HomeConsumer Goods and Services Shredding Equipment Market

Global Shredding Equipment Market Size, Share & Demand Report By Product Type (Twin-Shaft Shredders, Single-Shaft Shredders, Granulators, Mobile Shredders, Slow-Speed High-Torque Shredders), By Application (Municipal Solid Waste & Recycling, Paper & Document Shredding, Plastic & Metal Recycling, Construction & Demolition Waste, Electronic/E-Waste Processing, Biomass & Renewable Energy Applications, Secure Industrial Shredding), By End-Use (Municipal & Government, Waste Management & Recycling Companies, Automotive & Metal Recycling, Construction & Demolition, Electronics & E-Waste Processing), By Region & Segment Forecasts, 2025–2030

Report Code: RI680PUB
Last Updated : September, 2025
Author : Anna Morgan

Table of Contents

  1. Executive Summary
    1. Introduction
  2. Market Introduction
    1. Market Definition
    2. Scope of the Study
    3. Market Structure
  3. Research Methodology
    1. Primary Research
    2. Research Methodology
    3. Assumptions & Exclusions
    4. Secondary Data Sources
  4. Market Factor Analysis
    1. Value Chain Analysis: Shredding Equipment Market
    2. Porters Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitution
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Dynamics
    1. Drivers
    2. Restraints
    3. Opportunities
  6. Recent Trends Analysis
  7. Impact of COVID-19 on Shredding Equipment Market
    1. Pre and Post Covid -19 Market Scenario Analysis
    2. Market Recovery Timeline and Challenge
    3. Measures Taken by Top Players
  8. Regulatory Landscape
  9. Shredding Equipment Market , By Product Type
    1. Introduction
      1. Market Size and Forecast, By Product Type
    2. Twin-Shaft Shredders
      1. Market Size and Forecast, By Region
    3. Single-Shaft Shredders
      1. Market Size and Forecast, By Region
    4. Granulators
      1. Market Size and Forecast, By Region
    5. Mobile Shredders
      1. Market Size and Forecast, By Region
    6. Slow-Speed High-Torque Shredders
      1. Market Size and Forecast, By Region
  10. Shredding Equipment Market , By Application
    1. Introduction
      1. Market Size and Forecast, By Application
    2. Municipal Solid Waste & Recycling
      1. Market Size and Forecast, By Region
    3. Paper & Document Shredding
      1. Market Size and Forecast, By Region
    4. Plastic & Metal Recycling
      1. Market Size and Forecast, By Region
    5. Construction & Demolition Waste
      1. Market Size and Forecast, By Region
    6. Electronic/E-Waste Processing
      1. Market Size and Forecast, By Region
    7. Biomass & Renewable Energy Applications
      1. Market Size and Forecast, By Region
    8. Secure Industrial Shredding
      1. Market Size and Forecast, By Region
  11. Shredding Equipment Market , By End-Use
    1. Introduction
      1. Market Size and Forecast, By End-Use
    2. Municipal & Government
      1. Market Size and Forecast, By Region
    3. Waste Management & Recycling Companies
      1. Market Size and Forecast, By Region
    4. Automotive & Metal Recycling
      1. Market Size and Forecast, By Region
    5. Construction & Demolition
      1. Market Size and Forecast, By Region
    6. Electronics & E-Waste Processing
      1. Market Size and Forecast, By Region
  12. Shredding Equipment Market , By Distribution Channel
    1. Introduction
      1. Market Size and Forecast, By Distribution Channel
    2. Direct Sales (OEM & Manufacturer)
      1. Market Size and Forecast, By Region
    3. Industrial Equipment Distributors
      1. Market Size and Forecast, By Region
    4. Online B2B Platforms
      1. Market Size and Forecast, By Region
    5. Leasing & Rental Services
      1. Market Size and Forecast, By Region
  13. Regional Overview
    1. Introduction
      1. Market Size and Forecast
    2. North America
      1. Market Size and Forecast
        1. By Product Type
          1. Twin-Shaft Shredders
            1. Single-Shaft Shredders
              1. Granulators
                1. Mobile Shredders
                  1. Slow-Speed High-Torque Shredders
                  2. By Application
                    1. Municipal Solid Waste & Recycling
                      1. Paper & Document Shredding
                        1. Plastic & Metal Recycling
                          1. Construction & Demolition Waste
                            1. Electronic/E-Waste Processing
                              1. Biomass & Renewable Energy Applications
                                1. Secure Industrial Shredding
                                2. By End-Use
                                  1. Municipal & Government
                                    1. Waste Management & Recycling Companies
                                      1. Automotive & Metal Recycling
                                        1. Construction & Demolition
                                          1. Electronics & E-Waste Processing
                                          2. By Distribution Channel
                                            1. Direct Sales (OEM & Manufacturer)
                                              1. Industrial Equipment Distributors
                                                1. Online B2B Platforms
                                                  1. Leasing & Rental Services
                                                2. U.S.
                                                  1. By Product Type
                                                    1. Twin-Shaft Shredders
                                                      1. Single-Shaft Shredders
                                                        1. Granulators
                                                          1. Mobile Shredders
                                                            1. Slow-Speed High-Torque Shredders
                                                            2. By Application
                                                              1. Municipal Solid Waste & Recycling
                                                                1. Paper & Document Shredding
                                                                  1. Plastic & Metal Recycling
                                                                    1. Construction & Demolition Waste
                                                                      1. Electronic/E-Waste Processing
                                                                        1. Biomass & Renewable Energy Applications
                                                                          1. Secure Industrial Shredding
                                                                          2. By End-Use
                                                                            1. Municipal & Government
                                                                              1. Waste Management & Recycling Companies
                                                                                1. Automotive & Metal Recycling
                                                                                  1. Construction & Demolition
                                                                                    1. Electronics & E-Waste Processing
                                                                                    2. By Distribution Channel
                                                                                      1. Direct Sales (OEM & Manufacturer)
                                                                                        1. Industrial Equipment Distributors
                                                                                          1. Online B2B Platforms
                                                                                            1. Leasing & Rental Services
                                                                                          2. Canada
                                                                                        2. Europe
                                                                                          1. Market Size and Forecast
                                                                                            1. By Product Type
                                                                                              1. Twin-Shaft Shredders
                                                                                                1. Single-Shaft Shredders
                                                                                                  1. Granulators
                                                                                                    1. Mobile Shredders
                                                                                                      1. Slow-Speed High-Torque Shredders
                                                                                                      2. By Application
                                                                                                        1. Municipal Solid Waste & Recycling
                                                                                                          1. Paper & Document Shredding
                                                                                                            1. Plastic & Metal Recycling
                                                                                                              1. Construction & Demolition Waste
                                                                                                                1. Electronic/E-Waste Processing
                                                                                                                  1. Biomass & Renewable Energy Applications
                                                                                                                    1. Secure Industrial Shredding
                                                                                                                    2. By End-Use
                                                                                                                      1. Municipal & Government
                                                                                                                        1. Waste Management & Recycling Companies
                                                                                                                          1. Automotive & Metal Recycling
                                                                                                                            1. Construction & Demolition
                                                                                                                              1. Electronics & E-Waste Processing
                                                                                                                              2. By Distribution Channel
                                                                                                                                1. Direct Sales (OEM & Manufacturer)
                                                                                                                                  1. Industrial Equipment Distributors
                                                                                                                                    1. Online B2B Platforms
                                                                                                                                      1. Leasing & Rental Services
                                                                                                                                    2. U.K.
                                                                                                                                      1. By Product Type
                                                                                                                                        1. Twin-Shaft Shredders
                                                                                                                                          1. Single-Shaft Shredders
                                                                                                                                            1. Granulators
                                                                                                                                              1. Mobile Shredders
                                                                                                                                                1. Slow-Speed High-Torque Shredders
                                                                                                                                                2. By Application
                                                                                                                                                  1. Municipal Solid Waste & Recycling
                                                                                                                                                    1. Paper & Document Shredding
                                                                                                                                                      1. Plastic & Metal Recycling
                                                                                                                                                        1. Construction & Demolition Waste
                                                                                                                                                          1. Electronic/E-Waste Processing
                                                                                                                                                            1. Biomass & Renewable Energy Applications
                                                                                                                                                              1. Secure Industrial Shredding
                                                                                                                                                              2. By End-Use
                                                                                                                                                                1. Municipal & Government
