Global Waste Management Market is expected to reach $484.9 billion by 2025

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KD Market Insights added a title on "Waste Management Market Size, Share, Growth Forecast Till – 2018-2025" to its collection of industry research reports that offers extensive and highly detailed current and future market trends in the global and regional/market. In addition, the report offers recent industry activities and value chain analysis for the Waste Management market. Moreover, Porter's Five Forces analysis demonstrates the five forces which include buyers bargaining power, suppliers bargaining power, the threat of new entrants, the threat of substitutes, and degree of competition in the market. Along with figures and tables, a market attractiveness and BPS analysis has been provided for every segment in the report.

The global waste management market size is expected to reach $484.9 billion by 2025 from $303.6 billion in 2017, growing at a CAGR of 6.0% from 2018 to 2025. Waste management is the collection, transportation, and disposable of garbage, sewag e, and other waste products. It involves treatment of solid waste and disposal of products and substances in a safe and efficient manner.

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Segmentation:The research offers a comprehensive analysis of Waste Management market with respect to various sub-markets. The Waste Management market is segmented into - By Waste Type - Municipal Waste, Industrial Waste. By Service – Collection, Disposal.

Regional Outlook:The report offers separate analysis of North America, Europe, Asia Pacific, Latin America and Middle East & Africa. In addition, further breakdown of market data and analysis of region into countries is covered in the report. Further, the geographies are fragmented into the country and regional groupings:- North America (U.S. & Canada)- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)- Asia Pacific (China, India, Japan, South Korea, Ind onesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)- Latin America (Brazil, Mexico, Argentina and Rest of Latin America)- Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)

Competitive LandscapeThe report profiles various major market players in global Waste Management market including – Borealis AG, Sumitomo Chemicals, Exxon Mobil Corporation, Sinopec Ltd, SABIC, Formosa Plastics Corporation, Lyondell Basell Industries N.V., DuPont, INEOS, and Braskem.

Competitive landscape analysis provides detailed strategic analysis of the company's business and performance such as financial information, revenue breakup by segment and by geography, SWOT Analysis, key facts, company overview, business strategy, key product offerings, marketing and distribution strategies, new product development, recent news (acquisition, expansion, technology development, research & development) and other market activities. The study also provides company's positioning and market share in Waste Management market.

Browse Full Report With [email protected] https://www.kdmarketinsights.com/product/waste-management-market-amr Table of Contents:

Chapter 1: Introduction1.1. Report description1.2. Key benefits for stakeholders1.3. Key market segments1.4. Research methodology1.4.1. Secondary research1.4.2. Primary research1.4.3. Analyst tools & modelsChapter 2: Executive summary2.1. CXO perspective

Chapter 3: MARKET OVERVIEW3.1. Market definition and scope3.2. Key findings3.2.1. Top impacting factors3.2.2. Top investment pockets3.2.3. Top winning strategies3.3. Porter's five forces analysis3.4. Key player positioning, 2017

3.5. Market dynamics3.5.1. Drivers3.5.1.1. Growth in urban population3.5.1.2. Increased amount of waste generated3.5.1.3. Rise in environmental awareness3.5.1.4. Government regulations toward illegal dumping3.5.2. Restraint3.5.2.1. Lack of awareness in developing coun tries3.5.3. Opportunity3.5.3.1. High growth potential in emerging economies

Chapter 4: WASTE MANAGEMENT MARKET, BY WASTE type4.1. Market overview4.1.1. Market size and forecast, by waste type4.2. Municipal waste4.2.1. Key market trends, growth factors, and opportunities4.2.2. Market size and forecast, by region4.2.3. Market size and forecast, by country4.3. Industrial waste4.3.1. Key market trends, growth factors, and opportunities4.3.2. Market size and forecast, by region4.3.3. Market size and forecast, by country

Chapter 5: WASTE MANAGEMENT MARKET, BY SERVICE5.1. Market overview5.1.1. Market size and forecast, by service5.2. Collection5.2.1. Key market trends, growth factors, and opportunities5.2.1.1. Collection & transportation5.2.1.2. Storage & handling5.2.1.3. Sorting5.2.2. Market size and forecast, by region5.2.3. Market size and forecast, by country5.3. Disposal5.3.1. Key market trends, growth factors, and opportunities5.3.1.1. Landfills5.3.1.2. Recycling5 .3.1.3. Compositing & anaerobic digestion5.3.2. Market size and forecast, by region5.3.3. Market size and forecast, by country

Chapter 6: WASTE MANAGEMENT MARKET, BY REGION6.1. Market overview6.1.1. Market size and forecast6.2. North America6.2.1. Key market trends, growth factors, and opportunities6.2.2. Market size and forecast, by waste type6.2.3. Market size and forecast, by services6.2.4. Market size and forecast, by country [email protected] Check For [email protected] https://www.kdmarketinsights.com/discount/3420 

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continue reading Global Waste Management Market is expected to reach $484.9 billion by 2025

Medical Waste Management Market By Top Key Players, Regions, Trends with Industry Analysis & Forecast to 2028

Mar 25, 2019 (WiredRelease via COMTEX) -- Medical waste refers to unwanted, used, and expired medical products that are hazardous to both humans and the environment. Medical waste management involves proper processing of medical waste generated by medical facilities and clinics, so as to prevent toxic compounds from causing damage to the environment. Technological advancements in disposal process coupled with increasing disposal sites for medical waste is expected to boost growth of the global market over the next ten years.

The Objective of the "Global Medical Waste Management Market" report is to depict the trends and upcoming for the Medical Waste Management industry over the forecast years. Medical Waste Management Market report data has been gathered from industry specialist/experts. Although the market size of the market is studied and predicted from 2019 to 2028 mulling over 2016 as the base year of the market study. Attentiveness for the market has increased in recent decades due to development and improvement in the innovation.

Increasing government regulations for proper waste management and disposal, especially medical waste disposal in developed economies is a major factor driving growth of the global medical waste management market. In addition, development and adoption of advanced techniques in treatment, disposal, and recycling of medical waste is another factor anticipated to propel growth of the global medical waste management market over the forecast period.

Detailed investigation of market beneficial in understanding the in-depth market vision and future plans. The information collected from various magazines, yearly reports, internet sources, and journals are confirmed by conducting face-to-face or telephonic interviews with the Medical Waste Management industry specialist.

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Worldwide Medical Waste Management market autopsy:

Depending upon the influence, the company profiles of all key manufacturers, their establishment year, regional market for marketing and sales, products and services serves as well as the contact details are offer in this research report.

Major Medical Waste Management market players covers by this research report are: Daniels Sharpsmart Inc, Sharps Compliance Inc, Veolia Environnement S.A., Stericycle Inc, Remondis Medison GmbH, Republic Services Inc, Suez Environnement S.A., BioMedical Waste Solutions LLC, Waste Management Inc and Clean Harbors Inc.

