'Weee Park' To Recycle Local E-waste

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2018-03-19 HKT 17:31

Share this story

facebook

  • 'Weee Park' to recycle local e-waste

Hong Kong on Monday opened a new recycling facility which aims to convert around 30,000 tonnes of electrical waste per year into reusable raw materials.

The government-funded plant in Tuen Mun, called the Weee (Waste Electrical and Electronic Equipment) Park, will recycle items such as air-conditioners, refrigerators, washing machines, TVs and computers.

Hong Kong generates about 70,000 tonnes of e-waste per year, and most of it is sent abroad to places including Africa and South East Asia.

But it's hoped the park will process around 42-percent of this e-waste, converting it into secondary raw materials like plastics and metals.

Besides recycling products, Weee Park will also refurbish electrical appliances that haven't completely had their day, so they can be donated to the needy.

The Chief Executive, Carrie Lam, said during an opening ceremony for the facility that the park will provide Hong Kong with the necessary processing capacity to recycle and treat its own e-waste from now on.

RECENT NEWS

SBI Holdings To Acquire Bitbank In US$289M Crypto Expansion

SBI Holdings has agreed to acquire Japanese crypto exchange Bitbank in a deal valued at approximately US$289 million, w... Read more

4 Ways Hong Kong Banks Fight Financial Crime Using AI, According To HKMA

The Hong Kong Monetary Authority (HKMA) wants banks to use AI in financial crime as a way to counter cyberattacks and s... Read more

Ripple Launches RLUSD Stablecoin In Japan Through SBI Group

Ripple has launched its US dollar-denominated stablecoin, Ripple USD, in the Japanese market. The expansion follows reg... Read more

SBI And Startale Launch Trust Bank-Backed Yen Stablecoin JPYSC In Japan

SBI Group has introduced its trust based stablecoin JPYSC in partnership with Singapore-based fintech company Startale ... Read more

Visa Study: Digital Wallets Lead Greater Bay Area Payment Preferences

Visa has released its latest Consumer Payment Attitudes Study, highlighting how payment seamlessness is linked to a shi... Read more

European And South Korean Banks Form Project Pangea For FX Settlement

Chainlink, South Korean infrastructure provider FairSquareLab, the Unified Korea Alliance (UniKA), and European stablec... Read more