Covanta Energy, Steinert US Announce Alliance

The agreement will support the implementation of new nonferrous systems at many Covanta facilities that do not currently have such systems and enhance the company’s From left: Covanta Americas President Seth Myones and Steinert US President Jason Looman after signing an agreement forming a strategic alliance between the two companiesexisting systems.

The agreement will support Covanta’s growth initiatives and efforts to increase the amount of metals recycled from its facilities, the company says. In 2011, Covanta’s 41 North American facilities recycled more than 400,000 tons of ferrous and more than 15,000 tons of nonferrous metal.

“We are excited to be forming this strategic alliance with Steinert US to recover and recycle more metal from our EfW (energy-from-waste) facilities,” says Seth Myones, president of Covanta Americas. “This is the first step in our plan to significantly increase nonferrous metal recovery. By partnering with a world-class expert like Steinert, we can get the job done faster and achieve efficiencies throughout our nonferrous recovery systems.”

A spokesman for Covanta says most of the company’s facilities operate ferrous recover systems, which include magnets. “A good proportion of the facilities have nonferrous systems as well,” he says, adding that the company would like to expand its use of nonferrous recovery systems.

“Steinert is pleased to have been selected by Covanta Energy as the preferred provider of world-class non-ferrous equipment and support," says Jason Looman, Steinert US president. "Steinert is committed to providing industry leading, total material recovery solutions and we look forward to incorporating those solutions into the Covanta Energy growth and sustainability model."