Samsung Sparks the E-waste Recycling In South Africa

Samsung one of the leading brand in the world and consumes the entire market of shipping the Smartphone in the world about 62% of total consuming of Smartphone have been tackled from Samsung. We could say that Samsung could be that company who must to do something about the e-waste recycling, as they are the leader of the market. So keeping that fact into mind Samsung Electronics South Africa announced a partnership with an e-waste company to encourage the consumer to do something about the garbage and also encourage them to dispose the electronic good with a responsibility. The program holds about 18 collecting stores all over the country to proper dispose the e-garbage or using the Desco/ Samsung bin situated at the end of the stores. This could prove a good move as companies know that their business will not last long if this problem to our environment has not stop. So many firms have taking interest to recycle their old and damaged product to properly restore or dispose them.

Published on a News source “Items that can be recycled include: mobile phones, IT equipment and household appliances. The reason for this is that there is a rise in volumes of electronic waste with a growing need to ensure these items do not end up in landfills. The recycling campaign aims to collect an estimated 3 tons per month, per bin, during the campaign period.”

After this much awareness, there are 20 to 50 metric ton of e-waste have been coming into world every year from all over the globe. Also this move from Samsung could also generate many Jobs in green economy because figure like 20 to 50 metric ton needs a huge plant to process the garbage and plant will need engineers and machinery so there will be a golden opportunity for people and companies too.

The Q1 Results Of E-waste Systems Inc. From 2014

The E-waste System Inc has announces the first quarter results from 2014 revenues, the E-waste Inc is particularly, focused in the Environment business and technology shows the first quarter financial for the ending March 31^st 2014. The results give a glimpse that how company is working in their owned operations and also have seen a raise in both company asset base of $477,343, which is 41% increased from last year and revenue by $509,056. The corp. first quarter results show that the revenue increment is up from $477,343 to $1,631,640, with the 41% of asset growth. The total increment in the revenue as per share is $0.0017. The new acquisitions and operations have brought company to success. The net loss in the revenue per share in the same quarter was $0.02. The major increase is comes from the expansions in the operations and also a $0.0124 boost up in the operating expenses. Now, it is thinking to go global next year with several new plans.

marketwatch says "Expenses were an investment in our future with the vast majority spent on business development providing the foundation for our aggressive growth objectives," E-Waste Systems Inc. CEO Martin Nielson stated. "Increases in both the company's asset base as well as revenues are attributable to the company's implementation of its corporate objectives of asset acquisition, brand promotion and partnerships with companies that have a global reach."

Along with the press and news EWSI has issued an open letter for the shareholder from the CEO, which gives a full and deep knowledge about the firm’s accomplishments and other achievements so far. The letter containing the information about the latest funding and other highlights about the company success, the CEO has given a long presentation and how he planned the stratagy, which take here at these points.

WEEE Directive Helps To Build and Save Our Environment

The Recycling of the EE goods is a major part in the Waste and recycling industry and a rapidly growing sector due to a huge acceptance of WEEE directives in UK from the regulations in 2006 and also they accepted the recast after February 2014 because before the acceptance the e-waste was tackled by household waste stream. Keeping out the EEE which was very hazardous for the environment and earth soil, the waste then consequent to EU Waste Catalogue, which represents the six digit number in three sets of two, and toxic element are denoted by an asterisk at the end of the number.  UK is a producer about 2 million tons of WEEE, which are retired by households and companies and most of them are those that need a battery and plugs.

“There are ten broad categories of WEEE outlined within the WEEE Regulations, namely:

• Large household appliances e.g. fridges, cookers, microwaves, washing machines and dishwashers
• Smallhousehold appliances e.g. vacuum cleaners, irons, toasters and clocks
• IT and telecommunications equipment – e.g. personal computers, copying equipment, telephones and pocket calculators
• Consumer equipment e.g. radios, televisions, hi-fi equipment, camcorders ad musical instruments
• Lighting equipment e.g. straight and compact fluorescent tubes and high intensity discharge lamps
• Electrical and electronic tools – e.g. drills, saws and sewing machines, electric lawnmowers
• Toys, leisure and sports equipment e.g. electric rains, games consoles and running machines”

The large commercial appliances make about 40% of the EE such as Fridge, ovens, or washing machine and several other objects with large volume like companies IT equipments like Computers, TVs that are come in 2 million every year and small appliances kettles and hair dryers, electrical tools and mobile phones and digital watches also made a huge part of the overall EE volume in UK.