Progressive Waste Solutions LTD: Case Study
Introduction
Progressive Waste Solutions LTD (PWS) was founded in 2001 and its headquarters can be located in Vaughan, Canada serves as a vertically integrated Waste Management organization. Its main purpose within the industry is to collect and dispose of commercial, industrial, municipal and residential non-hazardous waste. Previously operating as IESI-BFC LTD, PWS incorporated back in May 2009 which proved to be a positive step into its plan of vertical integration. Looking to further integrate its assets and increase internalization of waste, PWS merged with Waste Services INC. In July 2010 IESI-BFC LTD rebranded itself when it merged with its wholly owned subsidiary, Progressive Waste Solutions LTD in May 2011. Under brands like BFI Canada …show more content…
Back in 1976 the Environmental Protection Agency passed the Resource Conservation Act which regulates the handling, transportation and disposal of hazardous and non-hazardous waste. They also applied the Clean Air Act in 1970 which targeted landfills and incinerators. It doesn’t stop there; organizations are all closely monitored and are given specific detailed instructions on how to run a landfill. Operating firms need to attain a permit based on the plant size and technology used to operate a waste to energy facility. Many states have been advised on a waste volume reduction which will continue into the future. There has also been talk surrounding future legislation that would prohibit interstate transportation and disposal of waste. These barriers and outlays have provoked many organizations to redirect focus on recycling operations; EPA estimates a growing demand for recycling will occur over time. According to Progressive Waste Solutions Ltd at Credit Suisse Global Services Conference – Final (2012), “We look first at our corporate development opportunities. Our acquisition program will remain active. We continue to have a solid pipeline of target in and contiguous to our existing markets, and we have a disciplined and rigorous process for evaluating all of these opportunities.”
Progressive Waste Solutions LTD (PWS) was founded in 2001 and its headquarters can be located in Vaughan, Canada serves as a vertically integrated Waste Management organization. Its main purpose within the industry is to collect and dispose of commercial, industrial, municipal and residential non-hazardous waste. Previously operating as IESI-BFC LTD, PWS incorporated back in May 2009 which proved to be a positive step into its plan of vertical integration. Looking to further integrate its assets and increase internalization of waste, PWS merged with Waste Services INC. In July 2010 IESI-BFC LTD rebranded itself when it merged with its wholly owned subsidiary, Progressive Waste Solutions LTD in May 2011. Under brands like BFI Canada …show more content…
Back in 1976 the Environmental Protection Agency passed the Resource Conservation Act which regulates the handling, transportation and disposal of hazardous and non-hazardous waste. They also applied the Clean Air Act in 1970 which targeted landfills and incinerators. It doesn’t stop there; organizations are all closely monitored and are given specific detailed instructions on how to run a landfill. Operating firms need to attain a permit based on the plant size and technology used to operate a waste to energy facility. Many states have been advised on a waste volume reduction which will continue into the future. There has also been talk surrounding future legislation that would prohibit interstate transportation and disposal of waste. These barriers and outlays have provoked many organizations to redirect focus on recycling operations; EPA estimates a growing demand for recycling will occur over time. According to Progressive Waste Solutions Ltd at Credit Suisse Global Services Conference – Final (2012), “We look first at our corporate development opportunities. Our acquisition program will remain active. We continue to have a solid pipeline of target in and contiguous to our existing markets, and we have a disciplined and rigorous process for evaluating all of these opportunities.”