AMG ANNOUNCES APPOINTMENT OF MR. THOMAS CENTA AS PRESIDENT OF AMG VANADIUM
Amsterdam, 12 November 2019 — AMG Advanced Metallurgical Group N.V. (“AMG”, EURONEXT AMSTERDAM: “AMG”) is pleased to announce that Mr. Thomas Centa has been appointed President of AMG Vanadium. Mr. Centa has been with AMG Vanadium since May 2018, serving as Executive Vice President. Mr. Centa reports to Mr. Eric Jackson, AMG’s Chief Operating Officer.
Mr. Centa assumed this role following the retirement of Mr. Hoy E. Frakes, Jr., who served as AMG Vanadium’s President for nearly 20 years. Mr. Frakes will remain with AMG Advanced Metallurgical Group N.V. providing oversight for the company’s vanadium expansion projects in Zanesville, Ohio and the previously announced Shell & AMG Recycling B.V. joint venture.
Mr. Jackson said, “I want to thank Hoy for his leadership and commitment in making AMG Vanadium the global environmental leader in processing spent resid catalysts. We are also extremely pleased to have Tom lead the AMG Vanadium team as we expand on our global leadership position.”
About AMG Vanadium LLC
AMG Vanadium LLC is a wholly-owned subsidiary of AMG Advanced Metallurgical Group N.V. (“AMG”, EURONEXT AMSTERDAM: “AMG”), a global leader in the production of highly engineered specialty metal products and advanced vacuum furnace systems. Located in Cambridge, Ohio, AMG Vanadium specializes in the environmentally beneficial conversion of oil refinery and power plant waste products into specialty metals used by global steel producers in automotive, energy transmission and infrastructure applications. By using materials which would otherwise be discarded as waste, AMG Vanadium encourages environmental stewardship, energy conservation and resource recovery, making it the environmental leader in this global industry. AMG Vanadium is the North American ferrovanadium market share leader and has two primary product lines: FEROVAN®, its ferrovanadium alloy used in the production of steel to improve its strength, and FeNiMoly® which is a valuable additive utilized in the production of stainless and carbon steels.
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