Environment

Throughout 2022, the contractual planning for the delivery of pulper waste guaranteed the fuel requirements for the entire period. We can note that, with Resolution no. 66/22 of 24 March 2022, the National Committee for Management of Derivative 2003/87/EC and for support in the management of the project activities of the Kyoto Protocol resolved to revoke the authorisation to emit gas for the plant (authorisation number 1711) with retroactive effectiveness from 1 January 2021. Therefore, the Company sold all the CO₂ quotas accruing to financial year 2021 already credited to the Company’s proprietary account equal to a total of 128,858 and those optioned for financial year 2022 of 30,000.

In execution of the planning authorisation for the demolition of the treatment plant and the buried tanks issued by the Municipality of Anagni, in September 2020, and following the update of the final project authorised by the Municipality of Anagni with Determination no. 1003 of 16 September 2020, on 26 April 2021, the work resumed for the demolition of the treatment plant, the buried tanks and the former mineralised water production building. Demolition of the former treatment plant is complete, with a specific measure for closing the work by the Director of Works on 25 February 2022.

The waste-to-energy plant is destined for the production of electricity from renewable sources, and in particular from SRF (Solid Recovered Fuel) produced by the treatment of urban waste from the territory of the Lazio Region. The San Vittore del Lazio plant is now the only waste-to-energy plant on a regional scale and represents a strategic terminal for the waste chain.

During the year, lines 1, 2 and 3 of the plant guaranteed regular operation in terms of operating hours.

Regarding the disposal/recovery of waste produced in the waste-to-energy process, the Company signed, for 2022 as well, the related conferment contracts, which guarantee operations of the three lines continuously. The expected performance of the plant during the period in question, both in terms of waste treatment and production of electricity, were affected by adverse weather conditions recorded in the first half of the year together with work planned in relation to the line 2 turbo-generator and to improvements of performance of line 1.

From March 2020 to present, in the context of the COVID-19 health emergency, with order no. Z00015 of 25 March 2020, the Lazio Region established that Acea Ambiente, in relation to the plant in question, was to receive and launch combustion, for lines 2 and 3, in addition to SRF, of unseparated urban waste originating from the homes of individuals who had tested positive for SARS-Cov-2, who were self-isolating or subject to mandatory quarantine.

To launch the activities ordered by the Lazio Region, specific commercial contracts were prepared with the suppliers and specific procedures were created for the management of the receipt, storage and supply operations for waste contaminated with COVID-19 sent for thermal destruction.

Following the presentation on 7 August 2020 of the request for authorisation to build the fourth line, the Region of Lazio issued the following authorisation provisions: i) E.D. G09041 of 12/07/2022 Positive Environmental Impact Assessment, ii) E.D. G14621 26/10/2022 Integrated Environmental Authorisation and iii) E.D. G14844 28/10/2022 Single Regional Authorisation Provision. Additionally, with Regional Decree 290 of 12 May 2022, the Region of Lazio approved the documentation on PRGR implementation status and the identification of “minimal” and “intermediate” end of cycle plants. The San Vittore del Lazio plant was identified as a “minimal” plant as it has reached its authorised capacity (including, among other things, the Fourth Line). In the light of this, almost all incoming flows will begin to be regulated by the Authority, which will also determine the tariff to apply based on the ARERA stability method. In compliance with the same, assessments and numerical processing is currently under way to prepare the EFP, which will obviously include preliminary analysis as it is the first year of implementation. Given the aforementioned classification of this plant as “minimal”, relative to the request sent by the Region of Lazio to managers of these types of plants, in October 2022 the Company prepared and submitted the Economic Financial Plan for 2022-2025.

Subsequently, the Region requested specialised technical support from a consulting company to begin validation of the EFPs and organised an initial meeting for 22 December. At present, approval of the tariffs from the relevant bodies is awaited, pursuant to ARERA regulations (see article 7 of resolution 363/2021/R/rif). Finally, note that on 1 July 2021, 25 October 2021, 10 January 2022 and 24 January 2022 the Services Conference met. The last session ended with the expression of the environmental compatibility with prescriptions for the project, deferring to the subsequent Environmental Impact Assessment measure, the subject of a specific Management Determination, not yet issued.

