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YDDL
joined discussion · Mar 20 12:25

YDDL enters Manila's electronic waste recycling market, strengthening the local raw material supply chain

$One and one Green Technologies (YDDL.US)$ Recently announced plans to enter the Manila region's electronic waste (e-waste) recycling market.
$One and one Green Technologies (YDDL.US)$ Recently announced plans to enter the Manila region's electronic waste (e-waste) recycling market. With an annual hazardous waste processing capacity of 1 million tons, the company will target local electronics manufacturers and electroplating firms, recycling and processing high-value industrial waste such as electronic sludge, copper sludge, and nickel sludge. This move will further drive the company into the Philippines' growing electronic waste market. The market size is projected to grow from USD 9.7 billion in 2025 to USD 22.4 billion by 2031. Data shows that the Philippines generated approximately 537,000 tons of electronic waste in 2022, with industry research estimating that about 80% is still processed through informal channels, posing environmental and safety risks. Against this backdrop, the company will provide compliant, large-scale processing services to industrial enterprises in the country’s economic hub. The company stated that it will utilize recently upgraded processing technologies to extract copper, nickel, and other critical metals from relevant materials. This project will help establish a stable raw material supply chain, complementing existing import channels and reducing reliance on the global scrap market. Company Chairman and CEO Tina Yan stated, 'Securing a stable and high-quality local raw material supply is an important step in advancing the company's vertical integration strategy. Entering Ma...
With an annual hazardous waste processing capacity of 1 million tons, the company will target local electronics manufacturers and electroplating firms, recycling and processing high-value industrial waste such as electronic sludge, copper sludge, and nickel sludge.
This move will further drive the company into the Philippines' growing electronic waste market. The market size is projected to grow from USD 9.7 billion in 2025 to USD 22.4 billion by 2031. Data shows that the Philippines generated approximately 537,000 tons of electronic waste in 2022, with industry research estimating that about 80% is still processed through informal channels, posing environmental and safety risks. Against this backdrop, the company will provide compliant, large-scale processing services to industrial enterprises in the country’s economic hub.
The company stated that it will utilize recently upgraded processing technology to extract copper, nickel, and other critical metals from the relevant materials. This project will help establish a stable raw material supply system, complementing existing import channels and thereby reducing reliance on the global scrap market.
Tina Yan, the company's chairwoman and CEO, stated, 'Securing a stable and high-quality local supply of raw materials is an important step in advancing the company’s vertical integration strategy. Entering the Manila market will provide continuous and reliable feedstock support for our advanced processing facilities while also helping promote further standardization within the Philippines’ electronic waste industry.'
Risk Disclaimer: The above content only represents the author's view. It does not represent any position or investment advice of Futu. Futu makes no representation or warranty.Read more
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