JULY 2009

Appliance Recycling Centers enters joint venture

Appliance Recycling Centers of America, Inc. announced that through a joint venture with a Mexican corporation, Diagnostico y Administracion de Logistica Inversa SA de CV (DALI), it will provide refrigerator recycling services for more than 160 appliance retailers and manufacturers participating in a refrigerator replacement program sponsored by the Mexican government.

Through this energy efficiency program, the government offers residents of Mexico low-interest financing and a cash rebate of up to 50 percent of the cost of a new, energy efficient refrigerator when an old, operating refrigerator is turned in for recycling. Major new-appliance retailers, including Wal-Mart and Sears, deliver the new appliance to the customer and collect the old unit for recycling.

DALI operates more than 35 facilities throughout Mexico to process the old refrigerators to remove and properly manage all environmentally harmful substances, including CFC refrigerants and oil, and recycle metals, plastics and glass. The company expects to open additional recycling centers to meet the demands of the program, which has been funded to permanently remove approximately 400,000 working refrigerators from service.