RECYCLING (WASTE

Voluntary news media recycling scheme receives official accreditation

roymorgansocial Leave a comment

Original article by Joe Kelly
The Australian – Page: 6 : 28-Aug-24

Australia’s news media industry has been operating a voluntary recycling scheme for printed newspapers for more than 30 years. The success of the scheme resulted in just 0.2 per cent of all printed news­papers going to landfill in 2023. It is administered by ThinkNewsBrands, whose CEO Vanessa Lyons has welcomed the federal government’s decision to official accredit the ‘product stewardship’ scheme. Media industry executives have emphasised the importance of sustainability for the sector.

CORPORATES
THINKNEWSBRANDS

REDcycle declared insolvent after handing plastic stockpile to supermarket giants

roymorgansocial Leave a comment

Original article by Chris Vedelago
The Age – Page: Online : 28-Feb-23

The NSW Supreme Court has issued a winding-up order for RG Programs & Services Pty Ltd, which operated the failed REDcycle scheme for soft plastics packaging. A liquidator has appointed to the company, which is likely to signal the end of the REDcycle scheme. However, this will not affect a recent deal for Coles and Woolworths to assume control of a 12,400-tonne stockpile of soft plastics that is currently being stored in 32 warehouses in three states. The supermarket giants will continue to store the stockpile until they determine how to recycle the waste material.

CORPORATES
RG PROGRAMS AND SERVICES PTY LTD, REDCYCLE, SUPREME COURT OF NEW SOUTH WALES, COLES GROUP LIMITED – ASX COL, WOOLWORTHS GROUP LIMITED – ASX WOW

Forrest’s $300m war on plastic

roymorgansocial Leave a comment

Original article by Jacob Greber
The Australian Financial Review – Page: 1 & 4 : 26-Sep-19

Australian iron ore magnate Andrew Forrest has revealed a proposal to reduce global plastic waste by imposing a levy on plastics manufacturers. Forrest says the levy would initially raise about $US20bn a year, which could potentially increase to $US100bn, and the proceeds would be used to encourage the plastics industry to collect waste products and convert them back into polymer resin for reuse. Forrest’s Minderoo Foundation will invest some $US300m ($442m) in the initiative. Forrest says plastics are the biggest threat to the world’s oceans.

CORPORATES
MINDEROO FOUNDATION, FORTESCUE METALS GROUP LIMITED – ASX FMG, UNITED NATIONS. GENERAL ASSEMBLY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, ELLEN MacARTHUR FOUNDATION, UNIVERSITY OF WESTERN AUSTRALIA

Anger bottled up over botched deposit scheme

roymorgansocial Leave a comment

Original article by Andrew Clennell
The Australian – Page: 3 : 30-Nov-17

A container deposit scheme is due to come into effect in New South Wales on 1 December, but Deputy Premier John Barilaro wants Premier Gladys Berejiklian to delay its introduction. Under the scheme, consumers get a refund of $A0.10 for each container they take back to collection points or reverse vending machines. However, Environment Minister Gabrielle Upton has been accused of failing to ensure that there are enough collection points available, particularly in regional areas, despite consumers already being charged at least $A3 more for a carton of beer.

CORPORATES
NEW SOUTH WALES. DEPT OF PREMIER AND CABINET, NEW SOUTH WALES. DEPT OF PLANNING AND ENVIRONMENT, NATIONAL PARTY OF AUSTRALIA, SHOOTERS AND FISHERS PARTY INCORPORATED, LION NATHAN AUSTRALIA LIMITED

Pratt chases super money to fuel Visy’s $2b Australian expansion

roymorgansocial Leave a comment

Original article by John Stensholt
The Australian Financial Review – Page: 1 & 6 : 24-Aug-17

Visy Industry has revealed plans to expand its Australian cardboard packaging and paper recycling operations at a cost of $A2bn over the next decade. Executive chairman Anthony Pratt will seek financial support from superannuation funds to finance the massive expansion, which he forecasts will generate some 5,000 jobs. Visy will increase its investment in clean energy plants, with the aim of eventually generating about 50 per cent of its electricity it uses. Visy’s US arm Pratt Industries announced a $US2bn investment in its business earlier in 2017.

CORPORATES
VISY INDUSTRIES AUSTRALIA PTY LTD, PRATT INDUSTRIES (USA) INCORPORATED, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, AMAZON.COM INCORPORATED, AUSTRALIANSUPER PTY LTD, IFM INVESTORS PTY LTD

Coca-Cola may do better than its rivals with container scheme

roymorgansocial Leave a comment

Original article by Sue Mitchell
The Australian Financial Review – Page: 11 & 26 : 22-Aug-17

Container deposit schemes are due to take effect in a number of Australian states over the next year or so, with the scheme to take effect in New South Wales on 1 December. The schemes are expected to push up the cost of beverages in plastic and glass bottles and aluminium cans, and it is tipped that Coca-Cola Amatil’s yearly EBIT could fall by as much as seven per cent. However, analysts note that CCA could derive some benefit from the scheme, if less expensive brand name and private-label producers in the bottled water sector pass on the full cost of the scheme. This might enable its Mount Franklin brand to regain some of its market share.

