Recycling Today APR 2024 / by BRIAN TAYLOR / Read original article
United Catalyst Corp. has partnered with ScrapRight to offer the United Ecosystem pricing service for automotive catalytic converters.
Greenville, South Carolina-based United Catalyst Corp. (UCC) has partnered with recycling software provider ScrapRight to create the United Ecosystem (UE) BidTool, a converter and scrap pricing tool that UCC says is changing the landscape of vehicle purchasing.
“Through this collaboration, more than 600 scrap yards and their thousands of sellers will have access to this new technology,” UCC says.
The UE BidTool allows users to insert a vehicle identification number or select a year, make, model and engine configuration, and the system will return the total number of catalytic converters on that car, the identities of those converters, pictures, and pricing for each converter based on live platinum metal group market prices.
Current car bidding software allows buyers to know about 60 percent of the value of auto parts on the end-of-life vehicles with the largest unknown being the catalytic converters, UCC says, adding that the UE BidTool is the first-of-its-kind product that can fully bridge the knowledge gap between an auto recycler and their catalytic converter inventory.
