Renewi Enters FTSE 250 Index
07 June 2024
Renewi plc, a prominent European waste-to-product company, has officially become a part of the FTSE 250 index. This move is set to take place after the market closes on Friday, 21 June 2024, with full effect from the start of trading on Monday, 24 June 2024. Renewi’s inclusion in the prestigious index is a testament to the success of its strategic initiatives, including the recent sale of UK Municipal and the turnaround of Mineralz & Water.
Otto de Bont, CEO of Renewi, expressed his delight at the company’s achievement, stating, “We are pleased to join the FTSE 250. This accomplishment reflects the hard work of our team in executing our strategy and commitment to recycling and the production of circular materials. We remain dedicated to our mission of transforming waste into new products to contribute to a more sustainable world and create value for our shareholders.”
Renewi is a dedicated recycling company that focuses on extracting value from waste and used materials to combat resource scarcity and promote circular materials. With a recycling rate of 63.2%, Renewi puts 6.6 million tonnes of low-carbon circular materials back into circulation annually, contributing to climate change mitigation and the circular economy. Through innovation and advanced technology, Renewi converts waste into materials such as paper, metals, plastics, and compost, among others.
As a leading waste-to-product company in Europe, Renewi employs over 6,000 individuals across 154 operational sites in five countries. The company’s commitment to sustainability and environmental stewardship has positioned it as a key player in the circular economy landscape.
For more information about Renewi and its initiatives, please visit their website at www.renewi.com.