Our top stories from August 2021 – E-Scrap News

Morgan Stanley company logo on screen under magnifying glass.

Details on the vendor involved in the Morgan Stanley data mismanagement case drew attention last month. | Mr. Tempter / Shutterstock

E-Scrap News readers last month were drawn to the latest revelations in a high-profile data mismanagement case, as well as articles about battery fires, processor profits, labor markets and shredding line improvements.

1 | Morgan Stanley names vendor in data security case
Morgan Stanley has identified the data center decommissioning provider it claims was responsible for a data-breach incident, which led to lawsuits and a $60 million penalty against the financial giant.

2 | EPA outlines multifaceted e-scrap threat from batteries
Federal officials recently examined battery-related fires in a variety of recycling settings, including electronics processing sites. In addition to noting safety concerns, the analysis determined that batteries “jeopardize the economics of the electronics recycling industry.”

3 | Processor’s profits boosted by pivot to data center work
Sims Lifecycle Services is finding that repurposing data center devices continues to be considerably more profitable than recycling e-scrap, financial disclosures show.

4 | How firms are addressing lingering labor challenges
With businesses in many sectors scrambling to find and retain workers, electronics recycling and repair companies are bumping pay, offering signing bonuses, holding job fairs and taking other steps.

5 | North Carolina processor upgrades e-scrap line
Synergy Electronics Recycling is improving its shredding and sorting line, allowing the system to produce more e-plastics for plastic plywood manufacturing.

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