DGAP-News: Recyc Commodities SE : Recyc Commodities SE enlarges its investment portfolio
(firmenpresse) - DGAP-News: Recyc Commodities SE / Key word(s):
Miscellaneous/Miscellaneous
Recyc Commodities SE : Recyc Commodities SE enlarges its investment
portfolio
20.05.2011 / 20:00
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(Karlsruhe, May 20th, 2011) The Provaluta AG, the 83 % subsidiary of Recyc
Commodities SE, based in Mannheim, is to begin to purchase and recycle
spent catalysts in northern Germany. For this reason, the newly founded
Hansekat Recycling GmbH in Reinbeck, near Hamburg, has installed an
ultra-modern facility for separating used motor vehicle catalytic
converters. Recyc Commodities SE is via Provaluta AG a 50 % shareholder of
the Hamburg based company. The remaining 50 % of Hansekat Recycling GmbH is
held by ETH Umwelttechnik GmbH, Hamburg. The company based in northern
Germany, is a strategic partner for the marketing and sales activities in
the Middle East and for assembly centers in Germany. In the medium term
future, the establishment of an appropriate network in further countries is
scheduled, in order to better access to the coveted scrap metal. Initial
investments will be made by both Hansekat shareholders, Recyc Commodities
SE via Provaluta AG and ETH Umwelttechnik GmbH.
About ETH Umwelttechnik GmbH
The ETH Umwelttechnik GmbH has been successfully recycling and/or disposing
of communal, industrial, and commercial waste since 1985. Aside from its
own processing, treatment and recycling plants, the Hamburg based company
also offers waste logistics as a part of its product spectrum. ETH operates
four terminals and storage areas which are accessible by water, land and
rail in northern Germany with a total area of more than 115,000 m²as well
as over 10,000 m²of enclosed warehouse space. The company recycles waste
for its 'renewable energy' division and processes (in some cases in its own
modern plants), new energy forms such as biogas or other biofuels.
Further information about ETH Umwelttechnik GmbH can be found in the
internet under http://eth-umwelt.de/cms/front_content.php
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.
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 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 inthe 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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125615 20.05.2011
Datum: 20.05.2011 - 20:00 Uhr
Sprache: Deutsch
News-ID 34164
Anzahl Zeichen: 0
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Kategorie:
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