The PMR Blog

with video only

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car

Insights

How Long is a Car’s Lifespan, and How Does it Affect Your Catalytic Converter Recycling Business?

Explore how the lifespan of a car impacts your catalytic converter recycling business. Understand market trends, competition, and strategies to maintain a competitive edge in this evolving industry.

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EVs and converters

Insights

Worried Catalytic Converter Recycling Will Become Obsolete with EVs?

Discover how the evolving market of electric vehicles will impact your catalytic converter recycling business, and explore how you can adapt to stay ahead.

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platinum outlook

Platinum Group Metals (PGMs)

Platinum Outlook: Does it Have a Future Beyond Catalytic Converter Manufacturing?

If gasoline-powered cars are phasing out, does platinum have a positive outlook? Discover the importance of platinum in the emerging hydrogen economy and other green technologies, and how your converter recycling operations will contribute to a circular economy for this precious metal.

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ceo catalytic converter

PMR News

Christian Thibault: Leading PMR and Our Suppliers into a New Era of Converter Recycling

What does it take to be a leader? And most importantly, what does it mean to lead? Tune in to our CEO Spotlight, where we show you how our CEO, Christian, makes PMR the leading force in catalytic converter recycling.

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car sales

Insights

What is The Future of Car Sales, and How Will it Affect Your Automotive Recycling Business?

Explore the evolving all-new vehicle market and how it will impact your scrap car recycling business. Discover how the looming promise of EVs and hybrids will also affect your automotive recycling operations.

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pgm market 2024

Platinum Group Metals (PGMs)

Have 2024 Market Prices for Platinum, Palladium, and Rhodium Gone Back to Normal?

Explore why experts say 2024 market prices for PGMs have fluctuated back to "normal", and discover what that means for your converters. If you're ready to take a dive into the PGM market and understand why prices were so high in 2021 but came right back down, keep reading!

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who is pmr

PMR News

Trailblazers Beyond the Finish Line: PMR's Journey in Catalytic Converter Processing

Dive into the innovations that brought to you the lowest lot requirements and the fastest payment in the industry, and discover what else PMR has down our pipeline of projects.

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why is assay important

Catalytic Converter Price

Why is Assay Important for Your Converters, and Can it Help You Survive Current Market Conditions?

Explore the difference between assay and local piece buyers--and how assay can benefit your business more than selling by the piece. Learn how assaying your converters can help you elevate your business, even in current market trends.

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kyc

Converter Sourcing

What is KYC, and Why is it Important for Your Converter Recycling Business?

Explore Know Your Customer protocols and what documentation you should be asking from your sellers. You'll discover how PMR leads the way in KYC guidelines, helping suppliers safeguard their own businesses and be key players in the fight against converter theft.

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cutting

Catalytic converter 101

Why is it Important to Cut and Dismantle Converters Properly, and How Can You Do It?

Save on time, space, and money when you properly cut the piping of your converters. Learn why it's important to practice good cutting techniques and how you can do it easily.

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meet your expert ryan

Processing Knowledge

Unlock Your Business’s Full Potential with Your In-House Converter Consultant

Discover the power behind a true partnership. With Ryan by your side, you get an ally that wants to see you win. See how he helps your business achieve true success.

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inventory boxes tool

Insights

Empower Your Business with the Inventory Boxes Tool for Total Control of Your Converters

Looking to gain total control and access superior visibility in your converter inventory? Discover PMR's inventory control tool and how it gives you the power to control all your converter lots, in-house and shipped.

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master catalog

Catalytic Converter Price

How to Use a Master Catalog to Buy and Sell Catalytic Converters

Discover how to access average assay returns for your scrap catalytic converters with a master catalog. Make sure you have serial numbers in hand!

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pgm market 2023

Platinum Group Metals (PGMs)

Unpacking the PGM Market: A Deep Dive into Precious Metal Market Prices and 2024 Forecasts

Discover the evolution of the PGM market in 2023, and explore the factors that drove the prices upwards and downwards. Be the first to hear what industry experts have to say about next year's market!

