Aldel, located in Delfzijl, Netherlands, announced the reopening of potline one, which was closed for six years. Acquired by York Capital in November 2017, the smelter is in the process of a significant capital investment programme to return the plant to its original production levels. Full annual capacity of the plant is over 150,000 tonnes of extrusion billets and rolling ingots.
“This is part of the on-going capital investment in both equipment and people as the plant moves towards full production by the end of 2019.”
The Aldel plant, established in 1966, serves as a critical supplier in the European aluminium industry and is the only remaining smelter in The Netherlands. The smelter plays a very important role in helping balance the Dutch energy grid which becomes more important as the renewable energy mix increases.
Aldel currently employs approximately 500 people on-site of whom 270 are employees, this is up from 175 when the business was acquired. It is expected that more than 300 people will be directly employed.
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