The financial costs from Morgan Stanley’s ITAD project mismanagement have grown to over $163 million. | JHVEPhoto/Shutterstock
This story has been updated.
Morgan Stanley’s years of IT asset disposition errors have cost the banking giant over $163 million, according to an updated E-Scrap News tally. New details on the data loss incidents have also recently come to light.
Glencore’s Horne smelter is facing public concerns over air pollution. | Courtesy of Glencore
The top government official in Quebec suggested public concerns over air pollution could lead the province to close Glencore’s Horne smelting site, a key downstream for North America’s e-scrap.
Sims Lifecyle Services, a subsidiary of Sims Limited, aims to become carbon neutral by 2025. | Gorodenkoff/Shutterstock
Sims Limited is looking to slash its emissions from electricity and fuel with a series of steps outlined in its inaugural climate report.
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An e-plastics focused session at the 2022 E-Scrap Conference brought attendees perspectives from domestic processors. | Big Wave Productions/Resource Recycling, Inc.
Two businesses with unique approaches to meeting the goal of domestically processing e-plastics shared their plans at the 2022 E-Scrap Conference.
Sony and EWASTE+ join a group of companies that have settled in court regarding CRT cleanup costs in the Closed Loop case. | Aerial Mike/Shutterstock
Sony Electronics and EWASTE+ agreed to pay a combined $2.4 million to end their years-long entanglement in a lawsuit over CRT materials abandoned in Ohio.
An IPO would bring Ingram Micro back to U.S. stock exchanges. | JHVEPhoto/Shutterstock
Ingram Micro, which owns a global ITAD division, has filed with federal regulators to become a publicly traded company once again.
A panel moderated by Adam Shine (far left) featured market insights from Joe Pickard (second from left), Walter Alcorn (second from right) and Craig Boswell (far right). | Big Wave Productions/Resource Recycling, Inc.
Battery-embedded products, market uncertainty and evolving ITAD services are shaping the future of electronics recycling, industry experts noted last week.
Total Reclaim’s CEO Bobby Farris was hired three years ago to “rehabilitate the organization” after an export scandal. | Courtesy of Total Reclaim
Bobby Farris now has full control of Washington-based Total Reclaim, and he is targeting additional markets for the processor.
A session at the E-Scrap Conference featured evTerra’s Jeff Gloyd, left, and Chris Kaasmann of GreenChip. | Big Wave Productions/Resource Recycling, Inc.
More than 1,000 e-scrap and ITAD leaders are gathering this week in New Orleans, with much of the discussion focusing on business opportunities tied to wider circular economy trends.