Autumn issue 2018

Page 8 from: Autumn issue 2018

... processes nearly 4 000 tonacs annually while employing around 600 workers. A commission report notes Texas managed a recycling rate of approximately 23% in 2015. The economic output of Texas-based manufacturers incorporating recyclable materials int...

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Ecomondo addrEssing
‘hot issuEs’ of thE
circular Economy
Recyclers and recycling equipment sup-
pliers in Italy as elsewhere are counting
down to Ecomondo 2018, the interna-
tional trade fair covering the broad recy-
cling and energy recovery sector, to be
held on 6-9 November in Rimini.
Hailed as the leading green expo in the
Euro-Mediterranean region, Ecomondo
again brings together all sectors involved
in the circular economy. Topics to be
highlighted include: the European strate-
gy for plastics and its developments; the
most advanced experiences of the circu-
lar bioeconomy in OECD countries;
Industry 4.0 applications in waste man-
agement and recycling, etc. Also, there
will be presentations and keynote
speeches from both Italian and foreign
recycling (technology) experts.
The 22nd edition of Ecomondo will take
place at the Rimini Expo Centre and is
organised by Italian Exhibition Group. On
Wednesday 7 November, a special con-
ference session is dedicated to the EU
strategy for plastics, launched by the
European Commission in February of this
year.
In addition, a session highlighted as
“Circular Bioeconomy: National Case
Studies of Innovation Ecosystems’’, will
spotlight latest developments and best
practices in this field expertise from
Japan, USA, France, Finland, Norway,
Sweden, Belgium and, obviously, Italy.
www.ecomondo.com

transpErE-ims dEal strEngthEns us
E-scrap nEtworK
US e-cycler and data destruction specialist Transpere Corp. has
acquired IMS Electronics Recycling in a deal which it says will help
expand its operations from Texas to other states such as California
and Ohio.
‘IMS Electronics Recycling has been a proven leader in the informa-
tion technology asset disposition and e-scrap industries for many
years,’ says Transpere ceo and president Rick Lewis. ‘We are excit-
ed to bring IMS onboard and look forward to growing our com-
bined market share nationwide.’ Lewis is confident the acquisition
will allow Transpere to better serve existing clients and provide
‘additional capacity to generate new relationships’. The Dallas-
headquartered company aims to be a ‘world class leader’ in elec-
tronic recycling services and data destruction.
E-scrap companies in Texas inject more than US$ 200 million (EUR
173 million) into the state’s economy every year, according to the
Texas Commission on Environmental Quality. The sector processes
nearly 4 000 tonacs annually while employing around 600 workers.
A commission report notes Texas managed a recycling rate of
approximately 23% in 2015. The economic output of Texas-based
manufacturers incorporating recyclable materials into their manu-
facturing processes was almost US$ 3 billion that year.

rEcycling tEch marKEt worth 1.2
Billion By 2025
Efficient recycling technology is becoming increasingly more
important and it is estimated that the worldwide recycling
equipment and machinery market will exceed US$ 1.2 billion
(EUR 1.05 billion) by 2025.
The rising trend of recyclability of materials across sectors
including the automotive industry and construction is a ‘major
factor’ fuelling the worldwide recycling equipment and machin-
ery industry, according to the new report by Global Market
Insights. The estimated value of the international recycling tech
sector by 2025, may partly be attributed to the ‘active partici-
pation’ of regulatory bodies driving a reduction in greenhouse
gas emissions and a smaller carbon footprint.
Baler presses will dominate the machinery landscape with a
30% share in the overall recycling equipment and machinery
market, according to the report. Analysts anticipate that metal
baling will record a compound annual growth rate of 5.7% over
2018-2025, with a target revenue of US$ 390 million by 2025.
Meanwhile, the plastic recycling equipment and machinery sec-
tor is expected to witness ‘significant gains’ over the coming
eight years. This niche market will see a year-on-year growth
rate of 6.3% during the 2018-2025 period, with a target reve-
nue of US$ 470 million by 2025. The study points out that an
estimated 7.7 billion tonnes of plastic is manufactured across
the globe every year; out of which 5.4 billion tonnes is not recy-
cled.
The Asia Pacific region’s market is forecast to exceed US$ 450
million by 2025, with China as a major revenue earner.

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