LONDON Novelis Inc. has broken ground on what it is
predicting will be the worlds largest aluminum recycling
center in Nachterstedt, Germany.
"Constructed adjacent to the companys existing aluminum
rolling mill, the new center will enable the company to produce
400,000 tonnes of aluminum sheet ingot from recycled material
annually," Novelis said.
The new center will form part of Novelis plan to increase
its recycling capacity to 2.1 million tonnes per year by 2015
from 1.2 million tonnes, along with similar investments in
South Korea and Brazil at a total cost of about $450 million.
The Atlanta-based company reached a 42-percent recycled content
level in its products, up from 39 percent in May, as it
attempts to reach an interim target of 50 percent by 2015 ahead
of its long-term target of 80-percent recycled content by 2020,
a Novelis source said in September at AMM sister
publication Metal Bulletins 27th International
Aluminium Conference in Moscow.
"This investment represents another step in delivering on our
commitment to dramatically increase the recycled content of the
rolled aluminum sheet we provide to our world-class global
customers, while also signifying our long-term commitment to
the European market," Novelis president and chief executive
officer Philip Martens said in a statement.
The new center will process used beverage cans and other forms
of aluminum scrap from across continental Europe, and will
create 200 new jobs when it is commissioned in mid-2014.
"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," Martens
A version of this article was first published by AMM sister
publication Metal Bulletin.