**：silicon semiconductor
The acquisition adds smelting capacity to serve end-of-life automotive catalyst customers in Europe, the Middle East and Africa.
BASF Environmental Catalysts & Metals Solutions (BASF ECMS) has signed an agreement to purchase Arc Metal AB's assets in Hofosz, Sweden. The company currently provides contract services such as the smelting and processing of used automotive catalysts, and will further complement ECMS's existing global*** operations in Sindford, UK, Seneca and Spartanburg, South Carolina, and Caldwell, Texas, USA. The transaction is expected to close early in the first quarter of 2024.
"This investment will enable us to grow our business in Europe and introduce best-in-class pyrometallurgical technology, providing flexibility to process high-carbon materials, such as silicon carbide in used automotive catalyst materials, and enter new markets," said Tim Ingle, Senior Vice President, ECMS*** Services and **. We look forward to and welcome new colleagues with extensive experience in the smelting and processing of catalysts for used vehicles. ”
The new smelting capacity at the Swedish plant will also increase capacity utilization at the new refinery in Seneca, South Carolina. The catalysts are smelted and then refined to produce the high purity needed to manufacture new catalysts and other end-use products*** to support the circular economy. PGMs also reduce carbon emissions by up to 97% compared to refined, mined or virgin materials.
Dirk Bremm, President and Chief Executive Officer of ECMS, said: "This asset purchase will enable ECMS to meet the growing customer demand for end-of-life vehicle catalysts** and make ECMS more competitive in the region. This acquisition is also in line with our and our customers' sustainability goals, as being a secondary catalyst is important and conserves our critical resources. ”
Original link:[2024 annual plan].Two excellent magazines affiliated to ACT International Business News: "Compound Semiconductor" The annual plan for the 2024 seminar of "Semiconductor Core Technology" has been released. Online and offline, seek common industry development and industrial progress!Business opportunities and cooperation at a glance, you are welcome to get it!
Conference Preview] On January 11, 2024, the first session of the new year, the Crystal Core Seminar invites you to reunite online
Power semiconductors have become one of the core devices in the industry, and Henkel China, a leading supplier of packaging materials, will be invited to share its most advanced materials and research progress in the field of power semiconductor packagingScan the QR code to make an appointment and invite you to communicate online.
Disclaimer: This **part of the article** is from the Internet, ** is only for wider dissemination. *The copyright of the article belongs to the original author, if you have any objection, please contact us to modify or delete. Contact email: [email protected]， *0755-25988573