One and One focuses on PCB recycling

San Rafael, Philippines-based One and One Green Technologies Inc. has announced the completion of a technology and equipment upgrade at its facility in that city it says will enhance the profitability and environmental performance of its printed circuit board (PCB) recycling operations.

The company, which says it holds a government-issued license in the Philippines to import and process certain hazardous discarded materials, says the upgrade includes installing and modernizing a secondary combustion chamber, a surface cooler and a desulfurization tower.

The company says it expects the investment to increase its PCB processing capacity by more than 30 percent and improve the extraction efficiency of precious metals, including gold and silver, by from 15 to 20 percent.

Citing internal assessments, One and One says it anticipates an up to 12 percent improvement in gross margin on materials processed through the upgraded line in a step that will “contribute meaningfully” to its revenue growth objectives for the year.

Last November, One and One reported more than $3.8 million in first half of 2025 net income, a figure that was nearly 60 percent higher than the approximately $2.4 million it earned one year earlier.

In the past several months, the Philippines-based firm has announced supply agreements with customers based in Japan and Spain, and says in late 2025 it delivered nearly 7,500 tons of recycled-content copper alloy ingots and aluminum alloy products to  customers in China and the Philippines.

The company’s CEO says the installation should allow the firm to build on those figures in 2026.

“This strategic investment in our processing capabilities is fundamental to our growth strategy,” says Tina Yan, board chair and CEO of One and One. “It not only enhances our margin profile but ensures we can extract maximum value from both the high-quality e-waste streams we are securing in markets like Manila and the complex materials from our new copper-gold ventures.”

Adds Tan, “This means a more profitable and resilient business model, perfectly timed to capitalize on the rising demand for recycled precious metals and copper.”