Posted On: 12/09/2013 9:07:34 PM
Post# of 3844
Awesome verification. Keep in the mind the Caribbean initiative is set up for the shipper to bear the transportations costs. They are reimbursed from the profits realized from the recycling that will occur in the 2TRG facility.
This points to the idea that Nielson isn't simply in the e-waste business to create a profitable billion dollar company (although I'm sure that's the number one goal), but he also has a true desire to clean up the environment and create zero landfill e-waste opportunities wherever possible. Hence the Caribbean initiative. The cost of an E-Plant does not make sense if logistically product/feedstock can be moved to an existing facility that is not operating at 100 percent capacity. Make sense?
This points to the idea that Nielson isn't simply in the e-waste business to create a profitable billion dollar company (although I'm sure that's the number one goal), but he also has a true desire to clean up the environment and create zero landfill e-waste opportunities wherever possible. Hence the Caribbean initiative. The cost of an E-Plant does not make sense if logistically product/feedstock can be moved to an existing facility that is not operating at 100 percent capacity. Make sense?
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