Marissa Heffernan started working for Resource Recycling in January 2022 after spending several years as a reporter at a daily newspaper in Southwest Washington. After developing a special focus on recycling policy, they are also the editor of the monthly newsletter Policy Now. Heffernan can be contacted at [email protected].
Angola, Ind.-based Refreshed Tech brought in 148,000 units for refurbishment between its founding in August 2022 and the end of the same year. | Courtesy of Refreshed Tech
Refreshed Tech closed 2022 with $4 million in sales after just four months of operation and is poised to triple its sales and double its staff in 2023.
Excir’s award is part of an overall sum of over $25 million Canadian dollars granted by the federal Jobs and Growth Fund to 15 Calgary-area businesses. | Bokstaz/Shutterstock
First appearing on a reality TV show, then signing with the British Royal Mint, Canadian e-scrap startup Excir is now continuing its growth with a federal investment of nearly $1.9 million for a demonstration plant.
Anticipation of a global recession, along with increased inflation and higher interest rates, are behind the low PC shipment numbers. | MMilda/Shutterstock
Research and consulting firm Gartner cited economic uncertainty as the reason behind a drop in worldwide PC shipments in the fourth quarter of 2022 and the year overall.
Oregon’s proposed bill would mandate access to schematics, tools and parts at a fair and reasonable cost and cover any household product – from computers to appliances – that contains digital components. | Alexey Kabanov/Shutterstock
Supporters of the right to repair consumer electronics are hoping that the third time’s the charm in Oregon.
KeyBank has provided money for dedicated space and equipment to teach financial wellness classes at RecycleForce’s new headquarters, which is under construction in Indianapolis. | Courtesy of RecycleForce
RecycleForce’s upcoming Indiana headquarters will provide not only training in e-scrap recycling but a dedicated space for financial wellness lessons, with help from KeyBank.
Noveon’s EcoFlux magnet requires 20% less material than traditionally produced magnets and requires 10% less energy to manufacture. | Courtesy of Noveon
When the founders of Noveon decided to tackle rare earth magnet recycling, they started at the beginning of the product’s life cycle instead of the end.
ITAD service providers saw used equipment prices skyrocket during the pandemic; now they have to reckon with a market leveling out at lower values amid recession worries. | Ari N/Shutterstock
Prices for refurbished PCs have fallen in the past year alongside ongoing uncertainty in the economy, but ITAD players said the market appears to have leveled off – for now.
Morgan Stanley noted that Korea Zinc bought the remaining 24.5% of Igneo Holdings for $110 million. On July 11, Korea Zinc paid $332 million for a majority stake. | REDPIXEL.PL/Shutterstock
Korea Zinc now owns 100% of Igneo Holdings after purchasing a majority stake in July.
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A study from the United Nations Institute for Training and Research (UNITAR) found that e-scrap generated annually in Europe increased by 2.1 million metric tons between 2010 and 2021. | ThamKC/Shutterstock
A report from the United Nations on the European Union found that very few member countries are achieving their e-scrap recycling targets.
Redwood Materials will break ground in the first quarter of 2023. | Courtesy of Redwood Materials
Battery recycler Redwood Materials will build its next facility on 600 acres outside of Charleston, S.C.