This is very interesting.

 

Veolia Environnement sees strong growth in its toxic waste recycling business and will keep spending up to 100 million euros per year on plants to treat industrial solvents, old batteries and pharmaceutical waste.

 

Veolia forms partnerships with the chemical, pharmaceutical, automotive and other industries to collect and treat the waste and resell the recycled products as raw commodities or fuel.

 

The pricing structure is also very interesting. At the moment Veolia gets the waste at no charge, but expects in future to be paying for the waste received. That is a very, very interesting development in a market where waste generators typically pay for the disposal of their toxic waste.