BASF expands global Platinum Group Metals refining recycling capacity, further driving circular economy business.
BASF announced the expansion of its Seneca, South Carolina, USA, Platinum Group Metals (PGM) refining facility.
The company will invest double-digit millions in capital improvements to increase refining capacity to recycle precious metals from spent catalysts such as automotive catalytic converters.
Recycled metal has as much as 90% lower CO2 emissions than metal from primary mines. By recovering the precious metals for reuse in fresh catalysts BASF closes the loop with circular economy solutions.
BASF Expands Global Platinum Group Metals Refining Recycling Capacity, Further Driving Circular Economy Business
Tim Ingle, Vice President, BASF Precious Metals Refining, Chemicals & Battery Recycling.
This investment further strengthens our global leadership position in the spent automotive catalyst recycling market.
“We are proud to enable the circular economy and to support our customers’, and our own, sustainability goals.”
BASF’s Seneca site produces precious metal catalysts and chemicals that are used by BASF customers to produce a wide variety of products, including herbicides, plastics, pharmaceuticals, automotive emission catalysts, fragrances and fertilizers.
About BASF’s Catalysts division
BASF’s Catalysts division is the world’s leading supplier of environmental and process catalysts. The group offers exceptional expertise in the development of technologies that protect the air we breathe, produce the fuels that power our world and ensure efficient production of a wide variety of chemicals, plastics and other products, including advanced battery materials.
By leveraging our industry-leading R&D platforms, passion for innovation and deep knowledge of precious and base metals, BASF’s Catalysts division develops unique, proprietary solutions that drive customer success.
BASF expands global PGM refining capacity, further driving circular economy business, May 12, 2021
