Page 9 from: January / February 2013
N E W S
People
Joke of the Month
Business
Sponsored by
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Machinery, Inc.
www.sierraintl.com
Sierra Europe
Recycling
www.sierraeurope.com
9January/February 2013
For more daily free global recycling news, visit
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We recycle all kinds of metals and plastics
shipping them to more than 15 contries
around the world
Bernardo Llaguno Garza
[email protected]
www.riisa.com.mx
Monterrey Technology Park, Carretera a Laredo km. 25.2, Cienega de Flores
NL. México, Phone: +52 (81) 8154-1900 Fax: +52 (81) 8154-1901
RECYCLING
MEXICO
A ‘spate of spurious business offers
in the international recycling industry
involving non-existent cargoes of scrap
metal’ has left the BIR world recycling
organisation ‘very concerned’.
In recent weeks, several cases have been
reported to the Brussels-based body of
scrap cargoes being offered to member
companies ‘at knock-down prices’. But
after verifi cation through the London-
based International Maritime Bureau
(IMB), which forms part of the Commer-
cial Crime Services anti-crime unit of the
International Chamber of Commerce, it
became apparent that associated docu-
ments ‘were not authentic’. And in sev-
eral cases, BIR adds, ‘the same documents
had been presented on multiple occa-
sions with different company names’,
suggesting that either the same individu-
als were behind the offers, or that the
documents were available in the public
domain and were ‘ready to be manipu-
lated by any fraudulent individual’.
According to the IMB, with which BIR
has an agreement to share information
on fraud and theft in the recycling indus-
try, further analysis revealed the offers
were quite frequently made in the name
of real traders whose identities had been
‘cloned’ for fraudulent purposes. One
strategy appeared to be the creation of
a new website with a domain name
similar to that of the genuine company,
featuring its contact details but with dif-
ferent telephone numbers. It also found
that email communications allegedly
sent from a UK-based company were
actually generated in Nigeria.
The IMB has also seen a number of cases
of major carriers’ websites being cloned
to provide convincing tracking facilities
– ‘often hosted on domains with names
similar to the genuine carrier’s website’.
Once funds have been handed over but
the customer has failed to receive the
goods, there is very little he or she can
do to recover the loss, states BIR. Law
enforcement officers will not get
involved unless there is proof a crime
has been committed in their jurisdiction.
In addition, many of the cases involve
funds of under US$ 100 000 – ‘making
them quite often low priority for the
already overburdened police’.
BIR is urging its members to report any
suspicious documents or fraudulent activ-
ity to the IMB ‘so that the information can
be disseminated to manage risk’.
www.bir.org
BIR fraud alert follows
‘spurious’ offers
Bernhard Reiling
The German Federal Association of Secondary Raw Materials and Waste Manage-
ment (bvse) has installed Bernhard Reiling, a glass recycling specialist and
entrepreneur, as its new President. The bvse will continue to ‘adopt a combative
attitude towards any parties or communities attempting to penalise medium
recycling players’, Mr Reiling has assured. www.bvse.de
Chris Jones
The London Metal Exchange (LME) has appointed Chris Jones as Chief Risk
Offi cer for LME Clear, which it hails as a major step in the LME’s self-clearing
programme. Mr Jones will take up the role in early 2013. www.lme.co.uk
Graig A. Feldman
Graig A. Feldman has become President of US scrap processor and trader David
J. Joseph Company (DJJ) with direct responsibility for all businesses and activities
across the Joseph Family of Companies. www.djj.com
The Night Nurse
A very tired nurse walks into a bank, totally
exhausted after an 18-hour shift. Preparing to write
a check, she pulls a rectal thermometer out of her
purse and tries to write with it.
When she realises her mistake, she looks at the
fl abbergasted cashier, and without missing a beat, she says: ‘Well, that’s
great….that’s just great…..some asshole’s got my pen!’
Sims Metal Management
In the USA, Sims Metal Management has sold its Arizona scrap metal recycling
assets to SA Recycling LLC (SAR) – a joint venture owned equally by SimsMM
and Adams Steel, with operations in California, Nevada and Arizona. Concluded
for US$ 35 million in cash, the sale principally involves the real property related
assets for two scrap metal recycling facilities located in Phoenix and Tucson.
www.simsmm.com
Hewlett-Packard
In a bid to recycle more electronics in East Africa, US-based multi-national Hewlett-
Packard (HP) has been operating ‘the fi rst advanced e-scrap processing plant’ in
the region under the name East Africa Compliant Recycling (EACR). HP hopes the
venture will help the country deal with the growing volume of mobile phones,
computers and similar electronic equipment generated in East Africa.
www.hp.com
Alutrade/New Earth Solutions
UK-based waste treatment and renewable energy specialist New Earth Solutions
has struck a deal with aluminium reprocessor Alutrade to recycle its non-ferrous
metals for the coming 12 months. Once mixed non-ferrous materials arrive at
Alutrade, they will be separated into the different ingredients. The incoming
stream will include cans as well as other forms of metal.
www.newearthsolutions.co.uk
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