SPOTLIGHT: Brazil's aluminium can recycling sector set to grow with major investments
Dec 09, 2011 | 03:26 AM
Brazil is set to extend its global leadership in aluminium can recycling with millions being pumped into the industry.
It is looking to expand its can and scrap aluminium recycling capacity by 33%, and is hoping to increase its recycled products in Brazil to 80% by the year 2020.
The majority of investment going into the country’s can recycling programme is coming from Novelis, one of the world’s largest producers of rolled aluminium products and a global leader in aluminium beverage can recycling.
Novelis, has the leading hand in investment with back-to-back investment of $360 million having been injected into the aluminium recycling industry over the past two years and in the year to come.
In November, Novelis announced an additional $32 million in investment going towards its new aluminium can recycling plant Pindamonhangaba, Brazil.
Brazil has been the world leader in aluminium can recycling for the....
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