CHICAGO Novelis Inc. has
installed the roof on its new $250-million aluminum recycling
and casting plant in Nachterstedt, Germany.
The Atlanta-based aluminum
company said interior work can now begin on the facility, with
equipment installation expected in the fall. The operation
should be completed by July 2014, Novelis Europe president
Erwin Mayr said in a statement.
Novelis broke ground in November
on the Nachterstedt plant, which the company predicted would be
the worlds largest aluminum recycling center (
amm.com, Nov. 27). The investment illustrates the
companys "long-term commitment to the European market,"
Novelis said it has invested
$450 million in recycling and casting expansion projects over
the past two years, including the commissioning of its
recycling and casting center in Yeongju, South Korea (amm.com, Oct. 24).
The new projects will boost the
companys recycling and casting capacity to 2.1 million
tons per year by 2015, said Novelis, which aims to increase the
recycled content in its products to 80 percent by 2020.