THE STATE OF OKLAHOMA JOINS THE LAUNCH OF THE
RECYCLENET COMPOSITE INDEX
June
8, 1999
Mikael
Prydz, CEO of RecycleNet Corporation (Guelph, Ontario) is
pleased to announce the launch of The Post-Consumer Recyclables
Index.
RecycleNet
welcomes the state of Oklahoma, Wayne Cotton, Administrator,
State Wide Recycling Program, as the first subscriber to
be activated in the The Post-Consumer Recyclables Index.
The
Post-Consumer Recyclables Index functions as a industry
wide "yardstick", reflecting the market trends
for post-consumer (household) recyclable materials (such
as bottles, cans & newsprint) and is part of The RecycleNet
Composite Index.
The
RecycleNet Composite Index measures/monitors the average
market prices of 11 distinct sectors of recyclable commodities
which include:
- Post-Consumer
Recyclables Index
- Computer
& Electronics Recycling Index
- RecycleNet
Automotive Recycling Index
- RecycleNet
Scrap Metals Index
- RecycleNet
Waste Paper Index
- RecycleNet
Textile Fibers Index
- RecycleNet
Plastic Recycling Index
- RecycleNet
Wood Recycling Index
- RecycleNet
Tire & Rubber Index
- C.R.U.M.B.
Rubber Composite Index
- Andela
Scrap Glass Composite Index
The
successful implementation of each of the 11 sectors of The
RecycleNet Composite Index has the potential to significantly
increase RecycleNet’s revenues, and will further reinforce
the predominant position RecycleNet holds as a business
to business trading resource.
RecycleNet
Corporation provides "Global Access to
Recycling Markets" (GARM) through
Recycler’s World, a dynamic Internet portal that facilitates
e-commerce trading.
RecycleNet
Corporation trades OTC BB: GARM
Recycler's World: www.recycle.net
For
further information contact:
Mikael
Prydz - CEO
RecycleNet Corporation
Tel.
(519) 767-2913
1999
News Releases
2000
News Release
