NewsBits

NewsBits

A bin that can sort recyclables from garbage won first place at a University of Michigan event in which groups of students had 36 hours to develop tech-based innovations. The product, called GreenCan, was developed by three University of Maryland students and classifies objects based on the sound made when something is dropped in the receptacle.

During its most recently completed fiscal year, Rhode Island collected 5 percent more recyclable material than the year prior, but the profits earned on that material were down considerably. The culprit is hardly surprising: China's Green Fence policy and the price fluctuations it has caused in the commodities market.

Sims Metal Management announced plans to voluntarily delist its American depositary receipts from the New York Stock Exchange (NYSE), an action that is expected to go into effect at the end of next week. The company, which is North America's largest metals recycling firm, is based in Australia, and its ordinary shares are listed on the Australian Securities Exchange. The company says the NYSE delisting move will reduce administrative costs.

Nashville, Tennessee's Vanderbilt University announced it increased the volume of recyclables collected on campus by 60 percent from 2011 to 2012.

Ox Paperboard has purchased Graphic Packaging Paper’s 47,000-ton-per-year recycled paperboard mill in Pekin, Illinois.

The South Dakota Department of Environment and Natural Resources awarded a $158,000 grant to the city of Freeman for recycling center additions and renovations. The city's proposal lays out a plan to increase storage capacity for recyclable materials by adding a 60-foot-by-60-foot cold storage building to its existing facilities. The project also includes the purchase of new equipment.

Sims Recycling Solutions launched an online service called Zombie Phone that allows users to determine the value of their "dead devices" and then send them to the company in exchange for payment. The e-scrap processor says when phones are received they will be checked against a database to make sure they have not been reported lost or stolen (or planning to feast on the living).

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