Denmark’s Rimeco sells off steel scrap export business to compatriots HJ Hansen

Published by: Lee Allen

2 Nov 2022 @ 12:53 UTC

Danish recyclers Rimeco Aktieselskab have agreed to sell their steel scrap export operations in Kolding to compatriots HJ Hansen Recycling Group, representatives from both companies said this week.
Following the deal, HJ Hansen will take over Rimeco’s steel scrap collection, export activities and berths at the seaport of Kolding, HJ Hansen said on Tuesday November 1.

Rimeco will continue to focus on the processing of metal, electronic and cable scrap around its Aabenraa base, but will exit from the business of directly exporting of steel scrap.

“We have chosen to sell off the collection and shipping of iron scrap because we can see that the industry is consolidating. We already have a long-standing and good collaboration with HJ Hansen, and we find it natural to pass on what we have built up in Kolding to them,” Klaus Peter Riggelsen, managing director at Rimeco, said.

There are synergies between the berths in Kolding port and HJ Hansen’s existing berths in the ports of Aalborg, Aarhus, Fredericia, Korsør, Prøvestenen and Odense, according to Mogens Bach Christensen, chief executive officer of HJ Hansen Recycling Group.

“The sites have a strategically good location for us, as we at HJ Hansen Recycling Group want to shorten and streamline our logistical flow – this benefits both the environment and our suppliers,” Christensen said.

The Danish exporter consolidation comes in an environment of short scrap supply, with falling prices, high energy costs and a looming recession across Europe creating a difficult environment for recyclers.

Both HJ Hansen and Rimeco are experienced in the export of steel scrap to Turkey, but demand from Turkey has slumped over the last year amid a weak Turkish lira and poor local steel demand.

Fastmarkets’ daily index for steel scrap, HMS 1&2 (80:20 mix), northern Europe origin, cfr Turkey, was calculated at $354.41 per tonne on Tuesday, flat from a day earlier but down by $7.32 per tonne month on month from $361.73 per tonne.

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Rimeco Aktieselskab sælger sine Kolding-aktiviteter til HJHansen Recycling Group

Genvindingsvirksomheden HJHansen Recycling Group overtager havnepladserne på Kolding Havn fra Rimeco Aktieselskab, der har valgt at specialisere sig yderligere i genvinding og forædling af metal, jern, elektronik og kabler.

Rimeco Aktieselskab har i mange år haft opsamlings- og afskibningspladser til jern- og metalskrot flere steder i Europa. Nu frasælger virksomheden sine danske aktiviteter inden for indsamling af jern- og stål-skrot kvaliteter til HJHansen Recycling Group.

Klaus Peter Riggelsen, administrerende direktør hos Rimeco Aktieselskab, siger: ”Vi har valgt at frasælge indsamling og udskibning af jernskrot, fordi vi kan se, at branchen konsoliderer sig. Vi har i forvejen et mangeårigt og godt samarbejde med HJHansen Recycling Group, og vi finder det naturligt at videregive det, vi har opbygget i Kolding, til dem. Vi, Rimeco Aktieselskab, forsvinder jo ikke fra branchen, og kan nu i stedet henvise til HJHansen Recycling Group, når vi får henvendelser om indsamling af jernskrot i Danmark.”

Rimeco Aktieselskab vil uforandret drive sin virksomhed fra Aabenraa, hvor man på bl.a. Ensted Industrihavn har sine anlæg til behandling og sortering af jern-, metal-, elektronikskrot samt kabel recycling. Samtidigt fortsætter Hals Metal Recycling A/S, hvor der modtages og miljørigtigt forarbejdes komplekse jern og metalfraktioner, som bly, transformere, kabler og kompressorer.

Ifølge Mogens Bach Christensen, administrerende direktør i HJHansen Recycling Group, er der synergier mellem kajpladserne i Kolding og HJHansen Recycling Groups eksisterende kajpladser i Aalborg, Aarhus, Fredericia, Korsør, Prøvestenen og Odense. ”Pladserne har en strategisk god placering for os, da vi hos HJHansen Recycling Group ønsker at forkorte og effektivisere vores logistiske flow – det både kommer miljøet og vores leverandører til gode”

Sammen med pladserne overtager HJHansen Recycling Group også personalet tilknyttet Kolding Havn, der skal fortsætte deres ekspertise og gode relation til havn, leverandører mv.

