Novelis Completes Largest Aluminum Beverage Can Recycling Center in Asia Environmental Leader Novelis began the expansion of its aluminum rolling and recycling facilities in 2011 to meet the rising demand for flat rolled aluminum in high...
Novelis began the expansion of its aluminum rolling and recycling facilities in 2011 to meet the rising demand for flat rolled aluminum in high value-added products in the Asian market such as consumer electronics. The expansion includes a hot rolling finishing mill, cold rolling mill, pusher furnace, high-speed slitter and annealing furnaces, in addition to the previously commissioned fully-integrated recycling center at Yeongju.
The demand for aluminum in the Asian automotive market is expected to exceed the 25 percent compound annual growth rate projected globally over the next five years, as more auto manufacturers move to build lighter, more fuel-efficient vehicles. Novelis says its expansion in South Korea will help it meet this growing market.
Earlier this year Novelis announced the commercial availability of what it says is the industry’s first independently certified,high-recycled content aluminum designed specifically for the beverage can market. With a minimum of 90 percent recycled aluminum, the Novelis evercan aluminum beverage can body sheet allows beverage companies to deliver soft drinks, beer and other beverages in a low-carbon footprint consumer package, the company says.