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PMR Takes the Lead

PMR News

PMR Takes the Lead in Catalytic Converter Processing

Explore our unmatched converter pricing and evaluation tools, tailored business solutions, and top-tier machinery. Our goal? To revolutionize the processing industry and offer better refining solutions to all recyclers.

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VIN/TRIM

Evaluation Intelligence

VIN/TRIM Revolutionizes the Way You Purchase Scrap Vehicles

Start buying more scrap cars with PMR's VIN/TRIM, a tool that estimates a vehicle's converter(s). Discover how it works right here.

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photo grading

Evaluation Intelligence

Photo Grading: Price Your Converters in 60 – 90 Seconds

Get catalytic converter prices in minutes with photo grading, a pricing tool that allows you to make swift and profitable buying choices. Discover how this tool keeps you on the razor edge of competition.

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Carbon Analyzer

Processing Knowledge

What Is A Carbon Analyzer And Why Is It Important For Converter Analysis?

Carbon content in catalytic converters can affect your assay. That's why PMR uses top-tier carbon analysis to ensure your results aren't impacted by any unwanted carbon. Take a look at how we do it.

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3 Reasons Why

Catalytic converter 101

3 Reasons Why You Shouldn’t Ignore Your Catalytic Converter Operations

Despite low industry volumes and volatile market trends, your converter operations are still highly profitable. To prove it, we put together 3 reasons why you shouldn’t overlook your converters.

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Buy & Sell Converters Profitably

Evaluation Intelligence

What Are The Pricing Tools That Help You Buy and Sell Converters Profitably?

If you want to buy & sell catalytic converters profitably, here are the tools you need. Be sure to follow the responsible sourcing guidelines to ensure your operations remain ethical & honest.

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Staying Updated on Converter Regulations

Converter Sourcing

Catalytic Converter Legislation: Staying Updated on Converter Regulations

Catalytic converter legislation changes all the time, but you can stay informed easily with this simple guide. Learn how you can stay updated on all converter regulations in your region.

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Avoid Getting Your Catalytic Converter Stolen

Evaluation Intelligence

How to Avoid Getting Your Catalytic Converter Stolen

Catalytic converter theft is on the rise. Make sure your converter doesn't get stolen by following these safety guidelines.

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An Overview of the Catalytic Converter Recycling Industry

Processing Knowledge

An Overview of the Catalytic Converter Recycling Industry

Get an insider look at the process behind catalytic converter recycling. You'll discover the process, from acquisition to smelting and to the final resale of precious metals on the market.

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PMR Makes History Once Again

PMR News

PMR Makes History Once Again: Becoming the First Converter Processor to Get ISO Accredited

PMR became the first converter processor to obtain an ISO accreditation, but what does it mean for you? Discover why working with a trailblazer can benefit you.

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Assay for Rookies

Catalytic converter 101

Assay for Rookies: Breaking Down the Science Behind Catalytic Converter Analysis

Wondering how your converters go from cans to results on an assay report? We've got you covered on everything assay in our new video!

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Inductive Coupled Plasma for Rookies

Catalytic converter 101

Inductive Coupled Plasma for Rookies: Shedding Light on The Technology Behind an Assay Analysis

How do Inductive Coupled Plasma machines determine the accurate amount of PGMs in your converters? Stick around, the secret is in the plasma!

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What is a Vehicle’s Lifecycle

Evaluation Intelligence

What is a Vehicle’s Life Cycle and How Does it Affect the Value of its Converter?

To determine the amount of precious metal content in a converter, it's important to remember that the life of the vehicle it belongs to will affect the PGM loadings. Let's explore why.

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X-ray Fluorescence for Rookies

Catalytic converter 101

X-ray Fluorescence for Rookies: Demystifying the Technology Behind Converter Analysis

Get the insider knowledge on the XRF benchtop machine, and how it analyzes your converter samples.

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Analyzing Converters

Evaluation Intelligence

Analyzing Converters: Understanding the Difference Between XRF Benchtop and XRF Gun Techniques

Have you ever wondered why converter experts trust the XRF benchtop machine more than the XRF gun? It's time to explore the differences between these two PGM analysis methods.

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turnaround rate

Processing Knowledge

What Can A Rapid Turnaround Rate Do for You?

