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Successful anniversary: 25 years of CRONIMET Brasil
One of the largest subsidiaries of the Germany-based global market leader in stainless steel recycling, CRONIMET, CRONIMET Brasil, is celebrating its 25th anniversary. Founded in 1999 in Sao Paulo and at that time focused on the classic business model of the CRONIMET Group, stainless steel recycling, the area of processing has been established, particularly with the establishment of the second processing facility in 2019 in Santa Catarina, and has now become a center of excellence for the production of ferromolybdenum (FeMo), ferrotungsten (FeW) and, since August of this year, ferrotitanium (FeTi) within the CRONIMET Group. With its capabilities for producing ferrotitanium, which is the first plant in Latin America, the…
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CRONIMET Group has published its Sustainability Report 2023
The globally operating CRONIMET Group has published its group-wide Sustainability Report 2023. The report for 2023 once again refers to the internationally recognized standards of the Global Reporting Initiative (GRI). For the first time, the report already integrates key concepts of the new European Sustainability Reporting Standards (ESRS), such as double materiality. The preparation for the requirements of the ESRS, which will apply to the CRONIMET Group from the 2025 reporting year, was essential for the reporting. “It is important to us to report transparently and comprehensively on our activities and to share with our stakeholders how we are continuously improving for sustainability in all its dimensions,” says Jürgen Pilarsky,…
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METALLPLAST-RECYKLING, spol. s r.o. from the Czech Republic becomes part of the CRONIMET Group
The CRONIMET Group is expanding its family of companies to include MetallPlast Recykling spol. s.r.o. A corresponding contract for the purchase of 100% of the shares was signed at the beginning of August 2024 and the closing conditions were met on September 6, 2024. The North Bohemian family business, which has been operating successfully on the Czech market for 32 years, will thus become an integral and important part of the CRONIMET Group. At the same time, a long-term succession plan has been found with the takeover. MetallPlast Recykling, founded in 1992 by Milan Ryšavý, has made a name for itself with its expertise in the areas of ferrous scrap,…
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CRONIMET sells its shares in the Australian joint venture with EQ Resources Limited
The CRONIMET Group has sold its shares in the Australian joint venture with EQ Resources Limited (EQR), which specialises in the extraction of tungsten concentrate, to its business partner. In connection with the transaction, part of the agreement is that CRONIMET will acquire a larger block of shares in the company, which is listed on the Australian stock exchange. By also agreeing additional marketing rights for a Spanish tungsten mine belonging to EQ Resources Limited, the CRONIMET Group is consolidating its position as the largest tungsten concentrate trader in the western world. "We are pleased to continue our successful business relationship with EQR, whereby CRONIMET will focus on trading the…
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CRONIMET Gruppe mit solidem Ergebnis im Geschäftsjahr 2023
Für das Geschäftsjahr 2023 hat die CRONIMET Gruppe mit Sitz in Karlsruhe einen Umsatz von mehr als drei Milliarden Euro verzeichnet. Im Vergleich zum Rekordjahr 2022 bedeutet dies einen im Wesentlichen rohstoffpreisbedingten Rückgang um ca. eine Milliarde Euro. Trotz der weiterhin großen geopolitischen Herausforderungen und der schwächelnden Wirtschaftslage vor allem im europäischen Marktumfeld ist das zu 100 Prozent in Familienbesitz befindliche Unternehmen wirtschaftlich auch 2023 sehr erfolgreich gewesen. Das Betriebsergebnis konnte im Vergleich zum Vorjahr um rund 15 Millionen Euro auf 92 Millionen Euro gesteigert werden. „Der Markt gestaltete sich im abgelaufenen Geschäftsjahr nochmals deutlich schwieriger als in den Vorjahren. Der weiterhin hohen Inflation und der anhaltend niedrigen Nachfrage in…
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CRONIMET and Outokumpu seal partnership to accelerate the circular economy
