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Archives 2018
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The Seneca is a South Carolinian specialized recycling site. It recycles precious metals from scrap catalytic converters for BASF’s global production. Thus, it deals with end-of-life automotive and chemical cats; ensuring the recycling of Palladium, Platinum, and Rhodium metals. BASF’s headquarters are located in Florham Park, in New Jersey and they are dominating the headlines thanks to the completed installation and startup of a new high-performance recycling engine. The new equipment is lo ...
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A recent study, the first one since the 2015 Volkswagen diesel emissions scandal, revealed that even the latest models of European diesel cars severely harm the environment. According to the results, more than 4 000 vehicle models have nitrogen oxides (NOx). This exceeds the ceiling levels set by the European Union. The rating system used by the EU, The Real Urban Emissions Initiative (TRUE), has a date set of 375 000 individual cars across the continent and divides all vehicle ...
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Rhodium: a rare metal Over 100 times rarer than gold, Rhodium is one of the most important metals to the $2 trillion global auto industry. The importance of Rhodium is such that at one point, in 2008 it traded at over $10,000 an ounce; although more recently prices have now dropped to a more realistic $750 an ounce. Rhodium is one of a number of metals including platinum, palladium, ruthenium, iridium, and osmium that make up the Platinum Group Metals. These metals share similar physical a ...
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Autocatalyst producers are predicting that, in 2018, the demand for platinum and palladium in the automobile industry will move in opposite directions. Palladium demand incessantly growing Palladium is a major component in catalytic converters, which are used to clean up exhaust fumes. A report from Johnson Matthew Plc. recently showed that palladium consumption in the catalytic converters is likely to reach a peak in 2018. This is due to the increasing demand for gasoline v ...
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The looming greenhouse effect together with the scarcity of raw materials has made recycling and sustainable development big issues and a real challenge for the coming years. However, several disposals are still underestimated and dismissed in the recycling process. A case in point is scrap catalytic converters, which contain significant quantities of palladium, platinum, and rhodium; a true precious metals bonanza! That is why recycling scrap cats is a significant alternative to co ...
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You will find here some articles related to the catalytic converter recycling business and the PGM market news.
Categories
- 32 Auto catalyst
- 8 Automotive industry
- 2 Europe
- 11 Platinum Group Metals
- 3 Platinum
- 4 Palladium
- 3 Rhodium
- 5 Regulations