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THE PROMPT
Newsletter of the Canadian Association of Recycling Industries
Volume 1, No. 10, October 2009

INSURANCE TIPS

Click the image above or visit http://www.cowangroup.ca/cari-07 for information.

Disaster Recovery: Are You Prepared? Part 1

It’s 4 a.m. and the phone rings. The fire department is calling to tell you that your business is engulfed in flames and they are currently on the scene.

Hopefully this is a scenario you never have to live through. Having said that, we believe it is important to plan for such an event so the impact on your business, your employees and your customers is minimal. Almost half of companies never resume operations following a major disaster, while only slightly more than one quarter of businesses fully recover from a significant loss.

To ensure you are one of those businesses that does recover, we recommend a two-pronged strategy that includes a comprehensive insurance program, and a disaster recovery plan.

1. A comprehensive insurance program

Your first step is the easiest – call your broker and ask to review your insurance program. Have any gaps of deficiencies summarized in a report which you can review and discuss with your broker.

Common gaps or deficiencies

a) Limits of insurance (on buildings, equipment, stock or similar property) are too low.
b) Coverage on buildings is insured for Actual Cash Value (depreciated value) instead of Replacement Cost.
c) Business Interruption coverage has not been purchased, or again, the limit of insurance is too low.

The bottom line is – if you buy the right coverage and have the correct limits of insurance, much of the financial impact of a disaster will be insured. The rest of this article will be continued in November issue of the PROMPT.

MERCURY SWITCHES

Registered members of the Switch Out Program should take note that inactive participants will be removed from the website. In addition, the collection sweep is scheduled throughout October; so, mail in those buckets of switches. Remember, your business will be automatically entered into the automotive mercury switch removal contest for the buckets you submit. To double your chances, collect ABS switches and receive a second entry. Please visit www.switchout.ca for details.

BUSINESS OPPORTUNITY

JR International a company from Ontario is seeking 20 MT of No. 2 Insulated Copper Wire, and 20 MT of electric motors per month. Interested members can contact Mr. Joe Rothe at Tel: 905-901-3800 or email: j.rothe [at] cogeco.ca.

CARI EVENTS

CARI’s Fall Chapter Meetings
B.C. Chapter Meeting
Tues. October 13, Time: 6:00 pm
at Hyatt Downtown, Vancouver

Alberta Chapter Meeting
Wed. October 14, Time: 5:30 pm
at Blackfoot Inn, Calgary

Manitoba Chapter Meeting
Thurs. October 15, Time: 6:00 pm
at Hy’s Steakhouse, Winnipeg

Atlantic Chapter Meeting
Wed. October 21st, Time: 6:00 pm
at Quality Inn, Nova Scotia
_________________________________

CARI’s 12th Annual Consumers’ Night
October 19
at the Fairmont Royal York in Toronto

For information on CARI events contact Donna Turner at (905) 426-9313

OTHER UPCOMING EVENTS

October

Oct. 8 – 9 Philadelphia, USA
3rd Aerospace Materials Outlook & Forecast Conference
The Basic Industries Group, LLC
https://thebasicindustries.com/conference.php?CID=3
Contact: Darren Dunay
Phone: 201-873-0891

Oct. 26 – 27 Amsterdam, Netherlands
Fall Round-Table Sessions
BIR
www.bir.org/conventions/amsterdam2009/amsterdam2009s.asp
Contact: Elisabeth Christ
Phone: 322 627 5770

Oct. 27 Vancouver, Canada
Waste Disposal and Recycling Facility Tour
Messe Frankfurt (Canada)
www.cwre.ca
Contact: Arnie Gess
Phone: 1-877-534-7285
Email: arnie.gess [at] cwre.ca

Oct. 28 – 29 Vancouver, Canada
Canadian Waste & Recycling Expo.
Messe Frankfurt (Canada)
www.cwre.ca
Contact: Arnie Gess
Phone: 1-877-534-7285
Email: arnie.gess [at] cwre.ca

November

Nov. 3 – 5 Guangzhou, China
9th Secondary Metals International Forum
CMRA
www.cmra.cn
Phone: 86-108229-8684
Fax: 86-108229-8548
Email: chinacmra [at] gmail.com

Nov. 10 – 13 Shanghai, China
4th World Recycling Forum Shanghai ‘09 - International Conference & Exhibition on Electronics, Car and Battery Recycling
ICM
www.icm.ch/index_worldrecycling09.htm
Phone: 1-41-62-785-1000

2010

January

Jan. 20 – 22 Salzburg, Austria
9th International Electronics Recycling Congress – IERC 2010
ICM
www.icm.ch/index_electronic_10.htm
Phone: 1-41-62-785-1000

March

Mar. 3 – 5 Basel, Switzerland
International Automobile Recycling Congress
ICM
www.icm.ch/index_auto10.htm
Phone: 1-41-62-785-1000