With the Resolution of the Executive Committee of the Umbria Region no. 2 of 5 January 2022 – “Regional strategic landfills; need for disposal and technical and operational specifications for their rational use. Guidelines while awaiting the approval of the Integrated Waste Management Plan” it was laid down that, given a maximum total volume foreseen for expansion of the three regional landfills, the Orvieto Landfill is considered expandable residually with respect to those located in Belladanza and Borgogiglione. A response was made immediately to this resolution disputing its content and proceeding on 1 February 2022 to the application for expansion, which, however, was followed by a communication from the Region indicating the inadmissibility of the application under the terms of the aforementioned resolution. This resolution was appealed in February 2022 to the Umbria Regional Administrative Court. This was followed by further communication, as well as a meeting with the Region in the context of the technical panel also established with the aforementioned resolution 2/2022.

We can note that with Resolution no. 600 of 15 June 2022 the Executive Committee of the Umbria Region pre-adopted the Proposed Regional Integrated Waste Management Plan (PRGR). The Region intends to approve it by the end of the current year. Acea Ambiente presented its opinions on 19 August 2022, which were partially accepted.

The Plan was adopted by the Umbria Regional Council with Regional Decree 1135 of 2 November 2022 after the positive completion of the VAS.

Currently, it appears the PAUR has only been completed for the Belladanza landfill, while the proceeding for the Borgogiglione site has begun. Hence, on 7 December, the Company requested the procedure be reactivated but on 21 December the Region responded that the request could not be accepted and was filed. Acea Ambiente is preparing another response.

In addition, the tariff system applicable for 2022 still has to be defined in consideration of the uncertainties associated with the regulation system managed by ARERA. Precisely on this subject the Umbria Region issued DGR no. 375 of 27 April 2022 identifying the plants necessary for the closure of the waste cycle. In particular, the Orvieto plants were identified as “minimum” for the TMB plant, part of the composting, part of the landfill; additional (that is at market) for the remaining unrestricted volumes. As a consequence of the aforesaid DGR, AURI, as the subject responsible for receiving and transmitting the PEFs, with a note ref. 5514 of 17 June 2022 requested the transmission of the financial plans within 3 weeks and convened a meeting on 28 June 2022. On 18 November, the Company sent AURI the documentation called for under article 7 of the ARERA resolution and, in particular the EFP and accompanying report. The documentation was subsequently supplemented on 13 December and approval of the tariffs from the relevant bodies is awaited, pursuant to ARERA regulations (see article 7 of resolution 363/2021/R/rif).

On 27 August 2020, in accordance with the deadline envisaged by the calendar approved by the Tuscany Region, the Company submitted a request to review the Integrated Environmental Authorisation for its adjustment to the BAT Conclusions for waste treatment plants (as per Commission Implementing Decision (EU) 2018/1147 of 10 August 2018 of the European Commission). In any case, the new IEA, by virtue of the achievement of the Environmental Management System certification to UNI EN ISO 14001 level, authorised the plant for a duration of 12 years. In June 2022, an audit occurred for EMAS registration of the location, which was completed successfully and followed by investigatory activities with ISPRA still in progress. Obtaining EMAS registration will make it possible to further increase the duration of the IEA up to 16 years and further reduce the value of the financial guarantees.

With regard to the composting section of the Sabaudia plant, the Integrated Environmental Authorisation issued by the Lazio Region on 1 December 2008 is still being renewed. In any case the IEA was formally extended by the Lazio Region pending the conclusion of the authorisation process. On 9 January 2020 the Lazio Region accepted the request for unification of the Integrated Environmental Authorisation (IEA) proceedings and at the same time requested, of only the part of Environmental Impact Assessment (EIA), an update of the documentation, which was promptly sent.

The tender procedure was completed and the aforementioned works for the adaptation of the plant to the requirements of the Consorzio di Bonifica Agro Pontino were assigned following verification of the adequacy of the tenders. The works were handed over to the company on 24 June 2020 and completed on 10 March 2021. As it stands, part of the works (demolition and reconstruction of a roof) has not been possible to execute because it was subject to the issue by the Municipality of Sabaudia, which has been sent several formal requests, of an amnesty which must be followed by a planning authorisation.

At present, the final investigation by the Municipality for the amnesty permit is still pending. To that end, on 7 September 2022, the Company sent the documentation requested by the Municipality and also made the required payments.

