SK Ecoplant Expands to Las Vegas
On Wednesday, it was announced that the construction of a 3,700-square-meter IT asset disposition plant in Las Vegas had been finalized by overseas subsidiary TES, also known as SK Ecoplant. This is TES’ fourth US base, joining its existing locations in Seattle, Atlanta, and Virginia.
Since its establishment in 1977, the growth and development of SK Ecoplant has boomed. With a mission to be sustainably managed, it has become an innovator over a myriad of sectors such as infrastructure, architecture, housing, and industrial plants.
Such dedication to eco-friendly solutions are evident from its smart green industrial complex business, and recycling industries. In addition, SK Ecoplant is currently working on 116 projects across 19 countries worldwide, with 15 subsidiaries and 25 branches abroad.
TES Concentrates on IT Asset Disposition (ITAD)
At TES, one of the main focuses of the organization has become IT Asset Disposition (ITAD). The company’s objective is to minimize the amount of waste created from end-of-life IT equipment, and to make such devices reusable.
To achieve this goal, TES carries out a complete destruction process for all information stored on assets, ranging from smartphones to data center equipment. After completion of the ITAD process, items are either resold as refurbished products, or dismantled and sold as parts or materials.
TES’s Chief Commercial Officer, Eric Ingebretsen, commented, “As we grow, we must ensure that we continue to closely meet the needs of our customers, not just by offering superior IT lifecycle solutions but also by ensuring that these solutions are combined with the best sustainability-based outcomes for those assets.”
Nevada Recognized as a Key Location
Nevada has quickly become an integral part of the battery industry. Recently, Tesla, a well-known electric car manufacturer, has made plans to invest $3.6 billion into building factories within the state to produce electric vehicle batteries.
Also, stakeholders in Nevada have come together to form an alliance with hopes of creating an advanced battery ecosystem. Included among these leaders are Tesla and Albemarle, the world’s top lithium producer.
Local Sites Help Stabilize Supply Chains
SK Ecoplant’s Las Vegas location is expected to play a vital role in the pursuit of the waste battery recycling business, serving as an outpost to secure necessary supplies for the industry.
In response to concerns over the limited supply of minerals used in batteries, governments have adopted various laws like the US Inflation Reduction Act and the European Critical Raw Materials Act. This has only further emphasized the importance of having regional bases for a stable supply chain.
“We will dominate global customers through the waste battery base secured by TES, which has global processing facilities.” SK Ecoplant’s CEO Park Kyoung-il stated.
Additionally commenting that, “ultimately, we will develop the value chain of waste battery recycling and complete a closed loop that puts rare metals recovered from waste batteries back into battery manufacturing.”
A Global Leader
One of the ways that SK Ecoplant making a difference is by implementing development and contracted projects in countries such as the UK, Turkey, UAE, and Hong Kong.
TES has also executed waste battery recycling facilities in France, China, and Singapore. The company continues to further expand its initiatives by constructing similar plants in Rotterdam, a prominent Dutch port, and on the western side of Sydney, Australia.
Gary Steele, TES’s Chief Executive Officer, stated, “These investments back our commitment by providing best-in-class full lifecycle solutions where our clients are located, backed by a global support network.”
With an eye towards a sustainable future, SK Ecoplant is committed to using the recycling business to turn waste into high-value green products. These endeavors will not only contribute to economic development, but also demonstrate the firm’s dedication to social responsibility.