HJHansen Recycling Group og Rimeco Aktieselskab forventer at udbygge og videreudvikle det i forvejen meget fine samarbejde til fordel for begge selskaber over de kommende år.

For yderligere information, kontakt venligst:

Mogens Bach Christensen,

Adm. Direktør i HJHansen Recycling Group
Tlf: +45 21 48 57 10 / mbc@hjhansen.dk

Klaus Peter Riggelsen

Adm. Direktør i Rimeco Aktieselskab
Tlf: +45 40 11 28 82 / kpr@rimeco.dk

Fakta om HJHansen Recycling Group (H. J. Hansen Recycling A/S)

HJHansen Recycling Group er en af Danmarks største genvindingsvirksomheder, der udover forarbejdning og genanvendelse af jern- og metalskrot, også oparbejder kabler, miljøbehandler biler, er eksperter inden for nedbrydning af vindmøller og metalkonstruktioner, genanvendelse af råstoffer samt håndtering af elektronikskrot. Virksomheden har hovedsæde i Odense, og på de nu 25 lokationer i Danmark og Sverige beskæftiges 240 personer.

HJHansen Recycling Group havde i det seneste regnskabsår en omsætning på DKK 3,7 milliarder.

H.J. Hansen Koncernen tæller også H.J. Hansen Vin. Virksomheden er grundlagt som en købsmandshandel i centrum af Odense i 1829. Koncernen er ejet af Jens Hempel-Hansen som er 4. generation i Hempel-Hansen familiens ejerskab.

Fakta om Rimeco (Rimeco Aktieselskab)

Fra sit hovedsæde i Aabenraa har Rimeco drevet genanvendelsesvirksomhed siden 1888, hvor de fokuserer på genvinding og forædling af metal-, jern-, elektronik-skrot og kabelrecycling, herunder forarbejdning af komplekse fraktioner, som bly, transformere, kabler og kompressorer.

Rimeco tæller også Hals Metal Recycling A/S.

Rimeco er en familieejet virksomhed, der nu ejes af 5. Generation, Klaus Peter Riggelsen.

Klaus Peter Riggelsen, Rimeco Aktieselskab tv. og Mogens Bach Christen, HJHansen Recycling Group th.

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Another year (almost) over

2019 has been a positive and eventful year at Rimeco. We have succeeded at generating substantial growth within our core business of selling and reselling scrap metals, and at the same time we have expanded into new business areas.

Power plants and a new harbour

While the demolition of our first closed down power plant, Enstedværket in Aabenraa, has proceeded according to plan, we decided to enter into yet another power plant business opportunity. In the spring Rimeco, as part of a consortium, acquired yet another closed down power plant, Stigsnæsværket on Zealand, for demolition and recycling. Included in the acquisition is the plant’s associated harbour – one of Europe’s deepest harbours. In the years to come, it will be among our tasks to develop the harbour into one of Denmark’s most efficient and widescale industrial harbours (read more here), and we look forward to presenting more details during 2020.

Growing within processed metals

In 2019, we also decided to strengthen our growing business within processing of recycled materials. As a part of this decision we have thoroughly updated and refurbished our granulation and shredder facility in Aabenraa, enabling us to multiply our production speed, and at the same time achieve an extremely high degree of purity of the processed metals. Read more here. 

Positive expectations

2019 has been a year of expansion, and we are grateful to all our employees and our loyal partners for the dedication and diligence that has been exercised throughout all tasks. Thanks to each and all of you!

We look forward to 2020 with positive expectations. We experience a sound and stable demand for raw materials in the industry, as well as a positive development in the market. However often the ghost of recession has been conjured up in 2019, we see no signs of lower activity in 2020 – on the contrary we expect to continue our stable growth.

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