It is therefore hoped that the municipal procedure will be completed quickly and the authorisation procedure for the Region of Lazio will be reactivated to define the VIA and review the IEA. Additionally, with Regional Decree 290 of 12 May 2022, the Region of Lazio approved the documentation on PRGR implementation status and the identification of “minimal” and “intermediate” end of cycle plants. The Sabaudia plant was classified as “minimal” for the full capacity of the composting section. However, given the current authorisation halt, the Region of Lazio was informed that the plant is currently suspended in terms of arrivals, and, hence, the EFP for determination of the tariff was not prepared. While awaiting an even partial return to activity, all Sabaudia Plant operating personnel have been transferred to the Aprilia composting plant.

The plant is authorised for operation with an Integrated Environmental Authorisation issued by the Lazio Region with DD no. G00101 of 12 June 2021.

It is worth recalling that starting from May 2021 and then from 2 July 2021, following the verification of the prescriptions and forecast contained in the settlement agreement with TME, the plant is under the total management of Acea Ambiente. We expect the possibility of functional approval testing of the plant during the second half of 2022.

In the period considered the plant operated continuously, except for the normal anomalies that can occur in a plant of this size. One difficulty in particular is noted: of obtaining on the market OFMSW in quantity adequate for the saturation of the plants. This besides is widespread also among other plants for treatment of the organic fraction. Further technical studies and assessments were also carried out on the performance of the evaporation section needed for treatment of liquid digestate, including important maintenance work. As of today the line guarantees good performance but a treatment technology has been identified and is considered fundamental to implement, in addition to the aforesaid evaporator, so as to guarantee the constant operating continuity without being constrained also by the availability of external treatment plants. The executive project for the works are being prepared so as to begin the tender procedure, construction and start up of the systems section during 2023.

With Regional Decree 290 of 12 May 2022, the Lazio Region approved the documentation on PRGR implementation status and the identification of “minimal” and “intermediate” end of cycle plants. The Aprilia plant was identified as “minimal”, as it has reached its authorised capacity. In light of this, almost all incoming flows would be directly regulated directly by the Authority, which would also determine the tariff to apply based on the methods established by ARERA.

The company carries out purification, treatment and intermediation of liquid waste in the plants located in Le Biffe, Pianino and ex Comova. The plant was authorised based on Integrated Environmental Authorisation issued with Directorial Decree 16494 of 18 August 2022, valid until 18 August 2034, for an authorised amount of 99,900 tons/year.

After a long investigation, the review of the environmental authorisation was finally completed successfully and, at the same time, the go-ahead was received to upgrade and modernise the chemical/physical waste pre-treatment section.

In 2022, maintenance was carried out to ensure adequate residual treatment capacity in the suspended biomass biological segment and make it more efficient in terms of electricity consumption. Replacement of the bed of oxygenators of the second oxidation reactor allowed a significant economic saving. Similarly, evident increased oxidative capacity for the segment made it possible to begin treatment of a waste flow in line with expectations.

Mainly operates, as a joint venture, as a waste intermediary with its Customers/Shareholders belonging to the Acea Group. During the period of reference, the company consolidated its market position by strengthening its transport activities through the acquisition of vehicles and personnel that now allow the management, at least partially, of the corresponding services.

Aquaser currently wholly or partially performs the service of loading, transport and recovery/disposal of waste from water purification for the companies of the Acea Group. It also manages individual orders related to the service of loading, transportation and recovery/disposal of waste or soil improvers for the company Acea Ambiente, as well as other ancillary activities on behalf of third-party customers (mainly transport services). The recovery activities are carried out through energy recovery, conditioning or composting plants of third parties, and in part at the plants of the parent company, while disposal activities are almost all carried out at incineration, treatment plants/landfills of third parties both domestic and abroad. In 2022, the Company began planning services for customers mainly consisting of Integrated Water Service managers within the Acea Group, on the basis of contracts governing relations between the parties, most of which multi-year.

Operates in the water business, whose main activities are the management, maintenance and construction of plants, and the Milk - Dairy Business, whose main activities are the production of whey powder and the sale of related products for zootechnical and food use and the processing of seroderivatives on behalf of third parties. During the year, the Company regularly and effectively carried out the services called for in the management contracts signed with all the areas of operations in the Valle d’Aosta region, with good operating margins also as an effect of complementary management activities, waste transport and extraordinary and specialist maintenance, for the most part internalised and carried out by company personnel. Construction work on the district treatment plant in Donnas was completed, entrusted to the Company as principal of a temporary consortium and the entity responsible for installing the electromechanical works and future management of the plant.

