Elektro Recycling, based in Slovakia, announced plans to expand its electronic scrap recycling operations.
The expansion will include the installation of a line to process plastics at its plant in Slovenska, Slovakia. The cost of the investment is expected to cost around 10 million Euros (US$13.45 million). When complete, the facility will sort and process the plastic components from obsolete electronics. Additionally, the company plans on installing a new extruder.
The company was founded in 2002 in Slovakia. According to published reports, in 2004 the company built a plant to recover and recycle refrigeration, cooling and air conditioning and other mercury-containing fluorescent products. Today, the company can process up to 120,000 refrigerators per year, as well as 4 million pieces of fluorescent lamps.