TANAKA Kikinzoku Kogyo K.K. has announced that it will establish a new building at the Hukou Plant in Hsinchu County, Taiwan, and expects to expand its recycling business by 2026. The increase in demand for semiconductors in recent years, the growing worldwide trend toward reducing environmental impact and the increased need for sustainable materials and products are some of the reasons behind the motivation for this expansion.
The new building will be constructed with an investment of approximately 3.5 billion yen to create a “one-stop service” for precious metal recycling and further expand business in Taiwan. It is planned to have eight floors above ground and one basement floor, making the total floor area of the Hukou Plant approximately six times larger after completion. The plant is scheduled to begin operation in the first half of 2025.
Tanaka is cooperating with local companies and conducting processing work outside Taiwan. With the establishment of the new building, TANAKA Kikinzoku Kogyo aims to conduct business solely in Taiwan. In addition, precious metals such as precious metal plating waste liquid, production scraps, and used catalysts for automobiles and petrochemicals can be recycled with a high recovery rate, refined to high purity, and recovered as products that customers desire. By completing all processes in Taiwan, TANAKA Kikinzoku Kogyo believes that it can contribute to the reduction of import and export processes.
An important part of recycling precious metals is the ability to analyse the amount of precious metals contained in the materials that are getting recycled.