SOURCE: Sims Recycling Solutions U.S.

Sims Recycling Solutions U.S.

November 04, 2014 11:00 ET

Puerto Rico Stakeholders Collaborate on E-Waste Solution for the First Time

Government and Industry Leaders Form Multi-Sector Task Force on Regulation and Education

WEST CHICAGO, IL--(Marketwired - November 04, 2014) - Puerto Rico commits to combating the e-waste crisis with a first of its kind multi-sector discussion on new electronics recycling law.

The September 16, 2014 meeting discussed the present stage of the Puerto Rico Electronic Recycling Law 18-2012. Participants focused on planning how to implement regulations of the law's amendment approved September 11, 2014.

The first-of-its-kind meeting was attended by a range of stakeholders. Government officials and agencies such as the Environmental Quality Board (EQB) and the Solid Waste Authority (SWA), Original Equipment Manufacturers (OEMs) and e-waste recyclers contributed unique perspectives on new regulation.

HP and Dell discussed their present e-waste programs in other areas as models for implementing Puerto Rico's new amendment law. Sims Recycling Solutions attended the meeting with Nova Terra, Inc. to collaborate on responsible e-waste solutions for the region.

"Sims Recycling Solutions takes great pride in supporting Puerto Rican legislative efforts along with Nova Terra," stated Sean Magann, vice president of Sims Recycling Solutions. "Responsible recycling and data security should be on everyone's agenda and Puerto Rico is signaling that they are an early adopter. We look forward to providing continued support to EQB and SWA's agendas."

"The regulation is in process and will be modified to include the amendment's specifications," stated Marisa C. Font, EQB Special Assistant. "The agency will have a multi-sector task force to evaluate and help with the final regulation version."

Nova Terra Inc., as part of the EPA initiative of the Puerto Rico Recycling Partnership (PRRP), is on the new multi-sector task force to collaborate on the regulation process and education.

"Puerto Rico is advancing to prevent more e-waste harm to our landfills, illegal exportation of material, data theft and environmental violations," stated Vanessa Piereschi, President of Nova Terra Inc. "Nova Terra as the prime e-waste recycler in Puerto Rico, along with Sims' efforts, is looking forward to providing solutions to the e-waste problem in Puerto Rico in an aggressive way and adopting high international standards to benefit consumers, our customers and the environment."

Sims Recycling Solutions

Sims Recycling Solutions (www.SimsRecycling.com) is the global leader in electronics reuse and recycling. We have over 20 years' experience in comprehensive IT asset disposition and mobile device refurbishment services. Sims provides disposition services for all types of retired electronic equipment to local, national and global customers in every business sector including data centers, healthcare, financial service and technical organizations.

As a part of Sims Metal Management Limited, the world's largest publicly listed metal and electronics recycler, Sims Recycling Solutions has the global reach, expertise, and infrastructure necessary to ensure to our customers that all electronic devices are processed in a secure and environmentally responsible manner.

Sims international footprint of operations across 20 countries, enable us to offer a global scope of services on myriad local fronts.

Cautionary Statements Regarding Forward-Looking Information
This release may contain forward-looking statements, including statements about Sims Metal Management's financial condition, results of operations, earnings outlook and prospects. Forward-looking statements are typically identified by words such as "plan," "believe," "expect," "anticipate," "intend," "outlook," "estimate," "forecast," "project" and other similar words and expressions.

These forward-looking statements involve certain risks and uncertainties. Our ability to predict results or the actual effects of our plans and strategies is subject to inherent uncertainty. Factors that may cause actual results or earnings to differ materially from these forward-looking statements include those discussed and identified in filings we make with the Australian Securities Exchange and the United States Securities and Exchange Commission ("SEC"), including the risk factors described in the Company's Annual Report on Form 20-F, which we filed with the SEC on 16 October 2013.

Because these forward-looking statements are subject to assumptions and uncertainties, actual results may differ materially from those expressed or implied by these forward-looking statements. You are cautioned not to place undue reliance on these statements, which speak only as of the date of this release.

All subsequent written and oral forward-looking statements concerning the matters addressed in this release and attributable to us or any person acting on our behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in this release. Except to the extent required by applicable law or regulation, we undertake no obligation to update these forward-looking statements to reflect events or circumstances after the date of this release.

All references to currencies, unless otherwise stated, reflect measures in Australian dollars.

The following files are available for download:

Contact Information