In terms of activities in the seroderivative dairy business, over the years the Company has developed high level specialisation in production cycles to transform seroderivatives from milk to higher added value products destined for human consumption.

Through the management of specific platforms, provides intermediation and liquid waste treatment services to private companies operating both regionally and nationally, as well as activities collateral to those of the integrated water cycle consisting mainly in the recovery and disposal of biological sludge.

The Company designs and builds plants mainly related to the treatment of wastewater and sludge and waste in general, as well as to the treatment of atmospheric emissions, following up with their subsequent ordinary and extraordinary management, as well as carrying out design, direction and execution of works in the field of environmental clean-up of polluted sites, mainly in the industrial sector. It also performs research and development in the sectors of reference in partnership with research bodies at both a regional and national level.

The plants owned by the Company ensure solely purification pretreatments involving chemical/physical actions, lacking biological action sections and, therefore, make it possible to respect the tabular limits under the law only on the condition that derogations can be obtained relative to multiple parameters in table 3 of annex 5 to part III of Legislative Decree 152/06, as amended. Hence, these must necessarily be updated in line with new provisions and technical rules. Until the investigations for authorisation reviews have been completed, the new operating conditions will not be known and, when necessary, the systems improvements judged essential to adjust the plants to the new provisions will not have been implemented, meaning the full nominal quantity of waste established in the authorisations cannot be accepted.

In particular, recall that waste brokerage activities, based on the specific know-how of the Company, its in-depth understanding of the reference markets and the quality and extent of its contact network, support combining growing demand for transfer spaces coming from customers and the supply of waste reception from a limited number of companies, mainly located in central/northern Italy, and can be a useful tool to support waste treatment plants in the Area.

In 2022, intense discussions were carried out with the associated company Acque SpA, which identifies the Company as the strategic instrument for improvement of the environmental offer of the territory, in relation to the treatment of liquid waste and coordination of the management of industrial discharges into public sewers, enhancing its mission in the industrial ecology sector, and its marked vocation to provide public utility services complementary to those offered by the operator of the integrated water service. In relation to what is stated above, the total flow conferred to the platforms was 49,110 tons, less than the previous year. The modest result was greatly conditioned by the low rainfall of the period and by the consequent high concentration of landfill leachates.

To mitigate the effects of the difficult trend related to the management of liquid waste treatment plants, an impulse was given to the waste intermediation activity and to the management of industrial waste water treatment plants of third parties. Waste brokering business saw volumes of 37,272 tons.

Carries out its activity in the field of sorting plastic packaging from urban waste collection. It is one of the 33 or so Forced Selection Centres (FSCs) that have an agreement with the Corepla Consortium, established by law pursuant to Italian Legislative Decree 22/97 and now regulated by Italian Legislative Decree 152/06, responsible for achieving the recycling and recovery targets for plastic packaging of consumed products.

Separate collection of plastic packaging is regulated at a national level by a framework agreement between Anci and Conai and by the technical annexes concluded between Anci and the individual value chain consortia which, in the case of plastic packaging, provide that collection may be transferred to the sorting centre either selectively (mono-material collection) or jointly (multi-material collection). Demap carries out its business in compliance with current regulations and is authorised under Italian Legislative Decree 152/06 with procedure issued by the Province of Turin no. 133-25027/2010 of 23 June 2010.

Operates in the environmental services sector and in particular in the treatment of liquid and solid waste. Pursuant to Article 2428 of the Italian Civil Code, activities are carried out at the Frosinone plant, where Hazardous and Non-Hazardous Liquid and Solid Waste is Stored and Treated. In terms of authorisation, the plant has an Integrated Environmental Authorisation issued by the Lazio Region with Executive Resolution B0201/09 of 30 January 2009, expiring on 30 January 2025 (duration of 16 years by virtue of the site’s EMAS registration). In May 2021, in accordance with the deadline envisaged by the calendar approved by the Lazio Region, the Company submitted a request to review the Integrated Environmental Authorisation for its adjustment to the BAT Conclusions for waste treatment plants (as per Commission Implementing Decision (EU) 2018/1147 of 10 August 2018 of the European Commission). Note that also for the activities performed, the Company continues to implement all initiatives necessary for workplace safety, in line with relevant laws and in respect of the provisions found in the Integrated Environmental Authorisation document. BERG holds not just Quality certifications (ISO 9001) but also Environmental (ISO 14001 and ISO 45001) and consequently received the “Certificate of Excellence” which strengthens all three individual certifications. Also note that the company has received EMAS certification of the Environmental Report.

