New Waste Recycling Company Formed by Italy’s INT.DEP.CAST, TEA, and Garda Uno
Although it will need to be approved by the respective shareholders’ meetings before it can become operational, the agreement reached and signed in recent days by representatives of the three companies planning to establish a new company, Biociclo srl with headquarters in Castiglione delle Stiviere, appears very promising.
The agreement involves three companies that have long been engaged in the treatment and disposal of urban solid waste, as well as managing numerous services related to environmental protection and safeguarding.
These are INT.DEP.CAST, srl based in Castiglione delle Stiviere, TEA SPA from Mantova, and the Special Company Consorzio Garda Uno from Portese di San Felice del Benaco.
The corporate shares have also been set, with 52% allocated to INT.DEP.CAST, and 24% each to TEA and Garda Uno, with a plant capacity of 28,000 tons per year.
This outcome was achieved after a series of meetings that, as highlighted by Guido Maruelli, president of Garda Uno, left me — and us — particularly satisfied.
The agreement was reached thanks to the shared mindset of the three companies, driven also by the necessity to join forces in order to improve services offered at competitive costs.
Participants and objectives of the company
Present at the signing of the agreement were the presidents of the three companies: Nunzio Bellazzi for INT.DEP.CAST; Guido Maruelli for Garda Uno; and Arnaldo Veronesi for TEA.
Their respective directors, Mauro Morandi, Franco Richetti, and Millo Dall’Aglio, were also present.
Maruelli explains that the primary aims of this new company are to intervene in the waste recycling cycle, particularly in producing quality compost through processing of the organic fraction of urban waste obtained from separate collection at the source, green waste, and sludge from wastewater treatment.
This initial collaboration also brings hope and the expectation that in the near future, the three companies can increasingly integrate their activities, extending into other sectors of local public services.
