As metal/scrap buying becomes more competitive, the United Ecosystem by UCC allows for detailed pricing live with the metals markets.

GREENVILLE  and PHILADELPHIA, April 10, 2024 / –United Catalyst Corporation, UCC, a precious metal processor, is partnering with recycling management software company, ScrapRight, to give access to the United Ecosystem (UE) BidTool, a converter and scrap pricing tool that is changing the landscape of vehicle purchasing. Through this collaboration over 600 scrap yards and their thousands of sellers will have access to this new technology.

UCC is excited to announce its newest software innovation the United Ecosystem (UE) BidTool. The UE BidTool allows users to insert a VIN or select a Year, Make, Model, Engine configuration, and the system will return the total number of catalytic converters on that car, the identities of those converters, pictures, and accurate pricing for each converter based on live PGM market prices. Current car bidding software allows buyers to know about 60% of the value of auto parts on the end-of-life vehicles with the largest unknown being the catalytic converters. 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. Now recyclers can know the price of their converter based off a scientifically proven process before they purchase the vehicle.

The UE BidTool gives automotive and scrap metal recyclers a competitive advantage and reduces risk by revealing the number and value of each catalytic converter on a vehicle.

One North American scrap metal company estimates that it is losing $50 Million a year in its car buying program without this data, while another leading company is reporting a 66% increase in car buying by using the UE BidTool the past four months. The accuracy, coverage, and quality of this technology is unrivaled and is very difficult to reproduce. The UE BidTool is only the first module in the United Ecosystem, with many more to come in the next year. The software has several patents pending.

This shared partnership between UCC and ScrapRight will allow scrap yards to save time and resources by offloading the administrative burden of managing payouts, including the complexities of handling unclaimed property. Streamlining the payout process while standing out with a seamless seller experience is key to helping scrap yards scale efficiently and maximize their profits in the coming years.

About ScrapRight

With a dedicated focus on the scrap industry, ScrapRight stands as the premier choice, catering to thousands of daily users and facilitating millions of monthly transactions. Renowned as the top-rated solution, our fully featured and innovative recycling software ensures seamless operations for scrap yards. We prioritize user satisfaction, offering unparalleled support and intuitive functionality. Our mission is to empower every scrap yard with comprehensive tools for compliance and efficient management of buying, inventory tracking, and selling processes. Whether for large enterprises or solo operations, we provide customizable turn-key or self-install solutions to suit diverse needs.

About United Catalyst Corporation

Headquartered in Fountain Inn, South Carolina, United Catalyst Corporation, UCC, is a leading industrial and technology company specializing in the recycling of precious metals from catalytic converters. Founded in 1992 by a family with a rich automotive background, we take immense pride in our commitment to sustainability and innovation. Our work brings the greener future closer because the carbon footprint of recycled metal is a fraction of that for mined metal. Sourcing materials from suppliers across the Americas and Australia-New Zealand, we serve a global network of smelting and refining customers. Our mission is to create recycling solutions that generate greater profits for the companies that work with us. We strive to uphold the highest ethical standards and commitment to excellence while swiftly pursuing our strategic vision for growth