Sims Metal Management

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Sims Metal Management Ltd.
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 Australia’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.

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]

In December, Sims Metal Management opened a state of the art recycling facility in Sunset Park, Brooklyn. Sims Municipal Recycling (SMR) managed construction of a new 11-acre recycling center on the Brooklyn waterfront from 2010 to 2013. SMR worked with geotechnical engineers to develop structural fill blends using “mole rock” from NYC tunneling projects mixed with recycled glass aggregate (RGA). More than 5,000 tons of RGA were blended with 20,000 tons of mole rock and used to elevate sections of the site by 4 feet, thereby protecting buildings and equipment against sea level rise and storm surges. - See more at: http://www.simsmunicipal.com/NYC/Sunset-Park-MRF#sthash.

On August 19, 2013, just after 11 p.m. EDT, a massive fire occurred at a recycling plant in Jersey City, New Jersey. This Sims complex is one of the world's largest recycling plants. According to witnesses, a four-story pile of metal appeared to be on fire. A similar fire occurred at the same plant in 2010.[15]

On May 1, 2013, a large fire broke out in Sims Metal UK plant in Long Marston, Warwickshire. The fire involved 12,000 tonnes of recycling material and was the second such fire in that location in a month. [16]

On January 19, 2012, a large fire occurred at the Sims Metal Management yard in Malaga, Perth Australia. More than 60 career and volunteer firefighters from 14 brigades were finally able to control the blaze by 8pm, which started about 12.30pm at the Victoria Street site. This was the second such fire in a week.[17]

On May 14, 2009 a fire broke out at the SIMS Metal Recycling yard in Hayward, California. The fire occurred in a large pile of old refrigerators and dryers and created a large plume of smoke.[18][19]

On April 7, 2007, a fire occurred at the Redwood City, CA SIMS recycling plant. The fire burned for almost 24 hours and contained high levels of toxic chemicals. The fire broke out in a pile of shredded automobiles.[20]

See also

References

External links

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