CRONIMET, the global market leader in stainless steel recycling, and Finnish stainless steel producer Outokumpu have expanded their partnership as announced in November 2023. The acquisition of a 10 percent minority stake in CRONIMET North-East GmbH by Outokumpu has been completed after the customary closing conditions were met and all regulatory approvals were granted. As an intermediate holding company, CRONIMET North-East GmbH directly and indirectly holds the shares in the North-East European CRONIMET companies. The transaction was carried out in the form of a share purchase. CRONIMET retains full operational control over the CRONIMET North-East GmbH companies involved. There are no plans to expand the shareholding in CRONIMET North-East or…
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CRONIMET Gruppe erweitert Geschäftsführung um Marijo Zeljko und Leandro Campos
Die CRONIMET Gruppe hat sich in den letzten Jahren nicht nur im klassischen Recyclinggeschäft hervorragend entwickelt und ihre jeweilige Marktstellung gefestigt bzw. ausgeweitet, sondern auch weitere Produktbereiche und Regionen stärker in den Fokus der eigenen Aktivitäten gestellt. Daher haben die Gesellschafter und die Geschäftsführung entschieden, das Team der Geschäftsführung der CRONIMET Holding GmbH zum 1. Januar 2024 mit Marijo Zeljko und Leandro Campos um zwei Kollegen zu erweitern. Sie sollen die Fokussierung auf Märkte stärken und die künftige Marktentwicklung verantworten; hierfür bringen sie jeweils eine ausgesprochene Expertise und langjährige CRONIMET Erfahrung mit. Marijo Zeljko wird hierbei als Chief Operating Officer (COO) der CRONIMET Holding GmbH die Corporate Division „Recycling“ der…
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CRONIMET and CNGR join forces to close the loop in battery recycling
CRONIMET Holding GmbH, global leader in stainless steel recycling and CNGR Advanced Material Co., Ltd, global leader in precursors for active cathode materials of lithium-ion batteries have signed a Heads of Agreement (HoA) to expand CRONIMET’s recycling capacity at its newly founded competence center for battery materials and battery recycling, revomet Bitterfeld GmbH, located in Bitterfeld, Germany. Under the terms of the agreement, CNGR’s investment will allow it to become a strategic partner of revomet. Under the partnership, revomet will install its first two processing lines at the new lithium-ion battery recycling facility in Bitterfeld, Germany. The new installation will have an annual capacity of 28,000 metric tons and the…
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CRONIMET expands cooperation with Finnish stainless steel producer Outokumpu
CRONIMET, world’s market leader in stainless steel recycling, and Outokumpu, the world’s leading supplier of sustainable stainless steel, are further expanding their strategic partnership. To this end, the Finnish stainless steel producer is acquiring a 10 percent stake in CRONIMET North-East GmbH, an intermediate holding company which directly and indirectly holds the shares in CRONIMET’s northeastern European companies. Outokumpu and CRONIMET are working together to optimize the raw material cycle: regionally processed scrap for the production and consumption of stainless steel in Europe. “This partnership is another step towards achieving the sustainable development goals: a low carbon footprint in the production of stainless steel with regional scrap and through shorter…
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CRONIMET erweitert seinen Maschinenpark um den ersten elektrisch betriebenen Umschlagbagger der Firma Solmec
Der Karlsruher Edelstahlspezialist CRONIMET Ferroleg. GmbH arbeitet weiter daran, seinen Maschinenpark auf umweltfreundliche Maschinen umzustellen. Diese Woche ist nun der erste Umschlagbagger der italienischen Firma Solmec vom Typ EXP 5020ZE übergeben worden. CRONIMET hat sich bereits im letzten Jahr zum Netto-Null-Ziel bis zum Jahr 2050 bekannt und ist 2023 auch der Science Based Targets initiative (SBTi) beigetreten. Ein wichtiger Baustein auf dem Weg zu diesem Ziel ist die Umstellung des Maschinenparks auf umweltfreundliche, elektrisch betriebene Umschlagbagger. Aktuell sind bei der CRONIMET Ferroleg. GmbH in Karlsruhe neun Umschlagbagger im Einsatz, die dafür eingesetzt werden, jährlich ca. 140.000 Tonnen Edelstahlschrotte und andere legierte Schrotte in den Rohstoffkreislauf zurückzuführen. Der Solmec EXP 5020ZE…
