Author: Kevin Larkin
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ELVES extends Hybrid and Electric training opportunities
This December ELVES will once again be offering ATFs in Ireland the opportunity to undertake electric and hybrid vehicle awareness training through its Electric ELVES programme. In addition to basic awareness training, this round of training will see a more advanced course offered to participants that have already completed the introductory course.
UK dismantler developing shedder residue to renewable energy process
One of the UK’s largest end-of-life vehicle processors, Recycling Lives, is developing a ground-breaking solution that uses hard-to-recycle automotive shredder residue (ASR) to deliver renewable energy and reduce waste-to-landfill.
Synetiq sold to US company in £225M deal
Synetiq, a vehicle salvage and dismantling company based in the north of England, has reached an agreement for the sale of the business to US listed company, IAA Inc, which operates a global digital marketplace connecting vehicle buyers and sellers, The deals was made through its indirect wholly owned subsidiary, IAA International Holdings.
US salvage auctioneer makes its mark on Wall St.
A recent article on the Bloomberg website highlighted a US company described as something of a darling on Wall Street, which was the best-performing industrial stock on the S&P 500 in 2019. It wasn’t as you might expect a famous tech company or major equipment manufacturer, but a scrap vehicle auction house.
ELVES publishes annual report
ELVES has published its annual report for 2020, detailing an unprecedented year because of the pandemic and highlighting how , Authorised Treatment Facilities (ATFs) remained operational throughout various restrictions.
