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Oretech considers entering e-scrap market.


Oretech Inc., Phenix City Phenix City (fē`nĭks), city (1990 pop. 25,312), a seat of Russell co., E Ala., on the Chattahoochee River opposite Columbus, Ga., in a cotton area; inc. 1883. Textiles are manufactured there. , Ala ALA aminolevulinic acid.
Ala alanine.
ala (a´lah) pl. a´lae   [L.] a winglike process.
., is exploring whether its technology is ideally suited to processing and recycling of e-scrap in addition to ore.

"This is a global environmental problem that is only going to grow with time, and shipping our country's electronic waste streams offshore for disposal is not the solution," Oretech's Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Stephen D. Cummins says. "We see entrance into this fragmented market as an excellent potential profit center for Oretech."

Oretech plans to immediately initiate testing on e-scrap feedstock feed·stock  
n.
Raw material required for an industrial process.

Noun 1. feedstock - the raw material that is required for some industrial process
raw material, staple - material suitable for manufacture or use or finishing
. Based upon those results, management "will develop a strategic business plan and operating pro-forma for presentation to its board of directors," says the company.

Upon completion and approval of the business plan, management would move to raise the capital resources necessary to establish an electronic scrap demanufacturing and recovery plant in Phenix City.

Oretech claims its materials processing Articles on Materials processing include:
  • process (engineering) a set of transformations of input elements into products
  • industrial process, a procedure involving chemical or mechanical steps to aid in the manufacture of an item or items
 technology extracts specific minerals from diverse feedstock and raw materials without the use of harmful chemicals or the emission of environmentally unsafe gases. The company has been in operation since April 2003.
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Title Annotation:Electronics Recycling
Publication:Recycling Today
Article Type:Brief Article
Geographic Code:1U6AL
Date:Nov 1, 2003
Words:173
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