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COVID-19 forces lead battery recycler Recylex’s German subsidiaries to file for insolvency

Wed, 05/20/2020 - 11:42 -- Paul Crompton

The German operating units of French lead battery recycler Recylex have been forced by German law to request the opening of insolvency proceedings.

The management of the battery recycling subsidiaries Weser-Metall, Harz-Metall, Norzinco and PPM Pure Metals have applied to initiate a procedure known as "protective shield” in accordance to the German Insolvancy Code.

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