Suez awarded five waste contracts worth €100m across Europe

New-wasteFrench environmental services firm Suez announced it has strengthened its recycling & recovery activities in Europe with the award and renewal of five contracts worth some 100 million in total revenues. Two of the contracts involve municipal waste management in Germany. The company said that the Waste Management Association of Chemnitz (Land of Saxony) organised an intensive European tender and chose Suez for the treatment and recycling of pre-treated municipal waste produced by 580,000 inhabitants. This five year contract which is said to be worth more than 20 million will start in June 2020, as per the press release.

The Group has also renewed the tender for the collection and the transport of household, commercial and bulky waste in the district of Karlsruhe (Land of Baden-Wuerttemberg) with 436,000 inhabitants. This new agreement will run for a further 8 years from 2019, with a possible extension to 10 years.

In the Netherlands, the company has secured three contracts for the management of household and hazardous waste. In this country, Afvalverwijdering Utrecht (AVU) waste management organisation has selected Suez for the collection of municipal waste of six municipalities located in the province of Utrecht. This four year contract will serve approximately 75,000 households with consolidated revenues of around 21 million and the service will be mainly provided by LNG-powered vehicles, said Suez.

The Group said it will also guarantee the disposal and the transport of 62,000 tonnes of residual waste in energy from waste facilities for Cyclus, representing eight municipalities located in the province of South Holland. As of January 2019, it will intervene for four years and consolidated revenues of around 24 million. In addition, Suez has won a new remediation contract from a construction site for a section of highway in Rotterdam, worth around 12 million.