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US-based equity firm buys Ingram Micro for $7.2 billion

Published: December 17, 2020
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Keyboard focused on a green "Acquisition" button.

Beverly Hills, Calif.-headquartered Platinum Equity purchased Ingram Micro for about $1.2 billion more than it sold for in 2016. | YuRi Photolife/Shutterstock

Electronics distributing giant Ingram Micro will be acquired by Platinum Equity, but the company does not anticipate significant changes to its ITAD division.

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Copper prices approach eight-year high

Published: December 10, 2020
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Closeup of a circuit board with copper.

Some analysts predict copper prices will increase close to their 2011 record, when the metal was trading for more than $4.50 per pound. | Syafiq Adnan/Shutterstock

Prices for a major metal found in the electronics recycling stream have climbed high in recent weeks, largely driven by China’s economic recovery following its COVID-19 lockdown.

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E-scrap generation on the decline, study finds

Published: December 10, 2020
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Various electronics gathered for recycling.

E-scrap generation, by weight, is down by almost 10% compared with its peak in 2015. | DAMRONG RATTANAPONG/Shutterstock

The weight of electronics entering the recycling stream has dropped consistently since hitting its peak in 2015, according to new research. The shift has implications for device processing and policy development.

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In My Opinion: Big changes make for bigger opportunities

Published: November 12, 2020
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Mixed e-scrap gathered for recycling.

EPRA helps prevent electronics from ending up in landfills by providing Canadian businesses and citizens of Ontario access to secure and convenient electronics recycling options through over 2,500 drop-off locations. | cate_89/Shutterstock

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Samsung supports franchise repair firm’s e-scrap collection

Published: December 3, 2020
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The sign of a UBreakIFix location in California.

In a partnership with Samsung, uBreakiFix will now accept a variety of electronics for recycling at its 550-plus U.S. storefronts. | David Tonelson/Shutterstock

Scrap electronics will be accepted free of charge for recycling at hundreds of uBreakiFix retail locations, through a new partnership with Samsung.

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Former president of CRT processor sentenced to prison

Published: December 3, 2020
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Court gavel resting on a book.

For years, 5R stockpiled millions of pounds of CRT glass in two states – and hid the violations from regulators and auditors – before the company failed. | Evlakhov Valeriy/Shutterstock

After admitting to his role in a CRT-stockpiling scheme and his company’s legal troubles, an executive at defunct 5R Processors has been ordered to serve 18 months in prison.

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Survey probes COVID-19 e-scrap impact on enterprises

Published: November 19, 2020
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Hands at work on a laptop.

Most enterprises say they’ve purchased laptops because of the pandemic, and most plan to resell the devices when they’re no longer needed. | Alex Ruhl/Shutterstock

Nearly half of large organizations have created job positions related to managing scrap electronics generated during the pandemic, according to a survey.
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Major OEM settles in Closed Loop cleanup case

Published: November 19, 2020
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CRT materials spilled in the former Closed Loop facilitiy.

Sony’s payment will help fund cleanup of the estimated 160 million pound stockpile at two Ohio facilities. | Courtesy of EnSafe.

Sony Electronics agreed to pay $1.2 million to settle allegations that the company is liable for CRT materials abandoned by Closed Loop Refining and Recovery.

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