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EGA begins Construction of UAE's Largest Aluminium Recycling Plant

 
EGA begins Construction of UAE's Largest Aluminium Recycling Plant

United Arab Emirates, 21 November 2023: Emirates Global Aluminium, the largest ‘premium aluminium’ producer in the world, today announced the start of construction of the United Arab Emirates’ largest aluminium recycling plant.


The 170 thousand tonnes per year facility is being built next to EGA’s existing smelter in Al Taweelah. The plant will process post-consumer aluminium scrap such as used window frames, as well as pre-consumer aluminium scrap from extrusion production, into low-carbon, high quality premium aluminium billets.
The new facility will supply local and global markets with low carbon metal under the product name RevivAL. Construction is expected to be complete within three years. 
Most of the aluminium scrap generated in the UAE is currently exported for processing outside the country, and is lost to the national economy. Once the recycling plant is complete, EGA expects to become the largest consumer of aluminium scrap in the UAE. 


Market analysts expect global demand for recycled aluminium to grow from some 27 million tonnes per year in 2022 to 57 million tonnes in 2040. Recycled aluminium is expected to account for around 60 per cent of the growth in global aluminium supply between now and 2030, and around 70 per cent of supply growth between 2030 and 2040.


Aluminium is infinitely-recyclable. Recycling aluminium requires 95 per cent less energy than making new metal, and results in a fraction of the greenhouse gas emissions of primary aluminium production.


Abdulnasser Bin Kalban, Chief Executive Officer of Emirates Global Aluminium, said: “Aluminium recycling is key to our metal achieving its enormous potential to contribute to decarbonisation while improving global living standards. This makes recycling the biggest global growth opportunity for our industry, and for EGA. Our construction of a major aluminium recycling plant will provide low carbon product options for our local and global customers while contributing to the national Operation 300bn industrial growth strategy.”


EGA was the first company to produce aluminium commercially using solar power, which is marketed under the product name CelestiAL, starting in 2021. Last year, EGA produced 57 thousand tonnes of CelestiAL. 
In 2023, EGA expanded its low carbon metal portfolio, combining solar and recycled aluminium to achieve even lower carbon intensity. This product is called CelestiAL-R. BMW Group is the first customer for this metal.  


EGA has publicly committed to reaching net zero greenhouse gas emissions by 2050, in line with the UAE’s Net 50 by 2050 Strategic Initiative.

 


Posted by : DubaiPRNetwork.com Editorial Team
Viewed 9459 times
PR Category : Banking & Investments
Posted on : Tuesday, November 21, 2023  11:23:00 AM UAE local time (GMT+4)
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