Wisconsin-based Cascade Asset Management and Ohio-based Sage Sustainable Electronics are planning to merge, an ITAD sector milestone. | Damrong Rattanapong
Cascade Asset Management and Sage Sustainable Electronics are planning to merge, with company leaders saying more details will be released in the future. Continue Reading
Plastic Recycling, Inc. has invested a total of $17 million of dollars into extrusion lines and labs to create recycled ABS and PS compounds from e-plastics. | Courtesy of Plastic Recycling Inc.
Midwest-based Plastic Recycling, Inc. is looking to provide compounds for OEMs and automotive manufacturers that fit a wide range of specifications and just happen to be made from e-scrap. Continue Reading
U.S.-based REEcycle includes a skid mounted drive disassembly system in its arsenal of tools for recovery rare earth elements from magnets. | Courtesy of REEcycle
Rare earth element recycler REEcycle received a $5.1 million award from the U.S. Department of Defense to advance its work in extracting elements critical to neodymium-iron-boron magnets — the key building blocks of renewable energy and national defense technologies. Continue Reading
Cascade described a year of relative stability and continued return to normalcy in the IT asset disposition market. | Courtesy of Cascade Asset Management
An annual industry overview from Cascade Asset Management found resale values have largely returned to pre-pandemic levels, and a majority of surveyed IT asset managers plan to maintain or ramp up technology spending in the coming year. That suggests plenty of incoming ITAD demand. Continue Reading
A site investigation found mercury vapor from lamp recycling throughout an Ohio facility, including administrative offices. | BOONJAEM/Shutterstock
A recent report from a U.S. occupational safety unit found significant levels of mercury vapor throughout an Ohio e-scrap and lamp recycling facility, leading the team to provide recommendations for protecting worker health. Continue Reading
Many of the awarded companies are exploring new ways of recovering rare earth magnets from end-of-life electronics. | stuphipps/Shutterstock
The Department of Energy’s aptly named E-SCRAP prize program has awarded funds to companies engaged in hard drive disassembly, rare earth magnet recovery, hydrometallurgy and e-plastics recycling. More companies are invited to apply this year. Continue Reading
The investment from equity firm Recognize comes after a decade of growth for Sprout. | DimiSotirov/Shutterstock
IT asset disposition company Sprout has received a majority investment from a New York City-based private equity firm, which predicts rising demand for ITAD services in the years to come. Continue Reading
A crucial early step after deciding to incorporate a shredder is to determine what materials a company wants to shred. | Big Wave Productions/Resource Recycling
Evolving technology in electronics shredding can help make value recovery more efficient and profitable, but there are several considerations companies must factor in before investing in new equipment, panelists said at the recent E-Scrap Conference. Continue Reading
Glencore will refine the recovered copper at its Horne smelter in Quebec and its Canadian refinery. | PitukTV/Shutterstock
Metals and rare earth processor Cyclic Materials will send copper from e-scrap, batteries and electric motors to Canada’s Glencore for refining. Continue Reading
During the year, the South Korean company processed more than 100,000 metric tons of assets, and made progress toward its 2030 goal of 1 million metric tons of assets repurposed. | Maxx Studio/Shutterstock
Korea-based ITAD giant SK Tes processed more than 100,000 metric tons of IT assets last year, the company reported in its newly released 2023 sustainability report. Continue Reading