Republic Services eyes $600M in 2022 acquisition spending outside of US Ecology

With the recently purchased environmental solutions business delivering on planned cost savings, Republic’s future pipeline will focus primarily on recycling and solid waste transactions, execs said during their earnings call.

By Maria Rachal • Aug. 5, 2022

What the Inflation Reduction Act proposal means for biogas producers and alternative fuel vehicles

Supporters such as the American Biogas Council and RNG Coalition say several provisions could help grow RNG markets, but the National Waste & Recycling Association says a corporate tax hike will hurt business.

By Megan Quinn • Aug. 4, 2022

Q2 earnings results for major waste and recycling companies

Catch up on the latest round of financial results from WM, Republic Services, Waste Connections, GFL Environmental, Casella Waste Systems, Clean Harbors and Stericycle.

Updated Aug. 10, 2022

Q2 recycling report: Commodity price peak may have subsided, MRF upgrades an ongoing priority

Follow the latest insights about market trends and investment priorities from executives at WM, Republic Services, Waste Connections, GFL Environmental and Casella Waste Systems.

By Cole Rosengren , Megan Quinn • Updated Aug. 5, 2022

Waste Connections expects to acquire at least $470M in revenue this year, pricing drives Q2 results

CEO Worthing Jackman previewed what he estimates will be “double-digit revenue growth in 2023” due to further M&A activity, solid waste pricing increases and revenues from E&P waste services. 

By Megan Quinn • Aug. 3, 2022

Clean Harbors says industrial reshoring is helping waste pipeline, reports Georgia acquisition

The environmental services company saw significant growth in its latest results, touting signs it thinks will continue in the months ahead. During their earnings call, executives also discussed capacity expansion, PFAS and ESG impacts.

By Cole Rosengren • Aug. 3, 2022

Rubicon on track to close $1.7B SPAC deal, go public this month following favorable shareholder vote

The Kentucky-based technology company is forecasting $736 million in revenue for the year, with big plans to expand organically and through acquisitions of other brokers once it finally goes public.

By Cole Rosengren • Updated Aug. 3, 2022

Casella hits $1B in annual revenue, updates guidance for second time this year

CEO John Casella attributed the “best quarter in company history” to pricing programs that covered cost inflation and growth from 11 acquisitions this year. Recycling and disposal capacity projects are also progressing.

By Megan Quinn • Aug. 1, 2022

GFL Environmental largely overcomes inflation through pricing and fuel charges, raises 2022 revenue guidance

Executives outlined ongoing efforts to recover direct fuel costs, similar to existing programs by major competitors, and shared an updated outlook on acquisition strategy given the inflationary environment.

By Cole Rosengren • July 28, 2022

WIN Waste Innovations buys Ohio hauler, creating platform for further regional expansion

Following WIN’s purchase of Waste Away Systems, CEO Robert Boucher says more Ohio acquisitions are likely as the Northeast company looks to expand its collection footprint and internalize volumes at two landfills in the state.

By Cole Rosengren • Updated July 28, 2022

Senate passes CHIPS bill, sparking hope microchip production will help waste equipment supply chain issues

The bill could strengthen availability of microchips, making it easier to source new trucks and equipment, supporters say. Language from a prior bill that would have banned e-scrap exports was not included.

By Megan Quinn • July 27, 2022

Oregon's EPR for packaging law committee begins detailed implementation process

Oregon DEQ’s rulemaking advisory committee is just part of the multi-year process to fully implement its EPR law, which also calls for changes to local recycling programs and standardizing recycling collection lists.  

By Megan Quinn • July 27, 2022

WM raises 2022 guidance, plans to restart notable M&A spending

CEO Jim Fish said during the company’s July 27 earnings call that even if an economic slowdown occurs, WM is well-positioned to gain market share. New investments in RNG projects and MRF automation are also progressing.

By Cole Rosengren • July 27, 2022

Connecticut's MIRA WTE facility finally closes, leaving many questions about regional capacity

The aging facility was handling 720,000 tons per year of waste, much of which is now getting landfilled. A legislative task force is assessing what comes next for the authority that operated it for decades.

By Cole Rosengren • July 27, 2022

Former Recology employee indicted for alleged San Francisco bribery, following prior charges

John Porter, formerly vice president and manager of the company’s San Francisco group, was previously charged for an alleged role in directing more than $1 million in benefits to a city official in exchange for favorable treatment.

By Cole Rosengren • Updated July 25, 2022

Houston under DOJ investigation for alleged environmental justice violations around illegal dumping

Latino and Black residents say the city ignored repeated calls to clean up illegal dumping in their area. The DOJ investigation is notable for its rare focus on a municipal solid waste department, but the city calls the accusations “baseless.”

By Megan Quinn • July 25, 2022

Nashville approves $13.5M in new collection contracts with Platform Waste, Waste Pro

The new contracts are the latest ripple effect from Red River’s service issues in recent months. They follow emergency contracts the city approved with WM and Waste Pro earlier this year.

By Cole Rosengren • July 22, 2022

Fueled by new Clairvest investment, Boston Carting has many plans for the 'hottest market in the country'

CEO Patsy Sperduto, along with investors from Ironwood Capital and Laurel Mountain Partners, talk about future development and acquisition plans for the fast-growing company following a recapitalization.

By Cole Rosengren • July 21, 2022

Republic Services reports on progress toward 2030 climate goals, restates emissions accounting

The company says it’s on track to reduce greenhouse gas emissions and boost recovery of certain “key materials,” with more electric vehicles on the way. It has also begun using an industry-created emissions standard.

By Cole Rosengren • Updated July 22, 2022

Gainesville, Florida, seeks to be Southeast leader with major EV deployment, zero-waste policies

The college town is aiming to be a regional leader when it comes to reuse, edible food recovery and other areas. An upcoming contract with GFL Environmental also calls for dozens of electric collection vehicles.

By Maria Rachal • July 19, 2022

Judge approves Red River Waste bankruptcy sale to Platform Capital

The private equity firm is expected to close on its purchase of the Texas-based hauler within weeks, following a protracted bankruptcy process and service issues for numerous local government customers.

By Cole Rosengren • July 18, 2022

HomeBiogas CEO sees 'a lot of room' for on-site organics recycling to compete in waste market

Oshik Efrati — co-founder of an Israeli company that has deployed digester units in more than 100 countries — outlines plans to target U.S. homeowners, multifamily complexes and commercial establishments.

By Cole Rosengren • July 15, 2022

EPA seeks feedback on environmental justice action plan, equitable use of infrastructure funds

At a virtual community meeting on Wednesday, participants urged the agency to approve recycling projects, funded with infrastructure grant money, that avoid creating further environmental harm to disadvantaged communities. 

By Megan Quinn • July 14, 2022

Allied Industrial Partners expects Waste Eliminator to be 'first of several' industry investments

The latest private equity firm to enter this space discusses its $150 million investment plans for the Atlanta-area company, plus its own aspirations for other waste and recycling transactions.

By Cole Rosengren • July 13, 2022

San Francisco Bay Area, inspiration for California’s organics law, offers recycling lessons and limitations

Organics recycling has been the norm in San Francisco, Oakland and other jurisdictions for years. Part 5 of our series explores how some are trying to elevate their diversion efforts with residual waste sorting and other strategies.

By Cole Rosengren • Updated July 12, 2022