CORPORATES
COCA-COLA AMATIL LIMITED – ASX CCL, MOUNT FRANKLIN NATURAL, ASAHI BREWERIES LIMITED, MACQUARIE EQUITIES LIMITED, FRUCOR BEVERAGES (AUSTRALIA) PTY LTD, COLES SUPERMARKETS AUSTRALIA PTY LTD, CARLTON AND UNITED BREWERIES, COOPERS BREWERY LIMITED, LION PTY LTD, CITIGROUP PTY LTD, WOOLWORTHS LIMITED – ASX WOW

CC Amatil wins overseer role in NSW’s container deposit scheme

roymorgansocial Leave a comment

Original article by Sue Mitchell
The Australian Financial Review – Page: 19 : 1-Aug-17

Adoption of the New South Wales Government’s container deposit scheme is expected to result in increased prices for beverage products. The scheme will come into effect on 1 December 2017, and it will be managed by a consortium of soft drink and brewing companies that includes Lion, Coopers and Coca-Cola Amatil. The scheme is expected to have the most impact on sales of large packs of soft drink and beer, along with private label bottled water.

CORPORATES
LION PTY LTD, COOPERS BREWERY LIMITED, COCA-COLA AMATIL LIMITED – ASX CCL, FOSTER’S GROUP LIMITED, ASAHI BREWERIES LIMITED, JP MORGAN AUSTRALIA LIMITED, MACQUARIE EQUITIES LIMITED, AUSTRALIAN BEVERAGES COUNCIL LIMITED, WOOLWORTHS LIMITED – ASX WOW

Triguboff and Carapiet back German recycler

roymorgansocial Leave a comment

Original article by Carrie LaFrenz, Joyce Moullakis
The Australian Financial Review – Page: 25 : 6-Jun-17

German tyre recycler Pyrolex AG is looking to list on the Australian sharemarket, and is aiming to raise between $A30 million and $A35 million. Michael Triguboff, who will be on the board of Pyrolex Australia, notes that over 60 per cent of its existing investors are Australian. Pyrolex focuses on the recycling of carbon black, a major tyre component. It is estimated that over 20 million tonnes of crude oil are used each year to produce carbon black.

CORPORATES
PYROLEX AG, MACQUARIE CAPITAL PTY LTD, CALEDONIA INVESTMENTS LIMITED, ZEPPELIN SYSTEMS, MOELIS AND COMPANY, MIR INVESTMENT MANAGEMENT LIMITED

Recycling a way of life for Aussies…but that doesn’t necessarily mean we’re a nation of greenies

roymorgansocial Leave a comment

Original article by Roy Morgan Research
Market Research Update – Page: Online : 9-Nov-16

A Roy Morgan Single Source survey has found that 91.1 per cent of Australians aged 14+ agreed with the statement "I try to recycle everything I can" in the year to September 2016. This compares with 81.3 per cent in the year to September 2001. The survey also shows that Australians aged 14-17 remain the least likely to recycle (69.7 per cent in 2001 and 81.7 per cent now). The 65+ age group is still the most likely to recycle, rising from 89.2 per cent in 2001 to 93.8 per cent in 2016. Meanwhile, 63.2 per cent of Australians now agree that "At heart I’m an environmentalist", down from 68.8 per cent in 2001, while 26.1 per cent of the population now believes that "Threats to the environment are exaggerated", up from 22.2 per cent in 2001.

CORPORATES
ROY MORGAN RESEARCH LIMITED

Containers cash scheme canned

roymorgansocial Leave a comment

Original article by Aisha Dow
The Age – Page: 11 : 8-Jan-15

The New South Wales Government plans to introduce a deposit-refund scheme for drink bottles and cans. However, Victoria’s Environment Minister Lisa Neville argues that the state has a higher drink container recycling rate than the national average, and a deposit scheme would affect the viability of councils’ kerbside recycling programs

CORPORATES
VICTORIA. DEPT OF ENVIRONMENT AND PRIMARY INDUSTRIES, COUNCIL OF AUSTRALIAN GOVERNMENTS, NEW SOUTH WALES. DEPT OF ENERGY, UTILITIES AND SUSTAINABILITY, TOTAL ENVIRONMENT CENTRE INCORPORATED, AUSTRALIAN FOOD AND GROCERY COUNCIL