Novelis today broke ground on a $250 million aluminium recycling and casting centre at its plant in Nachterstedt, Germany.
Constructed adjacent to the company's existing aluminium rolling mill, the new centre will enable the company to produce 400,000 metric tons of aluminium sheet ingot from recycled material annually, and is projected to be the world's largest aluminium recycling centre.
"This investment represents another step in delivering on our commitment to dramatically increase the recycled content of the rolled aluminium sheet we provide to our world-class global customers," said Phil Martens, president and chief executive officer for Novelis, "while also signifying our long term commitment to the European market. The advanced sorting, processing and casting capabilities of the new Nachterstedt operation will propel us closer to our goal of 80 percent recycled content by 2020."
The centre will process used beverage cans as well as numerous other forms of aluminium scrap from across continental Europe. The company expects the centre to create 200 new jobs when it is commissioned in mid-2014.
