Enviri has a goal of deriving at least 90% of its annual revenue from its environmental solutions businesses by 2025 and hit 87% in 2023. | Mameraman/Shutterstock
Industrial and specialty recycled material processor Enviri released its 2023 environmental, social and governance report, which touched on the electronics it recycles via its subsidiary Clean Earth. Continue Reading
Tennessee-based S3 Recycling Solutions recently acquired a Los Angeles-area medical asset disposition company, part of a five-year strategy to manage rapid growth. | Photo Courtesy of S3
S3 Recycling Solutions recently acquired its first location outside of its home state of Tennessee, and plans to make more acquisitions in the next few years to complement the company’s organic growth. Continue Reading
Bloom ESG predicted that in the near future a new generation of environmental certificates, called carbon insets, will become a revenue stream for recyclers. | Chayanuphol/Shutterstock
In the near future, ITAD and e-scrap recyclers should expect industry consolidation and the rise of a new kind of environmental certificate that could create revenue streams for recyclers, advisory firm Bloom ESG predicted in a new white paper. Continue Reading
ERI reintroduced 120.39 million pounds of commodities into the economy and processed 3.6 million pounds of electronics for reuse in 2023. | SibFilm/Shutterstock
Of the 124 million pounds of e-scrap nationwide processor ERI collected last year, 97% was processed for commodity recovery and the remaining 3% went to reuse. That was one takeaway from the company’s latest sustainability report. Continue Reading
To accommodate the upgrade, about 10,000 square feet were added to the existing CompuCycle facility, bringing it to 50,000 square feet. | Myibean/Shutterstock
Houston-based CompuCycle brought its planned plastic sorting line upgrade online, allowing it to process up to three tons of e-plastic per hour, including PS, ABS, PE and PP. Continue Reading
Sunnking Sustainable Solutions recently rebranded to emphasize ITAD, asset recovery, data destruction and environmental, social and governance reporting, and now it has released its inaugural ESG report. | SWK Stock/Shutterstock
After a rebrand earlier this year to focus on environmental, social and governance reporting, Sunnking Sustainable Solutions in New York released its first ESG report, laying the groundwork for short- and long-term goals and reporting on its 2023 numbers. Continue Reading
The Ontario-headquartered company opened in 2021 with two technologies: A magnet removal process called Mag-Xtract and a hydrometallurgical process called REEPure. | Courtesy of Cyclic Materials
Rare earth magnet recycler Cyclic Materials opened its first commercial-scale facility right on schedule, bringing 100 annual tons of recycling capacity to the market to prove its technology works at scale. Continue Reading
Irving, Texas-headquartered Envela is a publicly traded company whose commercial segment includes electronics recovery firms Echo Environmental, ITAD USA, Teladvance, CEX and Avail. | borzywoj/Shutterstock
Envela Corporation, which owns a number of ITAD and e-scrap recycling operations, reported lower sales of secondhand hard drives in the first quarter of the year but higher demand for consumer technology devices.
TES processed 224.4 million pounds of e-scrap last year, slightly less than 234.6 million pounds it handled the year before. | Akiyoko/Shutterstock
Global ITAD company TES processed a slightly lower weight but higher quantity of assets in 2023, the company recently announced. Continue Reading
GreenTek Solutions is starting up a second processing center near its headquarters in Stafford, Texas. | Courtesy of GreenTek Solutions
GreenTek Solutions has grown significantly over the past few years and is in the process of starting up its second processing center near its headquarters in Stafford, Texas. The company’s CEO recently gave more details on the expansion in an interview. Continue Reading