H.C Starck Focus On Tungsten Business Expansion in Asia in 2013
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- Category: Tungsten's News
- Published on Thursday, 21 March 2013 11:15
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This year, H.C. Starck intends to continue expanding its local presence in Asia. Thanks to its leading technological expertise, the company will meet the rising demand for high-quality technology metal products long-term in key Asian growth markets. Already in 2011, the company had formed a joint venture with the largest Chinese tungsten mine operator, Jiangxi Rare Metals Tungsten Holding Group Co. Ltd. (JXTC). The joint venture will begin operations in late 2013 and supply the Asian market with high-quality tungsten products. Moreover, the production capacity for components made of technology metals at H.C. Starck’s Taicang plant in China will be expanded. Meier explained: “With our joint ventures and our growing recycling activities, we are providing our global customers long-term supply security for key technology metals.”
H.C. Starck will also continue to drive future technologies. Since mid-2012, H.C. Starck operates a joint venture with the Japanese chemical company Japan New Chisso Corp.. The joint venture company develops and produces cathode material for high-performance lithium ion batteries used in electric cars and as energy storage units in wind power and solar facilities.
Part of H.C. Starck’s long-term strategy is the recycling of raw materials, continued Meier: “We don’t just recycle ore concentrates. Using innovative technologies, we are recycling increasing volumes of post-industrial waste, slags, and scraps and turning them into high quality and high-performance technology metals. Far more than half of our raw materials are now secondary materials.”
In the procurement of primary raw materials, the company continues to rely exclusively on conflict-free raw materials in accordance with the guidelines of the Electronic Industry Citizenship Coalition. “With growing recycling activities and a certified procurement process, we are guaranteeing a secure and competitive supply of raw materials based on sustainable, ethical and social guidelines and environmental principles,” Meier said.
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