E-Scrap News magazine is the premier trade journal for electronics recycling and refurbishment experts. It offers updates on the latest equipment and technology, details trends in electronics recycling legislation, highlights the work of innovative processors, and covers all the other critical industry news.
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Iron Mountain reported $5.48 billion in full-year revenue for 2023, up 7% year over year, but its net income dropped 67%. | Bandersnatch/Shutterstock
Data management firm Iron Mountain reported a 67% decrease in income in 2023 compared to the prior year, largely because of macroeconomic forces but also due to lower resale market prices. Company executives said they’re optimistic about the company’s growing ITAD operations, however.
eCircular’s 38,000-square-foot facility has a processing target of about 50,000 units per month. | Courtesy eCircular
Led by a team that includes industry veterans, Houston, Texas-based ITAD firm eCircular announced its official launch on Feb. 28. A company leader says the venture will be able to fill an underserved portion of the ITAD market and help other processors as well.
SB 1596 excludes motor vehicles, off-road vehicles, farming equipment, medical devices, HVAC systems, solar panels or solar energy storage systems, video game consoles, electrical energy storage systems or electric toothbrushes. | bobpool/Shutterstock
A bill to ensure that consumers have the right to repair most electronics and appliances is on its way to the desk of Oregon’s governor.
peresanz/Shutterstock
Readers last month were drawn to an op-ed co-written by BAN and SERI – marking the first time those organizations have jointly authored an opinion – as well as stories about ITAD giant Sims, e-scrap collection statistics and the E-Reuse Conference changing hands.
uBreakiFix by Asurion offers repairs for smartphones, tablets, computers, game consoles, smart speakers, drones and more. | PRNewsfoto/Asurion
Repair company uBreakiFix by Asurion opened another franchise location in Laredo, Texas, offering repairs for consumer electronics such as smartphones, tablets, computers, game consoles, smart speakers and drones. Continue Reading
BHS-Sonthofen offers a series of equipment that can be put together to process batteries. | Courtesy of BHS-Sonthofen
Equipment supplier BHS-Sonthofen is highlighting equipment that recovers metals from e-scrap at a global environmental technology trade show this year in Munich. Continue Reading
Umicore’s recycling division saw its adjusted earnings before interest, taxes, depreciation and amortization fall 30% year over year. | Gualtiero Boffi/Shutterstock
Metals mining and smelter company Umicore described its recycling business as “resilient” in 2023, noting it was “below the exceptional performance” of the year before but still above pre-2020 levels. Continue Reading
Robotic sorting systems that have reached end of life are being processed by ITAD firm First America. | Courtesy of First America
Robotic sorting systems are increasingly making their way into e-scrap and ITAD facilities, where they help categorize, sort and even disassemble devices. Now, they’re entering one processor’s facilities as part of the end-of-life stream. Continue Reading