Hindustan Platinum Seeks Global Spent Catalyst Imports
Hindustan Platinum is exploring imports of spent catalysts from Middle Eastern, Asian, and European oil refineries to meet India's rising demand for precious metals. The company aims to secure long-term supplies of platinum, palladium, and silver, which are crucial for various Indian industries.
Hindustan Platinum is actively seeking to import spent catalysts from oil refineries in the Middle East, Asia, and Europe to address the growing demand for precious metals in India. The company plans to establish long-term supply agreements with global refiners to ensure a steady flow of platinum, palladium, and silver. These metals are essential for a wide range of industrial applications in India, including automotive, electronics, and chemical manufacturing. By sourcing spent catalysts internationally, Hindustan Platinum aims to bolster its refining and recycling operations, supporting both domestic industry needs and its own growth objectives. This strategic move reflects the company's commitment to sustainability and resource efficiency in the precious metals sector.
