Heraeus new recycling facility recover precious metals

Heraeus new recycling facility to recover precious metals

4:18 AM, 14th July 2016
Heraeus new recycling facility to recover precious metals

HANAU, GERMANY: Heraeus has opened a new recycling facility in Udaipur, India to recover precious metals from spent petroleum catalysts in India.

This facility will be operated by the German-Indian joint venture Ravindra Heraeus (equally owned by the Ravindra Choksi family and Heraeus) and will offer India’s petrochemical industry more capacity and state-of-the-art technology to recycle platinum and palladium in the country.

Indian companies will therefore benefit from larger national recycling facilities, which will provide less transport costs and easier file processing, faster recycling times and better transparency in the market and overall improved costing for catalyst recycling. The new technology will furthermore offer latest environmental and social standards. After the recycling process, “Ravindra Heraeus” offer its customers to either receive new precious metals products, precursors or the pure recycled precious metals.

“The new recycling facility of Ravindra Heraeus in India will allow our customers from the petrochemical sector to receive outstanding catalyst recycling standards in India. We will be the only globally active precious metal company with local recycling capabilities in this very important sector. Together with our trusted and long-term partner Ravindra we will be able to offer fast, local and first class recycling services to our customers,” said Andre Christl, president of Heraeus metal management, the companies precious metal recycling and trading unit.

“Our Company is specialized in the manufacturing of high-tech precious and specialty metal products and solutions. Ravindra Heraeus’ comprehensive refining services cover various types of precious metal containing material and make us the leading partner for the customer’s business,” said Shailesh Choksi, JV managing director.

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