Revenues for the second quarter were SEK 13,391 m (12,747), with an operating profit, excluding revaluation of process inventory, of SEK 1,634 m (1,631). Free cash flow amounted to SEK 1,174 m (789).
Heraeus, one of the world’s largest recyclers of reforming catalyst, has opened a new facility in India to recover precious metals from spent petroleum catalysts. The new site in Udaipur/Rajasthan will be operated by the German-Indian joint venture “Ravindra Heraeus” and will offer India’s petrochemical industry more capacity and state-of-the-art technology to recycle Platinum and Palladium in the country.
Boliden’s shareholders were given the opportunity, in conjunction with the AGM, to visit the Rönnskär e-kaldo facility, which has made Boliden a world leader in metal recycling.
Demand for the 2016 event has been buoyant with every square metre now allocated, including a new outdoor area at the southern end of the site and an extended Registration Pavilion. More than 460 exhibitors will attend, with all the major industry players returning as well as some exciting new companies for 2016.
Materials washing specialist, CDE Global has announced that it has increased its product assembly space by 32% to allow for the production of 60 additional machines every year.