The Stena Metall Group achieved a strong EBITDA of SEK 2,530 million for 2022/2023, investing in lithium-ion battery recycling facilities and sustainability initiatives. CEO Kristofer Sundsgård emphasized maintaining competitiveness through cost efficiency and strategic investments despite challenging market conditions.
Stena Metall has signed an agreement with Repono to sell 100 percent of the shares in BatteryLoop.
The Stena Metall Group's quarterly report for the fourth quarter and full year 2022/2023 is now published.
The Stena Metall Group's quarterly report for the third quarter 2022/2023 is now published.
The Stena Metall Group's quarterly report for the second quarter 2022/2023 is now published.
Stena Metall was awarded second place in the Employer of the Year category at the Brilliant Awards. This recognition highlights the company’s commitment to employee engagement and leadership, reflecting improved results from last year and strong organizational culture.
Stena Aluminium has partnered with the Polestar 0 project to develop a climate-neutral car by 2030, focusing on creating a recycled aluminium alloy with zero carbon emissions. Both companies aim to reduce carbon footprints throughout the supply chain.
The Stena Metall Group's quarterly report for the first quarter 2022/2023 is now published.
Stena Metall Group reported a strong financial year 2021/2022 with a profit before tax of SEK 2,470 million and net sales increasing by 54.3%. Amid global uncertainties, they focused on sustainability and innovation in recycling and circular business projects.
Stena Oil has contracted Genka Shipping to build a 2000 DWT methanol bunker tanker at Pendik Naval Shipyard, with delivery scheduled for June 8, 2023. The vessel enhances Stena's fleet, promoting lower carbon fuels and meeting environmental standards.
The Stena Metall Group's quarterly report for the fourth quarter and full year 2021/2022 is now public.
Stena Metall Group’s green bond has been recognized by Cicero as a best practice example in the global green bond market for its focus on resource management and circularity. The group aims to lead the transition to a circular economy.
As previously announced, Anders Jansson will step down from his position as President & CEO of Stena Metall AB at the end of the financial year on 1 September 2022 and will be succeeded by Kristofer Sundsgård.
AVR has partnered with HaloSep AB to assess the local recycling of hazardous flue gas treatment materials. This collaboration aims to enhance circularity by transforming waste into valuable resources, reducing environmental impact, and contributing to sustainability goals in energy and raw material recovery.
Stena Recycling Finland has acquired Encore Environmental Services to expand its service offerings and enhance its market presence in Finland's recycling sector, effectively doubling its business. The acquisition supports growth in circular economy services, with no immediate changes for existing customers.
The Stena Metall Group's quarterly report for the third quarter 2021/2022 is now public.
Stena Metall Group successfully issued its second “dark green” bond, raising SEK 1 billion for sustainable projects in recycling and circular economy. The bond attracted significant investor interest, underscoring the company's commitment to sustainability and strengthening its position in the Nordic bond market.
Stena Recycling commits all its companies to the Science Based Targets initiative to reduce climate impact, aiming to align with the Paris Agreement. They plan to achieve net zero by 2050, enhancing circular economy efforts across eight markets.
The Stena Metall Group's quarterly report for the second quarter 2021/2022 is now public.
Stena Metal International has received the Ecovadis Platinum Medal, awarded to the top 1% of evaluated companies for sustainability. This recognition, achieved for the second consecutive year, highlights SMI's commitment to sustainability across its operations and value chain.