                                                                                                                                                                  1. Waste Management & Recycling Companies
                                                                                                                                                                    1. Automotive & Metal Recycling
                                                                                                                                                                      1. Construction & Demolition
                                                                                                                                                                        1. Electronics & E-Waste Processing
                                                                                                                                                                        2. By Distribution Channel
                                                                                                                                                                          1. Direct Sales (OEM & Manufacturer)
                                                                                                                                                                            1. Industrial Equipment Distributors
                                                                                                                                                                              1. Online B2B Platforms
                                                                                                                                                                                1. Leasing & Rental Services
                                                                                                                                                                              2. Germany
                                                                                                                                                                              3. France
                                                                                                                                                                              4. Spain
                                                                                                                                                                              5. Italy
                                                                                                                                                                              6. Russia
                                                                                                                                                                              7. Nordic
                                                                                                                                                                              8. Benelux
                                                                                                                                                                              9. Rest of Europe
                                                                                                                                                                            2. APAC
                                                                                                                                                                              1. Market Size and Forecast
                                                                                                                                                                                1. By Product Type
                                                                                                                                                                                  1. Twin-Shaft Shredders
                                                                                                                                                                                    1. Single-Shaft Shredders
                                                                                                                                                                                      1. Granulators
                                                                                                                                                                                        1. Mobile Shredders
                                                                                                                                                                                          1. Slow-Speed High-Torque Shredders
                                                                                                                                                                                          2. By Application
                                                                                                                                                                                            1. Municipal Solid Waste & Recycling
                                                                                                                                                                                              1. Paper & Document Shredding
                                                                                                                                                                                                1. Plastic & Metal Recycling
                                                                                                                                                                                                  1. Construction & Demolition Waste
                                                                                                                                                                                                    1. Electronic/E-Waste Processing
                                                                                                                                                                                                      1. Biomass & Renewable Energy Applications
                                                                                                                                                                                                        1. Secure Industrial Shredding
                                                                                                                                                                                                        2. By End-Use
                                                                                                                                                                                                          1. Municipal & Government
                                                                                                                                                                                                            1. Waste Management & Recycling Companies
                                                                                                                                                                                                              1. Automotive & Metal Recycling
                                                                                                                                                                                                                1. Construction & Demolition
                                                                                                                                                                                                                  1. Electronics & E-Waste Processing
                                                                                                                                                                                                                  2. By Distribution Channel
                                                                                                                                                                                                                    1. Direct Sales (OEM & Manufacturer)
                                                                                                                                                                                                                      1. Industrial Equipment Distributors
                                                                                                                                                                                                                        1. Online B2B Platforms
                                                                                                                                                                                                                          1. Leasing & Rental Services
                                                                                                                                                                                                                        2. China
                                                                                                                                                                                                                          1. By Product Type
                                                                                                                                                                                                                            1. Twin-Shaft Shredders
                                                                                                                                                                                                                              1. Single-Shaft Shredders
                                                                                                                                                                                                                                1. Granulators
                                                                                                                                                                                                                                  1. Mobile Shredders
                                                                                                                                                                                                                                    1. Slow-Speed High-Torque Shredders
                                                                                                                                                                                                                                    2. By Application
                                                                                                                                                                                                                                      1. Municipal Solid Waste & Recycling
                                                                                                                                                                                                                                        1. Paper & Document Shredding
                                                                                                                                                                                                                                          1. Plastic & Metal Recycling
                                                                                                                                                                                                                                            1. Construction & Demolition Waste
                                                                                                                                                                                                                                              1. Electronic/E-Waste Processing
                                                                                                                                                                                                                                                1. Biomass & Renewable Energy Applications
                                                                                                                                                                                                                                                  1. Secure Industrial Shredding
                                                                                                                                                                                                                                                  2. By End-Use
                                                                                                                                                                                                                                                    1. Municipal & Government
                                                                                                                                                                                                                                                      1. Waste Management & Recycling Companies
                                                                                                                                                                                                                                                        1. Automotive & Metal Recycling
                                                                                                                                                                                                                                                          1. Construction & Demolition