In an era where speed is the key to success, you deserve a turnaround rate that meets your needs. Discover the benefits you get when you're a PMR supplier, including a turnaround rate of 10 - 15 business days.

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Tolling vs. Hoarding Your Converters

Insights

Tolling vs. Hoarding Your Converters: Why Tolling Can Give You a Strategic Advantage in a Volatile Market

Market volatility is at an all time high. If you want to gain a sharper competitive edge that will propel you forward when the market rebounds, maybe it's time to consider tolling your converters.

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Why is it important to recycle converters

Converter Sourcing

Why Recycling Catalytic Converters Is So Important and How It Can Be Done Responsibly?

PMR and Thubprint set the record straight for responsible catalytic converter recycling: and it's all about working with the right converter processor.

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Exploring Catalytic Converter Recycling

Refining Process

Exploring Catalytic Converter Recycling: The Process Behind PGM Extraction and How You Get Paid

We explore the full converter toll-refining process, with an emphasis on the importance of assay and the various payment opportunities available to you when you work with a toll-refiner.

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What Are Catalytic Converters?

Catalytic converter 101

What Are Catalytic Converters and How Are They Recycled?

Wondering how catalytic converters go from cars to cash? Let us guide you through the entire toll-refining process, from the moment cats arrive at a facility to the moment you get your material's true value.

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PMR Inc. announces significant financial investment

PMR News

PMR Revolutionizes Converter Recycling Process with 5-Day Turnaround

PMR captures the opportunity to completely renovate their machinery and facilities in order to create the first ever 5-day turnaround rate.

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Selling Your Converters as You Buy

Platinum Group Metals (PGMs)

Selling Your Converters as You Buy to Benefit from Current Market Trends

The market fluctuates now more than ever. To benefit from current trends and optimize your business, here's how you can turn a moving market into a sea of opportunities.

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Understanding Catalytic Converter Prices

Catalytic Converter Price

Understanding Catalytic Converter Prices: Demystifying the Science Behind the True Value

Why is it important to assay your material? Learn how you can gain better insight into your operations by stepping away from price lists.

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PMR's Blue Table Talk

Insights

PMR's Blue Table Talk: Episode 5 - Women in Business

The leading women of PMR's direction team come together and discuss the importance of taking a seat at the table and what it means to be a woman in business.

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converter processing stages

Processing Knowledge

How Many Stages are There in the Catalytic Converter Recycling Process?

Recycling converters is a complicated process. Learn what happens to your material at every stage of the process.

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Why are catalytic converters valuable?

Catalytic converter 101

Why are catalytic converters so valuable and how their precious metals make them worth more than the rest of the car combined.

Catalytic converters are valuable because of the platinum group metals they contain: platinum, palladium, and rhodium. But there is much more to it than just precious metals.

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XRF

Processing Knowledge

Exploring the Technology Behind Converter Analysis: The XRF Benchtop Machine

A basic tour of our XRF benchtop machine highlighting the machine's accuracy and process.

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ICP

Processing Knowledge

The Inductive Coupled Plasma Machine: A Look into The Technology Behind Catalytic Converter Analysis

Our laboratory manager, Alex Benoit, gives a detailed explanation on the analysis process of ICP.

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Converter theft

Converter Sourcing

Catalytic Converter Theft and Responsible Sourcing: An Overview from a Recycler's Perspective

As catalytic converter theft continues to rise, PMR gives insight on best sourcing practices and how to avoid illegal transactions.

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Speed is Key

Evaluation Intelligence

Accelerate Your Business with Quick Turnaround Times for Catalyst Material and Capitalize on Market Trends

With supply chain disruptions, turning material quickly is important to grasp current metal market trends.

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Processing Knowledge

Orange & Miss Blue: The Life of Two Catalytic Converters by PMR

Watch how mileage, weather conditions, emission standards, and much more come into play when it comes down to overall converter value.

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PMR News

Be Curious with PMR

Because of the PMR team’s curiosity, they’ve transformed the processing industry, trailblazing towards a brighter, better future.

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PMR Turning the Tides – Canadian Catalytic Converter Innovation

PMR News

PMR Turning the Tides – Canadian Catalytic Converter Innovation

PMR details how they’ve innovated the industry through low lot requirements, providing extensive evaluation and monitoring tools, and much more.

