Veolia, through its subsidiary Veolia North America, recently announced that it has signed an agreement to take over Alcoa USA Corporation’s Hazardous Waste Treatment Site located in Gum Springs, Arkansas (USA). With this operation, Veolia continues the global expansion of its hazardous waste treatment and recycling activity, with a step further in North America, and adds a flagship site to its existing portfolio.
The facility, located on a 1,350 acre site, currently employs 70 people. The Gum Springs facility has traditionally treated spent pot liner, a hazardous waste byproduct of the aluminum production process, for the North American smelter industry. As part of its global growth strategy in difficult-to-treat pollutants, Veolia will be looking at expanding the type of waste, as well as volume, handled at the site, as it is already permitted for the treatment and final disposal of nearly all categories of liquid and solid hazardous waste. While remaining a key service provider to Alcoa through a multi-year dedicated agreement, the facility will also be expanding its services to customers throughout North America.
Veolia treats and recycles around 6 million tons of hazardous waste – over 100.000 industrial, commercial or household clients, and employs 8,000 who operate a comprehensive network of more than 140 facilities on five continents.
In Europe, Veolia operates the two biggest hazardous waste treatment sites of the continent. In North America, Veolia’s hazardous waste operations notably support a number of industries The company notably operates four major incineration facilities on two sites in Texas and Illinois.
This transaction is valued at USD 250 million and closing is expected in the first quarter of 2020.