“The Nachterstedt Recycling Center is a significant step toward our goal to be the world’s low-carbon aluminum sheet producer, shifting our business model from a traditional linear approach to an increasingly closed-loop model,” said Phil Martens, president and CEO of Novelis. “This new facility further strengthens Novelis’s leadership in Europe, and together with our major recycling operations in Asia, North America and South America, solidifies Novelis’s position as the global aluminum recycling leader.”

Since 2011, Novelis has invested approximately $500m to expand its recycling network, doubling its recycling capacity to 2.1 million metric tons per year and raising its recycled content from 30 percent to 46 percent. The company’s goal is to achieve 80 percent recycled content by 2020. Recycling aluminum saves 95 percent of the energy and emissions associated with the production of primary metal.

Nachterstedt’s central location within Europe provides the plant with access to efficient transportation networks. Aluminum ingots produced at Nachterstedt will be hot-rolled at Novelis facilities in Norf, Germany, and Sierre, Switzerland, and then supplied to company operations across Europe for further processing. Finished coils of aluminum sheet will be delivered to customers primarily in the automotive and beverage can markets.

Source: Novelis