The Ulsan plant in South Korea
Foto: Novelis
Novelis has broken ground on a new recycling centre at the Ulsan plant in South Korea

Company

Novelis breaks ground on recycling centre in South Korea

Novelis has broken ground on a new USD50m recycling centre with an annual casting capacity of 100,000 t of low-carbon sheet ingot.

The recycling centre, being built by Ulsan Aluminium, Novelis’ joint venture with Kobe Steel. The facility is expected to come online in 2024 and is expected to reduce Novelis’ carbon emissions by more than 420,000 tpy. 

A further step to carbon neutrality for Novelis in 2050

“As the world leader in sustainable, low-carbon rolled aluminium solutions, we are focused on accelerating the transition of the aluminium industry to a circular economy model through the increased use of recycled content in our products,” said Sachin Satpute, president of Novelis Asia. “Doing so will reduce our carbon footprint – as well as that of our customers and industry as a whole – and lead us closer to realizing our 2050 goal for carbon neutrality.”  

Novelis to increase its recycling capacity by more than 20% 

Novelis, which operates Asia’s largest aluminium recycling centre in Yeongju, NorthGyeongsang Province, is building the new recycling centre to meet the long-term global demand for sustainable, low-carbon aluminium sheet for can, automotive and high-end specialty products. The addition of Ulsan Recycling Centre will allow Novelis to increase its recycling capacity by more than 20% to 440,000 t in Korea and to enhance its capability to process different types of aluminium scrap. This is the latest in a string of Novelis' recent investments to increase its recycling capacity globally.