What is e-waste??
1. 80 to 85% of electronic products are discarded in landfills or incinerators, which can release certain toxics into the air.
2. E-waste represents 2% of America's trash in landfills, but it equals 70% of overall toxic waste. The extreme amount of lead in electronics alone causes damage in the central and peripheral nervous systems, the blood and the kidneys.
3. 20 to 50 million metric tons of e-waste are disposed worldwide every year.
4. Cell phones and other electronic items contain high amounts of precious metals like gold or silver. Americans dump phones containing over $60 million in gold/silver every year.
5. Only 12.5% of e-waste is currently recycled.
6. For every 1 million cell phones that are recycled, 35,274 lbs of copper, 772 lbs of silver, 75 lbs of gold, and 33 lbs of palladium can be recovered.
7. Recycling 1 million laptops saves the energy equivalent to the electricity used by 3,657 U.S. homes in a year.
8. E-waste is still the fastest growing municipal waste stream in America, according to the EPA.
9. A large number of what is labeled as "e-waste" is actually not waste at all, but rather whole electronic equipment or parts that are readily marketable for reuse or can be recycled for materials recovery.
10. One metric ton of circuit boards can contain 40 to 800 times the amount of gold and 30 to 40 times the amount of copper mined from one metric ton of ore in the US.
11. The e-waste and reverse logistics market has become a $100B+ annual business (Source: Blumberg Associates), excluding much of the resale of still usable goods that flood the marketplace as new updates in software and hardware are released. Furthermore, as environmental legislation and policies sets more stringent requirements for the disposal of these items, many analysts and practitioners expect e-waste to grow faster than any other waste stream over the next 5 years. The benefits of e-waste management and recycling are many, including conservation of natural resources, creation of new jobs, prevention of environmental contamination by toxic chemicals, and reduction of energy requirements.
E-Waste Systems, Inc. focuses on providing waste electric and electronic equipment processing services in North and South America and Europe. Its services would include primarily e-waste recycling, repair/refurbishment, and electronic asset recovery. The company repairs and refurbishes various products and materials, including consumer electronics, such as cell phones, DVDs, and televisions; IT equipment comprising computers, monitors, and hard drives; high-end communications equipment consisting of server plants; electronic lighting; electronic tools/industrial electronics; and high-end electronics used in medical and health care. Its IT asset recovery services offer a range of recovery processes comprising site clearance and removal, secure data destruction, reuse of functional units, asset tracking, and warranty and non-warranty returns services. E-Waste Systems, Inc. would also sell segregated raw materials, such as plastics, steel, aluminum, glass, and precious metals to downstream processors for resale and reprocessing into raw materials for use in manufacturing. The company was formerly known as Dragon Beverage, Inc. and changed its name to E-Waste Systems, Inc. on May 2011. E-Waste Systems, Inc. was founded in 2008 and is based in Los Altos, California.