Industrial waste management company Tradebe has acquired packaged solvents distributor Solvents with Safety Ltd (SWS) and oil and gas disposal service firm Scotoil Services Ltd for undisclosed sums.
The SWS acquisition was made by Tradebe to ‘enhance [its] presence within the European solvent market’, whilst Scotoil was bought in the hopes of ‘increasing offerings to the oil and gas industry’.
SWS has operating facilities in Harworth, Doncaster and employs 35 people. Scotoil is based in Aberdeen Harbour and employs 54 people.
The UK branch of Tradebe produces revenues in excess of £100 million, utilising 27 operating facilities and employing 825 people.
Tradebe also has branches in Spain and the US, with subsidiaries in France and Brazil.
Find out more about Tradebe.
Get our weekly digest
resource.co article ai
How will the government and DMOs address the challenges of including glass in DRS while ensuring a level playing field across the UK?
There's no easy solution to include glass in the DRS while maintaining a level playing field. Potential approaches include a phased introduction of glass, potentially with higher deposits to reflect its logistical challenges. The government and DMOs could incentivise innovation in glass packaging design and subsidise dedicated return points for glass-handling. Exemptions for smaller businesses unable to handle glass might also be necessary. Any successful solution will likely blend several approaches. It must address the differing priorities of devolved administrations, balance environmental benefits with logistical and cost implications, and be supported by robust consumer education campaigns emphasizing the importance of glass recycling.