A former e-scrap company executive has pleaded guilty to federal fraud and tax evasion charges, admitting he marketed device destruction and recycling services but actually landfilled e-scrap and sold intact units.
A former e-scrap company executive has pleaded guilty to federal fraud and tax evasion charges, admitting he marketed device destruction and recycling services but actually landfilled e-scrap and sold intact units.
A growing threat in the e-scrap sector received national analysis this week, when The Washington Post visited a processing facility and explored the danger of lithium-ion battery fires.
Yale University researchers estimate 3.5 million metric tons of electronics ended up in U.S. landfills in 2015, significantly higher than government estimates.

Green Tech Solution is developing a recycling facility in Blacksburg, S.C.
A Chinese investment firm is planning a $75 million recycling plant to process e-scrap, plastic and other materials.
ECS Refining’s Silicon Valley location may be purchased by a different processor. Meanwhile, most ECS sites in other states are expected to be cleaned out within a week.
Insurance providers already sell policies to protect companies that lose data to hackers. A new partnership involving e-scrap processor ERI is offering coverage for data loss from physical devices.
An upcoming federal trial will decide how much General Electric must pay for stymying competition in the repair market for its equipment. A jury previously awarded plaintiffs tens of millions of dollars.

An architect’s rendering of the in-progress MCPc facility in Cleveland.
IT logistics firm MCPc is pushing further into the end-of-life device management field and is gearing up to open a large ITAD facility in Cleveland.
A trial is deciding whether federal Superfund law makes three South Carolina counties responsible for costs to remove CRT displays and other material abandoned by shuttered processor Creative Recycling Systems.
Sims Recycling Solutions saw higher earnings during its recently ended fiscal year, bolstered by better profitability at its U.S. operations.
