An ERI collection event in Madison, Wisconsin, detailed in the company’s 2024 impact report. | Photo courtesy ERI
Last year was a busy one for ERI, bringing the launch of the company’s first in-house alkaline battery processing facility, establishment of a new stable e-plastics downstream and the rollout of the latest edition of the company’s automated device identification system.
Although carbon certificates have existed in other sectors for some time, the new platform tailored for electronics recycling is the first of its kind. | Doidam 10/Shutterstock
European advisory firm Bloom ESG has launched the first carbon inset registry specific to the ITAD and e-scrap sectors, in partnership with Wisconsin-based Dynamic Lifecycle Innovations. 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
Iron Mountain reported $1.6 billion in revenue for the first quarter, an increase of 7.8% compared to the same period last year, and Echo saw sales growth jump by 8.8% on the year. | JHVEPhoto/Shutterstock
Recent earnings reports from Iron Mountain and ITAD company Echo’s parent company showed overall growth and pointed to headwinds in data center decommissioning and personal devices. Continue Reading
The announcement is the latest in a yearslong string of financial troubles for Li-Cycle. | Around the World Photos/Shutterstock
Li-Cycle, once poised to build the first lithium-ion battery recycling facility of its kind in North America, is changing its leadership and limiting operations as it tries to sell the business or its assets. Continue Reading
The Mamba Board line features composite boards made from recycled e-plastics. | Courtesy of RePolyTex
E-plastics processor Synergy Electronics Recycling and its subsidiary, RePolyTex, have expanded their product line of composite boards made with recycled e-plastics and recently earned recognition from the Carolina Recycling Association. Continue Reading
CalRecycle adjusts the amounts paid to recyclers to cover the average net costs of collecting and recycling covered products every year. | Anake Seenadee/Shutterstock
The California Department of Resources Recycling and Recovery has proposed increasing some payment rates for processors who participate in the state e-scrap program. Continue Reading
Company leaders said CTL’s acquisition of 3R Technology will open up new growth opportunities for both companies. | Loocmill/Shutterstock
CTL Corporation, an Oregon-headquartered cloud-computing company with a focus on education and enterprise, acquired ITAD firm 3R Technology in a move to create a one-stop shop for clients of both companies. Continue Reading
CEAR in 2024 processed 12 million pounds of electronics at its electronics recycling facility in the Sacramento area. | Photo courtesy CEAR
Longtime e-scrap and IT asset disposition firm CEAR has received an investment from a Texas-based capital firm, priming the ITAD operation for future growth. Continue Reading
Li-Cycle announced that without additional funding, it will not be able to continue operations or draw down its federal loan. | T. Schneider/Shutterstock
Facing continuing losses year over year, lithium-ion battery processor Li-Cycle voiced concern in recent SEC filings about its ability to “achieve or sustain profitability” and repay its debts, as it has for several years. Continue Reading