Scepter, Inc. formed a multi-year metal supply agreement with Novelis, through which the company will supply more than 200,000 tons of aluminum ingot with up to 95% recycled content. Novelis will utilize this ingot to roll and finish high quality sheet products for the aluminum beverage can and food container industry in the U.S.
“Scepter is committed to use more scrap, reduce emissions, and contribute to the overall sustainability of aluminum,” said Garney Scott, CEO of Scepter. “We are excited to partner with Novelis to continue these efforts. Our unique technology and capabilities will produce high quality ingot that meets bold sustainable objectives set by Novelis.”
Headquartered in Waverly, TN, Scepter is a secondary aluminum recycling and trading company that produces a wide range of recycled products at facilities located in the U.S., Canada, and Europe. Since 1991, Scepter has produced rolling ingot from recycled scrap at its Waverly facility.
The company’s new agreement with Novelis will result in an estimated carbon reduction of 1.2 million tons compared to the use of prime-based sheet ingot. This is because the aluminum recycling process uses just 5% of the energy used to produce primary aluminum and emits only 5% of the associated greenhouse gases. As a result, this partnership ensures aluminum scrap can be recycled into new, similar products using lesser amounts of primary aluminum — supporting both companies’ sustainability objectives.
“Novelis’ purpose is shaping a sustainable world together, which recognizes the importance of working with partners throughout the industry to advance sustainability for our customers,” said Tom Boney, executive vice president and president, Novelis North America. “We’re proud to continue working with Scepter to advance aluminum as the most sustainable material choice.”