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Circular Economy News — Week 21
6 min readMay 27, 2024
Summary about last week (21)
- Schwarz Gruppe Achieves €167.2 Billion in Revenue with 8.5% Growth 🚀
- Ambitious Goals in New EU Critical Raw Materials Law ⚙️
- New Regulations on Waste Shipments Implemented ♻️
- Electric Steel Production Plummets by 10.8% in 2023 🏭
- CoffeeB Introduces Waste-Free Single-Serve Coffee Pods ☕
- Copper Scrap Prices Surge After LME Record High 📈
- Mondi Invests €200 Million in Duino Plant for Recycled Paper 🌱
- EU Recycling Raw Material Exports Hit Record High in 2023 🌍
- Vitesco Technologies and Kyburz Collaborate on Battery Recycling in Saxony 🔋
- Erema and Lindner Collaboration Yields Results in Plastic Recycling 🌐
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1. Schwarz Gruppe Achieves €167.2 Billion in Revenue with 8.5% Growth 🚀
In the fiscal year 2023, Schwarz Gruppe reported a total revenue of €167.2 billion, marking an 8.5% increase from the previous year. This growth was driven by effective cost and process management despite challenges like inflation and higher input costs. The number of employees…