BASF has announced the expansion of its Seneca, South Carolina, Platinum Group Metals (PGM) refining facility.
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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. By recovering the precious metals for reuse in fresh catalysts, BASF closes the loop with circular economy solutions.
The precious metal catalysts and chemicals produced at the Seneca site are used by BASF customers to produce a variety of products, including herbicides, plastics, pharmaceuticals, automotive emission catalysts, fragrances and fertilizers.
Tim Ingle, vice president, BASF Precious Metals Refining, Chemicals and Battery Recycling, said, “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.”
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