On Sept. 5, 2024, the Recycled Materials Association (ReMA) and the International Precious Metals Institute (IPMI), leading trade organizations in the precious metals recycling sector, formally expressed their opposition to Senate Amendment 2422, part of the proposed National Defense Authorization Act (NDAA) for fiscal year 2025. In a letter addressed to key members of the…
The Global Recycling Standards Organization (GRSO) announced on Sept. 16 that Shannon Fertitta has been appointed executive director. “We are elated for Shannon to bring her years of experience as a nonprofit leader and her expertise in implementing and operating management systems to GRSO as executive director,” said GRSO Interim Executive Director Rike Sandlin. “Having…
On Monday, Sept. 9, SK tes announced the opening of its state-of-the-art battery recycling facility in Rotterdam in the Netherlands. According to the company’s press release, this milestone underscores SK tes’ commitment to developing a global network of sustainable battery recycling facilities, providing closed-loop solutions essential for the burgeoning electric vehicle (EV) industry. The new…
On Monday, Sept. 9, sustainable end-to-end battery recycling firm cylib broke ground on its first European industrial plant located at Currenta’s Chempark Dormagen in the federal state of North Rhine-Westphalia, Germany. One year after the commissioning of its pilot line in Aachen, cylib is marking the start of its industrial scaling with the groundbreaking ceremony,…
From Monday, Sept. 23 to Wednesday, Sept. 25, the Recycled Materials Association (ReMA) will host the 2024 Roundtables, an event designed to help attendees gain the latest commodity market insights and to network with traders, processors, consumers, and worldwide professionals in the recycled materials industry. Jonathan Christensen is a policy analyst specializing in steel imports…
The 2024 Industry Compensation & Benefits Survey is closing Friday, Sept. 6! It is a member only benefit and is the only comprehensive source of objective salary and benefit data that comes directly from recycled materials industry processors and brokers. Your company can benchmark its compensation and benefits and see how they compare to similar…
Cirba Solutions welcomed David Crane, the Under Secretary for Infrastructure at the U.S. Department of Energy (D.O.E), and Giulia Siccardo, Director of the U.S. DOE Office of Manufacturing and Energy Supply Chains (MESC) to tour the large-scale expansion, currently underway, at Cirba Solutions’ Lancaster, Ohio lithium-ion battery recycling processing facility on Thursday, Aug. 22, 2024….
Reconomy, RLG’s parent company, acquires Vermilion Holdings, Inc. (“Vermilion”), based in Sauk Rapids, MN. Established in 1976, Vermilion manages the track and trace of materials from collection locations to approved sites for reuse, recycling, or secure disposition. The company uses a proprietary technology platform and patented reverse logistics packaging and kiosk collection system. Vermilion’s key…
AMCS and EQT Private Equity announced that EQT X and EQT Future (jointly “EQT Private Equity”) will acquire a majority stake in AMCS. The co-founder, management, and others including existing majority investor Insight Partners, as well as Clearlake Capital, Highland Europe and the Ireland Strategic Investment Fund are expected to retain minority stakes. Founded in…
ERI, an IT and electronics asset disposition (ITAD) provider and cybersecurity-focused hardware destruction company, has launched its first alkaline battery recycling plant. The plant is located within ERI’s existing state-of-the-art, full-service, 315,000 square-foot e-waste recycling and ITAD facility in Plainfield, Indiana, where millions of pounds of electronic waste are responsibly recycled each year. According to…
American Beverage, in partnership with Closed Loop Partners, announced on Aug. 1, a $3 million loan to support the San Antonio-based facility of Balcones Recycling, one of the largest independent privately held recycling companies in the U.S. The loan, part of a multi-million-dollar investment across several partners, supports the development of a new 200,000 square-foot…
There has been an increase in trucks striking overhead wires. Recently, at least two major accidents involving roll-off trucks hitting power lines have been reported. Fortunately, no one was hurt. “Overhead power line contacts with heavy trucks have been steadily increasing over the years and is one of the leading sources of workplace electrical fatalities,”…