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Speira commits €40 million to expand Rheinwerk aluminium recycling capacity

Speira commits €40 million to expand Rheinwerk aluminium recycling capacity

The leading European aluminium rolling and recycling company, Speira, has unveiled plans to invest €40 million in expanding its recycling capabilities at the Rheinwerk facility. This strategic investment aims to bolster the site's transformation efforts, with a projected annual reduction of up to 1.5 million tonnes of CO2 emissions.
The company has long been committed to driving sustainable practices and reducing its carbon footprint. With the direction clearly defined, Speira's investment marks a crucial step in the ongoing transformation of the Rheinwerk site, positioning it as a leading hub for environmentally responsible recycling operations.
Boris Kurth, Head of the can business at Speira and the recycling and foundry operations at the Rheinwerk, stated, "We want to become the number one in aluminium recycling in Europe."
"Over the past 20 years, we have already built furnaces with leading recycling capacity in Europe and Europe's most modern sorting plant for UBC scrap, substituting the highly energy-intensive primary production of aluminium. We are consistently pursuing this path and emphasising our commitment to the circular economy with the fourth recycling furnace at Rheinwerk."