Medical Waste Management market segregation:

By Type: Hazardous, Non – Hazardous. By Treatment: Chemical treatment, Incineration, Autoclaving, Others. By Services: Disposal, Recycling, Collection, Transportation & Storage, Others. By Disposable Site: Offsite, Onsite

Leading regions of Medical Waste Management market:

Currently, the market in North America dominates the global medical waste management market in revenue terms owing to well-developed healthcare industry and proper regulations for waste disposal, especially medical waste disposal in countries in the region. The market in Europe accounted for second-highest revenue share in the global medical waste management market, due to high healthcare expenditure by governments of countries, and high awareness about medical waste management, followed by markets in Asia Pacific, Latin America, and Middle East & Africa respectively.

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Crucial points offered in this Medical Waste Management research report:

-- Medical Waste Management research offers companies list that is finding the inorganic extension.

-- Shows distinct impending relation and ingrained contracts between key vendors and raw material suppliers and distributors.

-- Success and advancement factors of Medical Waste Management industry are served in this research report.

-- Proficient SWOT (Strengths, Weaknesses, Opportunities, and Threats) and PESTEL (Political, Economic, Social, Technological, Environmental and Legal) study is ultimate.

-- Product capacity, import/send-out detail, supply-chain study, forecast planning and approaches, gross margin, and different technological advancement of top manufacturers are cited in this research report.

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Polymethyl Methacrylate (PMMA) MarketBoswellia Extract MarketCoconut Milk Products MarketElectric Vehicle Charging Services MarketPaprika Market

continue reading Medical Waste Management Market By Top Key Players, Regions, Trends with Industry Analysis & Forecast to 2028

Why The Waste Management Industry Is Outperforming the Market

It's trash.

We're making more trash than ever, and the three largest trash haulers and landfill operators in North America, Waste Management (NYSE:WM), Republic Services (NYSE:RSG), and Waste Connections (NYSE:WCN), are reaping the rewards for their investors. Here's why this niche industry outperformed in 2018 and why it's unlikely to slow down anytime soon.

A big year for trash

All three of the big waste management companies have now reported their final numbers for 2018, and the results were solid, particularly adjusted earnings per diluted share:

Company 2018 Revenue Gain  YOY 2018 Adjusted EPS (diluted) Gain YOY 2018 Operating Cash Flow Gain YOY Waste Management $14.9 billion 3% $4.20 30.4% $3.6 billion 12.3% Republic Services $10.0 billion Flat $3.09 27% $2.2 billion 17.4% Waste Connections $4.9 billion 6.3% $2.52 16.7% $1.4 billion 15.9%

SOURCE: COMPANY PRESS RELEASES. *YOY = YEAR OVER YEAR.

Although revenue for the three companies only showed small improvements — if any — adjusted per-share earnings were up by double digits. Other key metrics like adjusted EBITDA and adjusted free cash flow also showed big improvements over the prior year for all three companies, which are all projecting even better numbers for the next year.

If you've noticed that's a lot of "adjusted" numbers, you're right. When we look at unadjusted earnings, we see far less year-over-year improvement, if any. Much of that is attributable to changes in the tax code, with some additional effects from divestitures and asset impairments.

Overall, these are strong numbers. And that's not surprising, considering the trends that are affecting all companies in this space.

Marginal improvements

Population increases lead to higher volumes of trash, so the long-term trend of an increasing population helps all three companies. In addition, major natural disasters — like Hurricane Harvey in 2017 — seem to be occurring more frequently, resulting in higher amounts of debris removal and needed landfill space. Recent tornadoes in the Southeast and flooding in the Midwest are just two examples.

And indeed, volumes — the amount of trash hauled and put in landfills by the three companies — are on the rise, although only slightly. Waste Management led the pack with an overall volume increase of 3.3%, while Republic Services and Waste Connections lagged with increases of 0.4% and 0.1%, respectively.

Easing recycling woes

With such small increases in volume and overall revenue, it's impressive that the companies are able to pump out such big improvements in cash flows and EPS. This is largely due to operational improvements, particularly in recycling. For years, recycling was cheap as China was willing to import large quantities of recyclable plastic. That gave the waste management companies — which also handle recycling pickup — a tidy profit on their recycling efforts.

But China first limited the amount of recyclable material it would accept, then in January 2018, effectively banned imports of recyclable material altogether. The waste management companies were caught in a bind as recycling commodity prices dropped by more than one-third, and the companies' fixed recycling contracts weren't covering the difference.

However, the companies have been able to offset the recycling headwinds through cost-cutting and new fees. Waste Management, for example, has started charging a contamination fee that's generating enough revenue to turn the 2018 recycling headwinds "into a tailwind" for 2019, according to CEO Jim Fish on the most recent earnings call.

One person's trash is another's treasure

All of these broader trends in the waste management industry combined to produce 2018 gains for all three companies' stock prices while the S&P 500 posted a loss. And over the last five years, the difference is even more stark:

WM DATA BY YCHARTS.

With all three companies anticipating an even better 2019, now is a great time to consider putting a little bit of trash into your portfolio.

John Bromels owns shares of Waste Management. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

The VanEck Vectors Environmental Services ETF (EVX) was trading at $95.31 per share on Tuesday afternoon, up $0.97 (+1.03%). Year-to-date, EVX has gained 9.68%, versus a 5.52% rise in the benchmark S&P 500 index during the same period.

EVX currently has an ETF Daily News SMART Grade of A (Strong Buy), and is ranked #22 of 33 ETFs in the Industrials Equities ETFs category.

This article is brought to you courtesy of The Motley Fool.

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Digitalization Growing in Waste Management Services Market with the Adoption of Advanced Technology

Mar 26, 2019 (MARKITWIRED via COMTEX) -- VALLEY COTTAGE, NewYork, March 26, 2019 /MARKITWIRED/ –The rapid increase of non-hazardouswaste arising from the considerable economic growth of developing nationscoupled with the use of new procedures of recycling, and innovations in wastecollection is generating the demand for optimized waste management services.Moreover, increasing number of government initiatives towards reduction ofemissions and environment pollution will continue to drive the adoption ofwaste management solutions in the future. These insights have been extractedfrom a recentmarket research report by FutureMarket Insights that provide reliable intelligence on the global scenarioof the global wastemanagement services market.

As per the report, the complete automation of wastemanagement services is still far from becoming a reality. However, theincreasing use of data analytics, dynamic visual graphics, and automatedsorting have already been introduced in the market by service providers such asWaste Management Inc. and Advanced Disposal Services.

"Concerns overenvironmental pollution, and rapid expansion of urbanized areas that areboosting the development of industrial activities, are key factors that aredriving the demand for waste management services. Moreover, the high rate ofpopulation growth generates a vast amount of waste, originating fromhouseholds. This has generated interest in the area of circular economies,which are incorporating digitalization, and prioritization of renewableresources, through increased transparency between end-user organizations." Senior Analyst, Future Market Insights.

The FMI study while projecting positive growth for wastemanagement service providers, challenges such as the need for large financialinvestments, high installation costs, limited waste management infrastructure,and low budget allocation to the field by governments and customers ofdeveloping countries, are expected to offset the benefits to an extent.

FMI provides readers with detailed insights on the globalwaste management services market, on the basis of collection, storage,transport, sorting, recycling, composting, and landfills.

