Waste Harmonics Acquires Contelligent
Waste Harmonics, a national managed waste service pro- vider based in Rochester, New York, has acquired Contelli- gent, an intelligent container monitoring solutions and ana- lytics company based in Chicago, Illinois. The company says with the acquisition, it will expand the breadth of its service offerings like iWaste, a cloud-based dashboard that provides real-time fullness status, activity data and equipment health services. Waste Harmonics is adding more than 10,000 devices to its network in the United States and Canada. It now has customers in Israel, Portugal, the United Kingdom, Austra- lia, India, Asia and Europe. In the next 18 months, tens of thousands of Waste Harmonics’ iWaste and Contelligent’s collective devices will be deployed in various industries in- ternationally, the company said. Ravago Acquires Stake In Alterra Energy Luxembourg-based Ravago, a polymer recycling and distri- bution company, has acquired an equity interest in Alterra Energy, headquartered in Akron, Ohio.The companies plan to combine forces to provide integrated recycling solutions that support the transition toward decarbonization, decreas- ing virgin fossil resource dependency and increasing circu- larity for petrochemical and chemical partners.Additionally, Ravago will be a strategic partner in supplying preprocessed plastic scrap to Alterra Energy’s Akron plant. Alterra Energy said its Akron plant, which was commis- sioned last year, can liquefy up to 60 tons per day of mixed plastic scrap for use as a feedstock for the manufacturing of plastics and chemicals. This is the second strategic partnership this year for Alter- ra Energy. In January, the company announced that Neste, a provider of renewable diesel and sustainable aviation fuel that also helps deliver drop-in renewable and circular chem- ical solutions, acquired a minority stake in the company. Alterra Energy, which has developed and commercialized a continuous, advanced recycling technology that uses py- rolysis to transform end-of-life plastics into petrochemical feedstock, will process the Ravago-supplied plastic scrap into ISCC PLUS certified material. Alterra will then market this material for further refining and conversion into circu- lar building blocks for the plastics and chemicals producing industry. Ravago represents more than 6.6 million metric tons of an- nual polymer sales, serving more than 50,000 active custom- ers through more than 325 locations across more than 55 countries worldwide. Ravago’s production capability con- sists of more than 45 manufacturing facilities, 19 of which are recycling and compounding plants in North America, Europe,Asia and Africa with a combined annual capacity of more than 775,000 metric tons; 13 of which are production plants in Europe that offer finished product solutions for the building sector; and seven of which are chemicals plants and 6 are application laboratories for its chemicals business.
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Recycling Markets August 2, 2021 3
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