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☆ Neom axed a $1.5B project to make water for the city, report says — another blow to its grand ambition
▼ + stars: | 2024-05-22 | by ( Tom Porter | ) www.businessinsider.com time to read: +1 min

Neom canceled a desalination project worth $1.5 billion, according to a report. Enowa, a Neom subsidiary, told Meed it's water requirements had evolved. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA project to build a $1.5 billion water desalination plant in the Saudi Arabian desert city of Neom appears to have been scrapped. A consortium made up of Neom subsidiary Enowa, Japan's Itochu, and France's Veolia had agreed to develop the plant in December 2022.

Persons: Neom, Meed, —, Japan's Itochu Organizations: Service, Veolia, Business Locations: Saudi Arabia, Saudi, Neom

☆ Europe 'should focus time and energy' on executing policies more quickly, says Veolia CEO
▼ + stars: | 2024-03-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEurope 'should focus time and energy' on executing policies more quickly, says Veolia CEOEstelle Brachlianoff, CEO of Veolia, discusses full-year earnings and the water management industry.

Persons: Estelle Brachlianoff Organizations: Veolia

☆ European markets head for higher open ahead of key inflation reports from the U.S. and Europe
▼ + stars: | 2024-02-29 | by ( Holly Ellyatt | ) www.cnbc.com time to read: 1 min

European markets are heading for a higher open Thursday as investors look ahead to key inflation reports in both the U.S. and Europe. Stateside, personal consumption expenditures price index data (the U.S. Federal Reserve's preferred measure of inflation) for January is due, and will be watched closely to see how it could affect the Fed's interest rate path. German, Spanish and French inflation data for February is also set to be released in Europe. It's a busy day for regional earnings, with AF-KLM, Veolia, Adecco Group, EDP, IAG, Ocado, ITV, Man Group, Schroders, Covestro and Anheuser-Busch InBev all reporting. U.S. stock futures fell overnight as Wall Street weighed the latest earnings results and looked ahead to the Federal Reserve's favored inflation gauge.

Persons: U.S . Federal Reserve's, It's Organizations: U.S, U.S . Federal, AF, KLM, Veolia, Adecco, ITV, Man, Anheuser, Busch InBev, Federal Locations: Europe, U.S ., Ocado, Asia, Pacific

The class-action litigation agreement includes payments of $1,500 for individual minors, according to Boston-based Veolia North America. Veolia North America had faced a trial this month in federal court, but that has been suspended pending final approval of its settlement agreement, the company said. The issues for a jury would have included whether Veolia North America breached care and, if so, whether that breach prolonged the crisis. Another trial is scheduled in October on behalf of seven other Flint children, according to their attorney, Corey Stern. The settlement announced Thursday by Veolia North America does not affect the October trial, Stern said.

Persons: —, Michigan's, Lockwood, Andrews, Newman, Flint, Flint . Flint, VNA, “ VNA, Corey Stern, Stern Organizations: Veolia North, Veolia, Flint Water Locations: FLINT, Mich, Flint, Black, Boston, Veolia North America, Detroit . Flint, Detroit, Flint ., America

☆ ESG is a 'growth engine' for us, says Veolia CEO
▼ + stars: | 2023-11-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailESG is a 'growth engine' for us, says Veolia CEOEstelle Brachlianoff, CEOV of Veolia, discusses how companies can meet their ESG targets while maximizing profits.

Persons: Estelle Brachlianoff Organizations: Veolia

But the recent shift toward e-cigarettes that can’t be refilled has created a new environmental dilemma. U.S. teens and adults are buying roughly 12 million disposable vapes per month. But the quantities used in vaping devices are too small to warrant salvage. Disposable e-cigarettes currently account for about 53% of the multi-billion U.S. vaping market, according to U.S. government figures, more than doubling since 2020. The company has incinerated more than 1.6 million pounds of vaping waste in recent years, mostly unsold inventory or discontinued products.