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Strong Demand for Waste RecyclingServices in Asia Pacific; Service Providers Move towards Zero Waste andCircular Economy Strategies

The global wasterecycling services market is estimated to display favorable growth rates,particularly in the Asia Pacific, owing to shifting of major production unitsof recycling equipment, from western nations to Asia Pacific, with lower laborcosts. With an estimated CAGR of around 2%, the demand for waste recyclingservices is expected to stay high in this region. On the other hand, fasteraccess to AI and other technologies to the west is a key factor that is expectedto constrain the local Asia Pacific market.

The global waste recycling services market is increasingly showing a shift towards consolidation by merger and acquisition activities. Key players such as Northstar Recycling, Rubicon Global, Eurokey Recycling Ltd., Waste Management Inc., and Waste Connections are competing for global leadership. While the strategic collaborations is expected to continue as a key strategy for competitors in the market, increasing investments in research for new technologies, and expansion of services into developing countries is anticipated to play a major role in the future of the waste recycling service providers.

For additional information on the various other facets of global fire trucks landscape, reach out to the team of expert analysts at press@futuremarketinsights.com

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continue reading Digitalization Growing in Waste Management Services Market with the Adoption of Advanced Technology

Hazardous Waste Disposal Date Posted For Vernon Residents

VERNON, CT — Vernon residents may dispose of hazardous waste on Saturday, April 6, from 8 a.m. 1 p.m. at the Capitol Region East Hazardous Waste facility, which is adjacent to the Manchester Landfill at 321 Olcott Street.

The drop-off is free to Vernon residents but the Town is billed approximately $45 per participating vehicle, therefore, it is requested that residents bring as many hazardous materials as possible to the collection site, possibly carpooling with neighbors.

The following items will not be accepted: alkaline batteries, ammunition, fireworks and explosives.

Motor oil and antifreeze are not accepted at HHW collection events, but they can be disposed of at the Vernon Transfer Station at no charge to residents.

For residents that have only paint to dispose of, latex or oil-based paints may be brought to the Sherwin Williams located at 100 Tolland Turnpike (Rt. 83). The store will accept up to 5 gallons per day free of charge providing cans are labelled, sealed, non-leaking and covered by the PaintCare program. There are certain specialty paints and stains not covered by PaintCare; these coatings ARE acceptable at the HHW collection events. To learn more about PaintCare, go to: https://www.paintcare.org/paintcare-states/connecticut/

For full listings of what materials are and are not acceptable at the CREOC Household Hazardous Waste collection events, visit the Town of Vernon's website at www.vernon-ct.gov.

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Open tender for waste-to-energy management system

© Provided by FMT MEDIA SDN BHD Energy, Science, Technology, Environment and Climate Change Minister Yeo Bee Yin says Malaysia must move from landfills to a safer waste disposal system. (Bernama pic)

PETALING JAYA: The government will hold an open tender exercise for companies interested in developing a waste-to-energy (WTE) management system for safer waste disposal.

Energy, Science, Technology, Environment and Climate Change Minister Yeo Bee Yin said the government is working out the tender details which will be ready in three months.

"After that, we will launch a request for proposal," she told Bernama after opening the Pharmacy Renaissance Summit by the Malaysian Community Pharmacy Guild (MCPG) today.

Yeo said the time had come for Malaysia to modernise its waste management system and shift from landfills to a better disposal solution.

Earlier, during her address, she said the chemical pollution of Sungai Kim Kim in Pasir Gudang should serve as a lesson on how every kind of waste, particularly scheduled waste, must be managed with caution.

"Malaysia needs a paradigm shift in terms of how we monitor our disposal of scheduled waste as well as clinical waste.

"Malaysians need to be more responsible and, as a government, we need better enforcement," she said.

Yeo praised MCPG's Green Pharmacy pilot project, which began in 2017 and is aimed at empowering pharmacists in educating the public on disposal of sharps waste (biomedical waste that includes hypodermic needles).

MCPG organising chairman and president Lovy Beh said the initiative started with 30 community pharmacists in Penang, with the support of the state government.

She said many people did not know how and where to dispose of sharps waste and unwanted or expired medicine, and would often throw them out with household waste or flush them down the toilet.

This is dangerous because diseases can be easily transmitted and it causes pollution, she said.

continue reading Open tender for waste-to-energy management system

What Kind Of Shareholder Owns Most Waste Management, Inc. (NYSE:WM) Stock?

If you want to know who really controls Waste Management, Inc. (NYSE:WM), then you'll have to look at the makeup of its share registry. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. Comp anies that have been privatized tend to have low insider ownership.

With a market capitalization of US$43b, Waste Management is rather large. We'd expect to see institutional investors on the register. Companies of this size are usually well known to retail investors, too. In the chart below below, we can see that institutions own shares in the company. We can zoom in on the different ownership groups, to learn more about WM.

View our latest analysis for Waste Management

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NYSE:WM Ownership Summary, March 24th 2019

More What Does The Institutional Ownership Tell Us About Waste Management?

Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing.

As you can see, institutional investors own 83% of Waste Management. This suggests some credibility amongst professional investors. But we can't rely on that fact alone, since institutions make bad investments sometimes, just like everyone does. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Waste M anagement's earnings history, below. Of course, the future is what really matters.

NYSE:WM Income Statement, March 24th 2019

More

Investors should note that institutions actually own more than half the company, so they can collectively wield significant power. We note that hedge funds don't have a meaningful investment in Waste Management. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too.

Insider Ownership Of Waste Management

The definition of company insiders can be subjective, and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. The company management answer to the board; and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board, themselves.

Story continues

I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.

Our data suggests that insiders own under 1% of Waste Management, Inc. in their own names. As it is a large company, we'd only expect insiders to own a small percentage of it. But it's worth noting that they own US$110m worth of shares. Arguab ly recent buying and selling is just as important to consider. You can click here to see if insiders have been buying or selling.

General Public Ownership

The general public, with a 17% stake in the company, will not easily be ignored. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies.

Next Steps:

It's always worth thinking about the different groups who own shares in a company. But to understand Waste Management better, we need to consider many other factors.

I always like to check for a history of revenue growth. You can too, by accessing this free chart of historic revenue and earnings in this detailed graph.

But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future.

NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

continue reading What Kind Of Shareholder Owns Most Waste Management, Inc. (NYSE:WM) Stock?

Chardon's trash-hauling contract with Waste Management to begin in June

Chardon Community Development Administrator Steve Yaney will be talking trash in the next city newsletter.

He is working to get the word out about the new single waste-hauler contract that will take effect June 1.

A FAQ sheet will be included in the spring newsletter about the agreement between the city and Waste Management of Ohio.

“Waste Management of Ohio, Inc. included the most criteria identified by Council at the lowest average price per month during the five-year term of the agreement,” according to the legislation passed last month.

Other bidders were Kimble, Major Waste and Rumpke.

Waste Management will provide exclusive weekly solid waste collection and disposal services, and bi-weekly recycling to all residents at a cost of $16.15 per month during the first year, with annual increases as set forth in the contract.

Customers receiving both services will save $5 to $20 per month on their bills, which now only include trash removal.

“Current rates in the city have a large range depending on level of service, hauler and type of service,” Yaney said. “Some residents will see their trash bill for the year reduced by over $200.”

Containers are to be distributed in late May with the first day of collection June 4. Those with other haulers will need to contact them for any payment refunds and removal of their totes.

Waste Management will be sending out postcards in a month or so directing residents to sign up for services.

