Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of MRW, please enable cookies in your browser

We'll assume we have your consent to use cookies, so you won't need to log in each time you visit our site.
Learn more

Platinum prices spur recycling of catalytic converters

A mixture of EU legislation and high prices for platinum are helping to increase the number of catalytic converters recycled, according to a platinum specialist.

Platinum prices keep on increasing worldwide and show no signs of slowing down this year. A catalytic converter is a device used to reduce the toxicity of emissions from an internal combustion engine. Catalytic converters have only been fitted into new petrol engines in the last 15 years so the business of their recovery is still developing.

Johnson Mattheys [specialist chemical company] programme manager David Jollie produced a review of the platinum markets and said catalytic converters are an important source of recovery.

A higher proportion of catalytic converters are becoming recycled and this is driven by the high value and legislation like the End-of-Life Vehicles Directive, which says you have to recycle a certain amount of a scrapped car by weight.

Metal prices have been high for the last few years now.

Previous stories, Call to boost platinum recycling from cars(27/03/08)
 

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.