German metals fabricator Jrgen Heraeus has won a distinguished achievement award from the International Precious Metals Institute for his work in platinum group metals.
His company, W.C. Heraeus (named after Jrgen’s grandfather, who, in 1856, was the first to melt platinum under controlled conditions), is the largest precious metals trader in the Euro zone. Revenues in 1999 were almost EUR$6 billion.
Heraeus is chairman of the supervisory board of Heraeus GmbH, a holding company, and also serves on various bodies of the precious metals industry. In addition, he is president of the Federal Association for Materials Information and a member of the presidential committee of the Federation of German Industry.
Heraeus GmbH takes gold and other precious metals and turns them into products ranging from nib points and solder pastes to electrodes and bushings. Heraeus also makes centrifuges and sterilizers for the pharmaceutical and metallurgical industries, and temperature sensors for household appliances such as toasters. The company also produces medical equipment, including operating-room lights, therapy equipment, and video systems for tele-medicine.
“We still see growth potential in the metal sector, especially on a global level,” said Heraeus. “W.C. Heraeus stands for high-quality materials and demanding technologies, a worldwide sales and production network as well as an outstanding customer service. We will continue to set standards for our industry.”
The award was presented at the 24th annual Precious Metal Conference in Williamsburg, Va.
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