Fincantieri is partnering with Italy’s Hera Group to optimize waste management in its shipyards, according to a press release.
The agreement involves the creation of a new company co-owned by Fincantieri and the Hera Group, facilitated through their subsidiaries Herambiente Servizi Industriali (HASI) and ACR di Reggiani Albertino S.p.A. (ACR). This entity will implement an integrated waste management system initially at Fincantieri’s Monfalcone site, with plans to expand to other shipyards in Italy and potentially internationally, as stated by the company. The scope includes managing plant operations, waste disposal and maximizing the value of residues and recoverable materials.
The initiative aims to enhance waste recovery, reduce waste production and promote sustainability through circular economy practices, leveraging Hera Group’s expertise in waste management and sustainable solutions.
Pierroberto Folgiero, CEO and general manager of Fincantieri, said: “To meet the challenges of environmental sustainability in our shipyards, we have chosen to collaborate with the most qualified partners who can guarantee innovative and effective technological solutions with a diversified geographic presence and the ability to pursue economies of scale and scope. In this sense, our agreement with the Hera Group, an outstanding Italian company and the leader in its sector, represents a further step that reinforces our commitment to adopting circular economy practices directly in our production sites, fully consistent with our business plan.
“The combination of our skills and those of the Hera Group will improve waste management at our sites, contributing to environmental protection, optimizing production processes and increasing safety and thus creating value. This partnership is in line with our business plan and above all demonstrates the Group’s all-round commitment to sustainability and the circular economy.”
Orazio Iacono, CEO of the Hera Group, added: “Our partnership with Fincantieri confirms the Hera Group’s role as a strategic partner for the green transition of Italy’s industrial sector. Thanks to our strategy, that leverages a portfolio of global waste services and our leadership in the waste management sector in Italy, we intend to support even large companies in achieving their ESG targets, thus generating benefits that are not only environmental but also economic and social.
“Strengthened by decades of experience and the results we have already achieved in the waste management, energy and water sectors, through circular projects such as the ones included in the agreement signed with Fincantieri, we want to increase our presence at the side of the industrial sector in reducing and recycling waste and regenerating resources.”
The project will unfold in phases, beginning with establishing the newco and launching operations at Monfalcone by 2024. The goal is to manage nearly 100,000 tons of industrial waste annually from the shipyards, aiming to enhance value recovery—particularly in iron, wood and paper—by 15 percent within the first year. Future plans include building advanced treatment facilities and optimizing waste management infrastructure, supported by initiatives like constructing a new sorting line, a water treatment plant for reuse and upgrading temporary storage facilities.
