IESI LA Corporation Acquires the Recycling Foundation Inc. in Louisiana
BATON ROUGE, LOUISIANA--(Marketwire - Aug. 11, 2011) - IESI LA Corporation ("IESI" or the "Company"), a subsidiary of Progressive Waste Solutions Ltd., announced the acquisition of The Recycling Foundation Inc., located in Baton Rouge, LA and Lafayette, LA, effective August 1, 2011.
The Recycling Foundation was founded in the early 1990s by the Cheatham family and the facility in Baton Rouge was the first Material Recovery Facility in the state of Louisiana. The Recycling Foundation serves more than 500 businesses and holds curbside recycling contracts for East Baton Rouge Parish, Lafayette, Zachary, Youngsville, and Carencro. It processes approximately 5,000 tons of recyclables per month. The material recovery facility located in Baton Rouge is a single stream facility with approximately 35,000 square feet. Because it employs a single-stream process, customers can combine paper, metals, cardboard and plastics in one large container.
"This acquisition will enhance our efforts to bring our recycling services throughout Louisiana. We have been at the forefront of recycling in other parts of the country and we intend to tap into our knowledge and expertise to increase recycling here in Louisiana," said Phil Smith, Region Vice President of IESI. "We expect to see many opportunities for the expansion of recycling in the state and we are proud to help recover our country's valuable resources."
This acquisition demonstrates IESI's ongoing commitment to environmental initiatives. In 2009, IESI constructed and opened the first LEED Certified privately-funded single-stream material recovery facility (MRF) in the United States located in McKinney, Texas. "We are very proud of our environmental and recycling efforts, which are a testament to our leadership in the environmental services industry," said Tom Brown, Senior Vice President and Chief Operating Officer of IESI. "This tuck-in acquisition is part of our broader strategy of building a strong network of assets in Louisiana."
IESI's sustainability efforts are also reflected in the amount of material it diverts from landfills across the country. In 2010, IESI, along with parent company Progressive Waste Solutions Ltd., diverted more than 1.2 million tons of material from landfills, including more than 600,000 tons of paper, representing nearly 10.8 million trees. In addition, IESI's Seneca Meadows Tire Recycling center processed more than 1.5 million automotive tires for re-use.
Paper Recycling Companies Trees - News
In 2010, IESI, along with parent company Progressive Waste Solutions Ltd., diverted more than 1.2 million tons of material from landfills, including more than 600000 tons of paper, representing nearly 10.8 million trees. In addition, IESI's Seneca
As a personal incentive, Scholfield also pays his employees' residential recycling bills. Last year, Scholfield said, his company recycled 7950 pounds of paper -- the equivalent of 53 trees -- along with 19623 gallons of oil, 20842 car batteries and
If you have a daily subscription, you know how fast the scrap paper piles up. Today's newspapers print with soy-based inks. The old petroleum-based ones are pretty much gone, and they were the heavy-metals problem. This opens up recycling newsprint
asked the employee, who cited five large companies that produce significant amounts of paper. Carlstadt has used the grant funding in the past to purchase recycling barrels for residents, which cost $18000, and annually sends out a recycling calendar
Despite recycling efforts, some environmentalists say the bags are litter and often found in streets or stuck in trees. They clog drains and endanger wildlife that try to eat them. Environmentalists say most of the plastic bags are nonbiodegradable and
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The Indian Paper Industry makes a small 1.5% of the global production of paper and parperboard with a size of around 5.5 billion dollars. The industry was delicenced in 1997 by the Government of India and made foreign participation permissible. Most of the paper mills are in existence for a long time and hence present technologies fall in a wide spectrum ranging from oldest to the most modern.The mills use a variety of raw material eg. wood, bamboo, recycled fibre, bagasse, wheat straw, rice husk and recycled fibre. India is the fastest growing market for paper globally with paper consumption set to rise with the economic growth and is estimated to touch 14 million tons in the next 5 years (Source IPMA)
Paper Recycling in India
Paper Recycling has several benefits. Using recycled paper to make new paper reduces the number of trees that are cut down, conserving natural resources. In some instances, recycling services are cheaper than trash-disposal services. Recycling paper saves landfill space and reduces the amount of pollution in the air from incineration. In India, however only about 20% waste paper is being currently recovered annually. Low recovery is on account of alternate use of paper in wrapping, packing, etc. Lack of source segregation results in waste paper getting contaminated and becoming unusable. In comparison in developed countries the percentage of recovery of waste paper is very high. For instance in Germany it is 73%, Japan 60%, USA 49% and Italy 45 %. Sri Jayalakshmi Enterprises, a Chennai based enterprise is one of the leading company in the recycling of old paper and cardboard for final recycling.
Issues with Paper Industry
Wood: Indian wood resources are limited therefore, cost of wood is much higher in global comparison. Bagasse/ Straw: Though annual availability of agro residues is large yet, this may not be able to sustain the future growth of the Industry.Moreover, bagasse is increasingly used by sugar mills for co-generation of power. Waste Paper: The recovery rate works out to about 20% which is much lower in comparison with 65% recovery achieved by many global players. Low recovery is on account of alternate use of paper in wrapping, packing, etc. Energy Cost: Cost of coal is escalating and prospect of availability of quality coal is diminishing.Paper Recycling Companies Trees - Bookshelf
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