Sims Recycling Solutions Receives Responsible Recycling (R2) Certification at its Nashville Facility

Top Quote The Nashville facility is the second facility of Sims Recycling Solutions, the world's largest electronics recycler, to successfully achieve Responsible Recycling Practices for Electronics Recyclers (R2) certification. End Quote
  • Columbia, SC (1888PressRelease) February 04, 2011 - This new standard supported by major electronic OEM's, the Institute of Scrap Recycling Industries (ISRI), the Information Technology Industry Council (ITI), public interest groups, the US EPA, and US state and local governments, is a stringent set of requirements for electronics recyclers. The standard includes requirements for environmental, worker health and safety, and security practices.

    "We are very pleased to now have 2 facilities in North America registered to the R2 standard" stated Steve Skurnac, President of Sims Recycling Solutions, US. "This registration reaffirms Sims Recycling Solutions' commitment to the proper recycling and disposal of electronic waste and to leading the industry in electronics recycling processes and standards. We intend to have all of our North American sites certified to the R2 standard by the end of the second quarter".

    Sims Recycling Solutions' commitment to leadership in the environmentally sound recycling of end-of-life electronics throughout the supply chain provides cost effective recycling solutions that focus on industry leading recycling standards.

    Over the last couple years, Sims Recycling Solutions has received certifications for ISO 14001:2004 and OHSAS 18001:2007. Sims Recycling Solutions continues to offer valuable electronics recycling services by investing in green technology and creating green jobs, while conserving both energy and valuable raw materials.

    Sims Recycling Solutions

    Sims Recycling Solutions (www.us.simsrecycling.com) is the world's largest electrical and electronics recovery and recycling company with 39 sites across the globe.

    Sims Recycling Solutions recycles all types of electronic equipment and enables businesses to meet both their social and legal obligations in the treatment of surplus electronics. The company's asset management and recovery service enables businesses and public sector organizations to sustain the value of IT and electronic equipment, in a legally compliant, data secure, fully traceable and environmentally sustainable manner.

    In North America, Sims Recycling Solutions operates 13 sites in Arizona, California, Florida, Illinois, Nevada, New Jersey, Ontario, South Carolina and Tennessee.

    Cautionary Statements Regarding Forward-Looking Information

    This release may contain forward-looking statements, including statements about Sims Metal Management's financial condition, results of operations, earnings outlook and prospects. Forward-looking statements are typically identified by words such as "plan," "believe," "expect," "anticipate," "intend," "outlook," "estimate," "forecast," "project" and other similar words and expressions.

    These forward-looking statements involve certain risks and uncertainties. Our ability to predict results or the actual effects of our plans and strategies is subject to inherent uncertainty. Factors that may cause actual results or earnings to differ materially from these forward-looking statements include those discussed and identified in filings we make with the Australian Securities Exchange and the United States Securities and Exchange Commission ("SEC"), including the risk factors described in the Company's Annual Report on Form 20-F, which we filed with the SEC on 12 November 2009.

    Because these forward-looking statements are subject to assumptions and uncertainties, actual results may differ materially from those expressed or implied by these forward-looking statements. You are cautioned not to place undue reliance on these statements, which speak only as of the date of this release.

    All subsequent written and oral forward-looking statements concerning the matters addressed in this release and attributable to us or any person acting on our behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in this release. Except to the extent required by applicable law or regulation, we undertake no obligation to update these forward-looking statements to reflect events or circumstances after the date of this release.

    All references to currencies, unless otherwise stated, reflect measures in Australian dollars.

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