Market Outlook

/Market Outlook

Market Outlook

Increase in the use of SCR DeNOx Catalyst

In order to decrease NOx, the source of fine dust, SCR DeNOx Catalyst is compulsory. Accordingly, its use is increasing dramatically every day due to the heightened environmental regulations to reduce emissions around the globe.
Strengthened Environmental Regulations Requires Decreasing NOx and Increase in Catalysts to Do So

  • Korea NOx emission 140ppm → 70ppm
  • China NOx emission reduction by 80% in comparison to 2017
  • Europe NOx emission reduction by 51% in comparison to 2016
  • U.S.A NOx emission recuction by 80% in comparison to 1997 as of 2017

SCR DENOX WASTE CATALYSTS OF 444,285 TONS ARE DUMPED AND BURIED ON THE
EARTH’S SURFACE EVERY YEAR

These waste catalysts contain by 80% in components of high-priced rare metals. No other mineral on earth carries such level of valuable metals as much as these waste catalysts. Unfortunately, up until now, its entire amount was put to waste and buried and never given a chance to be utilized as resources.

After many years of rigorous research, Hannae developed the recycling technology to extract and separate rare metals from waste catalysts to turn them into resources for the first time in the world

 

Valuable Metals that can be recovered from waste catalysts through Hannae’s recycling technology is worth USD 1.1 billion in commercial value.