                                                                                                                                                                                                                                                            1. Electronics & E-Waste Processing
                                                                                                                                                                                                                                                            2. By Distribution Channel
                                                                                                                                                                                                                                                              1. Direct Sales (OEM & Manufacturer)
                                                                                                                                                                                                                                                                1. Industrial Equipment Distributors
                                                                                                                                                                                                                                                                  1. Online B2B Platforms
                                                                                                                                                                                                                                                                    1. Leasing & Rental Services
                                                                                                                                                                                                                                                                  2. Korea
                                                                                                                                                                                                                                                                  3. Japan
                                                                                                                                                                                                                                                                  4. India
                                                                                                                                                                                                                                                                  5. Australia
                                                                                                                                                                                                                                                                  6. Singapore
                                                                                                                                                                                                                                                                  7. Taiwan
                                                                                                                                                                                                                                                                  8. South East Asia
                                                                                                                                                                                                                                                                  9. Rest of Asia-Pacific
                                                                                                                                                                                                                                                                2. Middle East and Africa
                                                                                                                                                                                                                                                                  1. Market Size and Forecast
                                                                                                                                                                                                                                                                    1. By Product Type
                                                                                                                                                                                                                                                                      1. Twin-Shaft Shredders
                                                                                                                                                                                                                                                                        1. Single-Shaft Shredders
                                                                                                                                                                                                                                                                          1. Granulators
                                                                                                                                                                                                                                                                            1. Mobile Shredders
                                                                                                                                                                                                                                                                              1. Slow-Speed High-Torque Shredders
                                                                                                                                                                                                                                                                              2. By Application
                                                                                                                                                                                                                                                                                1. Municipal Solid Waste & Recycling
                                                                                                                                                                                                                                                                                  1. Paper & Document Shredding
                                                                                                                                                                                                                                                                                    1. Plastic & Metal Recycling
                                                                                                                                                                                                                                                                                      1. Construction & Demolition Waste
                                                                                                                                                                                                                                                                                        1. Electronic/E-Waste Processing
                                                                                                                                                                                                                                                                                          1. Biomass & Renewable Energy Applications
                                                                                                                                                                                                                                                                                            1. Secure Industrial Shredding
                                                                                                                                                                                                                                                                                            2. By End-Use
                                                                                                                                                                                                                                                                                              1. Municipal & Government
                                                                                                                                                                                                                                                                                                1. Waste Management & Recycling Companies
                                                                                                                                                                                                                                                                                                  1. Automotive & Metal Recycling
                                                                                                                                                                                                                                                                                                    1. Construction & Demolition
                                                                                                                                                                                                                                                                                                      1. Electronics & E-Waste Processing
                                                                                                                                                                                                                                                                                                      2. By Distribution Channel
                                                                                                                                                                                                                                                                                                        1. Direct Sales (OEM & Manufacturer)
                                                                                                                                                                                                                                                                                                          1. Industrial Equipment Distributors
                                                                                                                                                                                                                                                                                                            1. Online B2B Platforms
                                                                                                                                                                                                                                                                                                              1. Leasing & Rental Services
                                                                                                                                                                                                                                                                                                            2. UAE
                                                                                                                                                                                                                                                                                                              1. By Product Type
                                                                                                                                                                                                                                                                                                                1. Twin-Shaft Shredders
                                                                                                                                                                                                                                                                                                                  1. Single-Shaft Shredders
                                                                                                                                                                                                                                                                                                                    1. Granulators
                                                                                                                                                                                                                                                                                                                      1. Mobile Shredders
                                                                                                                                                                                                                                                                                                                        1. Slow-Speed High-Torque Shredders
                                                                                                                                                                                                                                                                                                                        2. By Application
                                                                                                                                                                                                                                                                                                                          1. Municipal Solid Waste & Recycling
                                                                                                                                                                                                                                                                                                                            1. Paper & Document Shredding
                                                                                                                                                                                                                                                                                                                              1. Plastic & Metal Recycling
                                                                                                                                                                                                                                                                                                                                1. Construction & Demolition Waste
                                                                                                                                                                                                                                                                                                                                  1. Electronic/E-Waste Processing
                                                                                                                                                                                                                                                                                                                                    1. Biomass & Renewable Energy Applications
                                                                                                                                                                                                                                                                                                                                      1. Secure Industrial Shredding
                                                                                                                                                                                                                                                                                                                                      2. By End-Use
                                                                                                                                                                                                                                                                                                                                        1. Municipal & Government
                                                                                                                                                                                                                                                                                                                                          1. Waste Management & Recycling Companies
                                                                                                                                                                                                                                                                                                                                            1. Automotive & Metal Recycling
                                                                                                                                                                                                                                                                                                                                              1. Construction & Demolition
                                                                                                                                                                                                                                                                                                                                                1. Electronics & E-Waste Processing
                                                                                                                                                                                                                                                                                                                                                2. By Distribution Channel
                                                                                                                                                                                                                                                                                                                                                  1. Direct Sales (OEM & Manufacturer)
                                                                                                                                                                                                                                                                                                                                                    1. Industrial Equipment Distributors
                                                                                                                                                                                                                                                                                                                                                      1. Online B2B Platforms
                                                                                                                                                                                                                                                                                                                                                        1. Leasing & Rental Services
                                                                                                                                                                                                                                                                                                                                                      2. Turky
                                                                                                                                                                                                                                                                                                                                                      3. Saudi Arabia
                                                                                                                                                                                                                                                                                                                                                      4. South Africa
                                                                                                                                                                                                                                                                                                                                                      5. Egypt
                                                                                                                                                                                                                                                                                                                                                      6. Nigeria
                                                                                                                                                                                                                                                                                                                                                      7. Rest of MEA
                                                                                                                                                                                                                                                                                                                                                    2. LATAM
                                                                                                                                                                                                                                                                                                                                                      1. Market Size and Forecast
                                                                                                                                                                                                                                                                                                                                                        1. By Product Type
                                                                                                                                                                                                                                                                                                                                                          1. Twin-Shaft Shredders
                                                                                                                                                                                                                                                                                                                                                            1. Single-Shaft Shredders
                                                                                                                                                                                                                                                                                                                                                              1. Granulators
                                                                                                                                                                                                                                                                                                                                                                1. Mobile Shredders
                                                                                                                                                                                                                                                                                                                                                                  1. Slow-Speed High-Torque Shredders
                                                                                                                                                                                                                                                                                                                                                                  2. By Application
                                                                                                                                                                                                                                                                                                                                                                    1. Municipal Solid Waste & Recycling
                                                                                                                                                                                                                                                                                                                                                                      1. Paper & Document Shredding
                                                                                                                                                                                                                                                                                                                                                                        1. Plastic & Metal Recycling
                                                                                                                                                                                                                                                                                                                                                                          1. Construction & Demolition Waste
                                                                                                                                                                                                                                                                                                                                                                            1. Electronic/E-Waste Processing
                                                                                                                                                                                                                                                                                                                                                                              1. Biomass & Renewable Energy Applications
                                                                                                                                                                                                                                                                                                                                                                                1. Secure Industrial Shredding
