Norwegian firm Hydro is investing EUR 50.3 million in its extrusion plant in Cressona, Pennsylvania. This will enable it to expand the site’s recycling capabilities, which include remelt and extrusion billet casting, producing low-carbon aluminium products.
The project is expected to be fully operational in late 2024 and will expand Cressona’s casting capacity by more than 50 000 tonnes. The investment will allow for a significant increase in use of pre- and post-consumer aluminium scrap and will support the plant in achieving a 5% reduction in the average carbon footprint of its extrusion billet.
‘The ability to cast our own extrusion billet is extremely important,’ says Paul Warton, Executive Vice President for Hydro Extrusions. ‘We anticipate strong demand for these locally supplied greener products in the future and are excited to help drive the circular economy in North America.’
The investment in the Cressona extrusion plant follows a recent EUR 27.2 million investment in Hydro Extrusion’s recycling facility in The Dalles, Oregon and the start of construction of Hydro Aluminum Metal’s EUR 151 million greenfield recycling plant in Cassopolis, Michigan.
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