailand and has a current market capitalization of approximately $6.3 billion.
The acquisition of the subsidiary would equal 1.4 percent of total assets stated in SCG consolidated financial statements as of Mar. 31, and when combined with those in the past six months before the date of this transaction, the total size is 2 percent. Thus, investment disclosure is not required under the disclosure rule for the acquisition and disposition of assets. This transaction is not a connected transaction.
The company says the acquisition expands its footprint and adds trucks and containers to its fleet.
DTG Recycle, Mill Creek, Washington, has announced the acquisition of Cascade Recycling's assets for an undisclosed price. Cascade Recycling provides and services recycling containers and operates a recycling facility in the Puget Sound region in Washington.
This is the eighth acquisition in eight months for DTG, which says the purchase expands its footprint in the south Puget Sound. With facilities located throughout the Puget Sound region, DTG Recycle serves its customers while minimizing its carbon footprint.
The purchase also significantly adds to DTG Recycle’s hauling capacity with an addition of more than 950 containers and a large trucking fleet.
DTG Recycle welcomes the addition of Cascade Recycling employees. DTG Recycle says it offers DTG University, DTG commercial driver's license school and other benefits that provide security and growth opportunities to its employees.
The Shred1 Ballistic Separator from Eriez has demonstrated its ability to offer ROI quickly and in many ways.
After several years on the market, the Shred1 Ballistic Separator from Eriez has demonstrated its ability to offer return on investment (ROI) quickly and in numerous ways.
The foremost ROI factor is the Shred1’s ability to create an upgraded ferrous shred product with a low enough copper content to fetch a $40-per-ton premium, according to a white paper by Eriez Market Manager-Recycling Mike Shattuck.
In a market that in the last several years has seen prime grades (busheling and other factory scrap) sell for $100 per ton or more than shredded scrap, closing the quality and price gap is in the best interest of auto shredding plant operators. This is especially so if they wish to sell shred to mills that produce sheet steel or otherwise have stricter chemistry requirements.
The Shred1 works its magic after being “positioned after the primary scrap drums, placed just before a picking station,” Shattuck writes. “A unique magnetic element at the end of the separator attracts the more magnetic pieces of steel and drops them behind a splitter,” he adds.
The pieces directed behind the splitter—typically about 75 percent of the ferrous shred—is the low-copper stream that can be marketed as No. 1 Shred, Shattuck says. “This material is conveyed to the stacking conveyor with no further action required,” he adds. (Additional low-copper scrap from the other 25 percent fraction can be added to the No. 1 Shred via an Eriez polishing drum.)
The deployment of the Shred1 at an existing shredder yard “allows shredder yards to provide a more desirable scrap to steel mills seeking a low-copper scrap,” Shattuck writes. “These steel mills gain a competitive cost advantage by using less pig iron/DRI (direct reduced iron) and prime scrap, and more low-cost, low-copper shredded scrap in electric arc furnace (EAF) sheet steelmaking.”
Eriez, which operates a sophisticated test center of its own in Pennsylvania, has tested some 1,000 tons of shredded material under a Gamma Tech bulk analyzer to verify the Shred1 difference in quality.
The average copper content of tested post-Shred1 material was below 0.2 percent. That compares with a significantly higher percentage found in a “control” group obtained from multiple shredder yards. The higher value Shred1 fraction was harvested before any hand pickers were involved, yielding another form of ROI.
By installing a Shred1 Ballistic Separator scrap yards can provide premium low-copper shred to steel mills, fetching up to $40 per ton more, while reducing labor costs. That, concludes Shattuck, is the magic of the Shred1.
The complete Eriez “Producing Low Copper Shred for Steel Mills” white paper can be viewed at www.eriez.com/LowCopper-SteelMills.
Customers can view demonstrations of the Kreyenborg IR-Batch dryer at eFactor3’s Charlotte, North Carolina, location.
Efactor3 LLC has installed a demo infrared (IR) drying line from its partner of seven years Kreyenborg at its facility in Charlotte, North Carolina.
The IR-Batch dryer allows for discontinuous heating, crystallization, drying and coating of batches of different plastics and other bulk materials in minutes instead of hours, according to eFactor3. The equipment can be used to crystallize and dry polyethylene terephthalate (PET) pellets and flakes, to crystallize and dry polylactic acid (PLA) and to dry and heat polyethylene (PE) pellets to remove odors and volatiles. The system uses a combination of IR heating and a rotating drum with an internal spiral that is equipped with mixing elements to ensure constant mixing, avoiding material clumping and ensuring that the material is heated evenly throughout the process eFactor3 says.
The machine is available for small demos and trials at the Charlotte facility and also will be available for short-term rentals.
The stainless-steel rotary drum is filled via a pneumatic shut-off valve, and the bulk material is heated by the internal IR module. The mixing elements in the rotary drum are adapted to the bulk material, and the drum is emptied by reversing the direction of rotation.
The IR module and its accessories are mounted on a sliding frame that is pulled out for cleaning and maintenance purposes. The exhaust air is discharged from the rotary drum via a blower. The installed Siemens S7 PLC control has the flexibility to set the residence time, mixing and temperature profile, the distributor adds.
Efactor3 Plastic Processing Division Sales Manager Gerd Radke says, “Use IR light to your advantage in drying/crystalizing polymers.”
Teijin and Fujitsu say they will start full-scale trials with fiber-reinforced polymers.
Teijin Ltd., headquartered in Tokyo, and Fujitsu Ltd., also based in Tokyo, have launched a joint project to produce a blockchain-based commercial platform to enhance the environmental value of recycled materials for manufacturers. The collaboration is designed to promote environmentally conscious design by leveraging Teijin's life cycle assessment (LCA) calculation method for measuring the environmental impact of manufacturing processes across the value chain and Fujitsu's blockchain technology to collect and track primary data on environmental impact (including greenhouse gas, or GHG, emissions) to provide traceability.
The companies say the platform will promote the use of recycled materials and environmentally friendly designs by providing manufacturers with accurate information about their environmental footprint, including proof of origin for recycled materials and data on GHG emissions.
Teijin and Fujitsu say they will start full-scale trials with fiber-reinforced polymers (FRP), which increasingly are used in aircrafts and electric vehicles (EVs), in the 2022 fiscal year. Based on the results of these trials, the two companies say they will consider expanding the scope of the project to other types of materials.