OVERVIEW
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¤ Invest in optimising our commercial effectiveness to take advantage of market opportunities; and
¤ Power: gas from the landfills, Icopower pellets, SRF for cement kilns or high energy generating incineration.
¤ Streamline the portfolio to increase returns.
Recycling rates for the division are over 75% and over 95% for the C&D businesses. The Benelux Division also has a minority share, along with other leading waste companies, in an incinerator in Wallonia.
These aims will continue under the new organisation structure and will be enhanced by the addition of our organics assets in the Netherlands to create the new Commercial Division. Our businesses will be managed separately in Belgium and the Netherlands, but will work together closely to preserve synergies. The new organisation will also provide a fuller range of products to its customers at lower cost.
Strategy The core strategy of the Benelux Solid Waste Division was to:
FINANCIAL STATEMENTS
¤ Return the division to attractive profitability levels;
SOLID WASTE BUSINESS MODEL SORT
PRODUCE
Sorting lines
Trommels
Magnets
Optical sorters
Shredders
Crushers
DISPOSE
Balers
Incineration
Industrial & Commercial Construction & Demolition Municipal
Pelletisers
RECYCLATES
CUSTOMERS PAY US TO TAKE WASTE THAT THEY CANNOT PROCESS
Paper
Glass
Plastic
Metal
Composters
Landfill
PRODUCTS
Solid recovered fuel
Compost
Aggregate
Wood chips
Icopower pellets
CUSTOMERS PURCHASE OUR PRODUCTS
WE MINIMISE OUR RESIDUAL SPEND
ADDITIONAL INFORMATION
COLLECT OR RECEIVE
GOVERNANCE
¤ Industrial products: rubble, aggregate, compost, building materials.
STRATEGIC REPORT
¤ Drive cost efficiency through the completion of the structural cost programme together with procurement and continuous improvement initiatives;
¤ Recyclates (commodities): ferrous and non-ferrous metals, glass, plastics, cardboard, paper, wood chips.
along with manual sorting lines. In Gent, solid recovered fuel (SRF) is being produced to create a clean fuel for incinerators or cement kilns. C&D waste passes through heavier duty processes, including stone crushers to produce rubble. Our Icova site further processes specifically collected (dry) commercial waste into high calorific Icopower pellets which can be used in power stations or cement plants. Shanks also operates businesses that focus on mono-streams, such as glass (Van Tuijl), wood (Shanks Wood Products) and paper, or cardboard (Kluivers). The Hook of Holland facility serves the local horticultural market with composting of green waste and the treatment of rockwool, in which flowers and vegetables are grown. The division also operates a small Hazardous Waste business in Belgium, one landfill in each country and a sand quarry in Belgium. The key products are as follows: