Chen made his fortune in the 1990s through his company Huangpu Renewable Resources, a construction materials recycling firm.
But in the US, construction waste accounts for 50 per cent of all landfill material, according to the Construction Materials Recycling Association.
The fund aims to provide community groups, local authorities, businesses and landowners with the opportunity to trial innovative new ways to prevent littering and capture more valuable materials for recycling.
The current environmental crisis poses new challenges to the building and construction industry, in areas where engineering can provide innovative alternatives such as energy-neutral housing and energy efficiency, construction materials and practices, recycling and reuse of materials.
Cash4Gold seems to have gone under because the collection costs of the materials were higher than the value of recycling those materials.
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"There have been several plants that have either gone out of business or that have simply not wanted to take the short-term losses on recycling materials, " Johnson said.
There is cost associated with that, and given the current very low levels of value of most of the recycling materials, you're not going to get a lot of income from there.
On Saturdays the haulers, their wives and their children gathered at the recycling center to clean out the plastic pails they gave to customers for collecting the newspapers, magazines, bottles and other recycling materials.
The company designs and manufactures a range of equipment used in the recycling, materials handling and quarrying industries.
Use of construction materials with recycled content and recycling of construction waste.
We have always been faithful to the concept of re-utilization and recycling (both of materials and urban spaces).
That considers manufacturing and product use, but also end-of-life disassembly which might make recycling and reuse of materials easier.
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New Orleans-based companies Strike It Green and the Green Project will be recycling props, base materials, and carpeting from the Super Bowl sets and events in an effort to bring life to materials that are otherwise thrown out and wasted.
In a sense the problem is the same as deciding which quality of ore to mine in the first place: we now need to either find richer sources to recycle from or arrange how we use these materials in the first place to facilitate recycling.
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As a result more than 744 tonnes of materials were collected, making it the highest recycling month so far and an increase of more than 25% compared to a year earlier.
Each year, recycling puts millions of pounds of valuable materials back into use.
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When we think of recycling, paper is one of the first materials that come to mind.
With the additional recycling bins, the conservancy hopes the recycled materials will grow to 80 or 90 tons per year.
Although most cities continue to sell the materials immediately, that is not the case at a number of recycling plants that have been accumulating a cache of cardboard and plastic.
While these benefits do not necessarily translate into direct economic advantages for the local communities where materials are collected there are significant national and global benefits, both environmental and economic, from recycling.
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