Profile: Sims Metal Management Ltd (SMSMY.PK)
27 Jun 2016
Sims Metal Management Limited, incorporated on June 20, 2005, is a metals and electronics recycler. The Company operates through four segments: North America Metals, Australia/New Zealand (ANZ) Metals, Europe Metals and Global E-Recycling. The Company's product groups include ferrous secondary recycling, non-ferrous secondary recycling, recycling solutions and secondary processing, and other services. Its Ferrous secondary recycling includes the collection, processing and trading of iron and steel secondary raw material. Its non-ferrous secondary recycling includes the collection, processing and trading of other metal alloys and residues, principally aluminum, lead, copper, zinc and nickel bearing materials. Its recycling solutions include providing environmentally responsible solutions for the disposal of post-consumer electronic products, including information technology (IT) assets recycled for commercial customers.
The Company's secondary processing and other services include processes involving the melting, refining and ingoting of certain non-ferrous metals and other sources of service based revenue. The Company has approximately 240 facilities across the globe, including around 120 metal recycling facilities in North America, over 40 metal recycling facilities in the United Kingdom, and around 50 metal recycling facilities in Australasia. It recycles around 480,000 tons of electronics annually. It also operates around 33 electronics recycling facilities in over 16 countries.
North America Metals
The North America Metals segment includes the subsidiaries and joint ventures in the United States and Canada, which perform ferrous and non-ferrous secondary recycling functions. North America Metals segment's operating regions are West, Central and East.
The ANZ Metals segment includes the subsidiaries and joint arrangements in Australia, New Zealand and Papua New Guinea. The ANZ Metals segment performs ferrous and non-ferrous secondary recycling functions.
The Europe Metals segment includes the subsidiaries in the United Kingdom. The Europe Metals performs ferrous and non-ferrous secondary recycling functions.
The Global E-Recycling segment operates as Sims Recycling Solutions (SRS) and includes the subsidiaries, which provide electronic recycling solutions in countries, such as Australia, Austria, Belgium, Canada, Czech Republic, Dubai, Germany, India, the Netherlands, New Zealand, Norway, Poland, Republic of South Africa, Singapore, Sweden, the United Kingdom and the United States. SRS provides disposition services for a range of retired electronic equipment to local, national and global customers in business sectors, such as data centers, healthcare and financial services.
Sims Metal Management Ltd
16 W 22nd St Fl 10th
NEW YORK NY 10010-5967