Operates at five sites (Ostra, Castelplanio, Fabriano, Falconara Marittima and Corinaldo, all in the province of Ancona) with activities structured in different market contexts in the areas of selection, treatment, recovery and sending urban waste for recycling, from separate collection and waste produced in industrial, commerce and artisanal contexts. One of the main sectors for the Company is the secondary selection of polymers deriving from separate collection of plastic as the Ostra plant is one of the 30 national centres affiliated with the Corepla Consortium, with the Coripet and with the other EPR systems, responsible for performing the forced selection activities by polymer and by colour of the plastic deriving from urban separate waste collection.

Another important area in which the Company began and has subsequently developed excellent skills is the selection and utilisation of industrial waste (multimaterial). This market segment is still today one of the main ones of the company’s business. The Company is also the plant of reference for management of ELTs (End-of-Life Tyres); for this market the Company holds the leadership for the entire Regions of Marche and Umbria.

Note that on 3 November 2022, Cavallari acquired 100% of the share capital of Italmacero Srl, a company that selects and recovers paper, cardboard and other non-hazardous waste (plastic, wood, iron). The Falconara location is authorised to accept around 13 kton/year, of which 3.6 kton/year for recovery operations.

Operates in the environmental sector and, in particular, in the transport, recovery and initial recycling of special and urban waste. The waste treated is mainly paper, plastic, wood, metal and large waste and it is a point of reference in the territory, being a platform for the main consortia of the chain such as Comieco (National Consortium for the recovery and recycling of cellulose-based packaging), Corepla (National Consortium for the recovery and recycling of plastic packaging), Rilegno (National Consortium for the recovery and recycling of wood packaging), Ricrea (National Consortium for the recovery and recycling of steel packaging) and Cial (National Consortium for the recovery and recycling of aluminium packaging). Additionally, it operates with the largest entities, both public and private, performing the activity of recovering waste deriving from the separate collections of the surrounding municipalities and has among its customers the largest private companies in the area.

On 6 December 2022, in the context of a public procedure launched by ASM Terni to identify an economic operator to strengthen and extend its strategic development lines, which was awarded to Acea SpA which had participated on its own account and that of other Group companies, including Acea Ambiente Srl, the latter transferred its 60% equity investment in Ferrocart to ASM Terni.

Operates in the waste sector in Abruzzo and is engaged in the design, construction and management of plants for the treatment, disposal and recovery of municipal solid waste and plants for energy recovery from renewable sources. The scope of the business includes: a Mechanical-Biological Treatment (MBT) plant with an authorised capacity of 270,000 tons/year, a photovoltaic plant, a biogas plant and two disposal plants. the Company also holds 100% of Ecologica Sangro, a company operating in Abruzzo in the sector of integrated management of solid urban waste.

The technical and commercial actions continuously carried on by the company in searching, in Italy and abroad, for solutions to utilise the SRF produced made it possible to offset the constant cost increases recorded at other final destination plants and to optimise the production mix of the various areas of the company’s activity.

The Company’s MBT plant, owing to its strategic location, is one of the plants of reference in support of the waste emergency of Campania and the City of Rome. In addition, owing to the waste emergency of the City of Rome, the Lazio Region has asked the Abruzzo Region to sign an interregional agreement that would permit a limited circulation of untreated and unseparated between the two regions, enabling the plants in Abruzzo to makes themselves available for the treatment of waste produced in the bordering region. The mechanical biological waste treatment plant which also sends it for recovery through production of solid recovered fuel (SRF) had treated, at 31 December 2022, around 242 thousand tons, in line with the business plan.

The treatment potential of the plant, which is doubtless higher, was in any case limited by difficulty in finding locations to transfer the final landfill waste portion (around 35% of incoming material) due to a lack of large landfills in the region.