The legislation passed 6-1 with Dave Lelko dissenting. He objected to the cost of recycling being included, regardless of whether residents choose to recycle. He noted that only 35 percent of Waste Management customers in the city currently contract for curbside recycling.

Those with small amounts of refuse may receive bag service at a cost of $2.50 per bag during the first year, plus $3.30 per month for recycling services.

Those on the bag-only service are permitted to opt out of the recycling fee.

“If they choose not to receive a recycling tote, they would not be billed for it,” Yaney said.

Vince Crawford, representing Waste Management, said all cities that have a single-hauler contract through his company offer both trash and recycling, and that most residents recycle in those cases.

He noted that many drop-off locations are closing, limiting recycling options.

Councilwoman Nancy McArthur asked him to respond to concerns from people who anticipate that Waste Management will increase their prices. Crawford said the prices are contracted and set for the next five years.

Councilman Dan Meleski said he favored the deal because of convenience for those who wish to recycle at a minimal cost.

The city will pay $529 per month during the first year for emptying of garbage bins at city buildings.

Bid criteria included the following:

• Service shall be provided to all single-family residences (any building on a private or public street with three residential units or less). Commercial, industrial and multifamily customers that use dumpsters aren’t be included.

• Collection on one day is preferable.

• A 10 percent discount is requested for seniors 60 and older.

• Collection hours shall be between 6 a.m. and 7 p.m.

• "Large trash" collection service shall be available to residents at an additional cost.

• Educational brochures explaining curbside recycling, the trash collection program and other refuse collection information will be provided annually.

• Fuel surcharges shall be included in the base bid.

• Hazardous material shall not be collected as waste.

• One annual curbside cleanup shall be provided at no additional cost and included as part of the monthly price to each residential customer.

Chardon will continue to offer a citywide trash day, Sept. 28.

Council in October gave the go-ahead to staff to pursue bid specifications for hiring a single waste hauler. A 2017 citizen survey revealed that exploring the idea was a priority.

The specifications were created with feedback from council members, area haulers and the public during Service Committee meetings in April, July, August and September.

About 1,750 customers receive curbside service in the city.

Council last considered a single-hauler contract in 2009, but some members of the public opposed losing the right to choose their provider.

Other area communities with single trash hauler contracts include Middlefield Village, Mentor, Kirtland, Painesville and Geneva.

continue reading Chardon's trash-hauling contract with Waste Management to begin in June

Waste Management Sets Date for First Quarter Earnings Release Conference Call

Waste Management, Inc. WM, -0.05% announced that it will release first quarter 2019 financial results before the opening of the market on Thursday, April 25, 2019. Following the release, Waste Management will host its investor conference call at 10 a.m. ET.

A live audio webcast of the conference call can be accessed by visiting investors.wm.com and selecting "Events & Presentations" from the website menu. Alternatively, listeners may access the call by dialing 877-710-6139 (US/Canada) or 706-643-7398 (International) and entering passcode 4295916.

A replay of the call will be available through May 9. To hear a replay of the call over the internet, access the "Events & Presentations" section on investors.wm.com. To hear a telephonic replay of the call, dial 855-859-2056 or 404-537-3406, and enter passcode 4295916.

The Company participates in investor presentations and conferences throughout the year. Interested parties can find a schedule of these conferences at investors.wm.com by selecting "Events & Presentations."

ABOUT WASTE MANAGEMENT

Waste Management, based in Houston, Texas, is the leading provider of comprehensive waste management environmental services in North America. Through its subsidiaries, the Company provides collection, transfer, disposal services, and recycling and resource recovery. It is also a leading developer, operator and owner of landfill gas-to-energy facilities in the United States. The Company's customers include residential, commercial, industrial, and municipal customers throughout North America. To learn more information about Waste Management, visit www.wm.com or www.thinkgreen.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20190322005458/en/

SOURCE: Waste Management, Inc.

Waste Management Web site:www.wm.com Analysts:Ed Egl713.265.1656eegl@wm.comMedia:Tiffiany Moehring720.346.5372tmoehrin@wm.com

Copyright Business Wire 2019

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Smart Waste Management Market 2019 Precise Outlook - Bigbelly Solar, OnePlus Systems, Compology, Enevo, SmartBin, Urbiotica, IoTsens

This press release was orginally distributed by SBWire

Harrisburg, NC -- (SBWIRE) -- 03/23/2019 -- Global Smart Waste Management Market Research Report 2019

Solid wastes create problem to the community and environment but if used in a good way will act as a renewable resource. The application of the technology for the management of the waste has given innovative solutions for the smart waste management. Owing to the growing population and the rise in urbanization wasting the arable and livable lands for landfills is not recommended. Wrong methods of waste disposal and landfills are causing environmental hazards and health issues, thus it has become necessary to look out for some smart ways to dispose of the waste.

The global smart waste management market is segmented into its solution, service, and applications. Based on the solution, the smart waste management market is segregated into network management, analytics and reporting solutions, optimization solutions, asset management, and others. On the basis of service, the global market is categorized into managed services and professional services. On the basis of application, the market is divided into food & retail, manufacturing & industrial, municipalities, construction, healthcare, and colleges & universities.

The Global Smart Waste Management market was valued at USD 1.20 billion in 2017, and is expected to reach USD 3.14 billion by 2023, registering a CAGR of 17.4%, during the forecast period of 2018-2023. 

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Top Leading Companies are: Bigbelly Solar,OnePlus Systems,Compology,Enevo,SmartBin,Urbiotica,IoTsens

The global smart waste management market is flourishing owing to the developing technologies which are giving desirable results. The monetary benefits of the smart waste management market are propelling rapid progress in the global market. Due to its benefits, the municipalities, industrial bodies, and other waste management companies are opting for the smart waste management techniques. The processes involved in the market include waste collection, processing of the waste, recycling them and recovering useful entities from the waste, and then the efficient disposal of the waste. The technologies that are adopted in the smart waste management include routing, fuel switching, global positioning systems-enabled (GPS), radio frequency identification (RFID), and pneumatic tubes. In near future, there will be organizations that will aim in extracting energy from the waste materials which in turn will momentum to the market growth.

Contents of the 15 Chapters for This Smart Waste Management Market Study:-

Chapter 1, to describe Smart Waste Management Introduction, product scope, market overview, market opportunities, market risk, market driving force;

Chapter 2, to analyze the top manufacturers of Smart Waste Management , with sales, revenue, and price of Smart Waste Management , in 2017 and 2019;

Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2017 and 2019;

Chapter 4, to show the global market by regions, with sales, revenue and market share of Smart Waste Management, for each region, from 2013 to 2019;

Chapter 5, 6, 7, 8 and 9, to analyze the key regions, with sales, revenue and market share by key countries in these regions;

Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2019;

Chapter 12, Smart Waste Management market forecast, by regions, type and application, with sales and revenue, from 2019 to 2025;

Chapter 13, 14 and 15, to describe Smart Waste Management sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.

