Recycled metal is highly commoditized and highly competitive which is why we need more than top-drawer quality and service levels to grow. We need a well-positioned and highly differentiated Corporate Brand that clients and
partners can trust. This is a very important element that has been missing from our arsenal all these years but as we are now on the cusp of a more ambitious international expansion drive, we will need to build a stronger brand.
We are committed and driven towards our company’s circular economy and ESG value chain by offering clients a complete growth strategy through recycled GREEN METALS and at the same time it plays a defensive strategy by being the only one-stop facility here in Singapore to achieve a double win in market movement on supply chain efficiency and price position clarity in the Recycling, Recovery, and Refinery (RRR) Metal Classification.
Economics with Companies Using recycled GREEN metal saves industrial companies that we serve up to 20% on metal costs. Very often, our suppliers are also our customers. We purchase industrial waste from electronics manufacturers / Brand Owners, and automotive or construction companies, and after we have extracted the useful metals from the industrial waste, we make them into purified GREEN commodities and sell them back to these companies. As such, it would make sense for us and our clients/suppliers to work even more closely together through Circular Economics Supply Chain Domestically.
The company has plans for its marketing team’s expansion beyond Singapore and aims to strengthen its global presence through a localization approach catered to specific markets.
Acquisitions are one of the key strategies for us in SINGAPORE and establish a sustainable trusted brand to go beyond Globally, we need to increase our process supply capacity and explore new waste stream products containing demanded GREEN metals, if we want to serve more companies and develop customization recovery technology plant in and outside of Singapore. We are actively exploring for suitable candidates to acquire. While we want to do this fast, we are also mindful of the challenge. Therefore, we want the acquired company to be well integrated with World Metal Group’s corporate culture, a policy with an element of synergy.