Hensel Recycling announces new location in Singapore

Hensel Recycling, a precious metals recycling company headquartered in Aschaffenburg, Germany, will expand its position in Asia with the establishment of Hensel Recycling Asia Pte. Ltd. (HRAS) in Singapore.  

Production at the new location is scheduled to start in February 2026 and will strengthen the company's presence in Southeast Asia and India. 

Singapore will serve as a strategic hub for Hensel Recycling's activities in the region. Working closely with the group's established location in Malaysia, Hensel says the new company will increase its proximity to customers and serve the growing demand for high-quality precious metal recycling solutions in one of the world's most dynamic growth markets. 

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HRAS is led by Sivakumar Avadiar, who brings many years of experience in precious metal recycling, particularly in the recycling of automotive catalytic converters. The company says his market knowledge and technical expertise will play an important role in expanding Hensel Recycling's activities in Southeast Asia and India. 

"The launch of HRAS in Singapore is a strategic step on our path to global growth," says Oliver Krestin, Hensel Recycling managing director. “It brings us closer to our customers in Southeast Asia and India and strengthens our ability to offer reliable, high-quality precious metal recycling solutions. With Siva Avadiar at the helm of the team, we are confident that we can establish a strong and sustainable presence in this important market."