Eye on the Environment: Recycler Turns Silicon Scraps into a Product Now in Demand
January 18, 2009 by editor
Filed under Eco News, Jobs, Technology
Despite a worldwide drop in commodity prices and the painful consequences for the recycling industry, some types of recycling continue to thrive. Similarly, despite ongoing struggles over the state budget, some state programs still provide great benefits to local economies.
On Thursday in Camarillo, public and private recyclers will celebrate a milestone in economic development and environmental progress. The California Integrated Waste Management Board recently loaned its 100 millionth dollar through the Recycling Market Development Zone program.
The board, which channels these low-interest (4 percent fixed-rate) loans locally through the Ventura County Recycling Market Development Zone, will commemorate the achievement by joining with ersol Silicon Inc. in hosting an event showcasing the results of one of these loans.
Using a $1.6 million loan, ersol Silicon developed from a local scrap recycling center into an internationally renowned provider of recycled silicon. This loan, given eight years ago, helped the company turn waste from the solar and computer manufacturing industries into material useful to solar panel manufacturers.
