Page 155 - CW E-Magazine (30-1-2024)

News from Abroad

as catalysts in applications including and enabling customers to reduce their €300-mn recycling expansion pro-
exhaust gas purification, green hydro- CO footprints. gramme spanning China, the US and
2
gen generation, fertiliser production, Germany, according to Heraeus Precious
jewellery, and in cancer therapy medi- China relies heavily on imported Metals’ Senior VP – Chemicals Busi-
cines. precious metals due to limited domes- ness Line, Mr. Marius Vigener. “It will
tic supplies. This highlights the impor- support our customers by meeting their
In Pinghu, the JV will use BASF tance of recycling to meet the country’s increasing demand for low-carbon foot-
ECMS’ pyrometallurgy recycling tech- needs. The auto-catalyst recycling mar- print products. This commitment to sus-
nology, providing customers with state- ket in China is expected to grow at the tainable development benefits not only
of-the-art technology for the recovery rate of 18% a year. both companies but also the wider PGM
of precious metals. and downstream industries,” he noted.
According to Heraeus, recycling of
BASF ECMS’ Senior VP – Pre- precious metals offers a substantial re- In Germany, Heraeus is expanding
cious Metal Services & Recycling, duction in carbon footprint, potentially its PGMs recycling capacity in Hanau,
Mr. Tim Ingle, described China as saving up to 98% of carbon emissions as well as providing additional recyc-
an important market and said BHMR compared to mining operations. ling capacity development in Wart-
would facilitate the reuse of PGMs burg, Tennessee, and Santa Fe Springs,
in China while supporting circularity The JV investment is part of a global California, both in the US.
SPECIALITY CHEMICALS
Colonial Chemical inaugurates new JV facility

in Saudi Arabia

US-based speciality surfactants ing, lubricants, and other industries.
supplier, Colonial Chemical, recently The facility will also provide a secure
announced the formal opening of its sourcing point for the larger Middle
new facility in Dammam, Saudi Arabia. East region taking advantage of local
feedstocks.
The new venture, Colonial Chemi-
cal Middle East Arabia, is a joint ven- “We are very excited about the new
ture (JV) between Colonial Chemical venture and the very positive response
and Saudi Arabian partners, Sadeem we have had from the market. We look
Investments and Earth Reservoir for forward to developing the business and
Oil & Gas. making Colonial Chemical ME Arabia
to meet the demand of service com- a strong contributor to growth in the
The new facility will manufacture panies and formulators in the oil & region,” said Mr. David Anderson
speciality chemicals and surfactants gas, consumer & personal care, min- Sr., Chairman, CCI/CCME.

Chemical Weekly January 30, 2024 155
Contents Index to Advertisers Index to Products Advertised