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Recyclex turnover decreased in 2018

Europe

European non-ferrous scrap recycling firm Recyclex experienced a 19% decline in sales in 2018, to € 365 million.

Recyclex turnover decreased in 2018

The reason is the decline in production in the direction of lead processing by 27%. The main activity of the company is the processing of lead, mainly obtained from industrial and automobile batteries that have been used up. In a smelter located in Germany, production was partially halted in 2018 and then brought back to partial capacity. This was due to the installation of a more efficient modern oven in addition to the existing one. The need to optimize and harmonize their work will require some effort in the first trimester of 2019, as reported by Recyclex.

The second reason for the decline in turnover in the field of lead processing was the fall in the cost of this metal on the world market.

However, in the zinc processing sector, Recyclex's turnover in 2018 decreased by only 2%, and in the side production of plastic processing - by 5%. But in the direction of "special-purpose metals " there was an increase of 35%. Here, Recyclex offers customers cadmium, gallium, germanium and other high-purity metals and alloys that are in demand, for example, in the production of solar panels and electronics.

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