The recycled segment of the aluminium industry has been witnessing extraordinary feats in the past few months with the advent of Net Zero and low carbon impact protocols. On November 16, Hydro launched the Cassopolis facility in the United States, 18 months after construction. This facility is a notable milestone for the company, being their third greenfield recycling plant established in the United States. What sets it apart is that it is the first facility specifically engineered for the production of Hydro CIRCAL, a remarkable achievement. With this US$150 million Michigan factory, Hydro will be able to generate 120,000 metric tonnes of recycled aluminium annually. Japan's Toyota Tsusho Corporation's subsidiary, Toyotsu Materials, and non-ferrous scrap company Sanko Saitama have established a joint investment venture named Toyotsu Sotec in a strategic move towards sustainable practices. With a total capital infusion of JPY 490 million, Toyotsu has emerged as the majority stakeholder with an 80% share, while Sanko owns 20%. The new company, located in Ako City, Hyogo Prefecture, is determined to set a new standard in the sorting and processing of aluminium scrap.
Indian aluminium demand is growing rapidly due to increased population, urbanisation and industrialisation. It is important for high-value demand segments like infrastructure - Power, Transportation, Railways, Aerospace, Building and construction, Renewable Energy and Consumer Durables to remain a net zero economy by 2050.
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While the metal industry aims to achieve 100% can recycling by 2030, Alupro insists that a 'well-designed' DRS, similar to those in Finland or Denmark, is essential for this goal.
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The recently released real (adjusted for inflation) United States Gross Domestic Product (GDP) figures for the third quarter (Q3) exceeded expectations. According to the advanced estimates by the Bureau of Economic Analysis, the GDP exhibited a growth rate of 4.9 per cent annually in Q3 2023.
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Opticycle will split contact lens cases into aluminium and plastic for reuse in construction items such as plastic fence posts, plastic wheel brakes, and steel manufacture.
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The world's second-largest aluminium scrap exporter, the United States, exported 26,400 tonnes of scrap to Malaysia in August 2023, down by 2,000 tonnes or 7.04 per cent month-on-month from 28,400 tonnes.
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Eurostat reported that in 2022, the circular material use rate in the EU reached 11.5 per cent, indicating that 11.5 per cent of the material resources utilized in the European Union were derived from recycled waste materials.
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Hounslow has become the third borough in London to implement a coffee pod recycling scheme and the first in West London. The recently introduced service has been initiated via a collaborative effort with Podback, an altruistic recycling group.
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In a strategic move towards sustainable practices, Japan's Toyota Tsusho Corporation's subsidiary, Toyotsu Materials, and non-ferrous scrap company Sanko Saitama have forged a joint investment venture named Toyotsu Sotec.
To know more: https://shorturl.at/hinCS
On November 16, Hydro launched the Cassopolis facility in the United States, 18 months after construction. This marks the establishment of the company's third greenfield recycling plant inside the United States, with the notable distinction of being the first facility specifically engineered for the production of Hydro CIRCAL.
To know more: https://shorturl.at/diuIW
The award-winning Australian designer Tom Fereday has created a stunning furniture collection made entirely from recycled aluminium. The furniture collection comprises a chair, sofa, and table, all of which celebrate the industrial aesthetic of the material.
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