Plastics recycling technology expert Stadler has announced the acquisition of a majority stake in weeeSwiss Technology AG, which specialises in the design, construction and operation of turn-key electronics recycling solutions.
‘A perfect fit,’ states Stadler’s ceo Willi Stadler. ‘Through this partnership we are extending our product line to include electronic waste, which is set to become an increasingly important sector in the recycling industry.’
Worldwide e-scrap and e-scrap plastics form the fastest growing waste stream, currently amounting to an annual 50 million tonnes. Boosted by legislation, demand for electronics recycling solutions is on the rise.
‘Great opportunity’
‘With the growing needs of the market for metals that are directly involved in the evolution of our technologies, e-scrap recycling is gaining importance by the day,’ says Jochen Apfel, ceo of weeeSwiss. ‘It is a business with great opportunities because demand is driving commodity prices, resulting in a quick return of investment.’
Together we’re stronger
The two companies will combine their expertise in the joint development of new solutions, processes and technologies for electronics recycling. These efforts will benefit from the resources of Stadler’s innovation & test centres in Altshausen, Germany and Krsko, Slovenia as well as existing collaborations that weeeSwiss has established with Swiss universities.
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