">
TechMoran
  • About Us
  • Deals
  • Jobs
  • Motoring
    • Money
  • Pitch Your Startup
  • Submit Your Post
  • Freelance Gigs
  • Travel
  • Men’s Corner
  • Dating
Saturday, January 23, 2021
  • Startups
  • Reviews
  • Insider
    • Obituaries
  • Business
  • Women
  • Blockchain
  • Columnists
  • Hacks & Facts
    • How To
  • Editions
    • US Edition
    • India Edition
    • MENA Edition
    • Asia Edition
    • Europe Edition
    • International Edition
No Result
View All Result
TechMoran
">
Home Business

Why Is Waste Management Becoming A Big Business?

Intizar Ali by Intizar Ali
6 months ago
in Business
9 min read
0

According to investment experts, investment in waste management stock looks like a good opportunity today. You would be surprised to know the stocks of a leading waste management company like Macquarie Infrastructure Partners may skyrocket 68% in the last two years while stocks of leading electronic major companies like Apple Inc. which is always surrounded by hype, grew 78%.

Why Is Waste Management Business Crucial for Our Economy?

Recycling and trash have become integral parts of the modern way of living. It is expected to stay this way for many more years to come. The waste management business might not invoke interest like technology companies, but investors know these companies are an essential part of our economy. 

The growth in the shares of waste management companies comes as a surprise to many as these companies are not involved in making innovative products. Instead, the company is involved in processing waste generated by companies producing hi-tech gadgets. 

Every country generated tons of garbage on a daily basis. It includes organic and inorganic waste. Segregation of the trash before disposal is not a layman task. The waste management companies used advanced methodologies to do this work effortlessly. 

Taking the waste and converting it into a usable product is good for our environment. As the world population rises, the garbage generated will also increase. It provides a golden opportunity for venturing into waste management, which assures good revenue generation due to higher demand. Besides generating revenue, waste management also brings positive outcomes for society, which is looked at as an added advantage. 

READ  Standard Chartered Bank launches Visa Infinite credit card for high net-worth customers

Waste Management Industry Highlights

Related posts

Customer Service Lessons From Leading Brands Including CarGuard’s Trevor Smith

January 21, 2021
0

Mastercard, Unilever & KCB Bank to pump over $150,000 into SMEs in Kenya via their Jaza Duka program

January 18, 2021
0

Cellulant Group CEO Ken Njoroge to step down in June

January 14, 2021
0

The Fool-Proof Strategy For Business Owners To Find The Perfect Office Space

January 13, 2021
0

Do you know the Macquarie Infrastructure Partners sold their waste management company for a record $1.2 billion? There is no doubt waste management companies are getting so much importance in today’s world.

The waste management sector in the United States is huge. The country generates around 250 million tons of residential trash and garbage every year.The figure mentioned here only includes half of the non-hazardous trash generated by the US. Industrial waste accounts for 45% of the non-hazardous waste, thereby pushing the $52 billion waste management industry to process half a billion tons of waste each year.

Rise of Waste Management Businesses

WCA Waste Corporation

If you look at the portfolio of WCA Waste Corporation listed for sale by Macquarie infrastructure partners, you can see the company expanded its focus in bringing in sustainability measures like introducing CNG powered vehicles in the fleet. The company also sought initiatives in leachate management or ground contamination. 

The company provided waste collection, disposal, recycling, and transfer services across 11 states in the South of the US. The company went private and strategically sold several non-core assets while completing more than 35 acquisitions significant for its core business of waste management.

READ  JUMIA Nigeria Expands To Kano On Its Second Birthday

WCA is one of the leading waste management companies in the US, serving more than 700,000 customers. The company gained popularity for offering safer, efficient, and environmentally sustainable solutions to its customers.

GFL Environmental

GFL Environmental is a leading waste management company based in Canada. The company went public in Toronto and New York. However,  the lack of investor enthusiasm led to the re-pricing of IPO below the initial target range. Despite a slump beginning at the stock market, the company went ahead to post record second-quarter revenues. GFL was able to achieve this growth despite a decline in commercial waste collection in the period of Covid-19 lockdown. 

The company announced the acquisition of a waste management company serving ten states in the US. GFL was able to clinch the deal from the two biggest competitors in the US market – Advanced Disposal Services and Waste Management.

To sum up, the sale of WCA for a record $1.2 billion indicates the importance of waste management companies in our economy. The deal has invoked the interests of investors towards a new portfolio that was ignored until now. 

Readers 240

Share

  • Click to share on Telegram (Opens in new window)
  • More
  • Click to share on Tumblr (Opens in new window)
  • Click to print (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on Reddit (Opens in new window)
  • Click to share on Pocket (Opens in new window)

Like this:

Like Loading...

Related

Intizar Ali

Intizar Ali

Contact us at [email protected]

Related Posts

Business

Customer Service Lessons From Leading Brands Including CarGuard’s Trevor Smith

January 21, 2021
0
Business

Mastercard, Unilever & KCB Bank to pump over $150,000 into SMEs in Kenya via their Jaza Duka program

January 18, 2021
0
Business

Cellulant Group CEO Ken Njoroge to step down in June

January 14, 2021
0
Business

The Fool-Proof Strategy For Business Owners To Find The Perfect Office Space

January 13, 2021
0
Business

UAP Old Mutual launches digital last expense cover for as low as Ksh 50

January 13, 2021
0
Business

How to Use Podcasts and Online Information to Enhance Ventures

January 6, 2021
0
Business

Equity Group crosses the trillion-shilling balance sheet milestone

December 23, 2020
0
Business

Econet Group’s Strive Masiyiwa Appointed to Netflix Board of Directors

December 17, 2020
0

https://bit.ly/2VOxuoBhttps://bit.ly/2VOxuoBhttps://bit.ly/2VOxuoB
ADVERTISEMENT

Join our Mailing List

Loading

Recent Posts

Toshiba

Chrome Now Helps You Change Weak Passwords

January 23, 2021
Toshiba

Shoppable Ad Formats Are Coming Soon To Youtube

January 23, 2021

Top 5 Skills That Modern Software Developers Need to Have

January 22, 2021

Why Bernie Sanders Is A Trending Meme

January 22, 2021

What Software Developers Need to Know About Burnout

January 22, 2021
">
">

Follow Us

">

There are many sites out there focused on blowing off some steam, from funny entertainment to thrilling experiences like playing online, in some cases online gaming could grant you the chance to win extra money. We came across rocketpot.io while browsing for a good btc casino online and it left us a very good impression with their wide variety of games and crypto offering.

Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
To find out more, including how to control cookies, see here: Cookie Policy

© 2019 Moran Media Group - All rights reserved TechMoran.

No Result
View All Result
  • Startups
  • Reviews
  • Insider
    • Obituaries
  • Business
  • Women
  • Blockchain
  • Columnists
  • Hacks & Facts
    • How To
  • Editions
    • US Edition
    • India Edition
    • MENA Edition
    • Asia Edition
    • Europe Edition
    • International Edition

© 2019 Moran Media Group - All rights reserved TechMoran.

Login to your account below

Forgotten Password? Sign Up

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
%d bloggers like this: