One & One Green Technologies Targets Philippines' $9.7B E-Waste Market, Securing Local Supply
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One & One Green Technologies (YDDL) announced its strategic entry into Metro Manila's e-waste resource recovery market. The company plans to source and process high-value industrial materials, including electronic sludge, copper mud, and nickel mud, from local electronics and plating manufacturers. This initiative leverages the company's recently upgraded San Rafael facility and its substantial hazardous waste treatment permit. This move is critical for YDDL as it positions the company to capture a significant share of the Philippines' domestic e-waste market, which is projected to grow from $9.7 billion in 2025 to $22.4 billion by 2031. Securing a domestic feedstock supply chain reduces dependence on volatile global scrap markets and is a key step in the company's vertical integration strategy, enhancing operational stability and long-term growth prospects.
At the time of this announcement, YDDL was trading at $8.01 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $432.5M. The 52-week trading range was $3.61 to $8.89. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: GlobeNewswire.