Sims Metal Management

Greenwave Technology Solutions' Second Shredder Currently Being Connected to Power Grid by Dominion Energy Ahead of Schedule

Retrieved on: 
Monday, March 25, 2024
The Company, Steel, Dominion Energy, Acquisition, Sims Metal Management

CHESAPEAKE, Va., March 25, 2024 /PRNewswire/ -- Greenwave Technology Solutions, Inc. ("Greenwave" or the "Company") (Nasdaq: GWAV), a leading operator of metal recycling facilities in Virginia, North Carolina, and Ohio, today announced that Dominion Energy is currently in the process of connecting its second automotive shredder to the power grid which is expected to be completed by March 29, 2024. The Company's second automotive shredder is expected to commence operations shortly thereafter and double Greenwave's annual shredded ferrous output.

Key Points: 
  • The Company's second automotive shredder is expected to commence operations shortly thereafter and double Greenwave's annual shredded ferrous output.
  • Greenwave's existing automotive shredder – an American Pulverizer 60x85 – is the same make and model as its second one, providing the Company expertise in its operation and maintenance.
  • By shredding the steel Greenwave currently sells unshredded, the Company anticipates that it will be able to generate approximately 25-30% more revenue with significant margins on that steel volume.
  • Greenwave is on track to grow it revenues and volume of steel processed from 2023 levels in 2024.

Sims Metal among 370+ exhibitors at the Resource & Waste Management Expo

Retrieved on: 
Tuesday, September 12, 2023
Environment, Steel, Environmental Policy, Environmental Issues, Environmental Health, Manufacturing, Sustainability, Green Technology, Recycling, Metal, Waste management, RWM, Multimedia, Carbon, Ecosystem, Resource, Sims Metal Management, NEC, Mobile phone, Expo

Sims Metal , a global leader in metal recycling, today announced that the company will be joining a list of more than 370 exhibitors at the Resource & Waste Management Expo (RWM) , a part of Environmental Services & Solutions Expo , 13-14 September 2023.

Key Points: 
  • Sims Metal , a global leader in metal recycling, today announced that the company will be joining a list of more than 370 exhibitors at the Resource & Waste Management Expo (RWM) , a part of Environmental Services & Solutions Expo , 13-14 September 2023.
  • For more than 100 years, Sims Metal has helped businesses that generate obsolete industrial metal accomplish their carbon reduction targets, reduce their environmental impact, and achieve their corporate responsibility goals.
  • “We are excited to exhibit at RWM for the second consecutive year and speak with attendees about all the metal recycling solutions we can provide for the waste management industry,” said Peter Lunn, UK business development manager, at Sims Metal.
  • For more information on Sims Metal and its metal recycling solutions, visit www.simsmm.co.uk .

Sims Metal Acquires Baltimore Scrap Corp

Retrieved on: 
Tuesday, August 15, 2023
Recycling, Other Manufacturing, Environment, Manufacturing, Sims Metal Management, BSC, Metal, EV, Acquisition, Northeastern United States, Sims, Mobile phone

Sims Metal , a global leader in metal recycling, today announced the company has agreed to acquire the assets of United States-based metal recycler, Baltimore Scrap Corp (BSC) and its affiliated entities.

Key Points: 
  • Sims Metal , a global leader in metal recycling, today announced the company has agreed to acquire the assets of United States-based metal recycler, Baltimore Scrap Corp (BSC) and its affiliated entities.
  • “Baltimore Scrap Corp is a company we have admired for many years.
  • “This acquisition is a highly complementary fit with our strategy to expand the metal recycling business in North America and increase our diversity of sales channels to growing US domestic demand for ferrous and non-ferrous scrap metal.
  • I welcome the Baltimore Scrap Corp team and their group of affliates to the Sims family.”
    Stephen Mikkelsen, chief financial officer of Sims Limited, added, “The BSC acquisition is another example of our capital recycling strategy.

Sims Metal Among 340+ Exhibitors During Manufacturing + Engineering Week 2023

Retrieved on: 
Friday, June 2, 2023
Other Energy, Environment, Other Manufacturing, Energy, Recycling, Environmental Issues, Green Technology, Manufacturing, Sims Metal Management, National Exhibition Centre, Carbon, Metal, Multimedia, NEC, Engineering, Design, Mobile phone

Sims Metal , a global leader in metal recycling, today announced that it will be joining a list of more than 340 exhibitors at Design + Engineering Expo during Manufacturing + Engineering Week , June 7-8 at NEC Birmingham.

