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FIRST OF ITS KIND VESSEL COLLECTS, TREATS AND REPURPOSES FLOATING PLASTIC DEBRIS
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The SeaCleaners have developed the Manta, a first-of-its-kind processing ship designed to collect, treat and repurpose large volumes of floating plastic debris. The Manta extracts both floating macro-waste and smaller debris, from 10 mm upward and up to 1 m deep, from highly polluted waters, along coasts, in estuaries and in the mouths of large rivers. Depending on the density and closeness of the layers of waste, the Manta can collect between 1 to 3 tonnes of waste per hour, with the objective of collecting 5 to 10,000 tonnes per year. It can operate for up to 20 hours a day, 7 days a week, and uses onboard waste-to-energy technology to convert the collected plastics into fuel to power the ship. The Manta will also host other scientific missions on board, and when in port will hold educational and learning conferences for the general public.
GFL ACQUISITION OF TERRAPURE FOR $743.8 MILLION EXCLUDES BATTERY RECYCLING OPERATIONS GFL Environmental has closed the previously announced acquisition of the solid waste and environmental solutions business of Terrapure Environmental and its subsidiaries. For an aggregate purchase price of $743.8 million, the acquisition includes all Terrapure assets, excluding the company’s battery recycling business. “Terrapure brings a high-quality, complementary network of assets and customer base to our existing solid and liquid waste operations and expands our service offerings in several regional markets,” said Patrick Dovigi, founder and chief executive officer of GFL. “This strategically located network of assets and Terrapure’s strong operating margins are expected to be immediately accretive to free cash flow and provide opportunities for us to continue to pursue our growth strategy.” In March 2021, GFL Environmental entered into a definitive agreement to acquire the solid waste and environmental solutions business of Terrapure for C$927.5 million.
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recyclingproductnews.com | SEPTEMBER 2021
