Global management of waste, recycling, waste – to – energy market is worth $1 trillion this year, and is expected to double by 2020. This growth feeds through population growth and environmental regulation all over the world. Currently only collected one – fourth of the 11 billion tons of waste and recycling at the global level. This has led to the creation of the growing need for proper waste disposal, which leads companies to develop capacity and technology for the disposal and recycling of waste.
Here we analyzed the three waste management companies to investigate what they are doing to take advantage of the market to improve waste.
Sailing on the Economic Outlook
Republic Services ( RSG ) is the development of recycling stations in the Dallas-Fort Worth and county resource recovery complex Lorain, Ohio, to increase its revenue from recycling. The development of recycling plants help to reduce the high cost to get rid of the landfill and generate revenue from recycled products. The two plants will be capable of processing 95,000 tons per year of recycled materials, in addition to the current capacity of 554 000 tons. These stations will help expand the company’s footprint into new markets and increasing capacity. It is expected to increase recycling revenues of $471900000 in the past year to $530.2 million in the next year, this increase in size.
The recent recovery of the housing market in the United States to help the Republic of collection and disposal of municipal solid waste additional, or MSW, and size. The U.S. economy is expected to request from 1200000-1500000 housing units this year, an increase of 12 % from last year.
According to company sources, is expected to increase building homes to pay for waste collection size. Will benefit from the activity of the Republic building homes through human exclusive collection of solid waste in large cities such as Las Vegas, Nevada, Anaheim, California, Arlington, Texas, and other key markets. This increase in the size of the company’s net profit disk.