Profile: Sims Metal Management Ltd (SMSMY.PK)
23 Jan 2017
Sims Metal Management Limited, incorporated on June 20, 2005, is a metals and electronics recycler. The Company is engaged in the buying, processing and selling of ferrous and non-ferrous recycled metals and the provision of solutions for the disposal of post-consumer electronic products, including information technology (IT) assets recycled for commercial customers. 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.
The Company's secondary processing and other services include processes involving the melting, refining and ingoting of certain non-ferrous metals. The Company offers fee-for-service business opportunities in the recycling of negative value materials, including refrigerators, electrical and electronic equipment. The Company has over 200 facilities across the globe. It has approximately 30 electronics recycling facilities in over 16 countries.
North America Metals
The North America Metals segment includes subsidiaries and joint ventures in the United States and Canada. This segment performs ferrous and non-ferrous secondary recycling functions. It operates approximately 90 facilities across the United States and Canada.
Australia/New Zealand Metals
The ANZ Metals segment includes the subsidiaries and joint arrangements in Australia, New Zealand and Papua New Guinea. This segment performs ferrous and non-ferrous secondary recycling functions. It operates over 44 facilities across Australia, New Zealand and Papua New Guinea.
The Europe Metals segment includes the subsidiaries in the United Kingdom. This segment performs ferrous and non-ferrous secondary recycling functions. It operates approximately 35 facilities across the United Kingdom.
The Global E-Recycling segment operates as Sims Recycling Solutions (SRS). This segment includes the subsidiaries, which provide electronic recycling solutions in countries, such as Australia, Austria, Belgium, Canada, Czech Republic, Dubai, Germany, India, Ireland, 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 10
NEW YORK NY 10010-5967