With an accout for my.chemeurope.com you can always see everything at a glance – and you can configure your own website and individual newsletter.
To use all functions of this page, please activate cookies in your browser.
The BASF and Heraeus plant will enable a circular economy solution through recycling of spent automotive catalysts for high-tech industries in China that use precious metals.
BASF and Heraeus have agreed to form a joint venture (BASF: 50%; Heraeus: 50%) to recover precious metals from spent automotive catalysts. The new company named BASF HERAEUS (China) Metal Resource Co., Ltd will be set up in Pinghu, China. The founding of the legal entity is targeted in Q1 2022, following the approval of the relevant authorities. Construction is planned to begin in 2022, with start of operations in 2023.
China has limited natural resources in Platinum Group Metals (PGMs) consisting predominately of platinum, palladium and rhodium and strongly relies on imports. Recycling scrap materials, such as spent automotive catalytic converters, to recover PGMs, enable a circular economy. The precious metals are used to make new products for the automotive, chemical, electronics and green hydrogen industries. Recycled precious metals are furthermore very environmentally friendly and have as much as a 90 percent lower CO2 footprint than primary metals from a mine. Ensuring a local supply of recycled precious metals for China is an enabler for a sustainable future.
“Through the partnership with Heraeus, we will bring best-in-class pyrometallurgy technology for the recovery of precious metals from spent automotive catalysts in China and help improve resource utilization for high-tech and other companies that use precious metals,” said Tim Ingle, Vice President, BASF Precious Metals Refining, Chemicals & Battery Recycling. “BASF’s leading position in automotive catalysts recycling and our combined expertise in precious metals will provide customers with a world-class circular economy solution to re-use precious metals in China.”
Marius Vigener, Vice President Business Line Chemicals at Heraeus Precious Metals, added: “This JV builds on our already strong presence in China within the wet-chemical recycling industry. Recycled precious metals minimize emissions and will enable our customers to reduce their CO2 footprint. This will support China in the development of its circular economy and contribute significantly to the stability of local precious metal supplies.”
The new factory will contribute to the advancement of the local economy through the creation of 100 new jobs.
You are currently not logged in to my.chemeurope.com . Your changes will in fact be stored however can be lost at all times.
My notice: Add / edit notice
my watchlist Cancel Save notice
BASF Group releases preliminary figures for the second quarter of 2022
BASF has released preliminary figures for the second quarter of 2022. Sales increased by 16 percent in the second quarter of 2022 to €22,974 million (Q2 2021: €19,753 million). This was mainly driven by higher prices; currency effects, primarily relating to the U.S. dollar, had a positive e ... more
BASF and THOR GmbH fight fire together
BASF and THOR GmbH are combining their expertise in non-halogenated flame retardant additives to provide customers with a comprehensive solution that will enhance the sustainability and performance for specific plastic compounds, as well as meet stringent fire safety requirements. Flame ret ... more
BASF and MAN Energy Solutions enter into partnership for construction of one of the world’s largest heat pumps
BASF and MAN Energy Solutions have entered into a strategic partnership to pursue the construction of an industrial-scale heat pump at the BASF site in Ludwigshafen. This project is intended to make an important contribution to reducing greenhouse gas emissions, establishing the use of low- ... more
Industrial implementation of the ammonia synthesis - How does it work?
In September 1913, the first industrial-scale ammonia production plant came on stream at BASF in Ludwigshafen. The Haber-Bosch process for ammonia synthesis, which was first successfully operated at BASF Ludwigshafen in September 1913, was the decisive step into the age of mineral fertilize ... more
From our centre at Cheadle in Cheshire, we market a wide range of products, including acrylic monomers; fine chemicals; intermediate chemicals; speciality chemicals; dispersions; pigments; plastics; textile chemicals and crop protection products. Our Construction Chemicals business is a lea ... more
BASF de Nicaragua S.A.
BASF is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from oil and gas to chemicals, plastics, performance products, agricultural products and fine chemicals. As a reliable partner BASF helps its customers in virtually all industries to be more successful. ... more
BASF Construction Polymers GmbH, Trostberg, Germany, is a leading innovator and producer of construction and oilfield polymers. Our product portfolio for construction chemicals consists of superplasticizers, dispersants, plasticizers, rheology modifying agents, stabilizers, defoamers and ai ... more
Heraeus Accelerator Program 2021 starts with five start-ups
Heraeus, a leading technology group, is launching its 2021 Accelerator Program with five selected start-ups: OrelTech, Fusion Bionic, Highline Technology, Intelligent Fluids from Germany and NANOGAP from Spain. The focus of the 2021 program is on start-ups developing solutions and products ... more
Songwon & Heraeus join forces to develop high end specialty chemicals for the electronics industry
Songwon and Heraeus announced that they have signed a co-operation agreement to jointly develop and market high end specialty chemicals for the electronics industry. This new co-operation combines Songwon's strong expertise in R&D and chemical manufacturing with Heraeus' technical capabilit ... more
BMBF Project NEMO: Research on New OLED Materials Successfully Concluded
After three years of intensive research in the field of new solution-processable materials for OLEDs (Organic Light-Emitting Diodes), Merck and ten other partners from industry and academia have successfully concluded the "New materials for OLEDs from solutions" (NEMO) project co-funded by ... more
First broadband UV-LED for portable spectroscopy makes in-field analysis easier than ever.
Heraeus Deutschland GmbH & Co. KG
A globally leading technology group, Heraeus is headquartered in Hanau, Germany. Founded in 1851, it is a family-owned portfolio company which traces its roots back to a pharmacy opened by the family in 1660. Today, Heraeus combines businesses in the environmental, energy, electronics, heal ... more
The organisation develops, manufactures and markets Infrared emitter/modules for applications in industrial manufacture, UV-LED Curing lamps, UV lampen for spectroscopy e.g. Deuterium lamps, Hollow cathode lamps, UV Lamps/-Modules for disinfection, oxidation, drying, curing for vironmental ... more
Heraeus, the technology group headquartered in Hanau, Germany, is a leading international family-owned company formed in 1851. With expertise, a focus on innovations, operational excellence and an entrepreneurial leadership, we strive to continuously improve the businesses of our customers ... more
Read what you need to know about our industry portal chemeurope.com.
Find out more about the company LUMITOS and our team.
Find out how LUMITOS supports you with online marketing.
© 1997-2022 LUMITOS AG, All rights reserved