BASF has announced the expansion of its Seneca, South Carolina, 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 CO 2
emissions than metal from primary mines. By recovering the precious metals for
reuse in fresh catalysts, BASF closes the loop with circular economy solutions.
“This investment further strengthens our global leadership position in the spent
automotive catalyst recycling market,” said Tim Ingle, Vice President, BASF Precious
Metals Refining, Chemicals & Battery Recycling. “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 fertilizer.