Ravindra Heraeus acquires Arora Matthey’s catalyst and recycling site
Published by Emilie Grant,
Editorial Assistant
Hydrocarbon Engineering,
Ravindra Heraeus Private Ltd has acquired the business of Arora Matthey in Vizag, India, and will continue its operation with over 70 employees. Through the acquisition, the customers in chemicals and pharmaceuticals industries will benefit from Heraeus’ range of precious metals catalyst and recycling technology.
The company already produces heterogenous precious metal catalysts at its main site in Udaipur. The acquisition follows several significant investments in the company's main site in Udaipur in expanding its pyrometallurgical and wet chemical recycling capacities and capabilities.
Ravindra Heraeus is one of India’s most renowned companies for precious metal products. The joint venture is equally owned by the Ravindra Choksi family and Heraeus. With the acquisition of the Arora Matthey Vizag site, Ravindra Heraeus is not only expanding its operating scale, but the investment also shows Heraeus’ commitment to the Indian market.
The facility produces precious metal containing catalysts that are used in the chemicals and pharmaceuticals industries. The offering includes heterogenous catalysts containing platinum group metals on a variety of catalyst carriers as well as homogenous catalysts. In addition, spent catalysts are returned and recycled – ensuring a full loop service, keeping scarce precious metals in the economic cycle.
Read the article online at: https://www.hydrocarbonengineering.com/refining/30092024/ravindra-heraeus-acquires-arora-mattheys-catalyst-and-recycling-site/
You might also like
Hydrocarbon Engineering Podcast
Mike Logue, Owens Corning Global Business Director – Mechanical Insulation, delves into factors that can support the performance, safety and longevity of insulating systems installed in hydrocarbon processing environments, including cryogenic facilities.
Golar entered into 20-year agreements for 5.95 million tpy nameplate capacity in Argentina
It is set to be one of the worlds largest FLNG development projects.
