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Veolia Acquires Chameleon Industries to Expand Its North America Circular Economy Solutions for the Semiconductor Industry
Veolia Acquires Chameleon Industries to Expand Its North America Circular Economy Solutions for the Semiconductor Industry

Yahoo

time6 hours ago

  • Business
  • Yahoo

Veolia Acquires Chameleon Industries to Expand Its North America Circular Economy Solutions for the Semiconductor Industry

Acquisition of leading specialty chemical producer for the semiconductor and microelectronics industries expands Veolia's environmental service offering Company's critical manufacturing infrastructure is located in strategic growth markets of Texas, Oregon and Arizona This is the latest step in the company's GreenUp strategy that emphasizes depollution and management of hazardous waste CORSICANA, Texas, July 24, 2025--(BUSINESS WIRE)--Veolia, a leading integrated provider of environmental services in the U.S., today announced that it has completed the acquisition of Chameleon Industries, a Texas-based producer of specialty chemicals. The company's circular economy technology uses byproducts from the semiconductor manufacturing process in its proprietary applications, reduces waste and creates beneficial products for industry. The acquisition will expand Veolia's leadership in providing innovative environmental solutions to advanced manufacturing and technology companies across North America. Chameleon operates four production facilities in Texas, Oregon and Arizona that recover byproducts of semiconductor manufacturing for beneficial reuse. This circular economic solution helps manufacturers reduce their environmental impact and improve efficiency. This focus aligns with Veolia's Green Up strategic plan. The company is dedicated to safety, product quality, environmental compliance and product stewardship throughout its supply chain. Bob Cappadona, President and Chief Executive Officer of Veolia North America's Environmental Solutions and Services business said: "We are thrilled for Chameleon to join Veolia through this acquisition. As part of our Green Up strategy, adding this critical circular economy technology to our wide portfolio of environmental and infrastructure solutions helps expand our capabilities for customers and play an important role in the growth of America's technology sector. The team at Chameleon is a great strategic and cultural fit for our growing business in North America." Jared Garza, Chief Executive Officer of Chameleon said: "By joining Veolia's global network of chemical recovery and environmental service operations, Chameleon will be able to better serve our customers, grow our business for the long term and provide opportunities for our people. Veolia is already an established environmental leader in the microelectronics industry, and will allow us to bring our technology to a broader segment of the industry." In the United States, Veolia provides a full range of waste management services, from collection to transportation to recycling and disposal. With this acquisition, the group will now employ more than 2,300 people at over 200 locations across the country, providing safe, customized services for large manufacturers in fields such as technology, healthcare and pharmaceutical and petro and agriculture chemicals. The business is also a hub of innovation to support environmental sustainability, developing pioneering solutions for the recycling and repurposing of a wide range of materials including wind energy blades and industrial solvents. ABOUT VEOLIA IN NORTH AMERICA A subsidiary of Veolia group, Veolia North America (VNA) is the top-ranked environmental company in the United States for three consecutive years, and the country's largest private water operator and technology provider as well as hazardous waste and pollution treatment leader. It offers a full spectrum of water, waste, and energy management services, including water and wastewater treatment, commercial and hazardous waste collection and disposal, energy consulting and resource recovery. VNA helps commercial, industrial, healthcare, higher education, and municipality customers throughout North America. Headquartered in Boston, Mass., Veolia North America has more than 10,000 employees working at more than 350 locations across the continent. ABOUT VEOLIA GROUP Veolia group aims to become the benchmark company for ecological transformation. Present on five continents with 215,000 employees, the Group designs and deploys useful, practical solutions for the management of water, waste and energy that are contributing to a radical turnaround of the current situation. Through its three complementary activities, Veolia helps to develop access to resources, to preserve available resources and to renew them. In 2024, the Veolia group provided 111 million inhabitants with drinking water and 98 million with sanitation, produced 42 million megawatt hours of energy and treated 65 million tonnes of waste. Veolia Environnement (Paris Euronext: VIE) achieved consolidated revenue of 44.7 billion euros in 2024. View source version on Contacts VEOLIA NORTH AMERICA Nate Pepper Vice President, Communications Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Ingenium and Veolia North America Forge Partnership to Secure Hazardous Waste Treatment Capacity For Industrial Growth
Ingenium and Veolia North America Forge Partnership to Secure Hazardous Waste Treatment Capacity For Industrial Growth

