News clip for those recently enquiring on how WEEE had impacted the
industry:
Legislation boosts the UK waste electronics recycling market
Source: Business Wire
Published May 21, 2008
The waste electronics recycling industry is rapidly growing in Europe
and this is mainly thanks to legislation; principally the WEEE (Waste
Electrical and Electronic Equipment) Directive complimented by the ROHS
(Restriction On the use of certain Hazardous Substances) directive,
which represent the most important driver in this market. The WEEE
Directive aims to increase the 're-use, recycling and recovery' of waste
by limiting the amount of waste going to final disposal and providing an
incentive for producers to design more environmentally-friendly
electrical and electronic equipment through producer responsibility.
This measure along with associated local legislation has already had a
strong impact on the fast increasing waste stream of electrical and
electronic equipment across the EU.
On this topic Frost & Sullivan will host a free telephone and web
briefing on Tuesday 27 May 2008 at 3.00 p.m. GMT to provide industry
participants with an overview of the Waste Electronics Recycling Market.
With respect to impact, legislation, along with landfill site scarcity
in certain countries, will be the most important driver for both prices
and volumes in the waste recycling industry. Legislation is based on
producer liability and includes a take-back obligation that aggressively
supports recycling of major components. The impact of legislation as a
key driver in this market is already visible in countries which have
created strong local laws to supplement these EU policies.
'The WEE Directive has already spurred on intense interest and activity
in the electronics waste market in Europe. Suppliers recognise this
legislation as a key promoter of activity in the recycling market as is
evidenced by the growing number of associations assisting companies to
comply and regulate the collection, reuse, recycling and recovery of
waste electrical and electronic equipment," observes Suchitra
Padmanabhan, Frost & Sullivan's Programme Manager.
The market is still geographically fairly concentrated with Germany
setting the pace for other countries to follow. The Alpine Region,
consisting of Austria and Switzerland, is also well ahead of most other
European regions. The United Kingdom and Ireland and the Netherlands
also have an important electronics recycling industry that is actively
supported by local legislation and pressure groups, which will shape
market demand. In the future, the relative importance of the French and
Scandinavian (including Denmark, Finland, Norway and Sweden) markets is
expected to grow significantly.
Overall, it is evident that the EU is fiercely committed towards
enhancing its recycling portfolio and reducing the potential impacts of
a rapidly growing electronics and IT industry on the waste management
industry. The recycling market is therefore expected to grow rapidly
over the next 5 years as the rest of the countries in the EU try to keep
pace with both legislation as well as advanced neighbouring countries
with respect to compliance and setting up high environmental standards
for recycling.
Highlights of the briefing include: an analysis of the legislative
trends, market activity in growth regions and some responses companies
have already taken to address this legislation.
This briefing will benefit equipment manufacturers and servicing
companies in the waste management market by discussing emerging trends
and providing forward projections for the European Waste Management
Industry.
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