One and One Green Technologies Enters Greater Manila E-Waste Market
One and One Green Technologies announced its plan to strategically enter into the Greater Manila Area's electronic waste resource recovery market. Leveraging its 1,000,000-ton-per-year hazardous waste treatment permit, the Company will source and process high-value industrial materials, including electronic sludge, copper mud, and nickel mud, from local electronics and plating manufacturers. This initiative puts One and One in a strong position to capture a significant share of the Philippines' domestic e-waste market, which is expected to grow from $9.7 billion in 2025 to $22.4 billion by 2031. The Philippines generated an estimated 537,000 metric tons of e-waste in 2022, with studies suggesting3 that up to 80% of it is currently managed by the informal sector using hazardous methods. One and One is positioned to serve industrial waste generators in the country's economic center by offering a formal, compliant, and large-scale processing solution that is environmentally responsible. The Company will utilize its recently updated processing technology to quickly and easily extract copper, nickel, and other important metals from the minerals in the area. This initiative establishes a secure domestic feedstock supply chain that complements the Company's current import operations and reduces its dependence on the global scrap market.
