Record month for Geminor in Italy

March 20, 2023
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In January, Geminor moved nearly 30,000 tons of waste for recycling and recovery in Italy. This is three times higher than in the same month last year.

The start of 2023 was a period of growth in terms of waste volumes for Geminor, and the Italian market stands out with a significant increase: In January 2022, the waste fractions handled in Italy totaled 9,847 tons. In January this year, the tonnage has tripled to 29,524 tons.

- This is a promising start to the year, and we are very happy to see such positive figures after months of hard work. Italy is becoming one of the most important export markets in Europe much faster than we had anticipated," says Kjetil Vikingstad, CEO of Geminor.

The increased demand for energy in Europe and Scandinavia this winter is the main reason for the increasing export of RDF and SRF from Italy. But it is also about good conditions, explains Vikingstad.

Managing Director Kjetil Vikingstad.

- The main challenge with new markets like Italy is the time-consuming process of finding solid industry partners and setting up efficient logistics solutions. "The result in January beats our predictions by over 20,000 tons, indicating that the efforts in Italy are already paying off," says Vikingstad.

Wide variations

In total, Geminor handled 178,906 tons of waste fractions in January. This is the highest monthly tonnage ever handled by the group.

- "We experience large variations in the different markets. When countries such as Norway, Denmark and Germany handle smaller volumes in January than in the same month last year, new markets such as Italy and Poland compensate with significant growth, which overall gives us a positive result," says Vikingstad.

- In a rapidly changing and uncertain market, it is difficult to predict the year ahead. But in total, we hope to reach well over 2 million tons of waste handled by the end of 2023," concludes Kjetil Vikingstad, CEO of Geminor.