Monday, June 19, 2017

BASF boosts precious metals recycling capabilities

Company completes installation of equipment at Seneca, South Carolina, plant.


ISELIN, NJ, June 1, 2017 – BASF has completed the installation and start-up of new high-performance equipment at its Seneca, South Carolina operation, which will more than double the precious metals milling and sampling production capacity there.

The Seneca site serves as BASF’s global production hub for the recycling of end-of-life automotive and chemical catalysts, allowing for the efficient recovery and recycling of platinum group metals (PGMs.)

 
An operator at the Seneca, South Carolina, site recycles precious metals from a scrapped catalytic convertor. The site serves as BASF’s global production hub for the recycling of end-of-life automotive and chemical catalysts, allowing for the efficient recovery and recycling of the precious metals contained inside. This creates a sustainable secondary supply source for such limited global resources. (Credit: BASF press photo)

“Our investment in this high-performance equipment allows us to increase precious metals recycling at the Seneca site to meet growing market demand,” said David Freidinger, BASF Vice President, Precious Metals Recycling & Refining. “This also supports our strategy to offer superior quality in our recycling services.”

Automotive catalytic converters are one of the largest industrial applications for PGMs, accounting for more than half of the world’s annual mining output. When a catalytic converter is scrapped, the precious metal contained inside can be recycled, creating a sustainable secondary supply source for such limited global resources.

BASF is a leading global manufacturer of precious metal products which are used in a variety of industrial applications, including automotive catalytic converters. The company is committed to growing its position in the PGM recycling market and providing customers with a high-quality source of these metals for the long-term. Additional information on BASF’s metals recycling operations can be found at:  www.converter-recycling.basf.com.

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