Procurri, Igneo announce partnership

Procurri, a Singapore-based provider of IT lifecycle services and data center hardware with a North American headquarters in Atlanta, has engaged White Plains, New York-based electronic scrap recycler Igneo Technologies to support its global lifecycle service operations by providing end-of-life recycling and e-scrap refining services.

Utilizing the combined geographic footprint of Procurri, Igneo and Igneo’s parent company, Korea Zinc, along with other strategic partners, Procurri says the two companies are uniquely positioned to provide turnkey and vertically integrated global recycling solutions for their customers and partners.

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“We searched for a partner that had a global footprint, the ability to quickly scale and who shares our core ESG [environmental, social and corporate governance] values surrounding the environment and our commitment as an organization to help make the world a better place,” says Evrim Eravci, global president of lifecycle services at Procurri. “Igneo and their parent company Korea Zinc share similar core values to Procurri; are driven by providing solutions that are built around environmental stewardship, sustainability and supporting the circular economy.”

According to Procurri, the IT equipment it manages is evaluated for refurbishment and reusability, prioritizing reuse over recycle. Equipment deemed end-of-life will, where practical, now be processed by Igneo or Korea Zinc, leveraging their facilities. Procurri adds that end-of-life electronics will be separated into plastics, ferrous metals, nonferrous metals and precious-metal bearing.

Precious metals and copper-based commodities will be processed at Igneo’s facility in France or at Korea Zinc’s Onsan smelter, while plastics, steel and aluminum will be sent to end processors to create new raw products that will be sold back into the global supply chain to manufacture new products.

“Our goals around the circular economy and building a best-in-class global recycling company very much align with Procurri,” Igneo Chief Executive Officer Danish Mir says. “The core services we provide are very different but align around minimizing waste and giving resources a second, third and fourth chance as products.”