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Smart Waste Management Market, by Type:

HardwareService

Smart Waste Management Market, by End User:

Public OccasionNon-Public Occasion

Collectively, North America and Europe lead the global market for smart waste management market. The factor that proves beneficial for the market growth is the government regulations that are imposed which are supportive. There are also investments being made in order to develop technologies to manage the waste and also research is going on to find ways to utilize the waste in an efficient way. The regional markets are also growing owing to the factor that the regions are finding out alternatives to landfill and are investing to find solutions for safe discarding of waste. The Asia Pacific region also anticipates witnessing a noteworthy growth in the global market in the coming years. The region is taking initiatives in developing segments such as waste-to-fuel and waste-to-energy. The growing awareness about the environmental hazards and the health concerns are triggering the market growth.

The report will make detailed analysis mainly on the development environment, Market size, development trends, operation situation and future development trends of Smart Waste Management Market on the basis of current situation of the industry in 2019 so as to make full comprehension and judgment on the competitive situation of Smart Waste Management Market Carrier and assist manufacturers and investment organization to better grasp the development course of Smart Waste Management Market.

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Important attributes of the report:

The 360-degree Smart Waste Management overview based on a global and regional level.Market share, value, volume, and production capacity is analyzed on global, regional and country level.A complete and useful guide for new market aspirants.Forecast information will drive strategic, innovative and profitable business plans.SWOT analysis of players will pave the way for growth opportunities, risk analysis, investment feasibility and recommendations.Lastly, the research methodology and data sources are offered in this report.Contact Us:

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Waste Management to hold career day event

Waste Management will hold a walk-in hiring event for people qualified for heavy equipment mechanic, driver and technician jobs.

It will be held from 9 a.m. to 1 p.m. Friday, March 29 at its facility at 416 N. Dennison Road. The event is meant to identify candidates for future positions, according to a Waste Management news release.

Specifically, heavy equipment mechanics, drivers with HAZMAT and TANKERS endorsement, Class A and B drivers, and technicians can go to WMCareerDay.com to view and apply for future positions.

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Global Pharmaceutical Waste Management Market 2018 to grow at a CAGR of 6.11% during the forecast period from 2018-2025

Mar 20, 2019 (Aperture Games via COMTEX) -- As per the report published by Fior Markets, the global pharmaceutical waste management market is expected to grow from USD 1,191.07 Million in 2017 to USD 1,980.31 Million by 2025 at a CAGR of 6.11%during the forecast period from 2018-2025. North Americais expected to dominate the market during the forecast period. North America possesses huge market growth potential due to increasing prevalence of chronic diseases and implementation of pharmaceutical waste disposal regulations in the region are driving the growth of the market.

Global Pharmaceutical Waste Management Market by Nature of Waste (Hazardous Waste, Non-hazardous Waste), Type of Waste, Application, and Region" and Global Forecast 2018-2025.

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Prominent players operating in the market areStericycle, Waste Management, Inc., BioMedical Waste Solution, LLC, Daniels Health, Stryker, Covanta Holding Corporation, Cardinal Health, MedWaste Management Inc., Veolia Environmental Services North America Corp, Suez Environment S.A, Clean Harbors Environmental Services, Republic Services and others.Major firms are incorporating various strategies to increase their market reach.

The nature of wastesegment is divided into hazardous waste, non-hazardous waste. The non-hazardous waste segment dominated the segment and was valued around USD 690.27 million in 2017. Increase in government awareness programs for safe and efficient pharmaceutical waste disposal in developing economies is expected to propel the segment during the forecast period.The type of wastesegment is classified into over the counter waste, non-controlled prescription drugs, controlled drugs, and hazardous drugs. The non-controlled prescription drugs segment held the largest market share of 43.37% in 2017. Increase in usage of prescription medication for treating high blood pressure, diabetes, and bacterial infections is expected to drive the segment growth. Application segment is divided into hospitals, pharmaceutical and biotechnology companies, clinics and physician offices, pharmacies. The hospitals segment is expected to attain the highest CAGR of 8.19% in the forecast period. Unused med ications are disposed through hospitals and community pharmacies driving the growth of the segment.

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Rise in government initiatives for safe disposal of unused medications and Increase in awareness about safe disposal of pharmaceuticals and environmental conservationare boosting demand of market in forecast period. In addition,growth in health care infrastructureis alsoaugmenting the growth of the market.High cost of disposal of pharmaceutical waste may restrict thegrowth of the market. However,research and development activities across the globe to support and facilitate medical advancements are propelling the growth of the market in forecast period.

Customization of the Report:This report can be customized to meet the client's requirements. Please connect with our sales team(sales@fiormarkets.com),who will ensure that you get a report that suits your needs.

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Solid waste board eyes costlier contract to recycle glass

As the amount of glass bottles and jars being recycled in the Santa Fe area declines, the city-county board that oversees recycling efforts is considering changing the out-of-state companies where tons of glass are shipped rather than buried in a local landfill.

The Santa Fe Solid Waste Management Agency Joint Powers Board is considering a contract amendment that could cost in excess of $200,000 a year for an Española trucking company to haul most of the glass collected here to the Momentum Recycling plant in Bloomfield, Colo., between Denver and Boulder.

The board is scheduled to hear the proposal Thursday.

According to a March 14 memo by the agency’s executive director, Randall Kippenbrock, the Pro-Motion trucking company in the past year has hauled 36 semitruck loads to Miller-Coors Rocky Mountain Bottle Co. near Denver and 22 loads to Momentum, which opened its Colorado facility in 2016, according to its website.

That’s a total of 1,323 tons of glass from Santa Fe area consumers last year. Each load weighs about 23 tons.

The contract amendment would pay Pro-Motion $1,275 per load shipped to Momentum, which is slightly more than 400 miles from Santa Fe, and $1,650 per load for any loads that go to a new alternative site, Strategic Materials in Phoenix, which is just over 500 miles away.

The amount of the trucking contract would go up by about $79,000, with a maximum of $206,550.

But if the current trend continues, there could be fewer shipments to either plant.

In an interview Wednesday, Kippenbrock said that city and county residents last year deposited 1,973 tons of glass at recycling collection sites in the area.

That’s down slightly from the 2,021 tons of glass collected in 2017. And it’s significantly down from the 2,500 tons collected in 2016, which was the last full year the city collected glass along with other materials for recycling at residential curbs.

Shirlene Sitton, Santa Fe’s director of environmental services, said in an interview last year that while glass recycling is declining locally, the recycling of other materials like plastic and paper is increasing.

The decrease in glass recycling since 2016 means there are about 50 more tons of glass going to the Caja del Rio Landfill west of Santa Fe. Though glass itself isn’t harmful to the environment, a bottle or glass jar in a landfill is a jar or bottle that is not being used again, and creating new ones can be harsher on the environment than recycling old ones.

Before shipment, glass collected from drop-off sites in the area is piled up at the Buckman Road Recycling and Transfer Station.

Kippenbrock said Wednesday the proposal to change recycling companies came about because the Miller-Coors facility was strict about the quality of glass it accepts. “They want clear glass,” he said, and they refused to accept a couple of crushed-glass shipments from Santa Fe that had been contaminated with asphalt material that also was stored at the Buckman Road Recycling and Transfer Station.

Also, he said, Miller-Coors â€" which had been cited and fined by the federal Environmental Protection Agency for polluting the air â€" had to temporarily close one of its units last year to retrofit its equipment.

