Ecotrade Group understands the role of recycling catalytic converters on the protection of the environment, and this has been one of the major driving visions of the organization. The use of catalytic converters is required by law in order to protect the environment through the reduction of noxious tailpipe emissions. The re-using of the PGM’s – platinum, palladium, and rhodium – contained in the converters reduces the strain on natural resources and this highlights the importance of catalytic converter recycling.
While it is agreeable that the recycling of catalytic converters is beneficial both in the economic and environmental sense, a major problem existing in the industry is the knowledge gap between the prospective buyers and the sellers of the catalytic converters. The lack of a standard way to accurately know the price of the used catalytic converters puts the sellers at a disadvantage, in most cases forcing them to make do with the buyer’s offer.
In solution to this problem, Ecotrade Group has used its experience, unique position of knowledge and expertise to come up with the Eco Cat App; a way to accurately track the value of used catalytic converters.
What is the Eco Cat App?
Over the 15 years that Ecotrade Group has been dealing in the purchase and recycling of scrap catalytic converters, they have built a huge information bank from which a comprehensive catalogue of more than 20,000 items has been developed, with more added almost every day. The catalogue lists the items, with a picture and their prices. This makes it convenient for looking up the value of any given spent catalytic converter, which can be searched by either the converter manufacturer or the car brand.
Using this app, the knowledge gap in the catalytic converter auto recycling industry is reduced in that you only need to have your item, and the App will provide you with the updated market prices. This makes it easier to dispose of spent catalytic converters or to obtain a secondhand converter for your vehicle.
The pricing of the converters is industry-acceptable due to its fairness; owing to the fact that it uses the quantity and prevailing prices of the precious metals in the converters to determine their prices. Over the years, Ecotrade Group has made substantial investment in cutting edge technology to determine, with high precision, the amount of precious metal in different catalytic converters.
More than 15 years of lab analysis has enabled the accurate testing and determination of the load of precious metal in different converter models from car brands from different parts of the world. The precious metal load for each new catalyst varies depending on the emission regulation standards of the home countries and other factors such as the type of fuel used, the type of engine, etc. The use of custom-designed fully equipped laboratory for processes such as Spectrometry testing ensures the measuring process is as accurate as can be.
If you are involved in any aspect of the auto recycling industry, the Eco Cat App is a must-have for you as it will enable you to accurately determine the real-time value of scrap catalytic converters.