Q2 a busy quarter at RecycleNet!
In the second quarter of 2006 RecycleNet acquired The Business Material Exchange of Wisconsin (www.BMEx.org), established by the Greater Beloit Chamber of Commerce in Beloit Wisconsin provides a statewide waste exchange service. In addition to the statewide service, the Chamber of Commerce also operated the Beloit Material Exchange to serve the local Beloit area. RecycleNet Corporation has acquired both the Business Material Exchange of Wisconsin and the Beloit Material Exchange. RecycleNet looks forward to continuing cooperation with the Chamber of Commerce and other organizations throughout Wisconsin to maximize waste diversion efforts. BMEx.org Becomes a strategic part of the Waste.net Network, a national waste materials exchange program operated by RecycleNet Corporation.
The acquisition of The EU Commercial Waste Exchange (www.wastechange.com) as well as four other European waste and information exchanges marks RecycleNet Corporation's commitment to improve its unique qualified user base. The EU Commercial Waste Exchange is the most established of the acquisition having operated since 1998. It will serve as the European hub of RecycleNet's Regional Waste Exchange Program; the European network currently consists of 29 regional waste diversion exchanges.
Also in Q2 RecycleNet formed a joint venture with Infotrek Syscom Ltd., a publicly traded company on the Bombay Stock Exchange (530643.BO). RecycleNet will provide its Exchange software for an Indian electronic exchange (www.e-exchangeindia.com).
The joint venture will be operated as E-Exchange India (www.e-exchangeindia.com) and will focus on the trade of used and scrap computers, televisions, telephones, CRT's, other electronic and electrical equipment. E-Exchange India will facilitate both domestic and international trade of recycled electronics for a booming Indian economy. The introduction of the EU Directives for WEEE and RoHS (Waste Electronic and Electrical Equipment and the Reduction of Hazardous Substances) in Europe has set in motion a new standard that has had a ripple effect worldwide and caused a substantial increase in the awareness and activity international trade of electronic scrap.
For a complete overview of the events RecycleNet participated in over the past quarter get your copy of Garm News. www.recyclenet.com/garmnews/gn06q2.pdf
On July 7th RecycleNet Corporation held its annual shareholder meeting, thanks to all who showed up.
The acquisition of The EU Commercial Waste Exchange (www.wastechange.com) as well as four other European waste and information exchanges marks RecycleNet Corporation's commitment to improve its unique qualified user base. The EU Commercial Waste Exchange is the most established of the acquisition having operated since 1998. It will serve as the European hub of RecycleNet's Regional Waste Exchange Program; the European network currently consists of 29 regional waste diversion exchanges.
Also in Q2 RecycleNet formed a joint venture with Infotrek Syscom Ltd., a publicly traded company on the Bombay Stock Exchange (530643.BO). RecycleNet will provide its Exchange software for an Indian electronic exchange (www.e-exchangeindia.com).
The joint venture will be operated as E-Exchange India (www.e-exchangeindia.com) and will focus on the trade of used and scrap computers, televisions, telephones, CRT's, other electronic and electrical equipment. E-Exchange India will facilitate both domestic and international trade of recycled electronics for a booming Indian economy. The introduction of the EU Directives for WEEE and RoHS (Waste Electronic and Electrical Equipment and the Reduction of Hazardous Substances) in Europe has set in motion a new standard that has had a ripple effect worldwide and caused a substantial increase in the awareness and activity international trade of electronic scrap.
For a complete overview of the events RecycleNet participated in over the past quarter get your copy of Garm News. www.recyclenet.com/garmnews/gn06q2.pdf
On July 7th RecycleNet Corporation held its annual shareholder meeting, thanks to all who showed up.
posted by RecycleNet Corporation at 7:13 AM
