Grant money will fund a portable hard drive shredder for Comprenew’s U.P. location in Marquette, Mich. | Courtesy of Comprenew.
The state of Michigan will help fund the expansion of e-scrap collections in the Upper Peninsula, a broad area where dumping of used electronics has been a problem.
The value of gold has risen 15% since spring. | Dominic Warren/Shutterstock
A slowing global economy and rising fears over trade wars have produced steep changes in the value of scrap metals in obsolete electronics. Some prices have risen handsomely while others have fallen sharply.
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India was the second largest importer of U.S. scrap plastic during the first six months of 2019. | Avigator Fortuner/Shutterstock
Recovered plastic, including material from end-of-life electronics, has largely stopped flowing from the U.S. into India, which until recently has been among the top importers of scrap plastics.
During the 10 years Arrow operated in the ITAD sector, e-commerce increased and became a competitor to the company’s business model. | dokurose/Shutterstock
Evolving ITAD economics contributed to Arrow Electronics’ decision to jettison that segment of its business, according to company leaders.
Clover has recently hired debt restructuring advisers. | antb/Shutterstock
Clover Technologies Group, the world’s largest collector of used printer cartridges, is suffering financial problems caused by heavy debt and the loss of two customers.
Glencore’s recycling division serves as a downstream outlet for a variety of e-scrap materials. | science photo/Shutterstock
The shuttered BlueOak Arkansas e-scrap metals facility has been acquired by Glencore, which is working to start up operations at the site.
Three former Closed Loop sites in Columbus, Ohio currently hold an estimated 159 million pounds of CRT glass. | Somchai Som/Shutterstock
More e-scrap companies are looking to settle in a legal battle over CRT stockpiling by Closed Loop Refining & Recovery. Another firm is mounting an outreach campaign arguing that suppliers who completed due diligence are not liable for cleanup costs.
Ongoing economic uncertainty has contributed to the freight market shift. | Vitpho/Shutterstock
Multiple factors have led to lower demand for trucking, bringing shipping cost relief to many in the recycling industry.
A bill from Minnesota Rep. Ilhan Omar provides federal funding to help local municipalities invest in electronics reuse and recycling. | Supachai Pakdeesrisakda/Shutterstock
Legislation introduced last week establishes federal grants to boost electronics recycling and reuse.
Outside of its ITAD division, Arrow is a massive supplier of electronic components and posted 2018 sales of $30 billion. | Suphaksorn Thongwongboot/Shutterstock
The shutdown of a major ITAD business has generated unprecedented response from fellow asset disposition companies, which are looking to pick up customers left without a service provider.