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What Can Be Accomplished with Catalytic Converter Data?

Evaluation Intelligence

What Can Be Accomplished with Catalytic Converter Data?

PMR shares converter data insights that help recyclers maximize their capital, including separating material types and properly training their staff.

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How Much is a Catalytic Converter Worth?

Catalytic Converter Price

How Much is a Catalytic Converter Worth?

Discover how PGM concentration, environmental standards, and vehicle lifecycle play a role in a converter’s total value.

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Toll Refining vs. Per Unit Pricing for Scrap Catalytic Converter Value

Catalytic Converter Price

Toll Refining vs. Per Unit Pricing for Scrap Catalytic Converter Value

To determine recycled catalytic converter value, PMR details the difference between toll refining and per unit pricing.

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The Evolution of the Price List for Catalytic Converter Value

Catalytic Converter Price

The Evolution of the Price List for Catalytic Converter Value

PMR details the evolution of the price list for converter value, including why numerous grading categories emerged.

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What Should You Look for When Choosing a Catalytic Converter Processor?

Refining Process

What Should You Look for When Choosing a Catalytic Converter Processor?

PMR compiled a list of company assets to look for when choosing your next catalytic converter processor.

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Serial Number vs. Price Lists to Identify Catalytic Converters Scrap Value

Catalytic Converter Price

Serial Number vs. Price Lists to Identify Catalytic Converters Scrap Value

Between serial number catalogs and price lists, what is the best method for converter value determination? The trick is using both!

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What is an XRF gun, and can you use them for catalytic converter evaluation?

Catalytic Converter Price

What is an XRF gun, and can you use them for catalytic converter evaluation?

To determine the concentration of platinum group metals (PGMs) within a catalytic converter, using an XRF gun is not ideal. But why?

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PMR’s Blue Table Talk : Episode 4 – Facts of Refining

Refining Process

PMR’s Blue Table Talk : Episode 4 – Facts of Refining

The PMR teams illustrates the process behind harvesting converters, extracting precious metals, assaying, and how to make a profit.

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Catalytic converter 101

Ryan's Converter 101:By the Piece VS. Assay

Ryan explains the difference between selling by the piece and selling by assay.

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Catalytic converter 101

Ryan's Converter 101: Grading Categories

PMR’s Director of Corporate Accounts highlights the differences in grading categories.

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Catalytic converter 101

Ryan's Converter 101: Where to Find A Serial Number

Ryan shows how to find a serial number (or code) on different material type catalytic converters, including DPFs and OEMs.

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Catalytic converter 101

Ryan's Converter 101: Purchasing Red Flags

Ryan touches on the red flags of catalytic converters, including buying from a lot filled with converters that look brand new.

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Catalytic converter 101

Ryan’s Converter Masterclass with PMR

Learn the different grading categories & their meaning, serial numbers & pricing, and converter red flags.

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Catalytic converter 101

GOOGLE's FAQs on "Catalytic Converter" with PMR: PART 2

Chrysten answers Google’s most frequently asked questions about catalytic converters, including how to refine scrap converters.

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PMR’s Blue Table Talk: Episode 3 – Hedging

Catalytic Converter Price

PMR’s Blue Table Talk: Episode 3 – Hedging

PMR covers the topic of hedging: what it means, how to lock in prices, and how hedging helps avoid adverse market trends.

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Catalytic converter 101

GOOGLE's FAQs on "Catalytic Converter" with PMR: PART 1

Melissa answers Google’s most frequently asked questions about catalytic converters, including how much Platinum and Palladium they contain.

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What is the Difference Between XRF & ICP to Determine the Value of Your Converters?

Processing Knowledge

The Differences Between XRF & ICP and How They Affect The Value of Your Converters

What is the difference between XRF benchtop and ICP machines to analyze samples of recycled catalytic converter shipments?

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Catalytic converter 101

Ryan's Converter 101: Oxygen Sensor / O2 Sensor

Ryan demonstrates how to take O2 sensors out from an automobile and how to ship them to PMR or a processor for Platinum evaluation.

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Catalytic converter 101

Ryan's Converter 101: Converter Fullness

Ryan exemplifies the tools & techniques professionals use to check converter fullness to determine its value.

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Catalytic converter 101

Ryan's Converter 101: Processing by Material Type

Ryan explains the importance behind processing by material type.

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Ryan’s Catalytic Converter Introduction: Converter 101 – PART 2

Catalytic converter 101

Ryan’s Catalytic Converter Introduction: Converter 101 – PART 2

Ryan covers the basics of Oxygen Sensors, catalytic converter fullness & the tools for their assessment, and much more.

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Do you have a Price List?

Catalytic Converter Price

Are You Getting the Best Price for Your Converters?

PMR details the importance of understanding the influences that impact the value of catalyst material and how to best evaluate a price list.

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Ryan’s Catalytic Converter: An Introduction – Converter 101 – PART 1

Catalytic converter 101

Ryan’s Catalytic Converter: An Introduction – Converter 101 – PART 1

Covering the basics of converters, Ryan showcases the four material types (OEM, aftermarket, foil, and DPF) and how to determine their value.

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Catalytic converter 101

Ryan's Converter 101: DPF

Diesel Particulate Filters have a significant difference in value and in Platinum, Palladium, and Rhodium loadings.

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Catalytic converter 101

Ryan's Converter 101: AFTERMARKETS

This 101 course covers the essentials of aftermarket converters, including the tell-tale signs to differentiate an aftermarket converter from an OEM.

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Catalytic converter 101

Ryan's Converter 101: FOIL OEM

Ryan demonstrates a foil converter and its parts, including the spiral stainless steel inside.

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Catalytic converter 101

Ryan's Converter 101: CERAMIC OEM

Ryan gives a crash course on the crucial basics of Ceramic OEM converters.

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Material Consolidation in Canada and New Foil Processing in Vegas

PMR News

Material Consolidation in Canada and New Foil Processing in Mirabel & Vegas

PMR’s new facility, located in Mirabel, Quebec, is dedicated to research and development to increase foil processing efficiency and create greater opportunities for suppliers.

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PMR’s Blue Table Talk: Episode 2 – Pros & Cons of Converter Pricing Apps

Evaluation Intelligence

PMR’s Blue Table Talk: Episode 2 – Pros & Cons of Converter Pricing Apps

The PMR team discusses converter pricing apps and their use for converter buyers.

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Why are Catalytic Converters Valuable, and What Metals Do They Contain?

Catalytic Converter Price

Why are Catalytic Converters Valuable, and What Metals Do They Contain?

Converters are valuable because they contain platinum, palladium, and rhodium, three metals that are among the rarest on Earth.

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Optimizing Your Business with Converter Statistics

Evaluation Intelligence

Optimizing Your Business with Converter Statistics

PMR illustrates the importance of understanding your converter operations for future business growth.

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PMR’s Blue Table Talk: Episode 1 – Converter Inventory Controls

Evaluation Intelligence

PMR’s Blue Table Talk: Episode 1 – Converter Inventory Controls

PMR highlights the key points to keeping great inventory control of converter lots, which includes lot tracking systems with rigorous documentation.

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Adapting to win – how to improve your adaptability quotient

Insights

Adapting to win – how to improve your adaptability quotient

PMR shares how companies can adapt to shifting industry needs, including how to unlearn strategies that have kept their business in the past.

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Processing Knowledge

PMR Tutorial How to Package your Converters

PMR shares how to properly package your Gaylord boxes for shipment, including the spray paint over the black shrink wrap to ensure a shipment hasn’t been tampered with.

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PMR Processing

PMR News

PMR Processing

Step into PMR’s revolutionized converter recycling process, from decanning and dust capture to sampling and beyond.

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PMR Purchasing & Management

Evaluation Intelligence

PMR Purchasing & Management

With PMR’s Supplier Services Platform (SSP), suppliers have the support they need to purchase and evaluate catalyst material.

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PMR Inventory Tracking

Processing Knowledge

PMR Inventory Tracking

With PMR’s Supplier Services Platform, suppliers access their converter statistics and track their material as it moves between processing phases.

