Home > Analyse
Actualite financiere : Actualite bourse

Suez: waste recovery contract in Australia.

(CercleFinance.com) - Suez has announced that it has won a household waste treatment contract for the District of Northern Beaches, located in the Sydney metropolitan area, in Australia.

The 10-year contract, valued at approximately 130 million euros will begin on 1 July 2019.

The group will provide services to process and recover the 50,000 tonnes of municipal mixed solid waste and 4,000 tonnes of garden organic waste from the district's 260,000 inhabitants. The waste will be sent to be processed at the Eastern Creek Advanced Resource Recovery Facility.

The recovery of household waste in Northern Beaches will create a local loop of circular economy and support the municipality in its aim of recycling, 70% of waste by 2019, which to date has been sent to landfill.

Copyright (c) 2017 CercleFinance.com. All rights reserved.