The new $19m molybdenum oxide recycling plant in Atoka, Oklahoma, will process spent catalyst from the oil refinery industry and recover molybdenum oxide, used as an additive the in the steel industry for stainless steel and other steel alloys.
The new facility, which will include an existing 30,000sq ft building, and will add the Olympia Steel Buildings pre-engineered steel building to be fitted out as a processing tower to the project, is expected to be complete by the second quarter of 2011 and begin initial operation in 2011.
Olympia Steel Buildings vice president of sales Lucas Hocker said that the company is extremely happy to win the bid to supply the steel building for this recycling plant project.
"By supplying pre-engineered steel buildings to the recycling industry that are themselves recyclable, cost-effective, energy-efficient, we are helping in the important effort to recycle rare metals and natural resources that can be used for other ends, " Hocker said.
