Previously, the wind power industry’s major challenge was that wind turbine blades were not recyclable. Now, Stena Recycling in Denmark and Stena Recycling’s Research & Development department, together with Vestas, have developed a recycling system and reached the testing phase in the project - an important step toward using the recycling method on an industrial scale.
Stena Recycling is significantly investing in electric vehicle battery management, having allocated over SEK 500 million. With a shift toward battery reuse, the company aims to capitalize on a projected SEK 260 billion market, enhancing its competitive edge in Europe.
Stena Recycling Finland has agreed to sell its pallet business to Lassila & Tikanoja, pending regulatory approval. This divestment aims to streamline operations and focus on core recycling services, following the acquisition of Encore Ympäristöpalvelut in 2022.
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.
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.
Stena Recycling is divesting its German refrigerator recycling business to Quantum Capital Partners to focus on battery recycling operations. CEO Kristofer Sundsgård emphasizes Germany's importance for growth due to its automotive sector, planning significant battery recycling expansion in the future.
The Stena Nordic Recycling Center took the Waste Processor of the Year award (Årets avfallsbehandlare) at the Recycling Gala, held at Berns in Stockholm on January 25th.
Stena acquired IL Recycling AB in 2016 and, after a transition process, the company will become part of Stena Recycling AB on March 1. This strengthens the company's position as a provider of total recycling services in Sweden.
There was no mistaking the party atmosphere at the inauguration of the Stena Nordic Recycling Center, the Stena Metall Group's largest industrial investment, on October 26. The event was a great success, with around 450 guests getting to experience our state-of-the-art recycling facility, including the 95 percent recycling rate we achieve for end-of-life vehicles.
October 26 will be the grand opening of Stena Nordic Recycling Center in Halmstad. A recycling facility the size of 80 soccer pitches with modern and efficient processes, making it possible to recycle more material, primarily metals, in a sustainable way from industry, households and society in general.
