Scrap Sources
July 11, 2022
Novelis-Kobe start work on recycling plant
US aluminium products’ manufacturer, Novelis, and multi-metal producer, Kobe Steel of Japan, have held a ground-breaking ceremony to mark the construction start of a recycling centre.
With a casting capacity of 100,000 t/y of sheet ingot, it is being built at the companies’ Ulsan Aluminum joint venture (JV) in South Korea.
Costing $50 M (€50.2 M) to set up, the plant is expected to come online in 2024 and will reduce Novelis’ own carbon emissions by more than 420,000 s.tons/y, the Atlanta-headquartered company said.
Novelis, which operates what it describes as Asia’s largest aluminium recycling centre in Yeongju, South Korea, is building the new one through the JV to meet long-term global demand for sustainable, low-carbon aluminium sheet for can, automotive and high-end speciality products.
“The addition of Ulsan Recycling Center will allow Novelis to increase its recycling capacity by more than 20% to 440,0000 t in South Korea and to enhance its capability to process different types of aluminium scrap,” the company added.
