The magazine points out that due to a fierce competition for Scrap Metal in Japan companies are forced to look for new opportunities outside of the country to grow their business.
As reported by Nikkei Asian Review, Dowa Holdings wants to expand its collection of emission control catalysts by 80 per cent annually over the next five years. The company aims especially at the US and the Czech Republic. Dowa wants to process the catalysts at facilities in Japan and will invest approximately 26,5 million Euro by 2018 to increase their capacities by 80 per cent.
Mitsubishi Materials has announced to build a plant in the Netherlands to process discarded circuit boards. The installation of shredding and sampling equipment for approximately 35 million Euro is planned. With this facility, the company wants to boast its scrap metal processing capacities by 14 per cent.
JX Nippon Mining & Metals wants to increase the import of recycled circuit boards from 40 to 50 per cent in the next years. The company has collection facilities in Taiwan and the US.