Belgium – FMM SA, the Belgian subsidiary of the Recylex Group, is to stop its lead smelting operations. However, its scrap lead-acid battery collection activities will not be affected.
According to a Recylex news release, changing market conditions have taken a heavy toll on the operating performance of the business. ‘It has become a structural loss-maker,’ the company states. ‘Efforts and numerous investments aimed at improving the performance of the smelter facility did not help.’ In 2012, FMM SA produced around 10 000 tonnes of recycled lead.
As required under Belgian law, FMM SA has begun a consultation process with its 26 employees.
Recylex specialises in lead, plastics and zinc recycling while also producing special metals for the electronics industry. Besides Belgium, the company runs operations in Germany and France. It employs a total of 675 people and turned over of Euro 471 million last year.
For more information, visit: www.recylex.fr