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Acquisition helps grow Star’s line of engineered resins

Published: August 26, 2021
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Two people in suits shake hands.

Akoya Capital Partners, a Chicago-based investment company, is the new owner of Star Plastics. | fizkes / Shutterstock

Processor and compounder Star Plastics has been acquired by a private equity firm. Company founder Doug Ritchie said the partnership will help Star expand its product line, which includes recycled resin that is used in electronics.

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Robotics firm claims greater efficiency in a smaller package

Published: August 26, 2021
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EverestLabs robotic cell.

EverestLabs High Recovery Robot Cells performed 104 picks per minute compared to 70 on the company’s Delta system. | Courtesy of EverestLabs

EverestLabs released a robotic sorting system that the company says can perform more picks and fit in a wider range of sortation settings than what has previously been available to processors.

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Morgan Stanley names vendor in data security case

Published: August 19, 2021
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Morgan Stanley company logo on screen under magnifying glass.

A court filing this month revealed more details about data mismanagement that occurred during asset disposition at Morgan Stanley locations. | Mr. Tempter / Shutterstock

Morgan Stanley has identified the data center decommissioning provider it claims was responsible for a data-breach incident, which led to lawsuits and a $60 million penalty against the financial giant.

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Processor’s profits boosted by pivot to data center work

Published: August 19, 2021
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Data center server room

Sims Lifecycle Services, the electronics processing branch of metals recycling giant Sims Limited, reported boosted earnings during its 2021 fiscal year. | Sanchai Khudpin/ Shutterstock

Sims Lifecycle Services is finding that repurposing data center devices continues to be considerably more profitable than recycling e-scrap, financial disclosures show.

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What do consumers think about data destruction?

Published: August 19, 2021
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A stack of laptops and mobile devices.

Only 11 of 131 study respondents said they didn’t try to remove any personal data before disposing of a device. | Neirfy / Shutterstock

Consumers are overwhelmingly concerned about their personal data, and most of them try to delete it before selling or recycling their devices, according to new research.

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