Persons: ”, Yogi Hale Hendlin, Michael Garland, ” Garland, Brian King, “, New York Sheriff Anthony Miranda, Bob Cappadona, Daniel Ryan, Shelly Fuller, ” Fuller, Joseph Frederick, Matthew Perrone Organizations: WASHINGTON, University of California, Environmental, Agency, EPA, FDA, Regulators, New, Veolia, Centaurus High, ”, Twitter, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: U.S, San Francisco, Monroe County , New York, Arkansas, New York City, New York , California, Monroe County, “, New York, Gum Springs , Arkansas, Boulder County , Colorado, Boulder

☆ These stocks are key to improving plastic recycling
▼ + stars: | 2023-09-29 | by ( Alex Harring | ) www.cnbc.com time to read: +6 min

"Advanced recycling has immense potential to transform the plastic waste crisis," she said in a recent note to clients. It is a "silver bullet" for recycling plastic waste that can't be processed using traditional methods, she said. Ogundiya said investors have been warded off the theme by what she views as unfounded arguments around the maturity of advanced recycling technology. The idea has also been raised that there's an insufficient need for advanced recycling if plastic is banned. Of the two analysts surveyed by LSEG, one has a buy rating and one has a strong buy rating on Loop.

Persons: Katherine Ogundiya, Ogundiya, recyclers, LSEG, Maire Tecnimont, Eastman, — CNBC's Michael Bloom Organizations: Barclays, American Chemical Society, McKinsey, Companies, Veolia, Waste Management, Republic Services, Cleanaway Waste, LSEG ., LSEG . Republic Services, Wall, Exxon Mobil, Clean Technologies, Industries, LSEG, Eastman, Kodak Locations: U.S, Alba, LSEG, LSEG . Republic, South Korea, France

☆ Italgas CEO explains why it wants to venture into the water sector
▼ + stars: | 2023-07-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailItalgas CEO explains why it wants to venture into the water sectorPaolo Gallo, Italgas CEO, says the Italian gas distribution company is working hard to close a deal with Veolia.

Persons: Paolo Gallo Organizations: Veolia

☆ Wind energy has a massive waste problem. New technologies may be a step closer to solving it
▼ + stars: | 2023-05-28 | by ( Laura Paddison | ) edition.cnn.com time to read: +8 min

It’s a problem that’s vexed the wind energy industry and provided fodder for those who seek to discredit wind power. But in February, Danish wind company Vestas said it had cracked the problem. It announced a “breakthrough solution” that would allow wind turbine blades to be recycled without needing to change their design or materials. Wind energy has been growing at a fast pace. It is the world’s leading renewable energy technology behind hydropower, and plays a vital role in helping countries move away from fossil fuel energy, which pumps out planet-heating pollution.

☆ Recycling 'end-of-life' solar panels, wind turbines, is about to be climate tech's big waste business
▼ + stars: | 2023-05-13 | by ( Bob Woods | ) www.cnbc.com time to read: +13 min

watch nowIndeed, the market for recycled solar panel materials is expected to grow exponentially over the next several years. One recipient of this federal funding is First Solar, the largest solar panel manufacturer in the U.S. Massive wind turbines, blades are almost all recyclableRetired wind turbines present another recycling challenge, as well as business opportunities. How the circular renewable energy economy worksPlayers in the circular economy are determined not to let all that waste go to waste. Vestas Wind Systems has committed to producing zero-waste wind turbines by 2040, though it has not yet introduced such a version.

☆ Veolia CEO: Ecological transformation is fueling growth
▼ + stars: | 2023-05-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailVeolia CEO: Ecological transformation is fueling growthEstelle Brachlianoff, CEO of French waste management firm Veolia, says the company expects strong growth this year as it protects margins from inflation and solidifies its leadership position.

☆ Column: The ironic side effects of the rapid global energy transition
▼ + stars: | 2023-03-10 | by ( Gavin Maguire | Thomson Reuters | Gavin Maguire Is The Global Energy Transition Columnist. He Was Previously Asia Commodities | ) www.reuters.com time to read: +6 min

This chorus of support for the energy transition has ignited an almost frantic renewable energy development spree across the world, with green energy generation capacity growing at a record pace in every major economy. On January 1st, 2020, the International Maritime Organisation (IMO) implemented ship emissions standards that slashed the maximum level of sulfur allowed in shipping fuels. As sulfur levels dropped more radiation was absorbed. Old solar panels face a similar predicament, especially ones that lack the efficiency of newer models and in the eyes of resellers are not worth collecting from old sites and homes. They can also face volatile market prices for the recycled and reclaimed materials they do manage to gather.

☆ Recycling wind turbine blades is nearly impossible. Veolia North America thinks it can keep them out of landfills.
▼ + stars: | 2023-02-17 | by ( Elizabeth Mccauley | Katie Nixdorf | ) www.businessinsider.com time to read: 1 min

But most of the cement industry's emissions come from heating limestone in kilns, so this process probably won't make much of a dent. A furnace used in industrial cement production. Artur Osypian/Getty ImagesCement factories burn the turbine blades for fuel — replacing some of the coal the factories usually use. Veolia says its product burns cleaner.

