Source: http://www.metalbulletin.com/Article/3222510/Middle-East-Asia-drive-fresh-wave-of-investment-in-the-scrap-sectorLucky-Group.html
Wednesday, 24 July 2013
Sunday, 14 July 2013
Scrap Metal Recycling: An Upcoming Line of Business
The scrap metal industry has seen an upsurge over the years. There are many merchants who have plunged into the business and have self-owned manufacturing units. These metals can be combined with any other products like aluminum cans, broken kettles or even construction site leftovers. The business is extremely profitable and recycling scrap has numerous advantages.
It is a highly eco-friendly and diminishes the need to rely on the conventional resources. These materials can be broken down and can be recycled and reused in an efficient manner. Recycling scrap is hugely profitable and hence scrap metal merchants create marvels making their businesses extremely profitable. It is a general notion that these materials do not require special consideration but the truth is that these metals need a lot of attention as they are of various types and the recycle process for each is different. Copper, aluminum has different properties and need to be treated differently. Ferrous and non-ferrous types have to be segregated too.
A lot of materials and things around can provide you with scrap. For instance- old batteries, old steel materials, soda cans, cars and even old airplanes. These are all extremely valuable sources. A trader will handle the entire process of the selling. He will weigh all the materials and then will pay for them. The trader will himself arrange for the removal of the goods from the site. The merchants then are involved in the manufacturing procedure as well.
The best part about the whole practice is that it is a very positive towards the environment as it not only curbs the hazards that are otherwise generated if aluminum, copper and steel are freshly produced, but also helps to save the space in landfills and generates employment opportunities.
It is a highly eco-friendly and diminishes the need to rely on the conventional resources. These materials can be broken down and can be recycled and reused in an efficient manner. Recycling scrap is hugely profitable and hence scrap metal merchants create marvels making their businesses extremely profitable. It is a general notion that these materials do not require special consideration but the truth is that these metals need a lot of attention as they are of various types and the recycle process for each is different. Copper, aluminum has different properties and need to be treated differently. Ferrous and non-ferrous types have to be segregated too.
A lot of materials and things around can provide you with scrap. For instance- old batteries, old steel materials, soda cans, cars and even old airplanes. These are all extremely valuable sources. A trader will handle the entire process of the selling. He will weigh all the materials and then will pay for them. The trader will himself arrange for the removal of the goods from the site. The merchants then are involved in the manufacturing procedure as well.
The best part about the whole practice is that it is a very positive towards the environment as it not only curbs the hazards that are otherwise generated if aluminum, copper and steel are freshly produced, but also helps to save the space in landfills and generates employment opportunities.
Thursday, 13 June 2013
Copper Recycling- A Profitable Phenomena
Copper is a metal that is abundantly found worldwide. It is also one of the most commonly and extensively used metals in the world. Right from your household devices like gas stoves to plumbing systems, coins and constructions, copper is used on a large scale. Many famous monuments have shown the usage of large quantities of copper. This is because, copper is also known to have innumerable benefits and is thus widely used.
Copper recycling has a many advantages. Not only are these advantages profit-based, but also are positive steps towards protecting the environment. Recycling of copper can have the following advantages:
1. Elimination of Landfills Costs:
Burying of copper in landfills is not only monetarily expensive but also causes irreversible environmental damage. This is because it affects the groundwater resources and the soil too. Thus, if copper is recycled, it would help to avoid this damage. Recycling can save landfill space as well. It also protects the fossil fuels from any kind of potential damage that can be caused if copper is dumped into earth.
2. Conservation of Environment:
Refining and mining of copper releases gases like sulfur dioxide which is harmful to nature. Recycling however would bring about a reduction in the releasing of these gases. It also saves a lot of natural resources oil and gas, coal, etc.
3. Economically beneficial:
Extraction and mining of copper consumes a lot of capital. On the other hand, when copper is recycled, it not only saves money but also retains up to 90% of the original cost. It is virtually impossible to differentiate original copper from the recycled one. Many products of high quality can hence be produced through recycled copper. Apart from this, it also prevents the cost of copper from rising in the world market.
