Circular Economy News — Week 26

Summary about last week (27)

1. Saudi Arabia’s Recycling Initiative: Joint Venture Aims for 1.8 Million Tons CO2 Reduction Annually 🇸🇦♻️
2. Veolia Takes Over Dachau Waste Paper Sorting Plant: 150,000 Tons Annual Capacity 🗞️
3. Veolia Fully Acquires Fels Recycling: Strategic Move to Enhance Circular Economy 🌍
4. Oil Giants Embrace Circular Economy: BP, Shell, and ExxonMobil Aim for Sustainability 🛢️♻️
5. Plastic Recycling Crisis: Demand for Recycled Plastics Remains Weak 📉
6. Ellen MacArthur Foundation’s Guide: Reporting Progress in the Circular Economy 🌍📊
7. Alba and Cemex Launch Biochar Joint Venture: 100,000 Tons of Waste Annually 🌱
8. Jena Researchers Develop Sustainable Battery Materials from Lignin: 50 Million Tons Available Annually 🔋🌲
9. Hamburg’s Phosphorus Recovery Plant Continues Trial: 20,000 Tons of Sludge Ash Annually 🔄
10. EU Directive on Tethered Caps Now Mandatory: Aims to Reduce Plastic Waste 🚰
11. Scholz and Autocirc Partner in End-of-Life Vehicle Recycling: 80% Revenue Growth for Autocirc 🚗🔄

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1. Saudi Arabia’s Recycling Initiative: Joint Venture Aims for 1.8 Million Tons CO2 Reduction Annually 🇸🇦♻️

A joint venture between MVW Lechtenberg and SIRC aims to advance recycling in Saudi Arabia, significantly reducing CO2 emissions.

• The joint venture between MVW Lechtenberg and SIRC plans to process 3 million tons of waste per year.
• 35% of the waste will be converted into sustainable alternative fuels (EBS), with 15% being recycled.
• The expected CO2 reduction is 1.8 million tons per year.
• A new, fully automated sorting facility is expected to be operational by the end of 2025.

This project promotes sustainable waste management and supports the transition of cement plants in Saudi Arabia to alternative energies.

🔗 source

2. Veolia Takes…