Novelis to open $250 million Aluminum recycling and casting centre
BERLIN:Novelis, aluminum rolling and recycling company recently broke ground on a $250 million aluminum recycling and casting centre that is projected to be the world’s largest aluminum recycling center. Company started the centre at its plant in Nachterstedt, Germany. The new center is expected will open in 2014 and is expected to create 200 new jobs.
Used beverage cans and other forms of aluminum scrap from across continental Europe will be processed in the new centre. The centre will enable the the company to produce 400,000 metric tons of aluminum sheet ingot from recycled material every year. “The advanced sorting, processing and casting capabilities of the new Nachterstedt operation will propel us closer to our goal of 80 percent recycled content by 2020,” says Phil Martens, President and Chief Executive Officer for Novelis.
Recycled aluminum will use only 5 percent of the energy used to create aluminum from raw materials. Thus this is a ajor cost savings over the production of new aluminum, saving natural resources and reducing greenhouse gases. Aluminum sheet and foil products are supplied by Novelis to automotive, transportation, packaging, construction, industrial, electronics and printing markets throughout North America, Europe, Asia and South America.