4. Retention Value:
Copper is a metal that is known to retain its properties irrespective of the number of times it is recycled. Copper scrap metal also fetches a pretty good price and is considered to be highly valuable in the market. If the proper steps like cleaning and separating of the metal are followed copper scrap can be sold at a very high profit rate.
Dubai’s Lucky group has been very much active through its copper recycling company- Lucky Recycling. It has made credible efforts to work towards the conservation and preservation of environment by conducting recycling.
Copper recycling has a many advantages. Not only are these advantages profit-based, but also are positive steps towards protecting the environment. Recycling of copper can have the following advantages:
1. Elimination of Landfills Costs:
Burying of copper in landfills is not only monetarily expensive but also causes irreversible environmental damage. This is because it affects the groundwater resources and the soil too. Thus, if copper is recycled, it would help to avoid this damage. Recycling can save landfill space as well. It also protects the fossil fuels from any kind of potential damage that can be caused if copper is dumped into earth.
2. Conservation of Environment:
Refining and mining of copper releases gases like sulfur dioxide which is harmful to nature. Recycling however would bring about a reduction in the releasing of these gases. It also saves a lot of natural resources oil and gas, coal, etc.
3. Economically beneficial:
Extraction and mining of copper consumes a lot of capital. On the other hand, when copper is recycled, it not only saves money but also retains up to 90% of the original cost. It is virtually impossible to differentiate original copper from the recycled one. Many products of high quality can hence be produced through recycled copper. Apart from this, it also prevents the cost of copper from rising in the world market.
4. Retention Value:
Copper is a metal that is known to retain its properties irrespective of the number of times it is recycled. Copper scrap metal also fetches a pretty good price and is considered to be highly valuable in the market. If the proper steps like cleaning and separating of the metal are followed copper scrap can be sold at a very high profit rate.
Dubai’s Lucky group has been very much active through its copper recycling company- Lucky Recycling. It has made credible efforts to work towards the conservation and preservation of environment by conducting recycling.
Wednesday, 12 June 2013
Recycling is the Mantra for a Greener Planet
Reduce, reuse and recycle is a saying that has been making rounds throughout the planet for ages now. Recycling is done on a large scale in many parts of the world and is a positive step towards a better environment. The waste products that are merely thrown into thrash are not put into use for any other purpose. In such cases this practice is extremely beneficial.
Reuse of metal is known to save a huge amount of energy and it also supports the conservation of natural resources like metal ores. This process is also responsible for the reduction in carbon footprint. It also is helping the greener part of the earth to remain intact. Scrap metal recycling is a practice that is gaining speed. Lucky Group, one of the leading companies for scrap dealing in Dubai have been positively active in this practice. Its scrap recycling company efficiently recycles aluminum, copper, brass, zinc, lead, etc.Recycling helps environment by saving spaces in landfills. Also, this practice results in the reduction of emission of greenhouse gases. To save the earth from serious damages, it is vital that things are recycled. The activities of manufacturing, mining and extracting of many metals result in the release of a lot of harmful gases which can be curbed if they are recycled instead. Aluminum, copper, etc can be recycled innumerable times without its quality being affected. Thus, this practice is a better option than simply discarding things into landfills.
Monday, 25 March 2013
Lucky Group Participates In the 2013 World Recycling Convention & Exhibition
We, at Lucky Group would like to announce that we will be participating in the 2013 World Recycling Convention & Exhibition in Shanghai. Lucky Group is a proud Emerald sponsor at the upcoming BIR conference. We will be using this opportunity to reach out to a powerful group of leading recycling industry business people from across the globe.
The event will be held from May 27-29,2013, at the Pudong Shangri-La Hotel. This is an internationally recognized five-star business hotel. It is located at the famous Huangpu River in Shanghai’s vibrant Lujiazui financial district, directly opposite the historical Bund.
The event will be held from May 27-29,2013, at the Pudong Shangri-La Hotel. This is an internationally recognized five-star business hotel. It is located at the famous Huangpu River in Shanghai’s vibrant Lujiazui financial district, directly opposite the historical Bund.
