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Tag Archives: processors

Clover says it will emerge from bankruptcy soon

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Bankruptcy paperwork with calculator.

4L Holdings, the parent company for Clover Wireless, voluntarily filed for Chapter 11 bankruptcy in December. | TheaDesign/Shutterstock

A major North American phone repair and remarketing company has received court approval to restructure its debt, allowing it to come out of bankruptcy in the coming days.

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Sims Recycling Solutions announces major sale

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A map of Europe with various pinned locations.

Sims Recycling Solutions reported tighter profit margins at its continental Europe facilities earlier this year and in 2018. | Aleksandr Grechanyuk/Shutterstock

In a deal worth tens of millions of dollars, Sims Recycling Solutions agreed to sell its European operations oriented toward recycling consumers’ electronics. Sims will retain its ITAD business there.

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Plastics-to-fuel facility to take in e-plastics

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The development of a new domestic e-plastics outlet comes at a time of market turbulence for the low-value materials. | KPixMining/Shutterstock

An Indiana plastics processing operation will consume roughly 40 million pounds of plastic from e-scrap and other products annually. Brightmark Energy plans to start up the facility in mid-2020.

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