Axens announces the successful closing of the acquisition of 100 per cent of Eurecat, following the completion of the required regulatory approvals.

With this transaction, Axens becomes the sole owner of Eurecat, a provider of catalyst services, marking a milestone in Axens’ strategy to further strengthen catalysts circularity, ex situ activation, and metals reuse worldwide.

Eurecat is a global reference in regeneration, rejuvenation, recycling of spent catalysts, and ex situ activation of fresh catalysts, as well as reactor services such as catalysts loading and unloading.

The company operates across the entire catalyst life cycle in the refining, biofuels, chemicals, and gas markets, with industrial facilities in the Americas, Europe, the Middle East, and Asia.

Eurecat will continue to operate as an independent company, serving the entire catalyst market, all operators, and all catalyst manufacturers.

Existing confidentiality measures on business and technical matters will remain fully in place, ensuring continuity and neutrality for all customers.

Under Axens’ sole ownership, Eurecat’s strategic direction remains unchanged.

Axens intends to build on Eurecat’s recognised expertise to further develop catalyst circularity solutions, including regeneration, rejuvenation, recycling, and ex situ activation, with the objective of delivering high value services to the industry and reducing the environmental footprint of catalyst management activities across all regions. -TradeArabia News Service