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[5] In 2022, catalytic converter thefts cost victims over $382 million. [6] From 2001 to 2021, the price of PRP rose dramatically: platinum rose from $530 per ounce to about $1100 ($912.00 to $1,237, adjusted for inflation). [2] This led to an epidemic of thefts targeting the device for sale to scrap dealers. [4]
The ECE 15/05 norms (also known as the Luxemburg accord, strict enough to essentially require catalytic converters) began taking effect gradually: the initial step applied to cars of over 2000 cc in two stages, in October 1988 and October 1989. [2] There followed cars between 1.4 and 2.0 liters, in October 1991 and then October 1993.
A three-way catalytic converter on a gasoline-powered 1996 Dodge Ram Simulation of flow inside a catalytic converter. A catalytic converter is an exhaust emission control device which converts toxic gases and pollutants in exhaust gas from an internal combustion engine into less-toxic pollutants by catalyzing a redox reaction.
The price of lithium carbonate started to rise in 2021 after slumping in 2020 and peaked in early 2022 close to $80,000 per ton. Demand for electric vehicles around the world is the primary cause for the price rise. In 2021, electric vehicle sales doubled to 6.6 million from 2020. [32]
Fluid catalytic cracking (FCC) is the conversion process used in petroleum refineries to convert the high-boiling point, high-molecular weight hydrocarbon fractions of petroleum (crude oils) into gasoline, alkene gases, and other petroleum products.
Monolithic catalyst supports are extruded structures that are the core of many catalytic converters, [1] most diesel particulate filters, and some catalytic reactors. Most catalytic converters are used for vehicle emissions control. Stationary catalytic converters can reduce air pollution from fossil fuel power stations.
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