Dive summary:
- As Latin America faces exceptional growth in the e-waste recycling market, California firm, Green Technology Solutions, has forged a business collaboration with Chile-based Chilerecicla to further expand e-waste recycling capabilities in Chile.
- Chilerecicla specializes in the direct removal of electronic waste from clients, then transports and recycles the material at it's central plant.
- While all of Latin America is seeing a boom in electronic waste, Chile in particular has an advantage because of its access to cheap e-waste from within the country as well as neighboring countries including Bolivia, Ecuador and Peru, Chile also has fewer processes and regulations for e-waste management than most countries.
From the article:
GTSO Chief Executive Officer Paul Watson said the company had looked at Chile as an investment destination "for some time now" due to the extremely favorable market conditions.
The recycling venture received strong support from the government of President Sebastian Pinera, Watson said. The business was encouraged by Chile's dynamic recovery from the 2008 global downturn.
"The country has bounced back strong from the global recession and its fledgling recycling industry is open for business," he said. ...
