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17 DECEMBER 2022 AL CIRCLE

Recycled aluminium weekly recap: Hydro signs deal to supply low carbon aluminium for 2023 Mercedes-Benz models; Arfin India obtains $42.26 million aluminium deox supply deal from Saudi Arabia

EDITED BY : MAYURAKSHI GANGULY 4MINS READ

Last week the recycling sector witnessed high potential initiatives, with Hydro announcing the low-carbon aluminium supply deal with Mercedes-Benz for the making of the German auto giant’s range of models from 2023. Pondy Oxides and Chemicals Limited have begun recycling and melting aluminium at their recently renovated Sriperumbudur facility in Tamil Nadu, India, from December 14 2022. SIG Group Ltd (SIG) made an investment of US$1.9 million to develop the available technology to obtain a better value-added method of recycled aseptic cartons in Brazil, recycling the materials like aluminium and plastic separately. Arfin India won a supply deal of $42.26 million (INR 350 crore) worth of aluminium deox from a Saudi Arabia-Middle East steel plant. The recycling industry has grown a lot in the past few years due to the emerging need for curtailing carbon emissions. Many companies are paving new ways to combat this environmental crisis, and this week you’ll get a glance at the most important revolutions in the field.

Recycled aluminium weekly recap: Hydro signs deal to supply low carbon aluminium for 2023 Mercedes-Benz models; Arfin India obtains $42.26 million aluminium deox supply deal from Saudi Arabia , Alcircle News

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When matters of great concern, like global warming and carbon emissions, are hammering hard on the conscience, we are trying to move toward more sustainable methods to nip the evil from the bud. The primary methods used to discard these social problems are recycling and reusing. To learn about some of the top players responsible for advancements in the sorting and recycling process in 2022, click the link below.

To know more: https://www.alcircle.com/news/technological-evolutions-in-the-aluminium-recycling-sector-sorting-and-reuse-practices-in-2022-87444

On December 15, 2022, the luxury automotive giant Mercedes-Benz and global leader in low-carbon aluminium production, Norsk Hydro, announced that later will supply the German automaker with low-carbon aluminium for a range of models from 2023, including its electric EQ models, as the luxury carmaker plans to decarbonise its supply chain.

To know more: https://www.alcircle.com/news/hydro-to-supply-mercedes-benz-with-low-carbon-aluminium-reduxa-87455

Pondy Oxides and Chemicals Limited has accomplished the installation of plant and machinery for the aluminium recycling/melting facility at its existing premises in Sriperumbudur, Tamil Nadu, India and gained the required regulatory approvals and thereby inaugurated its commercial production on December 14 2022.

To know more: https://www.alcircle.com/news/pondy-oxides-and-chemicals-ltd-accomplished-the-installation-of-a-new-facility-for-recycling-aluminium-87461

The prominent name in the aluminium recycling and ferroalloys segment, Arfin India, witnessed stock price pick up following the company's announcement that it received an export order from the Saudi Arabia-Middle East steel plant to supply aluminium deox worth $42.26 million (INR 350 crore).

To know more: https://www.alcircle.com/news/arfin-india-bags-42-million-worth-aluminium-deox-supply-order-from-saudi-arabia-88452

On Friday, December 16, Aluminium Stewardship Initiative announced that REAL Alloy has successfully been certified with the ASI Performance Standard V2 (2017) and Chain of Custody (CoC) Standard V1 (2017) for its wrought alloy and cast alloy factories located in Coldwater North Michigan and for recovering aluminium scrap at its Coldwater South plant (USA). REAL Alloy's global corporate headquarters in Ohio (USA) has also received a dual ASI Certification for its central, strategic, and administrative management duties.

To know more: https://www.alcircle.com/news/real-alloy-achieves-dual-asi-certifications-for-its-operations-in-north-america-88453

According to a report published by Metal Packaging Europe and European Aluminium, the recycling rate of aluminium beverage cans in the European Union, United Kingdom, Switzerland, Norway, and Iceland stood robust at 73 per cent in 2020. The total volume of aluminium recycled from cans was 510,000 tonnes in the said year, reflecting an increase of more than 20,000 tonnes since the previous year. As a result, a total Greenhouse Gas (GHG) emissions saving was 4.2 million tonnes of CO₂eq.

To know more: https://www.alcircle.com/news/recycled-aluminium-output-from-beverage-cans-reach-record-high-in-europe-with-robust-recycling-rate-of-73-87451

Birmingham’s Aston University has collaborated with Midland-headquartered cast house technology experts via a Knowledge Transfer Partnership (KTP) to plan new energy-saving ways of recycling aluminium, which might save almost 50 per cent of the total consumption demanded by the process.

To know more: https://www.alcircle.com/news/mechatherm-international-and-aston-university-sign-a-knowledge-transfer-deal-to-improve-aluminium-recycling-methods-87383

In a move to encourage school students towards recycling, the City of York Council, in collaboration with Alupro, launched a festive-themed competition for primary school students. With the council now able to collect aluminium foil at the kerbside, the project seeks to improve public awareness of the value of recycling, particularly during the holiday season when package quantities rise.

To know more: https://www.alcircle.com/news/city-of-york-council-and-alupro-launches-festive-themed-aluminium-foil-recycling-competition-87439

World Recycled Aluminium Market Analysis

European solutions provider for carton packaging and filling machines, SIG Combibloc Group Ltd (SIG), has allotted US$1.9 million in funding to enhance the available technology to acquire a better value-added method of recycled aseptic cartons in Brazil. To promote recycling, polymers and aluminium from used aseptic carton packs will be extracted utilising the newly developed technology.

To know more: https://www.alcircle.com/news/sig-invests-us1-9-million-to-evolve-aseptic-carton-recycling-technology-in-brazil-87427


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EDITED BY : MAYURAKSHI GANGULY 4MINS READ

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