PR84587

BANGKOK, July 7, 2020 /PRNewswire=KYODO JBN/--

Ecotrade Group[https://www.catalyticconverterrecycling.com/ ] recently

acknowledged the growing popularity of its free pricebook app. Compatible with

all devices, the Eco Cat App serves as an advanced search engine for pricing

scrap catalytic converters in a wide variety of automotive makes and models.

Photo - https://photos.prnasia.com/prnh/20200629/2843657-1

With 20,000 different catalytic converters inventoried and priced so far, the

Eco Cat App is an ever-growing database that is rapidly becoming the

gold-standard search engine for the industry. Ecotrade Group has been a

respected leader in eco-responsible and ethical catalytic converter recycling

in Asia for over 15 years, leveraging state-of-the-art recycling tech and an

enormous network of industry partners.

"The automotive recycling industry was sorely in need of a pricing-guide

upgrade," said Ecotrade Group Managing Partner, Maxime Le Breton.

"There has long been an imbalance between buyers and sellers in this industry,

especially considering the vast catalog of catalytic converters available. And

with daily marketing fluctuations, correctly identifying and pricing a

converter on-the-spot can be a frustrating experience without help. Having a

regularly updated app that correctly identifies and prices a particular

converter in minutes has become an invaluable tool for the trade."

The Eco Cat App: Environmental Responsibility

The Eco Cat App[https://www.catalyticconverterrecycling.com/] is an online

pricebook that comes with convenient pictures, allowing buyers and sellers to

look up the value of spent catalytic converters by either car or converter

manufacturer. The Eco Cat App facilitates quick and easy scrap converter

appraisals, providing sellers the knowledge needed to ensure they are getting a

fair deal from converter buyers. And the app is updated three times a day to

reflect precious-metal market shifts as they occur.

The buying, selling and recycling of catalytic converters is an enormous,

globe-spanning industry that involves a great deal of automotive expertise,

marketing savvy and technological knowledge. The precious metals used in

catalytic converter construction are rare and costly, representing not only a

unique revenue stream but also a need for state-of-the-art recycling

technologies. Far from being a simple process however, the load of precious

metals available in each converter depends on individual country emissions

standards regulations, types of fuel, and a variety of other variables.

Catalytic converters were created to reduce the amount of harmful emissions

from gasoline and diesel engines. The metals used in converters are a finite,

nonrenewable resource that must first be professionally assayed before they are

properly recycled. The recycling of converters represents a technological feat

that is intrinsically beneficial, leading to a much more prosperous and

sustainable future for the planet. With the precious metal recycling market

poised to surge to over US$30 billion by 2026 from the current US$21 billion,

Ecotrade Group continues to broaden its scope of practice, recently investing

in artificial intelligence research and deep learning to bring other tech

disciplines into the automotive recycling world.

About Ecotrade Group

Established in 2006, Ecotrade Group is an industry leader in tech-based and

environmentally conscious catalytic converter recycling. Ecotrade Group has

earned a solid reputation for integrity, professionalism, and transparency,

with sampling methods that are fully approved by industry-leading authorities.

The company offers a full range of services, including purchasing and

processing of catalytic converters. With recycling facilities in Thailand,

Malaysia and Cambodia, Ecotrade Group has become a global leader in precious

metal recycling technology for catalytic converters.

SOURCE: Ecotrade Group

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   Caption: Eco Cat App