Thursday, 21 March 2013
The Growth of Aluminium in the Middle East
The value and potential of aluminium in the transport and construction industries has been recognized over the past two decades. This precious metal continues to gain popularity as an alternative to steel and iron due to its favourable properties. Its light weight coupled with strength, has allowed it to be the preferred material in the transport and construction industry. Its ability to be recycled at a mere fraction of the initial production cost of primary aluminium has accelerated aluminium growth in Middle East and solidified its position as a sustainable metal.
The use and consumption of aluminium is present in most industries today with the automotive and construction industry preceding the rest. Another industry that is a major consumer of aluminium is the packaging industry. The Aluminium market is shifting towards the Middle East bringing with it good opportunities and a lot of potential for growth. The Aluminium industry is also experiencing an increased aluminium production mainly in Saudi Arabia, Bahrain, Iran and the UAE due to the availability of cheap energy in the region. Aluminium growth in Middle East further benefits from advantages such as rich bauxite reserves as well as economical energy. Even the close proximity of the GCC region to European countries, enables smelter operators to further reduce costs.
Primary Aluminium production in the Gulf has been on the rise throughout 2011 and 2012 with the commissioned Qatalum smelter reaching its full capacity of 585kt. Thus, the aluminium production growth rate is expected to sustain itself over next few years. The GCC region is estimated to have already invested around Dhs17.3bn into aluminium projects and plans to invest an additional $968bn in major projects over the next ten years. The aluminium industry has now emerged as one of the major economic drivers for the Gulf, contributing to increased job creation. It has also accelerated the growth of both small and medium size industries thereby contributing to community development in the UAE.
An estimated 80% of aluminium produced in the Gulf is exported to different parts of the world. This has reaffirmed the GCC’s vital role to meet local, regional and global demand. Therefore it will not be too long before the smelters in Europe and the US face cut throat competition due to Middle East Aluminium market trends that have resulted in both mass production as well as a cheap supply from aluminium producers in the Middle East.
The use and consumption of aluminium is present in most industries today with the automotive and construction industry preceding the rest. Another industry that is a major consumer of aluminium is the packaging industry. The Aluminium market is shifting towards the Middle East bringing with it good opportunities and a lot of potential for growth. The Aluminium industry is also experiencing an increased aluminium production mainly in Saudi Arabia, Bahrain, Iran and the UAE due to the availability of cheap energy in the region. Aluminium growth in Middle East further benefits from advantages such as rich bauxite reserves as well as economical energy. Even the close proximity of the GCC region to European countries, enables smelter operators to further reduce costs.
Primary Aluminium production in the Gulf has been on the rise throughout 2011 and 2012 with the commissioned Qatalum smelter reaching its full capacity of 585kt. Thus, the aluminium production growth rate is expected to sustain itself over next few years. The GCC region is estimated to have already invested around Dhs17.3bn into aluminium projects and plans to invest an additional $968bn in major projects over the next ten years. The aluminium industry has now emerged as one of the major economic drivers for the Gulf, contributing to increased job creation. It has also accelerated the growth of both small and medium size industries thereby contributing to community development in the UAE.
An estimated 80% of aluminium produced in the Gulf is exported to different parts of the world. This has reaffirmed the GCC’s vital role to meet local, regional and global demand. Therefore it will not be too long before the smelters in Europe and the US face cut throat competition due to Middle East Aluminium market trends that have resulted in both mass production as well as a cheap supply from aluminium producers in the Middle East.
Friday, 8 March 2013
Lucky Group: 40th Anniversary Celebration
We at Lucky Group are proud to announce our 40th anniversary of metal recycling since our commencement in 1973. It also brings us great pride to celebrate our achievements in terms of our infrastructural set up. This comprises of three world class recycling facilities in the UAE that cover an area of more that 600, 00 square feet. It has been a pleasure serving you, and it would be our honour to continue providing all our esteemed clients with the high standard of business for many more years to come.
[caption id="attachment_658" align="alignleft" width="477"]
Credit: www.waste-Recyclingme.ae[/caption]
[caption id="attachment_658" align="alignleft" width="477"]
Credit: www.waste-Recyclingme.ae[/caption]
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