Novelis, the world’s largest recycler of aluminum and leading supplier of flat-rolled, low-carbon aluminum products, has entered into a strategic 3-year agreement with TSR Recycling GmbH & Co. KG. The contract strengthens the long-standing partnership between Novelis and TSR, ensuring a reliable supply of raw materials made from presorted and processed end-of-life aluminum products of approximately 75,000 tons to be fed into Novelis’ production of low-carbon aluminum sheet for the automotive sector.
This strategic agreement directly supports the rising market demand for high-recycled-content aluminum.聽Availability of end-of-life material is crucial as Novelis is constantly developing innovative solutions with its automotive customers to absorb more pre- and post-consumer scrap into new, high-recycled-content automotive aluminum alloys.
Both Novelis and TSR are market leaders in different areas of the aluminum recycling chain, and by joining forces truly accelerate the shift towards a circular economy and聽thereby foster the decarbonization of the aluminum industry 鈥� in Europe and beyond.
“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,” said Emilio Braghi, Executive Vice President, Novelis Inc., and President, 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% recycled content across our products.”
“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,” commented Denis Reuter, COO TSR Group. “Ensuring that valuable resources are reused and repurposed benefits both our businesses and the planet.聽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.”