                                                                                                                                                                                                                                                                                                                                                                                2. By End-Use
                                                                                                                                                                                                                                                                                                                                                                                  1. Municipal & Government
                                                                                                                                                                                                                                                                                                                                                                                    1. Waste Management & Recycling Companies
                                                                                                                                                                                                                                                                                                                                                                                      1. Automotive & Metal Recycling
                                                                                                                                                                                                                                                                                                                                                                                        1. Construction & Demolition
                                                                                                                                                                                                                                                                                                                                                                                          1. Electronics & E-Waste Processing
                                                                                                                                                                                                                                                                                                                                                                                          2. By Distribution Channel
                                                                                                                                                                                                                                                                                                                                                                                            1. Direct Sales (OEM & Manufacturer)
                                                                                                                                                                                                                                                                                                                                                                                              1. Industrial Equipment Distributors
                                                                                                                                                                                                                                                                                                                                                                                                1. Online B2B Platforms
                                                                                                                                                                                                                                                                                                                                                                                                  1. Leasing & Rental Services
                                                                                                                                                                                                                                                                                                                                                                                                2. Brazil
                                                                                                                                                                                                                                                                                                                                                                                                  1. By Product Type
                                                                                                                                                                                                                                                                                                                                                                                                    1. Twin-Shaft Shredders
                                                                                                                                                                                                                                                                                                                                                                                                      1. Single-Shaft Shredders
                                                                                                                                                                                                                                                                                                                                                                                                        1. Granulators
                                                                                                                                                                                                                                                                                                                                                                                                          1. Mobile Shredders
                                                                                                                                                                                                                                                                                                                                                                                                            1. Slow-Speed High-Torque Shredders
                                                                                                                                                                                                                                                                                                                                                                                                            2. By Application
                                                                                                                                                                                                                                                                                                                                                                                                              1. Municipal Solid Waste & Recycling
                                                                                                                                                                                                                                                                                                                                                                                                                1. Paper & Document Shredding
                                                                                                                                                                                                                                                                                                                                                                                                                  1. Plastic & Metal Recycling
                                                                                                                                                                                                                                                                                                                                                                                                                    1. Construction & Demolition Waste
                                                                                                                                                                                                                                                                                                                                                                                                                      1. Electronic/E-Waste Processing
                                                                                                                                                                                                                                                                                                                                                                                                                        1. Biomass & Renewable Energy Applications
                                                                                                                                                                                                                                                                                                                                                                                                                          1. Secure Industrial Shredding
                                                                                                                                                                                                                                                                                                                                                                                                                          2. By End-Use
                                                                                                                                                                                                                                                                                                                                                                                                                            1. Municipal & Government
                                                                                                                                                                                                                                                                                                                                                                                                                              1. Waste Management & Recycling Companies
                                                                                                                                                                                                                                                                                                                                                                                                                                1. Automotive & Metal Recycling
                                                                                                                                                                                                                                                                                                                                                                                                                                  1. Construction & Demolition
                                                                                                                                                                                                                                                                                                                                                                                                                                    1. Electronics & E-Waste Processing
                                                                                                                                                                                                                                                                                                                                                                                                                                    2. By Distribution Channel
                                                                                                                                                                                                                                                                                                                                                                                                                                      1. Direct Sales (OEM & Manufacturer)
