8 June 2015
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Read more Waste Management Solutions
Nickel recovery plant
A dedicated facility for recovery of Nickel
from various kinds of spent catalysts & wastes;
with a recovery levels of more than 90%.
Mechanized and strict monitoring of process
ensures the complete recycle of waste
which is hazardous in nature
Facility is approved and certified by State
as well as Central Pollution Control Boards
(MPCB & CPCB)
This gives an additional advantage
by creating a close loop for our customers,
i.e.we sell Catalyst & we Buy Back Spent Catalyst.
Monarch is the only Indian Catalyst Company in India
authorized to process nickel waste, approved by
the Central Pollution Control Board and holds the authorization
from Ministry of Environment and Forests.
Monarch boasts of a unique strength of this facility
where the essential elements are extracted
from HAZARDOUS waste and in turn contributes
towards making our mother earth more Greener than ever.
DETAILS
Evonik Industries AG, Essen (Germany) announces
the successful completion of the acquisition of
Dombivli (India) on June 5th, 2015.
An agreement to acquire Monarch Catalyst
had been announced in March 2015,
subject to certain closing conditions.
The company employs approximately 300 employees and
will be renamed to
Evonik Catalysts India Pvt. Ltd.
All of Evonik’s future catalyst activities in India
will be operated through the newly acquired company.
The parties have agreed to keep the purchase price confidential.
Evonik with its Business Line Catalysts is a global leader
in producing
* specialty catalysts,
* custom catalysts and
* catalysts components
for the Life Sciences & Fine Chemicals,
Industrial & Petrochemical and Polyolefines market segments.
Monarch’s global activities in
* oils & fats hydrogenation catalysts range
is a broadening of the Evonik catalysts portfolio.
* The activated base metal catalysts and
* precious metal catalysts portfolio
strengthens Evonik’s positions in India and the Asia region.
Monarch’s existing customer base
will continued to be served through the established sales channels.
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