Though overall revenue fell, profits at global e-scrap company Sims Recycling Solutions grew significantly last year, according to the firm’s latest financial filings.
Though overall revenue fell, profits at global e-scrap company Sims Recycling Solutions grew significantly last year, according to the firm’s latest financial filings.
Recent upward price movements for some precious and base metals have made e-scrap recycling executives happy.
The fate of Nulife Glass is in question, with the firm halting operations as it struggles to meet regulator demands to remove CRT glass stored in warehouses.
Worldwide shipments of PCs continued a nearly three-year consistent decline during the past year, industry analysts reported this month.
A smuggling crackdown in China is causing headaches for U.S. companies that recycle plastics recovered from electronics.
Rhode Island is the latest state to report it is grappling with a shortfall in funding for a manufacturer-backed electronics recycling program.
After receiving $400,000 from the federal government, a New York company is developing a mechanical system that could help e-scrap companies handle printed circuit boards more profitably.
New York’s Tekserve shut down this week after 29 years in business. The company was done in by sustained competition from Apple, the very brand that was central to Tekserve’s business model.
Sims Metal Management’s global e-scrap business saw depressed profits last year, and its U.S.-based electronics recycling operations lost money.
Worldwide shipments of new mobile phones will increase 3.1 percent in 2016, a substantial slowdown from growth in previous years, according to International Data Corporation (IDC).