RecycleNet Corp. of Salt Lake City, USA, has formed a joint venture with Indian firm Infotrek Syscom Ltd to create an electronic equipment online exchange in India. The site will foster international and domestic trade in used computers, televisions, telephones, monitors and other electronics equipment.

* The Shredder Company

The Shredder Company has received an order from Chaparral Steel to modify the Newell 120 SHD shredder at its Midlothian operation in Texas. By creating the equivalent of the TSC 120 SXS shredder system, Chaparral expects to: increase the hourly production of the 6000 HP shredding plant; lower the electricity consumption required for shredding; and reduce the cost of replacement casting parts.

www.theshredderco.com

* MultiServ

Harsco Corporation’s UK-based MultiServ mill services division has been awarded two multi-year agreements in Brazil that entail more than US$ 16 million in added services. MultiServ will expand its role at the Acos Villares steel mill in Mogi das Cruzes under an eight-year, add-on agreement that includes new on-site material handling responsibilities for the mill’s finished and semi-finished products and raw materials. In addition, MultiServ has been awarded a six-year extension to its services contract at Usiminas - one of Brazil’s leading independent, integrated steelworks.

www.harsco.com

* Scholz-Voestalpine

The European Commission has cleared the proposed joint venture between Scholz AG of Germany and Austria’s Voestalpine AG for the collection and processing of scrap metal. The Commission concluded that the notified operation would not significantly impede effective competition in the European Economic Area (EEA) and confirmed that the proposed transaction would not raise competition concerns regarding the EEA-wide trade in scrap metal. Under the proposed agreement, the two companies’ scrap metal trading activities in Austria and the Czech Republic will be merged.