The Momentum company, however, is less strict in accepting glass, accepting loads that have up to 25 percent nonglass material, such as plastic and paper that make it into the glass deposit bins.

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Agree To Purchase Waste Management At $82.50, Earn 2.3% Using Options

[unable to retrieve full-text content]Investors eyeing a purchase of Waste Management, Inc. (Symbol: WM) stock, but cautious about paying the going market price of $101.52/share, might benefit from considering selling puts among the ...

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Concord names new Solid Waste Director

CONCORD, NC (WBTV) - From the City of Concord: Robin Barham will be the City of Concord’s next Solid Waste Director, effective May 1. Her new role builds on 12 years as Concord’s Budget and Performance Manager. She succeeds recently retired Solid Waste Director Brian Moore.

"I am thrilled for Robin joining our leadership team. She is a proven leader in our organization and has guided our budget process for the past ten years," said City Manager Lloyd Payne. "She has been a key partner of the Solid Waste Department, including contract analysis and research. I am excited about her enthusiasm to lead the department and know she will do an incredible job. Her loyalty to the City is evident and Team Concord will be even stronger for her contributions."

The Solid Waste Services Department provides curbside collection and disposal to Concord residents. Additionally, the department offers commercial recycling and other waste reduction opportunities to businesses.

"Robin will be an outstanding addition to our leadership team," said Assistant City Manager LeDerick Blackburn. "Her wealth of knowledge will position the department to innovate in new ways as we adapt to the changing waste management industry. I am confident that her experience and her commitment to great service delivery have prepared her for this new role."

Barham began her career in Concord in 2007, after working in Greensboro as a budget analyst for 5 years. Her service with both cities has included considerable work with solid waste services. She has focused on efforts to improve service, contain or reduce costs, and ensure efficiency in operations.

Her previous role included leading Concord's budget development, performance management, and benchmarking efforts. She has also conducted departmental studies and analysis.

"I am honored to serve as Concord’s next Solid Waste Services Director," said Barham. "The community values the department's dedicated staff and the services they deliver. I am excited to partner with them in this work. I prioritized continuous improvement in my budget role, and am delighted to lead a department that shares this core value.

Barham holds memberships in the North Carolina Local Government Budget Association and International City/County Management Association (ICMA). She is a certified North Carolina Budget and Evaluation Officer. She completed UNC School of Government's Leading for Results program as an LGFCU Fellow, as well as Municipal and County Administration. She holds a bachelor of arts in political science and sociology (double major) and master of public administration degrees from Virginia Tech.

A native of Bassett, Virginia, she has called North Carolina home since 1998. Robin and her husband, Gary, have lived in Kannapolis since 2006. Married for 13 years, their children (Zach and Makenna) keep busy baseball and gymnastics schedules. She enjoys travel, sports (Virginia Tech Hokies, Carolina Panthers, and Boston Red Sox), camping, and spending time with family. The family attends Bethpage Presbyterian Church in Kannapolis

Copyright 2019 WBTV. All rights reserved.

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Plastic Waste Management: Recycling Processing Services to Remain Dominant Through 2026

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Albany, NY -- (SBWIRE) -- 03/15/2019 -- ResearchMoz include new market research report "Global Market Study on Plastic Waste Management: Recycling Processing Services to Remain Dominant Through 2026" to its huge collection of research reports.

Growing end user demand for a higher content of recycled plastic in bottles is expected to boost the growth of the plastic waste management market over the forecast period. Utilization of recycled content in packaging reduces the environmental footprint of the package and incentivizes recycling. Various brand owners have shown strong commitment towards utilizing post-consumer recycled content in their products and packaging solutions, while ensuring that their products are compatible to be recycled with existing products.

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The main aim of this report is to offer exhaustive analysis and provide insights pertaining to the Plastic Waste Management market. This report offers a comprehensive analysis of the global Plastic Waste Management market in terms of market Volume (KT) & value (US$ Mn) and year-wise (Y-o-Y) growth in the global Plastic Waste management market according to resin type, source of waste collection and nature of service. For better understanding of the market, the report comes loaded with analysis of factors, such as drivers, trends, restraints and their impact on the market dynamics. The report is segmented into four sections by resin type, by nature of service, by source of waste collection and by region.

Report Description

The report on the global Plastic Waste Management market starts with executive summary and market introduction and provides a complete view of the market. This section includes plastic waste management Market view point, value chain analysis and forecast factors impact analysis. The section that follows analyses the global Plastic Waste Management market on the basis of its segments and presents forecast for the period of 2018-2026. The global Plastic Waste Management market is segmented into:

Last section of the report includes competitive landscape, which includes market share analysis and provides information and analysis of companies based on categories of manufactures and service providers across the value chain and their presence in the global Plastic Waste Management market.

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Research Methodology

Plastic waste management markets volume was inferred through in-depth secondary research and validated from industry experts and key manufacturer/ solution providers through primary interviews. Each interview was thoroughly analyzed and average plastic waste management market volume was deduced and reconfirmed prior to incorporation in the report. For the estimation of global plastic waste generation, per-capita solid waste generation across various countries was also analyzed. For the plastic waste management market analysis, we have considered 2017 as the base number with estimated Plastic Waste generation in 2018 and forecast has been made for years 2018 to 2026. The plastic waste management market size is calculated with different resin types of Plastic Waste Management and based on their selling price in respective regions. Further, data points, such as nature of service split, source of waste collection split and regional split, along with qualitative inputs from primary res earch have been incorporated to provide precise plastic waste management market analysis. The forecast presented in this report estimates the total revenue projected to be generated across the Plastic Waste Management market over the forecast period (20182026).

In this report, we have conducted forecast in terms of CAGR and analyzed market on the basis of Year-on-Year (Y-o-Y) growth in order to understand the behavior of the plastic waste management market and identify opportunities in the Plastic Waste Management market. Moreover, for a better understanding of each segments growth, we have analyzed the global Plastic Waste Management market in terms of Absolute Dollar Opportunity and Basis Point Share (BPS), which provides in-depth information about potential resources and key trends involved in the Plastic Waste Management market. Along with this, PMR has used market attractive index, which provides information about the performance and growth of each key segment in the global Plastic Waste Management market.

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Waste Management Has The No. 1 Trait Of Top Dividend Stocks

[unable to retrieve full-text content]With dividend stocks, I like boring. People always need to take out the trash. That has turned Waste Management into a dividend machine. The company offers a compelling combination for income ...

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Tryon International Equestrian Center violates animal waste disposal regulations

MILL SPRING – Fresh from paying a $64,000 fine for water quality violations earlier this year, the Tryon International Equestrian Center in Polk County has been cited for more violations, this time for improper disposal of animal waste.

The N.C. Department of Environmental Quality's Water Resources Division issued the TIEC a notice of violation of its animal waste disposal permit on March 6. Inspectors found that manure was being spread on saturated fields and during rain events during a Feb. 21 visit to the site.

The DEQ found five violations at the TIEC, run by managing partner Mark Bellissimo. The 1,600-acre facility with arenas, stables, restaurants and shops is a world-class horseback riding, training and exhibition center that hosted the World Equestrian Games last September with more than 400,000 spectators and 800 athletes and their horses from around the globe.

