DGAP-News: Recyc Commodities SE : Recyc Commodities SE expands its recycling business
(firmenpresse) - DGAP-News: Recyc Commodities SE / Key word(s): Miscellaneous
Recyc Commodities SE : Recyc Commodities SE expands its recycling
business
09.05.2011 / 20:00
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(Karlsruhe, May 9th, 2011) Recyc Commodities SE has taken an 83 % stake in
the Mannheim based Provaluta AG. The Provaluta AG reprocesses precious
metals, and trades actively with raw and recyclable materials. In addition,
Provaluta AG acts as an investment vehicle in order to consolidate the
operations of the various investments while optimizing them both from a
strategic as well as economic standpoint; through its size, as well as the
given synergistic potential. As a result, Provaluta AG bought a 50 % stock
in MWF Metall Recycling GmbH, whose business focus is the profitable
recycling of catalytic converters allowing MWF to extract platinum group
metals such as Rhodium, Palladium and Platinum, which are currently in
strong demand.
About Provaluta AG
Aside from the reprocessing of precious metals from catalytic converters,
the business focus of Provaluta AG is the profitable recycling and trading
of raw and recyclable materials. The company sells physical unrefined
Gold, Silver and Rhodium to smelters and refineries. Provaluta AG earns
its money with the trading margin between purchase and sale. In addition to
this, the company has established a further business which finances equity
investments and commercial transactions in the area of recycling as well as
for affiliated companies. Currently, the company is preparing itself for a
long-term boom in the demand for precious metals.
Further information about Provaluta AG can be found in the internet under
http://www.provaluta.eu/
About MWF Metall Recycling GmbH
The Karlsruhe based company gains valuable raw materials such as Lead,
Platinum, Rhodium and Palladium out of scrap metal. The MWF possesses a
modern laboratory with the technology enabling it to predetermine the
existing elements and their amounts in each catalytic converter, prior to
its recycling. Overall, approximately 20 people are involved in the
ambitious project 'Save resources by efficient recycling of metal'; from
the purchase, the analysis, the certified processing, the storage, through
to the distribution.
Further information about MWF Metall Recycling GmbH can be found in the
internet under http://www.mwf-recycling.com
About Recyc Commodities SE
The Recyc Commodities SE finances potential high growth companies in the
recycling industry, in their early and expansion phases. The financial
holdings are concentrated on innovative firms situated for the most part in
Germany. Recyc Commodities invests in partnerships as well as in exchange
listed corporations. In exceptional cases, Recyc Commodities is also
prepared to take over the management functions for certain specially picked
companies and/or service providers in the recycling- and raw materials
business.
Further information about Recyc Commodities SE can be found in the internet
under http://recyc.info/
Recyc Commodities SE
Herrenstraße 9
76133 Karlsruhe
T.: +49 (0)721 94 880 0
F.: +49 (0)721 94 88011
E.: recyc(at)recyc.info
End of Corporate News
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123681 09.05.2011
Datum: 09.05.2011 - 20:00 Uhr
Sprache: Deutsch
News-ID 33999
Anzahl Zeichen: 0
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Kategorie:
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