EGA to acquire 80% stake in Italy’s Eco Green, adding to European recycling capacity

Emirates Global Aluminium (EGA) has announced plans to acquire an 80 per cent stake in Italy-based Eco Green, subject to regulatory approvals, as it expands its recycling activities in Europe.

Founded in 1993 by the Scappini family, Eco Green is engaged in aluminium scrap collection, sorting, casting and dross processing, handling more than 70,000 tonnes annually. The company supplies over 60 customers across Europe, mainly in aluminium processing and semi-fabrication, with end-use sectors including automotive, construction and other industrial applications. Its scrap sourcing network includes more than 350 suppliers.

In Villafranca di Verona, in northeast Italy, Eco Green collects, sorts and distributes around 23,000 tonnes of aluminium scrap each year. Part of this material is transferred to its facility in Nogara di Verona, where more than 20,000 tonnes of secondary sows are produced annually, along with dross processing.

Expansion underway alongside wider capacity build-up

Eco Green is carrying out an expansion at its Nogara facility that will add 15,000 tonnes per year of recycled aluminium capacity. The project is expected to be completed early in the second half of 2026.

The acquisition adds to EGA’s existing recycling operations. The company runs the UAE’s largest aluminium recycling plant at Al Taweelah in Abu Dhabi and has already acquired recycling assets in Germany and the United States. Following completion of the Eco Green deal, EGA’s recycling capacity is expected to exceed 400,000 tonnes per year across the UAE, Europe and the US, with a further 200,000 tonnes under development.

EGA markets its recycled aluminium globally under the RevivAL brand.

Abdulnasser Bin Kalban, Chief Executive Officer of Emirates Global Aluminium said, “At EGA, we are making rapid progress in building a global aluminium recycling business alongside expanding our primary aluminium production. Post closing, Eco Green will bring EGA reach and expertise in the European aluminium scrap market, making this a significant step forward in supplying the recycling operations we are building across the continent to contribute to Europe’s green future. Eco Green will also add recycled aluminium production in northeast Italy, which we can further develop as part of EGA.”

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Rising role of recycled aluminium

Demand for recycled aluminium is expected to increase significantly in the coming years. Analysts estimate it could double by 2040, contributing around 60 per cent of global aluminium supply growth by 2030 and about 70 per cent between 2030 and 2040.

Europe, excluding Russia, is the third-largest recycled aluminium market after the United States and China. Recycled aluminium currently accounts for about 40 per cent of the region’s demand, with consumption estimated at 4.9 million tonnes in 2025 and projected by CRU to reach around 7.2 million tonnes by 2033.

EGA has been expanding its recycling operations across key markets. In May 2024, it acquired Germany-based Leichtmetall in Hannover, where a USD 170 million expansion is underway to increase capacity more than six-fold, including 110,000 tonnes per year of scrap sorting and 153,000 tonnes per year of melting and casting capacity, with first hot metal expected in 2028.

In the United States, EGA acquired Spectro Alloys in Minnesota in September 2024. The facility completed an expansion in July 2025, taking total production capacity to 165,000 tonnes per year, with an additional 35,000 tonnes of billet capacity under development and expected in 2027.

In the UAE, EGA began cast metal production in late February at its 185,000 tonnes per year recycling plant at Al Taweelah, although the plant is currently shut down following Iranian missile and drone attacks at Khalifa Economic Zone Abu Dhabi.

EGA exports more than 600,000 tonnes of primary aluminium annually from the UAE to Europe, supplying industries such as automotive and construction. Recycling aluminium requires about 95 per cent less energy than primary production and generates significantly lower greenhouse gas emissions.

“Becoming part of the world’s largest producer of ‘premium aluminium’ will unlock Eco Green’s growth potential, enabling us to further enhance our plants and expand our scrap supply and customer networks across Europe. EGA is already a major primary aluminium supplier to Europe, and we look forward to contributing to a significant and fast-growing EGA recycling business across the continent.” said Luca Scappini, Chief Executive Officer of Eco Green.

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