processors

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. 

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.

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. 

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.

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. 

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. 

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. 

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.

Global ITAD company TES processed a slightly lower weight but higher quantity of assets in 2023, the company recently announced. 

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.