Constellium Invests in Automotive Aluminium Recycling Facility in Czech Republic
French aluminium product manufacturer, Constellium (NYSE and NYSE Euronext: CSTM) has finalised a €15 million investment in its site located in Decin, Czech Republic, that will enable it to deploy recycling technology. The company explained that the investment will further its strategy of boosting production capacity of high-volume specialty alloy products to supply primarily the European automotive market. Constellium supplies products in various tailored alloy dimensions and shapes for further machining by its customers. According to the company its extrusion line is running at full capacity in order to meet growing demand for ESP and ABS aluminium blocks, parts for automatic gear boxes and car suspensions among others. The new investment will include a new casthouse and extrusion line that is expected to increase production of hard alloys extrusions by almost 10,000 tonnes per year. “The facility will process and recycle aluminium scrap from Constellium’s key automotive customers in Europe,” explained Paul Warton, president of Constellium’s Automotive Structures and Industry business unit. Read More World’s Largest Aluminium Recycling Plant Produces First Full Size Ingot Novelis, has successfully cast the first production-sized ingot at its new facility Nachterstedt, Germany that will produce 400,000 tonnes per year of aluminium sheet ingot from recycled material. Boeing Report Pledges ‘Zero Growth’ in Solid and hazardous Waste Boeing has published its annual Environment Report in which said it had achieved zero growth in the amount of solid waste it sends to landfill. All Change in the Stainless Steel Recycling Market BIR Convention Told In a dramatic turnaround Europe will have a surplus of scrap stainless steel will need to export, while the U.S. market has moved in the opposite direction from surplus to shortage, heard delegates at the BIR Stainless Steel & Special Alloys Committee meeting, held in Miami. Huge 17.3 MW Landfill Gas to Energy Project Opened by Veolia in France French waste management Firm, Véolia Propreté has inaugurated a 17.3 MW landfill gas to energy facility in Plessis-Gassot, France - the largest in the country.