Note that with service contracts signed on 23 November 2022 between Acea Ambiente and its subsidiary Deco, the latter was assigned activities functional to operating the CIRSU technological hub, destined for the receipt, treatment, recovery and disposal of solid urban waste, consisting of movable assets, real estate, plants and landfills, including the landfill known as “Grasciano 2”. With Region of Abruzzo determination DPC026/306 of 13 December 2022, Deco obtained the transfer of the Integrated Environmental Authorisations previously held by Acea Ambiente, which had become the owner of the hub after awarding of the competitive sales procedure held by the Court of Teramo as part of the bankruptcy proceeding for CIRSU.

As of 16 January 2023, deliveries to the Grasciano 2 landfill began. To deal with logistical needs of the TMB plant in Chieti, the Company received authorisation to manage an R13 storage in the Municipality of Ortona, to guarantee the needed flexibility for shipments abroad of Solid Recovered Fuel produced by the plant. On 23 January 2023, Acea Ambiente acquired from Rem SpA the remaining 35% of the share capital of Deco, becoming its sole shareholder.

Located in San Giovanni Ilarione in the province of Verona, it manages, recovers and recycles waste coming from collection.

The Company processes and recycles mixed plastics (Corepla and CORIPET circuit) for production of secondary raw materials and solid recovered fuel with a capacity of around 55,000/tons per year. In particular, the Company utilises mechanical, manual and washing treatments for incoming plastics with the aim of producing secondary raw materials, as well as recovering: plastic packaging, plastic urban waste from separate collection, plastics and rubber coming from industrial activity. The Company works in the plastic recovery sector, with many relationships with consortia in the chain, both for selection activities and subsequent recycling. It also designs and constructs selection and recycling plants, regularly providing maintenance for the same plants for many players, above all in central-northern Italy. The San Giovanni Ilarione plant has continued to regularly provide the services called for the in the contracts signed both with consortia in the chain and with transporters of incoming materials. A sharp increase in requests for the material produced has been recorded with an increase in the number of customers interested in increasing the level of recycled material in the production chains. In the first half of 2022, the plant underwent technical upgrading work, which enabled the creation of a new treatment line (gravimetric separator) with the production of both pellets and flakes. The new line immediately guaranteed the expansion of the market of reference and a natural diversification.

A company that is currently inactive but which will become a Corepla affiliated centre for secondary plastic selection FSC (Breakdown of plastics into the various polymer categories for sorting).

During February 2022, Acea Ambiente acquired 70% of the equity of this company which operates in the sector of recovery and sending for recycling of plastic waste for the production of Secondary Raw Materials. In particular, the Company subjects the plastic waste on input, coming from the urban and industrial circuit, to mechanical processes of separation, shredding, automatic selection, washing and granulation. The Company is located in Cellino Attanasio in the province of Teramo. We can note that during the first half of 2022, the Company’s plant underwent technical upgrading work, which made it possible to complete the installation of a number of production lines to expand the activity, increasing the quantities of materials processed, and thus increasing the range of products offered, guaranteeing an expansion of the relevant market.

In October, Acea Ambiente acquired 70% of Tecnoservizi Srl, which provides collection, treatment and collection services for separate and unseparated waste, representing a stable and consolidated reference point for over 25 years, in the delicate system of the urban and special waste cycle in the Region of Lazio, serving as a platform for the main consortia. The Company provides its services in the sectors of recovery and initial recycling of industrial and civil waste, hospital liquid and solid waste, urban waste and special waste; the waste treated mainly include construction waste, health waste, paper, multimaterial, wood, metal and large waste. The Company has an authorised treatment capacity of 210 thousand tons per year and operates in the province of Rome, performing activity of transport and disposal and recovery of urban, special hazardous and non-hazardous waste, such as paper, plastic, wood, glass, metal etc. coming from the separate collection of Municipalities, Bodies and Industries.

Financial year 2022 saw significant oscillations in the relevant market values, both with regards to raw materials and sales of secondary raw materials. The construction sector also saw large oscillations with trends that became more regular only at the end of the year. These conditions subsequently impacted final disposal locations, with rises in transfer prices until the end of August. In any case, the execution and increase in services with major industrial companies, both public and private, continued to be guaranteed, also through participation in public tenders for services.

The Company offers mechanical processing and recovery of separate urban waste (mixed packaging, monomaterials) and non-hazardous special waste. The Company is the owner of a plant in the area of North Ancona, with an authorised capacity of 13 thousand tons.