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Tag Archives: markets

Circular economy drawing investment interest

Published: May 12, 2022
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Market graph.

Investor interest in waste reduction and recycling is rising steadily, according to an investment manager. | Sittipong Phokawattana/Shutterstock

As aspirations for a circular economy continue to gain traction, some financial index providers are urging investors to take notice of what they call an emerging opportunity.

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Trade-in firm reports higher values for used phones

Published: April 20, 2022
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Assurant reported that the average value of a traded-in iPhone in 2021 was up 17% from the year before. | Franz12/Shutterstock

Consumers are waiting longer to trade in old phones, but rising values meant that 2021 saw the highest amount of money Assurant has ever recorded going back to consumers, according to an annual report. Continue Reading

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Workforce inclusion program receives funding for 2022

Published: April 14, 2022
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The Mitsubishi Electric America Foundation (MEAF) has provided $75,000 to fund the e-Stewards ADVANCE+ program for 2022. | Courtesy of e-Stewards

A $75,000 grant will extend an e-Stewards program that helps electronics recycling and reuse companies hire adults with autism and other disabilities.

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Echo reports acquisitions and higher profits in 2021

Published: March 24, 2022
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Echo Environmental site in Carrollton, Texas.

Echo Environmental is based in a massive processing facility in Carrollton, Texas, which is a suburb of Dallas. | Google Streetview

Strong commodity markets, a booming device resale business and a couple of acquisitions drove profitability for a group of southwestern U.S. electronics processors last year.

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Sims repurposes more material and grows revenue by 9%

Published: March 17, 2022
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Reviewing business documents.

Sims Lifecycle Service reported earnings for the first half of the 2022 fiscal year were up about 46% year-over-year. | suphakit73/Shutterstock

ITAD and data center services company Sims Lifecycle Service boosted its sales and profits during the latter half of last year, according to recent financial filings.

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Precious metals market drives Umicore 2021 growth

Published: February 24, 2022
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Umicore logo on a screen under a magnifying glass.

Umicore recovers a number of metals from scrap materials at its smelting and refining complex in Hoboken, Belgium, including printed circuit boards from North America. | Pavel Kapysh/Shutterstock

Metals mining and smelter company Umicore notched all-time record revenues and earnings in 2021 due to the high prices of precious metals, with recycling revenue increasing by one-third.

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Gold prices appear uncertain in 2022

Published: February 3, 2022
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Scrap PCB materials for recycling.

A brewing military conflict in Eastern Europe and U.S. monetary policy changes are among the numerous influences on the price of gold, a key e-scrap metal. | Sebastian_Photography/Shutterstock

Just a couple months ago, experts were predicting a continued rise in gold prices because of inflation concerns. Now, with global and domestic developments, the outlook isn’t so certain.

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New solid-state drive tech could edge out HDDs

Published: January 27, 2022
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Micron 2400 SSD group

The Micron 2400 SSD is available in a size as small as 22 millimeters by 30 millimeters, 63% smaller than the current benchmark of 22 by 80 mm for small-form-factor internal SSDs. | Courtesy of Micron

Micron Technology has started offering a solid-state drive it says is significantly smaller and thinner than others, potentially leading to a decrease in the use of HDDs in future laptops.
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