UPM sells Kinsau RCP sorting facility in Germany

US investment firm Energy Capital Partners (ECP) is prepared to pay a price of £4.10 per share for Biffa, the UK’s second largest waste management company. According to a joint statement issued by the companies, the acquisition price, together with the final dividend to be paid to shareholders, would value Biffa’s...

French environmental services concern Suez is reacquiring its former waste management operations in the UK, which operate as Suez R&R UK, from rival Veolia. The transaction was announced by both companies in September. Veolia is obligated to sell the business as part of commitments it took towards the British...

As expected, there was little price movement for ordinary grades on the German recovered paper market in August. Collection volumes remained weak, while demand from paper mills was low. Prices for supermarket paper and board and mixed paper seem poised to remain largely unchanged in September, too. In the northern and...