In certain WEEE markets (e-scrap to our USA and Canadian customers) such as the United Kingdom POPs (Persistent Organic Pollutants) are a hot topic in the industry.
As with all businesses e-scrap recyclers have been severely affected with the pandemic of COVID-19 with some markets stating up to an 80% drop on in bound volumes of material for processing, others have closed entirely for an unknown period.
With the financial crisis of 2008 the recycling market proved to be resilient despite raw material prices falling or end markets for certain raw materials drying up. At FPD Recycling we are confident our industry is strong and will return with a likely surge in material for processing,
Sporting events in 2020 have been postponed globally, Tokyo Olympics, English Premiership football/soccer, Wimbledon Tennis Tournament, American Football, International Golf events the list continues of postponed sporting events. These tournaments have been rescheduled to later this year or in most cases 2021, this will likely show an uplift in the purchase of new televisions with a surge of old screens requiring processing.
As the lock down and stay at home orders since March 2020 have been enforced, internet sales have surged including those of flat panel displays as families stay at home but are unable to dispose of their old flat panel display having to store the old unit until the stay at home ban ends allowing for disposal.