© Provided by Gannett Co., Inc. Canadian rider Kimberley Woolley, on her horse, Schakka Khan, sets out for another lap of the Endurance race during the FEI World Equestrian Games at the Tryon International Equestrian Center on Sept. 12, 2018.

The violations include:

UNITED TECHNOLOGIES CORPORATION

AMC ENTERTAINMENT HOLDINGS, INC.

Violation of the Certified Animal Waste Management Plan and Animal Waste Operation individual permit.

Land application of waste during precipitation events.

Land application of waste on land that is flooded, saturated with water, frozen, or snow covered at the time of application.

At all times, the facility must have a legal agreement with an appropriately permitted third party or manure hauler to transport and accept the animal waste generated at this facility.

Monitoring and reporting requirements, including maintaining adequate records tracking the amount of waste stored and disposed.

RELATED: How successful were the World Equestrian Games?

The company must respond to the demands in the notice within 15 days of receipt, which is March 21, said Christy Simmons, DEQ spokeswoman.

Spreading manure on fields is an approved method for disposing of animal waste, as long as practices outlined in the Approved Nutrient Management Plan are followed, such as an appropriate field, covering with a certain crop such as grass or hay, application period, nitrogen rate, and other factors.

MORE: NC DEQ: Tryon Equestrian Center polluting water

MORE: Tryon International Equestrian Center fined for water pollution

The permit allows for applying manure to 300 acres.

Simmons said the center didn't follow proper procedures for land application because horse waste was spread on fields while it was raining and also while fields were saturated.

"They were not following their Approved Nutrient Management Plan, which prompted the notice of violation," Simmons said.

"Waste can only be used as fertilizer if there's a crop to take in those nutrients and decompose the bacteria," said Gray Jernigan, Southern Regional Director and Green Riverkeeper with the nonprofit MountainTrue, who monitors water quality in the Green River watershed.

"They spread animal waste on saturated soil without the cover crop, and outside of application window governed by the permit. It was essentially raw sewage spread on the ground with nothing to break it down," Jernigan said.

"In addition, it was saturated soil, with potential for bacteria and nutrients in the soil to run off into waterways."

© Angela Wilhelm/awilhelm@citizentimes.com, Construction for the FEI World Equestrian Games has caused the North Carolina Department of Environmental Quality to issue Tryon Equestrian Partners, LLC, multiple notices of violation for exceeding water pollution standards and allowing sediment to pollute creeks surrounding the Tryon International Equestrian Center in Polk County, including White Oak Stream.

The DEQ found no streams had been impacted by the TIEC's permit violations.

Sharon Decker, chief operating officer for TIEC, said the violations have been addressed.

"In our waste management plan, we can spread manure over a ground area, but the violation was that we did it while the ground was saturated, and honestly it was just an error on our part," Decker said.

"It was not in an inappropriate area, but just that the ground was wet. Rain has been a challenge. It has been almost nonstop."

She said they stopped spreading manure immediately when they learned of the violation and have since been storing it in a covered area.

"We have not spread any since because we have not had any dry weather," she said.

Decker said considering the center produces more manure than a typical horse farm — it can hold up to 1,500 horses — they are looking at innovative ways to dispose of animal waste, and have reached out to N.C. State University, which has a waste management program

"There are some kinds of waste that can be converted to fuel. We are beginning to explore those options to look at a strategy for the long term. We're using very traditional methodology today, but we think there could be some innovation in the process that can be very positive," she said.

RELATED: Bellissimo plans for life after World Equestrian Games

The center had received two past violations for animal waste disposal, as well as a notice of water quality violations for sediment deposition resulting from construction in September 2016, for which the company was fined $25,250.

Another violation in August 2018 due to sediment deposition in 11,438 linear feet of eight streams from construction in roughly the same area off Sandy Plains Road. This drew a fine of $64,437, which according to DEQ records was paid in January.

© Angeli Wright/awright@citizen-times.com Switzerland's Janika Sprunger, on Bacardi VDL, competes in the team jumping competition of the FEI World Equestrian Games at the Tryon International Equestrian Center on Sept. 20, 2018.

Decker said construction continues on upgrades and improvements as the equestrian center looks to its March 21 opening date for horse competitions.

"We're finishing all the exterior work to the East Pavilion, which is part of the polo area with lots of grass fields," Decker said. The polo season will start in the fall.

She said detail work is continuing on the covered arena as well as the International Pavilion, and there will be a new entrance with more than 1,000 parking spaces.

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This article originally appeared on Asheville Citizen Times: Tryon International Equestrian Center violates animal waste disposal regulations

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Waste Management scoops up Texas-based oil field waste disposal company

[unable to retrieve full-text content]A subsidiary of Houston-based Waste Management Inc. (NYSE: WM) has acquired Petro Waste Environmental LP, a San Antonio-based oil field services company, according to a March 11 press release. WM ...

continue reading Waste Management scoops up Texas-based oil field waste disposal company

Waste Management Energy Services Acquires Petro Waste Environmental from Tailwater Capital to Expand Service to the Oil and Gas Industry

SAN ANTONIO, Texas--(BUSINESS WIRE)--

WM Energy Services Holdings, LLC, an indirect subsidiary of Houston-based Waste Management, Inc. (WM), today announced the acquisition from Tailwater Capital of Petro Waste Environmental, a leading provider of comprehensive oilfield environmental services and solid waste disposal serving the Permian Basin and Eagle Ford Shale Play, the most economically active oil and gas producing regions in the U.S.

With its oilfield solid waste disposal solutions, waste-handling capabilities and conveniently located disposal sites catering to the oil and gas industry, the addition of Petro Waste Environmental to Waste Management Energy Services portfolio greatly enhances the company's offerings. Waste Management now has a strong presence in the Permi an Basin with multiple disposal sites in West Texas and an expanding footprint in the Eagle Ford Shale Play with one disposal facility currently under construction and a second permitted in south Texas.

"This acquisition expands Waste Management Energy Services' business to provide superior and differentiated solid waste disposal services to oil and gas producing customers operating in Texas," said Scott Bradley, Four Corners Area Vice President for Waste Management. "By leveraging Petro Waste's extensive footprint and scale, core competencies, state-of-the-art disposal f acilities and robust customer base, we expect to generate momentum for significant and sustainable business growth."

"We are very proud of the platform we've built and appreciate the hard work from our dedicated team members," said George Wommack, CEO of Petro Waste Environmental. "We are excited to be selling to the best company in the industry and couldn't be happier our employees will have the opportunity to advance their careers with Waste Management."

"Waste Management welcomes the Petro Waste employees to our family and will continue to deliver safe, reliable services to the energy industry," said Bradley.

Barclays acted as financial advisor and Thompson and Knight LLP provided legal counsel to Petro Waste on the transaction. Tudor, Pickering, Holt & Co. acted as financial advisor and Stinson Leonard Street provided legal counsel to Waste Management.

