Novelis shifting NY site to closed-loop model
Jun 20, 2013 | 05:34 PM
| Daniel Fitzgerald
NEW YORK Novelis Inc. will roll out a closed-loop recycling system at its Oswego, N.Y., facility over the next 12 months to cater to its automotive customers as the company looks to make the auto sector 65 percent of its business.
Novelis is moving away from the "outdated linear model" of aluminum sheet production and adopting a closed-loop model to meet its 2020 goal of having a recycled content of 80 percent in its products, Novelis president and chief executive officer Philip Martens said at AMMs Aluminum Summit in New York.
The Atlanta-based company has reconfigured its automotive supply chain with customers like Jaguar-Land Rover Automotive Plc in Europe, so the "casting" step of the model is moved further downstream to be more closely integrated with customer requirements, Martens said.....
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