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With “Écogeste collèges 2017”, Editions Belin and Veolia will be able to recycle several million obsolete textbooks

For the second consecutive year, Éditions Belin and Veolia are offering the 6,800 middle schools in France a free collection and recycling service for old textbooks.

In 2016, the first “Ecogeste collèges” collected 1,475,000 obsolete textbooks. This year, with the change in language, life and earth sciences, and physics and chemistry curricula from class 5 to class 3, Veolia and Editions Belin could collect as many as 10 million obsolete books. They could then be recycled to make 16 million exercise books with 96 large format pages. The profits from the operation will go to UNICEF to finance actions for children and education (in 2016, the profits funded the production of 17,000 exercise books).

Middle schools at the heart of a circular economy loop

Veolia will collect worn textbooks and used paper directly from participating establishments. The Group will sort and transform them into recycled raw materials, which will then feed the local paper mills to produce recycled paper.

Key figures for “Ecogeste colleges” 2016

1,475,000 books recycled
314,000 participants in 600 middle schools
1,000 tonnes of books collected
775 tonnes of recycled paper, equivalent to 2.4 million 96-page large format exercise books

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Moody’s Investors Service Assigns A1 Rating to Sindicatum’s Green Bonds Guaranteed by GuarantCo.

Singapore, December 14, 2017 — Moody’s Investors Service has assigned an A1 rating to the proposed green bonds to be issued by Sindicatum Renewable Energy Company Pte Ltd and guaranteed by GuarantCo (A1 stable).

The outlook on the rating is stable.

The bonds are denominated in Indian rupees (INR) but are settled in USD. The proceeds from the issuance will be used to fund Sindicatum’s renewable energy projects in India (Baa2 stable) and to refinance existing debt.

RATINGS RATIONALE

The A1 rating assigned to Sindicatum’s bonds is in line with GuarantCo’s A1 issuer rating and reflects Moody’s belief that the terms of GuarantCo’s guarantee, which is unconditional and irrevocable, are sufficient for credit substitution.

“For a new plastics economy”: Veolia recommends structuring an industrial plastic recycling and recovery sector

On the initiative of Bruno Le Maire, France’s Minister of Economy and Finance, the seminar “For a new plastics economy ” gathered today in Bercy all actors in the sector. Antoine Frérot, Veolia’s Chairman and CEO, presented the Group’s strategy for recycling plastics and its recommendations for a new plastics economy.

The economic and environmental challenges of recycling plastic

It is estimated that half of the 8.3 billion tonnes of plastic produced in the world between 1950 and 2015 is now in landfill or in the environment. 150 million tonnes of plastic form a “7th continent in the middle of the oceans” which threatens the marine ecosystem. Given that global annual production (330 million tonnes) of plastic will quadruple by 2050, plastic recycling is a major issue.
At present, the plastic recycling rate is only 9% (as against 80% for ferrous metals, 60% for paper, and 50% for glass). With regulations gradually evolving towards recovery and a ban on plastics in landfill, particularly in Europe and Asia, the market for recycled plastics is expected to grow by 7% per year by 2025.
According to Deloitte, achieving a plastic recycling rate of 60% in Europe by 2025 (compared to 15% today) would create 80,000 direct jobs and 120,000 indirect jobs.

Veolia strengthens the plastic circular economy

Currently, Veolia’s turnover is only €200 million in the field of recycled plastic. Our goal is to increase this figure fivefold by 2025. Our Group’s ambition is to structure an industrial recycling and plastic recovery sector and so offer an alternative to virgin materials,” explained Antoine Frérot.

By 2025, Veolia will recycle twice as much plastic as it does today (500,000 tonnes versus 250,000 tonnes), combining organic growth with targeted acquisitions. In France, Veolia already operates 4 plastic processing centres and 89 sorting centres.

Veolia is one of the 89 signatory companies to the French Business Climate Pledge: “French businesses are committed to the climate!”

On the eve of the One Planet Summit initiated by the President of the French Republic, 89 French companies, including Veolia, this morning signed the French Business Climate Pledge. 39 of them had already signed a Climate Manifesto during COP21.

The level of ambition means accelerating our actions

The 89 French signatory companies of the 2017 French Business Climate Pledge affirm the need to collectively change course in order to drastically reduce greenhouse gas emissions (GHG) on a planetary scale.
Together, these companies represent 6 million jobs and global revenue of 1,500 billion euros. Between 2016 and 2020 they will commit more than 320 billion euros in funding, research and development and innovation in order to develop low carbon projects.

New office and customer center in Kikinda (Serbia)

On November 20th, 2017 FCC Kikinda d.o.o. opened its new site in Kikinda. Here you can find the counters for the customer from Kikinda region as well as the FCC Kikinda d.o.o. company’s directorate.

You can find the new site at General Drapšin 20, Kikinda.

FCC Environment CEE (formerly .A.S.A.) entered the Serbian market in year 2007. FCC Kikinda company in Kikinda town and the surrounding villages provides collection of municipal waste. Company constructed and opened a high technology treatment facility for safe landfilling of communal waste.

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