About Waste Management

Waste Management, based in Houston, Texas, is the leading provider of comprehensive waste management environmental services in North America. Through its subsidiaries, the Company provides collection, transfer, disposal services, and recycling and resource recovery. It is also a leading developer, operator and owner of landfill gas-to-energy facilities in the United States. The Company's customers include residential, commercial, industrial, and municipal customers throughout North America. To learn more information about Waste Management, visit www.wm.com or www.thinkgreen.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20190311005223/en/

continue reading Waste Management Energy Services Acquires Petro Waste Environmental from Tailwater Capital to Expand Service to the Oil and Gas Industry

Waste Management's Subsidiary Buys Petro Waste Environmental

Waste Management, Inc.'s WM indirect wholly owned subsidiary — Waste Management Energy Services Holdings, LLC — yesterday announced the acquisition of Petro Waste Environmental from Tailwater Capital. The financial terms of the deal have been kept under wraps.

Petro Waste Environmental provides comprehensive oilfield environmental services and solid waste disposal facilities in the Permian Basin and Eagle Ford Shale Play (two of the major economically active oil and gas producing regions in the United States).

Shares of Waste Management have gained 15.2% in the past year compared with 10% rise of the industry it belongs to.

 

Deal Benefits

The acquisition seems to be part of Waste Management's efforts to strengthen its solid waste business.

It is expected to expand Waste Management Energy Services' offerings and enhance the quality of solid waste disposal services offered to oil and gas producing customers operating in Texas.

Scott Bradley, vice president of Four Corners Area at Waste Management, stated that, "By leveraging Petro Waste's extensive footprint and scale, core competencies, state-of-the-art disposal facilities and robust customer base, we expect to generate momentum for significant and sustainable business growth."

Notably, the company spent $466 million on acquisition of solid waste businesses in 2018. Total internal revenue growth of the business from volume was 2.9% and margin expanded 50 basis points.

Zacks Rank & Stocks to Consider

Currently, Waste Management is a Zacks Rank #3 (Hold) stock. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

Some better-ranked stocks in the broader Zacks Business Services sector are Omnicom OMC, Paychex PAYX and Automatic Data Processing ADP, each carrying a Zacks Rank #2 (Buy). Long-term expected EPS (three to five years) growth rate for Omnicom, Paychex and Automatic Data Processing is 6.9%, 8.8% and 12.8%, respectively.

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Oilfield landfill operator PetroWaste Environmental sold to Waste Management

By Sergio Chapa, Houston Chronicle

Updated 2:39 pm CDT, Monday, March 11, 2019

Photo: PetroWaste Environmental LP

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PetroWaste Environmental Big Lake Landfill in the Permian Basin's Reagan County. Dallas private equity firm Tailwater Capital sold PetroWaste Environmental to a subsidiary of Houston-based Waste Management. Financial terms of the deal were not discloed. less PetroWaste Environmental Big Lake Landfill in the Permian Basin's Reagan County. Dallas private equity firm Tailwater Capital sold PetroWaste Environmental to a subsidiary of Houston-based Waste Management. ... more Photo: PetroWaste Environmental LP

Oilfield landfill operator PetroWaste Environmental sold to Waste Management

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Private equity-backed oilfield landfill and saltwater disposal well operator PetroWaste Environmental has been sold to a subsidiary of Houston landfill operator Waste Management.

Dallas private equity firm Tailwater Capital announced on Monday morning that it sold San Antonio-based PetroWaste Environmental to WM Energy Services Holdings.

Financial terms of the deal were not disclosed but PetroWaste Environmental was launched in January 2019 with private equity funding from Tailwater Capital.

Active in both the Permian Basin of West Texas and the Eagle Ford Shale of South Texas, PetroWaste Environmental had developed a network of saltwater disposal wells and landfills to receive waste from oil and natural gas operations.

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Touted as the largest oilfield landfill operator in the Permian Basin, PetroWaste Environmental was preparing to open its first landfill in the Eagle Ford near the town of Nordheim at the time of the sale.

PetroWaste Environmental CEO George Wommack told the Houston Chronicle that the Nordheim facility was scheduled to be opened over the next two weeks but that Waste Management is taking over the project. With the sale complete

"We are pleased that our employees will have the opportunity to continue to build on our success under Waste Management ownership and expand upon the essential services we provide to our customers and the communities in which they operate," Wommack said in a statement.

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In a separate statement, Waste Management Vice President Scott Bradley said the acquisition allows the Houston company to expand its services to oil and natural gas industry customers.

"By leveraging Petro Waste's extensive footprint and scale, core competencies, state-of-the-art disposal facilities and robust customer base, we expect to generate momentum for significant and sustainable business growth," Bradley said in a statement.

continue reading Oilfield landfill operator PetroWaste Environmental sold to Waste Management

Waste Management to Expand Recycling Operations in Salt Lake City

Waste Management of Utah has announced plans to expand and improve its Salt Lake City recycling operations with the construction of a new, larger and technically advanced materials recovery facility (MRF). Building is expected to begin in the spring, and the new MRF is slated to be fully operational by early 2020.

"Waste Management remains committed to supporting sustainability, and recycling is an important component," said Scott Bradley, area vice president for Waste Management's Four Corners Area, in a statement. "To ensure our local recovery operations can keep pace with the volume of recyclable materials being generated by the growing communities in and around Salt Lake City, Waste Management identified a very real need to improve our local recycling operations."

The new MRF will support recycling programs throughout the Salt Lake Valley, including processing the recycling for the municipality of Salt Lake City's roughly 41,000 residential customers.

"Having this facility located in Salt Lake City, for the benefit of our residents and businesses, truly reflects our culture and commitment to recycling as a city," said Salt Lake City Mayor Jackie Biskupski in a statement. "Waste Management's commitment to upgrade its MRF helped secure our long-term public-private partnership. This project will offer many assets to our community—economic development; shorter travel times for our recycling trucks, resulting in lower emissions; and, of course, a more efficient and cost-effective recycling operation that is responsive both to our sustainability goals and to our future population growth."

Waste Management of Utah plans to invest $16 million to bring the new MRF online. The facility will occupy 50,000 square feet of an existing structure at the company's transfer station located south of the airport at 3405 West 900 South. Once operational, the MRF will be capable of processing and sorting 35 tons of material an hour, which is more than 700 tons of recycled materials per day.

"State-of-the-art equipment with advanced sorting technologies will be installed at the new MRF," said Mark Snedecor, area director of recycling operations for Waste Management, in a statement. "Our goal is to improve production efficiencies and reduce contamination levels in the materials we produce. By modernizing our operations, we expect to meet and exceed the increased quality standards being imposed by domestic and international buyers of the metals, plastics, cardboard and paper produce."

Machinery with improved automation capabilities, advanced sorting optics and ballistic 2D and 3D motion separators are on the list of equipment to be installed. Additionally, screens designed to reduce the safety concerns and production delays caused by non-recyclable plastic bags getting wrapped around rotating sorting equipment will be utilized.

Currently, Waste Management services Salt Lake City's robust recycling program, processing approximately 750 tons of recyclables each month. At present, the municipality diverts more than 40 percent of its residential waste stream to recycling and compost. The modernized MRF will support this effort by producing a cleaner end product with higher value—which will ultimately lead to greater diversion from the landfill.

The new MRF will remain a single stream operation that accepts and sorts clean metal cans, plastic bottles and containers, cardboard, paper and newspaper. Waste Management's current MRF, located in West Jordan, will continue to operate until the new facility opens.

continue reading Waste Management to Expand Recycling Operations in Salt Lake City