U.S. remarketers now have the option of having Phonecheck evaluate and produce reports on their devices sold through the eBay Refurbished program. | Michael Vi/Shutterstock
One of the world’s biggest e-commerce channels, eBay, has launched a program allowing refurbishers to sell Phonecheck-certified devices through the platform. One expert explained what the development means for remarketers.
E-Scrap News spoke with a number of processors who have experienced dramatic market pricing shifts in recent months.| ND700/Shutterstock
Changes to CalRecycle’s per-pound payments to e-scrap processors will go into effect July 1. | penofoto/Shutterstock
This story has been updated.
Attention, California e-scrap processors: A pay raise is coming.
TerraCycle US reported income (before income taxes) was $7.5 million for 2020, up 89% from the prior year. | Courtesy of TerraCycle
TerraCycle US’s Regulated Waste recycling business continued to experience financial losses last year, but they weren’t as bad as the year before.
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.
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
Grover has now reached a valuation over $1 billion. | TippaPatt/Shutterstock
Device-leasing company Grover has raised another $330 million, following its recent expansion to the U.S.
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.
Sage Sustainable Electronics facility in Reno, Nev. |
Courtesy of Sage
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.