Millions of dollars have recently flowed to two battery recycling startups. | fizkes/Shutterstock
Two Northeast U.S. battery recycling startups recently received substantial investments to help them scale up.
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A recent EPA report noted that beyond the immediate health and safety concerns, batteries can create a substantial financial burden for e-scrap companies. | skimin0k / Shutterstock
Federal officials recently examined battery-related fires in a variety of recycling settings, including electronics processing sites. In addition to noting safety concerns, the analysis determined that batteries “jeopardize the economics of the electronics recycling industry.”
CircleIT currently operates two processing facilities, one in Oklahoma City and one in Memphis, Tenn.. | dasytnik / Shutterstock
Oklahoma City-based HiTech Assets has changed its name to CircleIT and is moving further into device repair and refurbishment.
Curbside e-scrap collection will restart in Staten Island beginning Sept. 7. | Roman Babakin / Shutterstock
The pandemic put a pause on one electronics collection effort throughout New York City, but it is slowly returning in phases.
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.
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.
Anuar Garcia, founder and CEO of GreenTek Solutions. | Courtesy of Apple
GreenTek Solutions was selected to participate in Apple’s new Impact Accelerator program, which supports racial and ethnic minority-owned businesses in the green technology and clean energy sectors.