Key Points: 
  • Sims Metal , a global leader in metal recycling, today announced that it will be joining a list of more than 340 exhibitors at Design + Engineering Expo during Manufacturing + Engineering Week , June 7-8 at NEC Birmingham.
  • View the full release here: https://www.businesswire.com/news/home/20230602005250/en/
    Peter Lunn in the Sims Metal booth at a recent trade show (Photo: Business Wire)
    The Design + Engineering Expo, which is a part of Manufacturing + Engineering Week, is an event covering all stages of the product lifecycle for industrial professionals to learn and explore the latest innovations.
  • Manufacturing + Engineering Week usually attracts in excess of 8,000 attendees from around the region.
  • For more information on Sims Metal and its metal recycling solutions, visit www.simsmm.co.uk .

Sims Metal Statement Regarding Favona Facility Fire

Retrieved on: 
Wednesday, May 31, 2023
Recycling, Other Energy, Environment, Alternative Energy, Environmental Issues, Green Technology, Energy, Sims Metal Management, Metal, Recurrence, Fire and Emergency New Zealand, FENZ, Mobile phone

Sims Metal , a global leader in metal recycling, today issued the following statement regarding the fire at its Favona facility in Auckland, New Zealand.

Key Points: 
  • Sims Metal , a global leader in metal recycling, today issued the following statement regarding the fire at its Favona facility in Auckland, New Zealand.
  • “At approximately 12.00 am on Wednesday, 31 May, we experienced a fire in a pile of post-consumer material that was waiting to be processed at our facility in Favona.
  • Fire and Emergency New Zealand (FENZ) was contacted and responded quickly to our location.
  • Our team are working alongside FENZ to reduce the size of the pile and expose the material, enabling FENZ to successfully extinguish the fire.”
    “While FENZ and our local team are making progress in this regard, due to the size of the pile we expect that it will take some time to fully extinguish the fire.

SIMS METAL ACQUIRES NORTHEAST METAL TRADERS

Retrieved on: 
Wednesday, March 22, 2023
Sims Metal Management, Acquisition, Recycling, IRR, Mobile phone

NEW YORK, March 21, 2023 /PRNewswire/ -- Sims Metal , a global leader in metal recycling, today announced that the company will acquire the commercial and operating assets of Pennsylvania-based Northeast Metal Traders (NEMT).

Key Points: 
  • NEW YORK, March 21, 2023 /PRNewswire/ -- Sims Metal , a global leader in metal recycling, today announced that the company will acquire the commercial and operating assets of Pennsylvania-based Northeast Metal Traders (NEMT).
  • Disciplined capital allocation remains a focus for the business, and Sims Metal intends to fund this acquisition through recycling surplus and/or underperforming capital.
  • "We are very excited about this bolt-on acquisition and the opportunities it opens up for the Sims Metal North America business," said Alistair Field, managing director and chief executive officer of Sims Limited.
  • This acquisition will substantially increase the copper volumes in the metal business, as the Northeast focuses predominantly on high-quality copper granulation.

SIMS METAL ACQUIRES NORTHEAST METAL TRADERS

Retrieved on: 
Wednesday, March 22, 2023
Sims Metal Management, Acquisition, Recycling, IRR, Mobile phone

NEW YORK, March 21, 2023 /PRNewswire/ -- Sims Metal , a global leader in metal recycling, today announced that the company will acquire the commercial and operating assets of Pennsylvania-based Northeast Metal Traders (NEMT).

Key Points: 
  • NEW YORK, March 21, 2023 /PRNewswire/ -- Sims Metal , a global leader in metal recycling, today announced that the company will acquire the commercial and operating assets of Pennsylvania-based Northeast Metal Traders (NEMT).
  • Disciplined capital allocation remains a focus for the business, and Sims Metal intends to fund this acquisition through recycling surplus and/or underperforming capital.
  • "We are very excited about this bolt-on acquisition and the opportunities it opens up for the Sims Metal North America business," said Alistair Field, managing director and chief executive officer of Sims Limited.
  • This acquisition will substantially increase the copper volumes in the metal business, as the Northeast focuses predominantly on high-quality copper granulation.

