As CRT cleanup litigation reaches a conclusion in Ohio, a similar legal battle is ramping up in Arizona. | Courtesy of EnSafe
An $11.2 million cleanup, $9.6 million property sale and $1 million “orphan share” – those were just a few key figures to emerge as the years-long legal battle over Closed Loop’s massive stockpile concludes.
Washington state has never before collected fewer pounds of electronics through its e-scrap program.
The ERI facility in Lincoln Park, N.J.
While many e-scrap companies have begun avoiding the CRT-heavy streams that define local government collections, the leader of one major processor says cities continue to be valuable partners for his firm.
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.
The Canadian processor reported that 77% of its employees are male and that the average number of years worked at the company is 5.5. | Courtesy of Quantum
Quantum Lifecycle Partners recycled 83.6 million pounds of e-scrap and reused nearly 410,000 assets and components during the 2022 fiscal year, according to the company’s first impact report.
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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Despite increasing funding for free drop-off events, manufacturers as a whole failed to reach their e-scrap recycling targets in Wisconsin last year. | Blulz60/Shutterstock
Wisconsin residents have enjoyed a noticeable boost in free e-scrap drop-off opportunities lately, thanks to a state grant program and increased funding from OEMs, according to a state official and report.
The latest details on Apple’s recycling automation technologies was of interest to readers in 2022. | Courtesy of Apple
Examining the trends that pushed and pulled on the industry over the past year can help provide insight into the 12 months yet to come.
Technologies Displays Mexicana (TDM) is the latest to shut down its CRT operations, following companies such as Camacho Recycling and Nulife Glass. | Google streetview
TDM, a Mexican company that has recycled millions of pounds of CRTs from the U.S., closed its CRT recycling business this year.