Page 48 - Plastics News November 2022

IN THE NEWS

Novelis begins construction of $50m recycling centre in South Korea

content in our products.
“Doing so will reduce our carbon
footprint, as well as that of our cus-
tomers and industry as a whole, and
lead us closer to realising our 2050
goal for carbon neutrality.”
The new facility marks the latest in-
vestment for Novelis to increase its
recycling capacity globally.
The facility is being built by Ulsan Alu-
minium, the company’s joint venture
(JV) with Kobe Steel.
It is expected to be operational in
2024.
A ground-breaking ceremony for the
facility was attended by Ulsan Metro-
politan City Mayor Doo-Gyeom Kim
he new recycling centre in Ulsan In addition, the Ulsan recycling cen- and Ulsan Chamber of Commerce
Twill have an annual casting capaci- tre is designed to address the long- chairman Yeon-Chul Lee, among oth-
ty of 100kt of low-carbon sheet ingot. term global demand for sustainable, ers.
US-based aluminium packaging pro- low-carbon aluminium sheets for can, In South Korea, Novelis also operates
vider Novelis has commenced con- automotive and high-end speciality another aluminium recycling centre in
struction on a new recycling centre in products. Yeongju, North Gyeongsang Province.
South Korea. The centre is expected to cut Nov- The Yeongju facility, which is claimed
The $50m recycling centre in Ulsan, elis’ carbon emissions by more than to be the largest in Asia, processes
which will have a 100kt annual casting 420,000tpa. more than 18 billion used beverage
capacity of low-carbon sheet ingot, Novelis Asia president Sachin Satpute cans annually.
takes the company’s recycling capac- said: “As the world leader in sustain- Last month, Novelis started the con-
ity by more than 20% to 440kt in Ko- able, low-carbon rolled aluminium struction of a recycling and rolling
rea. solutions, we are focused on acceler- plant in Bay Minette, Alabama, US.
According to Novelis, the new facility ating the transition of the aluminium
will enhance its capability to process industry to a circular economy model
different types of aluminium scrap. through the increased use of recycled

The hidden treasure of plastic waste

gypt and other countries have fairs and the Technology and Industrial lenge into a lucrative opportunity.
Ebeen struggling with plastic waste Innovation Centre supervisor, told Al- Egypt’s entrepreneurs have embarked
for decades. The country’s consump- Ahram Weekly. The number rose to on efforts to recycle plastic waste
tion of plastic bags stood at an average 14 billion in 2019. into renewable wealth and convert
of 124 bags per capita in 2015, equiva- In a bid to boost the government’s ef- plastic into fuel and raw materials to
lent to 12 billion per year, according to forts to address this issue, a group of be utilised in various industries. This
the Egypt Plastic Technology Centre entrepreneurs has adopted a comple- new recycling industry has generated
of the Ministry of Trade and Industry, mentary approach, utilising technol- green job opportunities, prevented
Ahmed Reda, assistant for industry af- ogy and innovation to turn this chal- the waste of resources, and spared

48 PLASTICS NEWS November 2022