Oryx Stainless AG

Study: Stainless steel circular economy significantly reduces the risk of climate change in Thailand

German-Dutch Oryx Stainless Signs Framework Agreement with SIRIM QAS International Enabling Malaysia to Realise Major Climate Protection Goals

Shah Alam (ots) - One of Western Europe’s and the world’s leading suppliers of stainless steel raw materials from recycling Oryx Stainless Group has signed a framework agreement with Malaysia’s principal testing, inspection, and certification body SIRIM QAS International to ensure the imports of stainless ...

Greenhouse gas balance for stainless steel production further improved

Dordrecht (ots) - Stainless steel recycling is considered to be a sustainable way to save CO2 in the globally growing steel production. As early as 2010, Fraunhofer UMSICHT researchers determined a savings potential of more than 4.5 t CO2 per ton of blend on behalf of the Oryx Stainless Group. More recent calculations by the UMSICHT team even come to savings of over ...

Oryx Stainless secures increased THB 1bln Innovative Borrowing Base Facility to support growing business demand

Bangpakong/Thailand (ots) - Oryx Stainless (Thailand) Co., Ltd., under the umbrella of Oryx Stainless Holding B.V., has successfully entered into an amendment and restatement agreement to increase and extend the revolving Borrowing Base credit facility by 340 million Thai Baht from 660 million Thai Baht to 1 billion ...

Leading company in the circular economy refinances 125 million Euros credit facility

Mülheim an der Ruhr (ots) - Against a background of higher raw material prices and delivery volumes, the Oryx Stainless Group is increasing its financial flexibility with a syndicated credit facility in the amount of 125 million Euros, replacing the existing facility at an early stage. This refinance guarantees sufficient liquidity for further growth planning. The ...