RecycleNet Corporation
Compainies - Overview Business Model Feedback
   
  Home

Our Ventures


Our Services

Investor Fact Sheet

Press Releases

Company History

Management Team

Business Model

Contact Us
 
   
 
 

 

RecycleNet Introduces Grades & Specifications for WEEE Scrap

SALT LAKE CITY, UTAH, June 15, 2005 —Electronics recycling has been one of the fastest growing areas of the recycling industry. Traditional computer recycling has evolved to encompass waste electronics and electrical equipment (WEEE); this includes anything with a battery or an electrical cord.

In response to the changing needs in the industry, RecycleNet (OTC-BB: GARM) has established a series of grades and specifications to aid in the collection, sorting and trading of WEEE scrap.

WEEE scrap has been segmented into 4 groups designated by the letters M, F, B and C. The M group includes all items with a cathode ray tube (CRT). The F group includes all items with a flat screen display (LCD - liquid crystal display or plasma technology). The B group includes all items that contain a battery (excluding those items with monitors or flat screens). Lastly, group C includes those items with an electrical cord with no monitor, flat-screen or battery.

Each of the 4 groups is then subdivided into classifications by weight. These classifications are separated by items that weigh less than 10 lbs., items that weigh 10 to 50 lbs., and those items over 50 lbs.

In addition, grades and specifications have been established for Poly E-Scrap to facilitate the recycling of mixed plastics from electronics.

The grades and specifications are available on-line at www.WEEEscrap.com.

RecycleNet operates a secondary commodity exchange (www.recycle.net) which is a marketplace for the entire spectrum of scrap materials, including electronic scrap. RecycleNet system attracts more than 2.5 million users each month from over 150 countries worldwide and receives over $200 million USD of exchange listings on average business day.

For further information contact:

Paul Roszel
RecycleNet Corporation

Tel. (801) 531-0404

2005 News Releases
2004 News Releases
2003 News Releases
2002 News Releases
2001 News Releases
2000 News Releases
1999 News Releases

 

File No.: 2994

News our servieces Feedback