☆ New threats will corrode infrastructure M&A
▼ + stars: | 2022-12-30 | by ( Lisa Jucca | ) www.reuters.com time to read: +4 min

Private equity infrastructure funds attracted $121 billion globally in 2021, nearly 60% more than in 2017, according to data from PitchBook. The rising cost of insuring against cyberattacks will also dull the appeal of telecoms networks and power grids. The urge to make the world a cleaner place means building and upgrading power infrastructure in both developed and developing countries. Pressure to establish energy security at home also means governments will want to own key infrastructure assets, regardless of the financial incentives. If private investors conclude some infrastructure assets have lost their appeal, states will step in.

☆ France's Veolia's nine-month revenue jumps nearly 50% on Suez acquisition
▼ + stars: | 2022-11-09 | by ( Dina Kartit | ) www.reuters.com time to read: +1 min

Nov 9 (Reuters) - Revenues at France's Veolia (VIE.PA) jumped 49.1% in the nine months to the end of September, the company said on Wednesday, mostly driven by its takeover of rival Suez earlier this year. The waste and water company's revenues for the period climbed to 30.71 billion euros ($30.92 billion), while its earnings before interest, taxes, depreciation and amortization (EBITDA) rose 5.2% year-on-year to 4.53 billion euros. The acquisition of Suez in February contributed 7.12 billion euros to revenues, with organic growth totalling 13.2% for Veolia and Suez together. "This very good performance is also the result of an integration of Suez ahead of schedule." ($1 = 0.9930 euros)Reporting Dina Kartit Edited by Christian Schmollinger and Mark PotterOur Standards: The Thomson Reuters Trust Principles.

☆ Бизнесмен из Молдовы хочет купить электростанцию в Румынии
▼ + stars: | 2021-06-26 | by ( Super User | ) mybusiness.md time to read: +5 min

Крупнейшими кредиторами CEH являются Управление Экологического фонда (AFM) с долгом почти 3 млрд румынских леев, ANAF (более 1,7 млрд леев) и государственная компания Hidroelectrica (более 1 млрд леев). Общая задолженность Hunedoara превышает 6 млрд леев. За первые 3 месяца 2021 г. выручка CEH составила около 127 млн леев, расходы увеличились вдвое - более 259 млн леев. На конец марта у компании была текущая задолженность, накопившаяся после признания неплатежеспособной, в размере 170 млн леев в государственный бюджет и 82 млн леев перед поставщиками. Среди клиентов Turboenergy Power в Республике Молдова - государственная компания, которая управляет гидроэлектростанцией Костешть-Стынку на реке Прут с установленной мощностью 30 МВт.

Persons: RON, Petrotel Lukoil, Midia, Turboenergy, Electrocentrale, Виктор Сливински, Минтии, Вирджил Попеску, Сливинский, Игорь ФОМИН Organizations: Veolia Energie, Veolia Energie Aerostar Bacău, Энергетический комплекс, Министерство энергетики, МинтияДева, Управление Экологического фонда, ТЭЦ, Собор Спасения Нации, ТЭС, Центристский союз Locations: Hunedoara, Strabag, Europe, Хунедоара, Румыния, ЮгоВосточная Трансильвания, Муреш, Дева, Молдова, Республика Молдова, Прут, РМ, Тырговиште, Трансильвания, Южная Корея, Израиль, Бакэу, Турция

☆ В Сороках наконец-то собрались строить станцию очистки сточных вод
▼ + stars: | 2021-05-06 | by ( Super User | ) mybusiness.md time to read: +2 min

Подписан контракт на консультационные услуги при разработке технико-экономического обоснования строительства Сорокской станции очистки сточных вод. К августу 2021 года французские эксперты представят лучшие решения и меры, необходимые для улучшения этих услуг и окружающей среды в регионе. Там фактически нет очистных сооружений, единственный фильтр для канализации — резервуар, где отстаиваются крупные фракции. Затем эту станцию закрыли, и с тех пор каждый день более 2300 кубометров сточных вод в Сороках попадает прямиком в Днестр. Экологи говорят, что после строительства очистных сооружений в Сороках Днестр за два года очистится, и после этого в Вадул-луй-Водэ можно будет безопасно купаться.

Persons: newsmaker.md, Ион Пержу Organizations: VEOLIA, Всемирный банк Locations: Сорокская, Сороках, Республика Молдова, Днестр, Кишинев, Одесса, Цекиновка, Сорокская крепость, Сороках Днестр, ВадуллуйВодэ

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