Ulsan facility opened by Novelis

Novelis has opened its new aluminium recycling centre in Ulsan, South Korea in a joint venture with Kobe Steel.

It has invested $65 million (EUR 57 million) to build a facility with an annual production capacity of 100 000 tonnes of low-carbon aluminium sheet ingot. It is equipped to process a wide range of aluminium scrap – including those from cans, automotive, and industrial sources.

Asia’s biggest

Novelis currently operates Asia’s largest aluminium beverage can recycling facility in Yeongju, Gyeongsangbuk-do. With the addition of the Ulsan centre, the company now has a domestic recycling capacity of approximately 470 000 tonnes per year.

‘The Ulsan Aluminum Recycling Center is a strategic investment aimed at meeting growing customer demand for sustainable, low-carbon aluminum across beverage packaging, automotive, and specialty product sectors,’ says Sachin Satpute, president, Novelis Asia.

‘We will continue to expand the use of recycled aluminium inputs to reduce our carbon footprint as well as those of our customers and our industry, accelerating the transition to a circular economy.’