Novelis establishes a closed-circuit recycling system for automotive Aluminum in China
Introduction: On October 28, Novelis signed an agreement with Zhenjiang City, Jiangsu Province to invest USD 375 million in the expansion of its Zhenjiang plant’s aluminum rolling and recycling capacity, and will establish the first closed-circuit recycling system for automotive aluminum in China. Sustainable development of transportation.
On October 28, Novelis signed an agreement with Zhenjiang City, Jiangsu Province to invest USD 375 million in the expansion of its Zhenjiang plant’s aluminum rolling and recycling capacity, and will establish the first closed-circuit recycling system for automotive aluminum in China. Sustainable development of transportation. Zhenjiang Jingkou District Party Committee Deputy Secretary and District Mayor Jia Jingyuan, Zhenjiang Jingkou Economic Development Zone Party Working Committee Deputy Secretary and Management Committee Director Fang Linhong, Novelis China Managing Director and Novelis Asia Automotive Vice President Liu Qing signed the agreement as representatives of both parties. Xu Shenfeng, Secretary of the Jingkou District Committee of Zhenjiang City, Jiangsu Province, Min Jia, Deputy District Mayor, and Wei Xiaoxi, Secretary of the Party Working Committee of Jingkou Economic Development Zone attended and witnessed the signing ceremony.
Novelis is the world’s largest automotive aluminum sheet supplier. The official signing of this agreement indicates that Novelis Zhenjiang Plant has the ability to better serve the Asian automotive market with lightweight and sustainable aluminum products. The agreement includes an investment of US$375 million to expand the hot-rolling production line, add a new cold-rolling mill, and establish the first closed-circuit recycling system for automotive aluminum in China. Bellis’s Chinese automotive customers create an integrated solution from coil production, heat treatment and closed-circuit circulation. In addition to automotive aluminum products, Novelis’ Zhenjiang plant will also continue to supply customers in aerospace and other industries.
Xu Shenfeng said: “The high-performance aluminum material industry in Zhenjiang Jingkou Economic Development Zone has exceeded 10 billion yuan. As a major project in Jiangsu Province, Novelis’ investment and expansion will become a new engine to ignite the strong industrial area and further build Zhenjiang Hyundai. An industrial highland, a strong economic development advantage. The establishment of the first closed-circuit recycling system for automotive aluminum in China will also contribute to China’s goal of achieving a carbon peak by 2030 and carbon neutrality by 2060. .”
Liu Qing said: “In recent years, the demand for lightweight green aluminum solutions in the Chinese automotive industry has increased day by day. The advantages of lightweight and recyclable materials have promoted the application of aluminum in automotive lightweighting, and empowered global and local customers and business partners to develop towards high quality.”
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