Sims Metal Management
| Type | Publicly traded limited company |
|---|---|
| Traded as | (ASX: SGM, NYSE: SMS) |
| Industry | Metal recycling |
| Headquarters | Australia |
| Website | Global Official Website |
Sims Metal Management (ASX: SGM, NYSE: SMS) is a global Australian-based company that specializes in metal recycling, formerly known as Sims Group.
Sims Metal Management is the world’s, as well as North America’s and Australasia’s, largest metals and electronics recycler. Sims Metal Management today has over 250 locations on five continents, and over 6,200 employees.
They recover and recycle end of life and abandoned scrap cars, consumer goods and surplus metal from manufacturing processes and other sources of ferrous and non ferrous scrap metal. As a result of their recycling process they produce fragmented furnace feed for steel works and high grade copper, aluminium and brass for smelting and re-use in manufacturing.
Sims Metal Management has 42 recycling sites throughout the UK. In Newport, South Wales, they host the world's largest industrial shredder for scrap metal with access by road, rail and sea. [1][2][3][4]
Sims Metal Management has been designated as one of the Global Top 100 Most Sustainable Corporations for the fourth year in a row. The list, compiled by sustainable business publication Corporate Knights, was announced at the 2012 World Economic Forum in Davos, Switzerland. [5]
Sims Metal Management moved up 52 spots from last year’s Global 100 list, to number 11 in the world. The Global 100 rankings identify companies that consistently demonstrate superior leadership and performance on a range of environmental, social and governance policies relative to their industry peers. Companies on the list are considered better equipped than their competitors to thrive and succeed in the longer term due to the sustainable approach used to manage their businesses. [5]
Sims Recycling Solutions[6] is the brand name for the electronics recycling division, with around 30 operations in the USA, Canada, UK, Belgium, Germany, Sweden, Netherlands, Australia, India, Singapore, South Africa and New Zealand.
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[edit] History
Sims Group merged with Metal Management in 2008, a U.S.-based company, to form the biggest scrap metals company globally, Sims Metal Management Limited.[7][8] They have many locations in Australia,[9] Canada,[10] Europe,[11] New Zealand,[12] United Kingdom,[13] and the United States.[14]
[edit] See also
[edit] References
- ^ Sims UK opens multi-million pound metals recycling terminal LetsRecycle, 17 November 2004. Retrieved: 3 June 2010.
- ^ Newport Hosts one of Europe's largest recycling facilities Materials Network Wales, Summer 2006. Retrieved: 3 June 2010.
- ^ Powering the World’s largest Industrial Shredder weg.net, 30 September 2009. Retrieved: 3 June 2010.
- ^ Man Made: World's biggest shredder National Geographic Channel. Retrieved: 3 June 2010.
- ^ a b [1]
- ^ Sims Recycling Solutions global website
- ^ Sims to buy Metal Management for $US1.6B
- ^ Sims to be biggest metal recycling company
- ^ Australia Official Metals Recycling Website
- ^ Canada Official Metals Recycling Website
- ^ Europe Official Metals Recycling Website
- ^ New Zealand Official Metals Recycling Website
- ^ United Kingdom Official Metals Recycling Website
- ^ United States Official Metals Recycling Website