Veolia today announced actions to expand its hazardous waste treatment and disposal business in North America through investment, acquisitions and capacity expansion. The company announced c.$350 million (€300m) in global investments worldwide, including three new U.S. acquisitions in Massachusetts and California and reaffirmed plans to expand existing facilities. These acquisitions expand Veolia in Texas, with new facilities in Dallas, Houston, and San Marcos.
As reshoring drives the growth of US manufacturing industries and medical technologies continue to advance, hazardous waste treatment and disposal capacity must anticipate this demand. Veolia’s global leadership in hazardous waste management allows the company to meet these needs, ensure environmental security for communities, and provide safe, proven solutions for industrial hazardous waste.
In California, the company has acquired Ingenium, a leading waste management service firm specializing in packaging, transportation, recycling and disposal of hazardous, non-hazardous, biological, universal and radioactive waste. This builds on a prior strategic partnership between the two companies to lock in guaranteed high-temperature treatment capacity for customers at Veolia incinerators. Ingenium’s current facilities in Texas will become new Veolia plants, bringing the company’s leadership and expertise to the state.
Bob Cappadona, President and Chief Executive Officer of Veolia’s North American Environmental Solutions and Services business said: “Our team is proud to be at the forefront of Veolia’s plans to lead the hazardous waste industry, by investing in growth, expanded capacity and new environmental technologies. The teams at New England Disposal Technologies, New England MedWaste and Ingenium are outstanding performers and are aligned with our GreenUp strategy, our purpose-driven and our customer-centric approach. Together we are positioned to make a real difference for the industry and the planet.”
Estelle Brachlianoff, CEO of Veolia said this week during a thematic event on the subject of hazardous waste organized in northern France at one of the largest high-temperature incinerators in Europe: “Hazardous waste treatment is becoming a strategic bottleneck for many industries, especially those undergoing transformation or reshoring production, it’s also an essential topic for human health and ensuring environmental security. By reinforcing our footprint through both organic investment and acquisition, we are positioning Veolia to remain ahead of the curve. Our global presence, the combination of our expertise, innovative technologies, and ability to scale rapidly enable us to deliver tailored, high-value-added services, while accelerating time-to-market for innovative waste treatment solutions.”
