Hydro to Invest ?14.8 Million to Upgrade Recycling Capacity in Atessa, Italy.

Specifications:

Name:

Hydro to Invest ?14.8 Million to Upgrade Recycling Capacity in Atessa, Italy.

Location:

Atessa,Italy.

Company:

Hydro

Estimated Cost:

?14.8 million

Source:

https://www.hydro.com/

Introduction:

Hydro, a company specializing in aluminium and renewable energy, is set to invest EUR 14.8 million to enhance the recycling facilities at its extrusion plant in Atessa, Italy. This upgrade will allow the plant to produce Hydro CIRCAL, a brand of recycled aluminium.

Features:

This significant investment will boost the plant’s annual recycling capacity from 30,000 to 40,000 tonnes. Of this, 20,000 tonnes will consist of low-carbon aluminium, made from 75% post-consumer recycled scrap.

The funding will be used primarily to acquire state-of-the-art recycling technology, including a de-lacquering line, an additional furnace, and other facility improvements.

The availability of low-carbon, post-consumer recycled aluminium is crucial to the company’s continued growth and profitability. It serves as a key differentiator, with demand currently exceeding the company’s recycling capacity.

Additionally, the plant will implement the W2W (Window to Window) concept, a groundbreaking recycling initiative that transforms old aluminium windows into new ones through a fully traceable process.