Modon Holding posts AED 2.1bn net profit in H1 2025    Egypt's Electricity Ministry says new power cable for Giza area operational    Egypt exports first high-tech potato seeds to Uzbekistan after opening market    Egypt's Al-Sisi, Italian defence minister discuss Gaza, security cooperation    Egypt's FM discusses Gaza, Nile dam with US senators    Aid airdrops intensify as famine deepens in Gaza amid mounting international criticism    Health minister showcases AI's impact on healthcare at Huawei Cloud Summit    On anti-trafficking day, Egypt's PM calls fight a 'moral and humanitarian duty'    Federal Reserve maintains interest rates    Egypt strengthens healthcare partnerships to enhance maternity, multiple sclerosis, and stroke care    Egypt keeps Gaza aid flowing, total tops 533,000 tons: minister    Indian Embassy to launch cultural festival in Assiut, film fest in Cairo    Egyptian aid convoy heads toward Gaza as humanitarian crisis deepens    Culture minister launches national plan to revive film industry, modernise cinematic assets    Sudan's ambassador to Egypt holds reconstruction talks on with Arab League    I won't trade my identity to please market: Douzi    Sisi calls for boosting oil & gas investment to ease import burden    Egypt welcomes 25-nation statement urging end to Gaza war    Sisi sends letter to Nigerian president affirming strategic ties    Egypt, Senegal sign pharma MoU to unify regulatory standards    Two militants killed in foiled plot to revive 'Hasm' operations: Interior ministry    Egypt, Somalia discuss closer environmental cooperation    58 days that exposed IMF's contradictions on Egypt    Egypt's EHA, Huawei discuss enhanced digital health    Foreign, housing ministers discuss Egypt's role in African development push    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



ITG close to agreement with oil companies to recycle electronic waste
Published in Daily News Egypt on 27 - 01 - 2015

The International Technology Group (ITG) agreed in January with the Egyptian Natural Gas Holding Company (EGAS), the Egyptian General Petroleum Corporation (EGPC), and representatives of 90 companies working in the oil and natural gas sectors to recycle their electronic waste in order to preserve the environment.
ITG CEO Ahmed Salem said that the meeting was fruitful and that the company is expected to start signing partnership agreements during January and February, with the aim of oil companies recycling electronic waste. He also added that the company has made great strides in research to find a way to chemically extract gold and pure metals from minerals from the residue of the recycling process.
The company aims to recycle 100 tonnes of electronic waste per month during 2015. According to statements made by Salem to Daily News Egypt, more than 50 million tonnes of electronic waste is produced globally on an annual basis, only 15 million of which are disposed of, while the local market produces around 50,000 tonnes which are disposed of through unsophisticated means such as incineration and land-filling. These methods squander at least 75% of the economic value of the wastes since they may contain many minerals, and have a negative impact on human health; most notably respiratory diseases, cancer, and infertility.
The process of recycling electronic waste includes the sorting of assembled devices, such as screens, cables, mobiles, and printers. The components then enter the de-assembly phase, which is carried out by hand by a number of workers who separate the main components, such as plastic and iron. Then batteries are set aside separately due to various risks as they contain mercury and lead. The factory does not recycle the batteries, instead collecting and supplying them to a global company specialised in this field. The third phase involves breaking down the components: all the remaining parts are broken into small pieces and grinded, at which point the grinded parts are sorted based on air density. Lighter materials are isolated from heavier ones, and metals are separated from fibres and plastics.
The ground waste is then sent to the pressurising unit that absorbs all dust, and then the waste enters a vibration phase, which involves a large sieve. The final stage involves separation, where minerals are extracted from the mixture, and other non-metallic materials remain.
The company has allocated EGP100m in investments for the recycling plant, EGP 30m have already been spent. The company is hoping to expand through the main phase of the projects – chemical separation – which is expected to account for around €5m in investments, or approximately EGP 50m.


Clic here to read the story from its source.