Provaluta Recycling SE
Recyc Commodities SE : Succesful Opening of the First Regional Collection Depot in Spain
Recyc Commodities SE / Key word(s): Miscellaneous 14.10.2011 / 20:00 --------------------------------------------------------------------- Karlsruhe, Germany, October 14, 2011 - Recyc Commodities SE reports the successful opening of the first regional collection depot in Spain. Provaluta Espana S.L., based in Madrid, was established through a subsidiary company of Recyc Commodities SE expressly for this purpose. The company is already in operation and will be responsible for the purchasing of used catalytic converters throughout Spain, Northern Africa, and South America. The company has already applied for and obtained the necessary environmental and waste management permits in Spain. The company is extremely pleased that the granting of the permits, as well as the establishing of Provaluta Espana S.L. were both able to be completed so quickly, well in advance of original expectations. Right from the start, the managing director has been able to close multiple contracts and has also signed a framework contract for the delivery of 10 tons of Monolith per month. The used catalytic converters will continue to be recycled and processed in Karlsruhe. About Recyc Commodities SE The Recyc Commodities SE finances potential high growth companies in the recycling industry, in their early and expansion phases. The financial holdings are concentrated on innovative firms situated for the most part in Germany. Recyc Commodities invests in partnerships as well as in exchange listed corporations. In exceptional cases, Recyc Commodities is also prepared to take over the management functions for certain specially picked companies and/or service providers in the recycling- and raw materials business. Further information about Recyc Commodities SE can be found in the internet under http://recyc.info/ Recyc Commodities SE Herrenstraße 9 76133 Karlsruhe Germany P.: +49 (0)721 94 880 0 F.: +49 (0)721 94 88011 E.: recyc@recyc.info End of Corporate News --------------------------------------------------------------------- 14.10.2011 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 142358 14.10.2011
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