Sims Limited Pledges to Achieve Gender Balance in Executive Leadership by 2030

Retrieved on: 
Monday, December 5, 2022
Australian Securities Exchange, Female, ASX, USOTC, American depositary receipt, Woman, Sims Metal Management, HESTA, Workplace Gender Equality Agency, Management, Toy, Mobile phone

SYDNEY, Dec. 5, 2022 /PRNewswire/ -- Sims Limited, a global leader in sustainability and an enabler of the circular economy, today announced its support for industry super fund HESTA's 40:40 Vision to increase the proportion of women in senior leadership across Australia's largest listed companies to at least 40 percent by 2030.

Key Points: 
  • By signing up to 40:40 Vision, Sims Limited is pledging its commitment to achieve gender balance by 2030 and putting diversity targets and plans in place to drive and embed this change across the company.
  • This will include:
    Pledging to achieve gender balance ( 40:40:20 ) in executive leadership by 2030;
    Declaring medium and long term gender targets;
    Making plans public to employees, shareholders, investors and the wider business community; and
    Reporting annually on how they are tracking against targets.
  • "Sims Limitedrecognises, and has been committed to, the business and social importance of achieving gender diversity," said Alistair Field, CEO and managing director at Sims Limited.
  • "In fiscal year 2022, we met our goal to have 25 percent of our female employees in executive and senior leadership roles two years earlier than initially anticipated and achieve gender balance on our Board of Directors.

Sims Limited Pledges to Achieve Gender Balance in Executive Leadership by 2030

Retrieved on: 
Monday, December 5, 2022
Australian Securities Exchange, Female, ASX, USOTC, American depositary receipt, Woman, Sims Metal Management, HESTA, Workplace Gender Equality Agency, Management, Toy, Mobile phone

SYDNEY, Dec. 4, 2022 /PRNewswire/ -- Sims Limited, a global leader in sustainability and an enabler of the circular economy, today announced its support for industry super fund HESTA's 40:40 Vision to increase the proportion of women in senior leadership across Australia's largest listed companies to at least 40 percent by 2030.

Key Points: 
  • By signing up to 40:40 Vision, Sims Limited is pledging its commitment to achieve gender balance by 2030 and putting diversity targets and plans in place to drive and embed this change across the company.
  • This will include:
    Pledging to achieve gender balance ( 40:40:20 ) in executive leadership by 2030;
    Declaring medium and long term gender targets;
    Making plans public to employees, shareholders, investors and the wider business community; and
    Reporting annually on how they are tracking against targets.
  • "Sims Limitedrecognises, and has been committed to, the business and social importance of achieving gender diversity," said Alistair Field, CEO and managing director at Sims Limited.
  • "In fiscal year 2022, we met our goal to have 25 percent of our female employees in executive and senior leadership roles two years earlier than initially anticipated and achieve gender balance on our Board of Directors.

Sims Metal Receives Construction Permit Approval from the Illinois Environmental Protection Agency

Retrieved on: 
Friday, September 16, 2022
City, Sims Metal Management, United Kingdom, Multimedia, Illinois Environmental Protection Agency, Industry, Mobile phone

CHICAGO, Sept. 16, 2022 /PRNewswire/ -- Sims Metal , a global leader in metal recycling, today issued the following statement regarding the Illinois Environmental Protection Agency's approval to issue a construction permit to the company for its proposed advanced emission control systems.

Key Points: 
  • CHICAGO, Sept. 16, 2022 /PRNewswire/ -- Sims Metal , a global leader in metal recycling, today issued the following statement regarding the Illinois Environmental Protection Agency's approval to issue a construction permit to the company for its proposed advanced emission control systems.
  • "We are pleased that after a very thorough due diligence process that the Illinois Environmental Protection Agency has now endorsed Sims Metal's plan to enclose our metal shredder at all emission points and add state-of-the-art advanced emission controls by approving our request for a construction permit," said John Glyde, Sims Metal's global chief operating officer.
  • Founded in Sydney, Australia, in 1917, Sims Metal, has grown from being an Australian-centric company to one of the most significant metal recycling companies in the world.
  • Each year, Sims Metal recycles approximately 10 million tonnes of metal across its global operations.