The chemical company Ineos, in Stenungsund, places high demands on environmental work and safety. With a total waste management solution from Stena Recycling, Ineos has provided all its employees with environmental training, while achieving significant savings and recovering more material. With a customer portal, Ineos can continuously monitor its waste streams and waste economy. Stena Recycling’s branch manager, Dan-Inge Andersson, met with Ingela Frössling, an environmental engineer at Ineos, to develop a recycling solution.

Stena Metall

NEW SOLUTIONS THAT BENEFIT CUSTOMERS AND SOCIETY

Stena Metall is one of three parent companies in the Stena Sphere. The Stena Metall Group recycles and trades ferrous and non-ferrous metals, aluminium and oil in around 250 locations in 13 countries, in addition to financial operations. Recycling can convert large amounts of society’s wastes to new, high quality raw materials that are put to use in new products. Our goal is to be a leader in every area where we are active.

The financial year was characterised by deteriorating market conditions with falling volumes, declining scrap prices and overcapacity in the recycling industry. Market conditions put severe pressure on Stena Metall Group’s results. Thanks to increased marketing initiatives and a broader range of products and services, the Group was able to maintain its market share. Sales of the Group’s products in domestic and international markets remained good.

One of Stena Metall’s goals is that customers should experience quality at every level. For this reason, all products and services are quality assured. Throughout the Group’s local operations, customers experience the core values that Stena Metall’s employees embrace in everything they do – simplicity, reliability and development.

In the current business climate, an action programme has been launched throughout the Group to improve results and adapt to current conditions. The actions will fully take effect in the financial year 2013/2014. The introduction of the Group’s own production model, Stena Way of Production, was successful and will help to increase productivity and coordination. Another positive example of the connection with value-added in every aspect of the business is the product and material training that the Group offers for every type of waste it handles.

One major investment during the year was the modernisation of Stena Recycling’s shredding facility in Huddinge. The same applies to Stena Stål’s new high bay warehouse in Västerås and Stena Technoworld’s investment in an advanced metal recycling facility in Verona.

Market

At the beginning of the financial year (September 2012–August 2013), prices rose marginally for most of the Group’s key commodities, partly as a result of the monetary stimulus. After the end of the year, the trend reversed with a relatively sharp price decline. Viewed over the financial year as a whole, commodity prices, with few exceptions, ended higher than they began. The increased supply of raw materials and slowdown in emerging markets is likely to lead to an end to the raw material boom of the last decade.

CEO Comment

At the time of writing in January 2014, the market is distinguished by continued uncertainty about growth prospects in the years ahead. We see only weak signs of improvement in our markets. Looking forward, we will increase the intensity of our sales efforts and continue to improve the quality of the industry- and customer-specific solutions we offer. With long-term owners and a strong business model based on de­dicated business acumen, we have very good opportunities to further advance our positions in all our business areas.

Anders Jansson

CEO Stena Metall

Next in Stena Sphere

Stena sessan

LONG-TERM OWNERSHIP WITH CARE AND COMMITMENT