Novelis and TSR Recycling aim to advance aluminum industry circularity with new contract
TSR Recycling will provide Novelis with approximately 75,000 tonnes of presorted end-of-life material to be processed into low-carbon aluminum sheet for the auto sector
Novelis, a supplier of flat-rolled, low-carbon aluminum products, has signed a three-year agreement with TSR Recycling. The contract strengthens the long-standing partnership between Novelis and TSR, and aims to ensure a reliable supply of approximately 75,000 tonnes of presorted and processed end-of-life aluminum products for Novelis' production of low-carbon aluminum sheet for the automotive sector.
"We are very proud to publicly demonstrate our strong partnership with TSR, and to sustainably drive the circularity of our industry through this long-term commitment," says Emilio Braghi, executive vice president of Novelis Inc., and president of Novelis Europe. "This is an important alliance to secure the supply of high-quality processed raw materials to meet our customers' sustainability targets, as well as advancing on our own 2030 journey toward 75 percent recycled content across our products."
Supporting the rising demand for high-recycled-content aluminum
This strategic agreement directly supports the rising market demand for high-recycled-content aluminum. Availability of end-of-life material is important to Novelis, which is developing new processes with its automotive customers to absorb more pre- and post-consumer scrap into high-recycled-content automotive aluminum alloys.
"At TSR, we are excited to deepen our collaboration with Novelis based on our joint purpose to maximize circularity and decrease carbon emissions, conserve natural resources, and reduce energy of the material industries," says Denis Reuter, COO of TSR Group. "Ensuring that valuable resources are reused and repurposed benefits both our businesses and the planet. By working together, we can lead the transition toward a circular economy for the automotive sector and beyond. We are proud that, thanks to our innovative Europe-wide processing lines, we can contribute to this effort."