Veolia (Paris; www.veolia.com), through its subsidiary Veolia North America, announced that it has signed an agreement to take over Alcoa USA Corp.’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 (5 km²) site, currently employs 73 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 pollutions, 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.
Today, Veolia treats and recycles around 6 million tons of hazardous waste for over 100,000 industrial, commercial or household clients.
This transaction is valued at $250 million and closing is expected in the first quarter of 2020.