                                                                                                                                                                                                                                                                                                                                                                                                                                        1. Industrial Equipment Distributors
                                                                                                                                                                                                                                                                                                                                                                                                                                          1. Online B2B Platforms
                                                                                                                                                                                                                                                                                                                                                                                                                                            1. Leasing & Rental Services
                                                                                                                                                                                                                                                                                                                                                                                                                                          2. Mexico
                                                                                                                                                                                                                                                                                                                                                                                                                                          3. Argentina
                                                                                                                                                                                                                                                                                                                                                                                                                                          4. Chile
                                                                                                                                                                                                                                                                                                                                                                                                                                          5. Colombia
                                                                                                                                                                                                                                                                                                                                                                                                                                          6. Rest of LATAM
                                                                                                                                                                                                                                                                                                                                                                                                                                      2. Competitive Landscape, 2024
                                                                                                                                                                                                                                                                                                                                                                                                                                        1. Introduction
                                                                                                                                                                                                                                                                                                                                                                                                                                        2. Shredding Equipment Market Share Analysis, 2024 (%)
                                                                                                                                                                                                                                                                                                                                                                                                                                          1. Market Share Analysis, 2024
                                                                                                                                                                                                                                                                                                                                                                                                                                          2. Competition Ranking, 2024
                                                                                                                                                                                                                                                                                                                                                                                                                                          3. Key Developments & Growth Strategies
                                                                                                                                                                                                                                                                                                                                                                                                                                            1. Merger & Acquisition
                                                                                                                                                                                                                                                                                                                                                                                                                                            2. Product Launch
                                                                                                                                                                                                                                                                                                                                                                                                                                            3. Expansion
                                                                                                                                                                                                                                                                                                                                                                                                                                          4. Consolidated SWOT Analysis of Key Players
                                                                                                                                                                                                                                                                                                                                                                                                                                      3. Company Profile
                                                                                                                                                                                                                                                                                                                                                                                                                                        1. SSI Shredding Systems, Inc.
                                                                                                                                                                                                                                                                                                                                                                                                                                          1. Business Overview
                                                                                                                                                                                                                                                                                                                                                                                                                                          2. Financial Data
                                                                                                                                                                                                                                                                                                                                                                                                                                          3. Key Product domains
                                                                                                                                                                                                                                                                                                                                                                                                                                          4. Recent Developments
                                                                                                                                                                                                                                                                                                                                                                                                                                        2. Vecoplan LLC
                                                                                                                                                                                                                                                                                                                                                                                                                                        3. UNTHA Shredding Technology GmbH
                                                                                                                                                                                                                                                                                                                                                                                                                                        4. Weima Maschinenbau GmbH
                                                                                                                                                                                                                                                                                                                                                                                                                                        5. Lindner Recyclingtech GmbH
                                                                                                                                                                                                                                                                                                                                                                                                                                        6. Komptech GmbH
                                                                                                                                                                                                                                                                                                                                                                                                                                        7. Shred-Tech Corporation
                                                                                                                                                                                                                                                                                                                                                                                                                                        8. Harden Machinery Ltd
                                                                                                                                                                                                                                                                                                                                                                                                                                        9. BCA Industries
                                                                                                                                                                                                                                                                                                                                                                                                                                        10. Granutech-Saturn Systems