The site in Caldwell, Texas, USA recycles precious metals from industrial scrap, especially chemical catalysts. It aims to complement BASF’s existing precious metal recycling facility in Seneca, South Carolina, and increase its solubility in North America as a whole. BASF said there are also plans to expand productivity, with additional staff being hired.
The extra solubility at the Caldwell site will enable us to take advantage of the recently announced Seneca refinery. Recycled catalysts go through melting and are refined to produce the high purity precious metal needed to make new catalysts.
“With this investment, we will be able to meet the increased customer demand for recycling used chemical and automotive catalysts,” said Tim Ink, Vice President, BASF Precious Metals Refining, Chemicals and Battery Recycling. Recycled metal emits up to 90% less CO2 than refining the primary metal from a mine.