Dubai PR Network, Online Press Release from Dubai and Middle East
 
Business and Economy
Filter PR by
  
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 14895 times
PR Category : Business and Economy
Posted on : Tuesday, November 21, 2023  11:23:00 AM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Savoye Acquires a Major Contract in KSA to Support CJ Logist...
Next Story : Chestertons Global Awards Winners of first Chestertons Polo ...
Email this article Print this article

Share this article with your friends and followers
NewsVine
 
 
Most Viewed Press Release posted in the last 7 days
WFP requires us$16.9 billion in 2025 to respond to unrelenting humanitarian needs [51385-Views]
Ajmal Perfumes Enhances Travel Retail with New Boutique in Muscat Duty Free [49532-Views]
IATA Wings of Change Europe Conference Calls for EU to Prioritize Competitiveness and Sust... [46297-Views]
What's Your Juicy? essence Introduces the JUICY BOMB glossy butter balm [39659-Views]
Catrice Launches Invisible Cover Foundation: Where Comfort Meets Confidence in One Zone [34030-Views]
CSM Appoints Ian Mathie As Managing Director, Saudi Arabia [23481-Views]
Etihad airways and new York City FC announce Etihad Park [17429-Views]
Ministry of Finance Launches the Financial Sustainability Standards Guide for the Federal ... [15461-Views]
Response Plus Medical ambulance at NYU Abu Dhabi enhances emergency access to students [13764-Views]
Rasasi Perfumes brings ancient essence of oud to metaverse, launching first-ever virtual o... [13337-Views]
Masdar and Silk Road Fund Sign Co-investment Agreement for Renewable Energy Projects [12546-Views]
CASIO G-SHOCK G-STEEL GM-2110D and GM-700 Series: ultimate blend of style and durability f... [12107-Views]
Festive End-of-year Celebrations Are Back to Bawabat Al Sharq Mall [11546-Views]
An unmissable celebration awaits you on UAE National Day at Emirates Park Zoo & Resort. [10795-Views]
Vingroup Ushers in a New Era for Vietnam's Manufacturing: The VinFast Case Study [10369-Views]
Experience Abu Dhabi Unveils the Al Ain's Immersive New Brand Campaign [10012-Views]
Deerfields Mall presents Winter Adventures in the Garden Exciting activities, festive fun,... [9082-Views]
Glamour Gala: A Dazzling Success [9057-Views]
A new chapter for Emirati-Norwegian Collaboration: Dibber, Early Years Education Group, la... [8864-Views]
LEGO® Middle East and Mercedes-Benz go off-road at Dubai Design District to celebrate UAE'... [6433-Views]
Sharief Bhai biryani brand forays into UAE, new restaurant opens at BurJuman Dubai [5687-Views]
Clinique La Prairie Enhances Skin Rejuvenation in Revitalisation Programs through Strategi... [5646-Views]
Under the Patronage of Minister of Sports Dr. Ahmad Belhoul Al Falasi, Sport Impact Summit... [5527-Views]
Masdar Closes Deal to Acquire TERNA ENERGY [5113-Views]
UAE Enters Guinness World Record with the Longest Line of Sustainable Pizzas [5055-Views]
 
RSS Facebook Twitter LinkedDin DubaiPRNetwork.com on Instagram
 
Back to Section Home

Related Stories

 
Top Sections
 
Top Stories