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23 JULY 2022 AL CIRCLE

Recycled aluminium weekly recap: North Cork supermarket installs second 'reverse vending machine' to recycle aluminium cans; Hydro's "Green Financing Framework" supports its low-carbon economy mission

EDITED BY : SARNALI CHAKRABORTY 3MINS READ

Recycling is proven to be more of a need than a cause for concern in the socio-economic climate of today when the world is buzzing with issues like a growing global population, rising carbon emissions, rising energy expenses, and a scarcity of feedstock. And aluminium as a metal is considered to be 100 per cent recyclable and also maintains its original purity throughout recycling is aluminium. To begin with, Hydro’s latest “Green Financing Framework" enables Hydro to offer green financial products and financing tools associated with its sustainability goals and initiatives. As part of its most recent recycling campaign, the German grocery chain Aldi debuted its ongoing "reverse vending machine" trial for the second time in an Irish shop in North Cork. Customers can now easily recycle their bottles and aluminium cans. Next in line is the news of Novelis Inc., a top manufacturer of flat-rolled aluminium products and the biggest recycler in the world, planning to boost its recycling efforts.

Recycled aluminium weekly recap

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Hydro’s green and sustainability-linked financing framework has been created as a part of the company’s dedication to sustainability. The framework enables Hydro to provide green financial products and financing instruments connected to its aims and efforts in sustainability.

To know more: https://www.alcircle.com/news/hydro-s-green-financing-framework-supports-its-mission-toward-low-carbon-economy-82034

Novelis Inc., a leading producer of aluminium flat-rolled products and the world’s largest recycler, is on the way to boosting its recycling game. The company announced on Tuesday, July 19, that it entered a strategic partnership with Sortera Alloys, Inc., intending to take advantage of the latter’s advanced sorting technologies to recycle and re-use a higher amount of automotive post-production and post-consumer scrap.

To know more: https://www.alcircle.com/news/novelis-partners-with-sortera-alloys-to-use-more-advanced-sorting-technologies-for-recycling-auto-scrap-82022

The German grocery brand, Aldi has introduced its current ‘reverse vending machine’ trial for the second time in a North Cork store in Ireland, as a segment of its latest recycling initiative. Consumers can easily return their bottles and aluminium cans followed by Aldi giving the collected earnings to a selected charity.

To know more: https://www.alcircle.com/news/supermarket-in-north-cork-installs-second-reverse-vending-machine-to-recycle-aluminium-cans-and-pet-bottles-82013

Saperatec is, at this moment, engrossed in constructing its first recycling plant in Germany, specialising in composite packaging in addition to segregating thin layer composite materials from aluminium barriers during its exceptional recycling process.

To know more: https://www.alcircle.com/news/saperatec-gmbh-develops-a-recycling-plant-in-germany-to-sort-packaging-materials-for-reuse-82050

On July 19, Steel Dynamics Inc. headquartered in Fort Wayne, Indiana announced an investment of US$2.2 billion to construct a flat rolled mill for recycled aluminium alongside two satellite recycled aluminium slab units to aid in production. The firm has confirmed that the mill harnesses the capacity to produce almost 650,000 tonnes of completed profiles, each year.

To know more: https://www.alcircle.com/news/steel-dynamics-plans-to-invest-2-2-billion-in-building-recycled-aluminium-facilities-82026

World Recycled Aluminium Market Analysis

Pulp and paper industry head from Finland, Stora Enso has partnered with Tetra Pak in scrutinizing a joint beverage packages recycling scheme that would house a specialized venture in Langerbrugge for extracting fiber and making recycled containerboard, with a dedicated partner chipping in for recycling the polymer and aluminium barrier materials.

To know more: https://www.alcircle.com/news/stora-enso-and-tetra-pak-come-together-to-recover-aluminium-fiber-from-cartons-recycling-them-as-raw-material-82001


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EDITED BY : SARNALI CHAKRABORTY 3MINS READ

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