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Befesa

Environmental Services · Luxembourg
Website: www.befesa.com

Befesa plays a vital role in the circular economy by providing hazardous waste recycling services to steel and aluminium recy ... cling companies. As such, its position in the value chain of the steel and aluminium circular economy is key – Befesa is the hazardous waste recycler of steel and aluminium recyclers. The Company’s core business is focused on sustainability. Its business model is based on offering full-service waste management solutions to its customers. Befesa recycles around 1.5 million tonnes of hazardous waste and residues and recovers around 1.3 million tonnes of new materials annually. Reintroducing these new materials into the market reduces the consumption of primary natural resources. Befesa is a market leader in its key European and Asian markets. Befesa operates a total of 19 recycling plants and at year-end 2020 employed 1,137 employees. In 2020, Befesa generated revenues of €604 million and €127 million EBITDA with a margin of 21%. Befesa uses the Best Available Technology (BAT) in its production processes, especially in its two core business units: steel dust recycling and aluminium salt slags recycling. In addition, Befesa invests significant amounts every year to improve its technologies, efficiencies and environmental impact, ensuring the application of best-in-class production processes. read more

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