Cleanaway Waste Management has posted strong profit growth as its waste management services grow and the company reaps the benefits of its Blueprint 2030 restructuring platform. The company reported underlying EBIT profit of $173.9 million, up 25.7 percent on the previous corresponding period on revenue up 7.9 percent to $1.59 billion for the first half,…
Mineral processing technology company Zeotech is to proceed to an infield validation trial of its methane emissions control technologye at one of Cleanaway Waste Management’s landfills. Developed at Griffith University, the technology has achieved ‘very promising results’ during testing according to Zeotech. The test programme aims to develop zeolite-based technology (biofilter) to be deployed within…
Bega focus on strategy in challenging year Australian owned and led food manufacturer Bega Cheese has continued its strategy to move away from commodity sales to its iconic brands paid dividends in the second half of FY23 following farm gate milk price rises and other cost increases in the first quarter. Conditions saw the company…
Cleanaway Waste Management will acquire waste cooking oil collector and preprocessor Australian Eco Oils for $39 million. In FY24 the oils business is expected to generate annualised EBITDA profit of around $6 million. Operating throughout NSW, Queensland and Victoria, the company operates under the Scanline brand, and claims the most advanced collection technology, including containers,…