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PMR Supplier Services: Animated Overview

Processing Knowledge

PMR Supplier Services: Animated Overview

PMR’s SSP is an overarching database that assists and supports suppliers through purchasing, monitoring, and evaluating their material.

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PMR Corporate Introduction

PMR News

PMR Corporate Introduction

As an industry-leading catalytic converter processor, PMR has built a reputation based on excellence and innovation.

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Converter Inventory Control and How to Level Up

Evaluation Intelligence

Keeping an Accurate Converter Inventory Can Help You Level Up

PMR details the importance of understanding your converter operations before your material is evaluated.

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PGM Outlook for 2021 – PGM’s seem to be on track to hold value

Platinum Group Metals (PGMs)

PGM Outlook for 2021 – PGM’s seem to be on track to hold value

PGM market prices have risen to global highs during the pandemic, but will they maintain their uphill trend?

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In the Game Of Cores - there is always a winner and a loser.

Processing Knowledge

In the Game Of Cores - there is always a winner and a loser.

PMR reveals the games played by core buyers and internal automotive recycling staff to stop recyclers from switching to toll refining.

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Adapting To The New Converter Reality: How PMR Can Help You Stay Ahead Of The Curve

Insights

Adapting to the New Converter Reality: How PMR Can Help You Stay Ahead of the Curve

In a rapidly changing market, recyclers will need to switch strategies in order to keep up with the new normal.

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Key Laboratory Questions Answered by Chemist Martin Paradis

Refining Process

Key Laboratory Questions Answered by Chemist Martin Paradis

PMR’s lead chemist answers questions concerning converter laboratory analysis, including what technology is used to produce precise results.

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Expert Tips for Catalytic Converter Processing & Handling

Processing Knowledge

Expert Tips for Catalytic Converter Processing & Handling

PMR covers the essential converter processing information to help recyclers make the most informed decisions for their business.

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Your converter counts and averages and taking complete ownership

Evaluation Intelligence

Understanding Your Converter Counts And Averages: Why Taking Complete Ownership Of Your Material Will Optimize Your Returns

Understanding your converter trends means maximizing your profits and avoiding profit loss to core buyers.

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Maximizing Converter Returns: Understand and Evaluate Your Inventory Before Shipping

Evaluation Intelligence

Maximizing Converter Returns: Understand and Evaluate Your Inventory Before Shipping

Catalytic converter recyclers can increase their profits by partnering with a processor who is dedicated to transparency.

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Platinum group metals retain their sheen – outlook for 2020

Platinum Group Metals (PGMs)

Platinum group metals retain their sheen – outlook for 2020

With the growing appeal for carbon neutrality, PGMs remain in high demand for emissions control. But will their market value remain interesting?

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Counting converters by material type

Evaluation Intelligence

Counting Converters By Material Type to Help You Understand Your Business

Counting your converters by material type can help you understand your business and help you get fair and honest prices from your buyers.

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Electric vehicle impact on PGM recycling – No shock to recycling

Platinum Group Metals (PGMs)

Electric Vehicles & Catalytic Converters: Exploring the Impact on the PGM Recycling Industry

How will the increase in electric vehicle production and demand affect the PGM recycling industry?

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Maximize Your Converter Profits By Selling To A Toll Refiner

PMR News

Maximize Your Converter Profits by Selling to a Toll Refiner

Learn how PMR’s Supplier Services Platform can help you maximize your converter operations through price, evaluation, and monitoring tools.

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Demand Rises for Platinum Group Metals from Recycled Catalytic Converters

Platinum Group Metals (PGMs)

Demand Rises for Platinum Group Metals from Recycled Catalytic Converters

As demand spikes for recycled converters, recyclers are turning their eye on the palladium market prices and new processing technology.

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Catalytic Converter Compositions – Clearing the Air

Platinum Group Metals (PGMs)

Catalytic Converter Compositions – Clearing the Air

Chrysten Newton and Cliff Hope share how converter compositions and its effects on the processing of PGMs have changed in the past two decades.

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Top Ten Converter Myths and Misconceptions

Catalytic converter 101

Top Ten Converter Myths and Misconceptions

PMR shares the industry’s top ten myths on per unit sales, price lists, converter dismantling, and much more.

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