Alcomet’s Shumen production facility achieves ASI Performance Standard V2 (2017) Certification

Aluminium Stewardship Initiative (ASI) announced that Alcomet's Shumen production facility in Bulgaria has been accredited with the ASI Performance Standard V2 (2017) Certification. The firm manufactures aluminium rolled and extruded products for use in the food and beverage, pharmaceutical, building and construction, and automotive sectors. Its facilities have a total annual output capacity of 100,000 tonnes.

The factory includes the complete downstream production cycle, including billet and coil casting, extrusion, and cold rolling, and is Bulgaria's first ASI-certified facility. TÜV Rheinland Cert GmbH conducted an impartial, third-party audit of the Alcomet AD business. The audit occurred before May 31, 2023, allowing for Performance Standard V2 certification.

Huseyin Ince, Executive Board Member of Alcomet, said, "This certification is a recognition of our incessant efforts to establish Alcomet as a socially oriented and environmentally responsible company. Today, the business landscape is increasingly shaped by challenges related to climate change, loss of natural land and biodiversity, social issues, and changing corporate role requirements. Sustainability and ESG agenda are becoming an integral part of business and investment strategies without which further growth is impossible. At Alcomet, in addition to promoting an attitude of sustainability among our employees and implementing sustainable practices in the organization, we also drive change in the industry by working together with our partners to build a sustainable value chain. "

The ASI Certification programme, established after intensive multi-stakeholder input, is the first complete voluntary sustainability standard project for the aluminium value chain. The ASI Performance Standard V2 (2017) sets environmental, social, and governance principles and standards to address sustainability challenges across the aluminium value chain.

Fiona Solomon, Chief Executive Officer at ASI stated, “We warmly congratulate Alcomet AD on achieving full ASI Performance Standard Certification, the first of its kind in Bulgaria. The company's rolled and extruded products present benefits such as weight reduction in automobiles, corrosion resistance for buildings, and easily recyclable packaging. Its successful transition to full Performance Standard certification status reflects Alcomet’s continuing efforts to improve sustainability outcomes, such as in the recovery and recycling of dross and the establishment of time-bound reduction targets for emissions and wastes.”