Hydro is investing in new recycling units at its operations in Norway. By investing in new technology and increasing recycling, the company will be able to move closer to achieving its goal of reducing its own greenhouse gas emissions by 10% by 2025 and 30% by 2030 (compared to 2018 levels). These investments will also […]
Hydro plans to invest NOK 180 million (US$16.6 million) in a state-of-the-art scrap sorting facility at the recycling plant in Wrexham, U.K. The plant will have the capacity to source and sort over 30,000 tonnes of aluminum scrap annually, enough aluminum for over 100,000 electric vehicles. The investment will also create 16 new local jobs. […]
Trimet Aluminium SE is completing the expansion of its recycling plant in Gelsenkirchen, Germany. The project will increase production capacity at the site, as well as significantly reducing CO2 emissions by updating the energy supply. This will enable the company to achieve improved eco-balances in the aluminum alloys it produces from recycled scrap, benefiting the […]
Hydro entered a multi-year agreement with Sims Alumisource to purchase processed aluminum scrap for its North American extrusion business. Hydro is the largest producer of aluminum billets in North America, with 12 recycling facilities in the U.S. and Canada. Hydro and Sims Alumisource have previously worked together to refine the processing of post-consumer aluminum scrap […]
Emirates Global Aluminium (EGA) signed a binding sale and purchase agreement for the acquisition of Leichtmetall Aluminium Giesserei Hannover GmbH, a German aluminum recycling firm. EGA will acquire 100% percent of the recycling operation from Leichtmetall Holding GmbH, a subsidiary of an investment fund managed by Quantum Capital Partners GmbH. This is EGA’s first major […]
MX Holdings, the parent company of Metal Exchange Corp. and Pennex, signed an MOU with Century Aluminum Company, a global primary aluminum producer with facilities in the U.S. and Iceland, to establish a new joint venture focusing on the manufacture and marketing of low-carbon recycled secondary aluminum billet. “We are excited to embark on this […]
Gränges recently formed a strategic, long-term partnership with aluminum recycler, Scepter, Inc. Under the agreement, Scepter will supply recycled aluminum ingots to Gränges’ rolling and recycling centers in the U.S. “Gränges is committed to reducing the carbon footprint of our products and thereby also helping our customers on their decarbonization journey. This agreement is a […]
Constellium SE is leading a new R&D initiative called “Close the Loop,” which aims to develop technologies to dismantle, sort, and remelt wrought aluminum from end-of-life vehicles for recycling and processing into new products to be used in future vehicles. The project is in partnership with recycling companies in France, including Indra (an automotive recycler), […]
