In­ter­waste

Finweek English Edition - - INVESTMENT -

Have you ever won­dered who, apart from Pik­itup, han­dles all the waste that we pro­duce, not only in our homes and places of work but also in in­dus­trial ar­eas and in mines? Which com­pany dis­poses of met­als, build­ing rub­ble and elec­tronic waste?

En­ter In­ter­waste Hold­ings, an en­vi­ron­men­tal so­lu­tions and waste man­age­ment ser­vices provider. Co-founded in 1989 by Alan and Bron­wyn Will­cocks, who are non-ex­ec­u­tive di­rec­tor and CEO re­spec­tively, In­ter­waste listed on the JSE’s Al­ter­na­tive Ex­change (Altx) in June 2007. Since list­ing, the group has grown its rev­enue from R250m in 2006 to R558.5m in 2012.

In­ter­waste be­came one of the largest waste man­age­ment com­pa­nies in the coun­try af­ter ac­quir­ing Enviro-Fill in 2007, a spe­cial­ist land­fill and waste man­age­ment com­pany with 30 fa­cil­i­ties, land fill­ing and han­dling ap­prox­i­mately 2.5m tons of waste a year.

The group started of f wit h

2006

R250m an am­bi­tious struc­ture. It had three sub­sidiaries: In­ter­waste Lim­ited (with three di­vi­sions), In­ter­waste Prop­er­ties, and Enviro-Fill (with f ive di­vi­sions). The prop­erty di­vi­sion was grown be­tween 2008 and 2012 and ended up with some five busi­ness units, but is now look­ing dif­fer­ent and rather re­fined. Var­i­ous busi­ness units have been in­cor­po­rated into In­ter­waste Lim­ited, which now struc­tures its busi­ness into sev­eral dis­ci­plines, namely waste man­age­ment, com­post man­u­fac­tur­ing and sales (through Earth to Earth, the coun­try’s largest or­ganic com­post pro­ducer) and land­fill man­age­ment. Waste man­age­ment con­trib­utes the most rev­enue, fol­lowed by land­fill man­age­ment.

In­ter­waste now of­fers an in­te­grated waste man­age­ment so­lu­tion com­pris­ing com­pli­ance, re­search and de­vel­op­ment, re­cy­cling, waste clas­sif ica­tion, com­mod­ity t r ad­ing a nd waste t reat­ment, among oth­ers. Ac­cord­ing to t he Pack a g i ng Cou n c i l o f

South Africa (PACSA), which has been man­dated by the Depart­ment of En­vi­ron­men­tal Af­fairs to com­plete and im­ple­ment an In­dus­try Waste Man­age­ment Plan, South Africans con­sumed an es­ti­mated 2.8m tons of pack­ag­ing of all types – pa­per, plas­tic, metal and glass, ex­clud­ing ex­ports of empty and filled pack­ag­ing and in­clud­ing im­ports in 2011.

Some of the thorny is­sues with re­gard to waste man­age­ment, here and abroad, are the rig­or­ous and com­plex reg­u­la­tory and com­pli­ance frame­works, spurred on by a grow­ing pop­u­la­tion and boom­ing economies. Along with th­ese come new tech­nolo­gies for which lit­tle data ex­ists re­gard­ing waste spec­i­fi­ca­tions.

In­ter­waste has, how­ever, demon­strated over the years its pro­gres­sive­ness and for­ward-think­ing abil­ity as demon­strated by its in­te­grated of­fer­ings, which pro­vide a sim­ple so­lu­tion to the prob­lem of waste for its clients. A mem­ber of the In­sti­tute of Waste Man­age­ment of South Africa since 1993, In­ter­waste is also the f irst waste man­age­ment com­pany in SA to achieve ISO 14001 in­ter­na­tional ac­cred­i­ta­tion in re­spect of its op­er­a­tions.

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