Business Wire

time15-05-2025

  • Business
  • Business Wire

Ingenium and Veolia North America Forge Partnership to Secure Hazardous Waste Treatment Capacity For Industrial Growth

BOSTON & ESCONDIDO, Calif.--(BUSINESS WIRE)--Ingenium and Veolia North America announced a strategic partnership providing guaranteed access to Veolia's new high-temperature treatment facility in Gum Springs, Arkansas. Opening in 2025, this state-of-the-art facility will address the growing industry demand for waste treatment capacity. The agreement also ensures Ingenium access to guaranteed capacity at Veolia's existing thermal, landfill and fuel blending facilities in the US. Share The agreement also ensures Ingenium access to guaranteed capacity at Veolia's existing thermal, landfill and fuel blending facilities in the US. Veolia's facility at Gum Springs will set a new industry standard for the safe, efficient and reliable treatment of waste materials, and the agreement with Ingenium – which comes months before the facility opens – will help both companies meet the needs of the market. The agreement takes effect immediately. As part of Veolia's Green Up strategy, and in alignment with both companies' sustainability goals, Veolia's new facility will employ advanced operational and power generation technology, including waste heat recovery and on-site solar power generation to reduce environmental impact. 'This strategic partnership with Veolia North America is a significant step forward for Ingenium and our commitment to providing sustainable waste management solutions. Securing guaranteed access to Veolia's state-of-the-art facilities, particularly the new Gum Springs location, ensures we can meet the demand for hazardous waste treatment while upholding our dedication to innovation and integrity,' said Heather Johnson, Chief Executive Officer, Ingenium. 'This partnership between Veolia North America and Ingenium is yet another example of environmental leaders collaborating to maximize the limited thermal treatment capacity in the US for the benefit of our nation's growing industrial base. Ingenium's strong presence in the western US makes them a key strategic partner and we look forward to working together,' said Bob Cappadona, President and Chief Executive Officer of Veolia North America's Environmental Solutions and Services business. 'This collaboration is also fully aligned with Veolia's GreenUp strategic plan, in which the management of hazardous waste is seen as a critical enabler of U.S. reindustrialization—by providing essential infrastructure to support sustainable industrial growth while advancing environmental stewardship.' ABOUT VEOLIA NORTH AMERICA A subsidiary of Veolia group, Veolia North America (VNA) is the top-ranked environmental company in the United States for three consecutive years, and the country's largest private water operator and technology provider as well as hazardous waste and pollution treatment leader. It offers a full spectrum of water, waste, and energy management services, including water and wastewater treatment, commercial and hazardous waste collection and disposal, energy consulting and resource recovery. VNA helps commercial, industrial, healthcare, higher education, and municipality customers throughout North America. Headquartered in Boston, Mass., Veolia North America has more than 10,000 employees working at more than 350 locations across the continent. ABOUT VEOLIA GROUP Veolia group aims to become the benchmark company for ecological transformation. Present on five continents with 215,000 employees, the Group designs and deploys useful, practical solutions for the management of water, waste and energy that are contributing to a radical turnaround of the current situation. Through its three complementary activities, Veolia helps to develop access to resources, to preserve available resources and to renew them. In 2024, the Veolia group provided 111 million inhabitants with drinking water and 98 million with sanitation, produced 42 million megawatt hours of energy and treated 65 million tonnes of waste. Veolia Environnement (Paris Euronext: VIE) achieved consolidated revenue of 44.7 billion euros in 2024. ABOUT INGENIUM Founded in 2006 and based in Escondido, California, Ingenium is the leading provider of sustainable waste management solutions and is known for its innovation, accountability and uncompromising integrity. We provide a broad range of waste management services specializing in packaging, transportation, recycling and disposal of hazardous, non-hazardous, biological, universal and radioactive waste. Our management established Ingenium with the dual goal of offering sustainable recycling methods to an otherwise traditional hazardous waste environment along with a commitment to be a trusted partner to our clients.

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