Olympic Medals Made From Recycled Materials Medals awarded at this summer’s Tokyo Olympics were made of recycled electrical devices. According to the International Olympic Committee (IOC), approximately 78,985 tons of discarded devices were col- lected.This includes about 6.21 million used mobile phones, along with digital cameras, handheld games and laptops, all of which were then classified, dismantled and melted down by highly trained contractors. The effort was part of a collection program called the To- kyo 2020 Medal Project, which began in 2017.The project attracted donations and support from 1,300 educational in- stitutions and 2,100 electronics retail stores across Japan. Donation boxes also were strategically placed across Japan for local donations, according to the IOC. Up to 90 percent of Japanese cities, towns and villages participated by setting up donation collection sites where Japanese citizens donated their old electronic devices, re- ports technology publication ZME Science. Through the initiative, the Tokyo 2020 Medal Project col- lected 70 pounds of gold, 7,700 pounds of silver and 4,850 pounds of bronze.The gold alone derived from the project is worth some $2 million, according to ZME Science. This is not the first time Olympic medals have been made from recycled materials. In 2016, the Rio Olympics awarded bronze and silver medals that were made from 30 percent recycled materials, according to the IOC, while medals for the 2019 Winter Olympics also featured recycled-content medals. Indorama Progresses Toward Bottle Recycling Goal Global chemical company and polyethylene terephthal- ate (PET) recycler Indorama Ventures Public Co. Ltd. (IVL), headquartered in Bangkok,Thailand, has announced its sec- ond-quarter 2021 financial results, reporting record core earnings before interest, taxes, depreciation and amortiza- tion (EBITDA) of $477 million. This is a 30 percent quar- ter-over-quarter increase.The company said it is forecasting similar growth in the second half of 2021 and in 2022 as global vaccination programs spur positive sentiment. In its “2019 Annual Report,”Aloke Lohia, group CEO said, social and political pressure on single-use plastics “creates a tremendous opportunity for IVL to enlarge our recycling investments and create a positive impact on global circular economy initiatives.” The company also set a goal that it would recycle 50 bil- lion bottles per year by 2025. Its recent acquisition of CarbonLite’s PET recycling asset inTexas got the company 3 billion bottles closer to reaching that target, while its announced greenfield recycling facility in Karawang, Indonesia,will further its progress toward that goal by almost 2 billion bottles annually.Also in the second quarter of the year, the company launched its Deja Carbon Neutral PET pellet that is made with renewable energy, lo- cally sourced materials and low-impact water transport.
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VAN DYK RECYCLING SOLUTIONS 78 Halloween Blvd. • Stamford, CT 06902 (203) 967-1100 • Fax: (203) 967-1199 Website: www.vdrs.com Email: info@vdrs.com
MATERIAL RECOVERY FACILITIES
HUSTLER CONVEYOR CO. 4101 Crusher Dr. • O’Fallon, MO 63368 (636) 441-8600 • Fax: (636) 441-8611 Website: www.hustler-conveyor.com E-mail: info@hustler-conveyor.com SIERRA INTERNATIONAL MACHINERY 1620 E Brundage Ln • Bakersfield CA 93307 (800) 343-8503
Website: www.sierraintl.com E-mail: info@sierraintl.com
VAN DYK RECYCLING SOLUTIONS 78 Halloween Blvd. • Stamford, CT 06902 (203) 967-1100 • Fax: (203) 967-1199 Website: www.vdrs.com Email: info@vdrs.com
8 August 16, 2021 Recycling Markets
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