Speira Boosts Low-Grade Aluminium Recycling with New Investment

German aluminium producer Speira is investing approximately €11 million in four new tiltable rotary furnaces at its Grevenbroich and Töging plants in Germany to enhance the recycling of lower-grade aluminium scrap. This investment includes advanced burner technology and automated charging systems to increase metal yield and reduce carbon emissions. The new furnaces will be capable of recycling heavily contaminated scrap and aluminium dross, contributing to a more sustainable recycling process.

Ralf Koring, Speira’s head of recycling services, emphasized the company’s commitment to maximizing the recycling of all aluminium-containing materials, not just pure scraps. The furnaces will be delivered and installed in stages, with the Grevenbroich furnaces starting production in May 2024 and May 2026, and the Töging furnaces in October 2024 and October 2026.

Earlier this month, Speira announced a €35 million investment in a new furnace at its facility in Holmestrand, Norway, to process an additional 22,000 tonnes of aluminium scrap annually.

Germany’s Speira Invests $38.8 Million in Cutting-Edge Furnace in Norway

Speira

Speira, a prominent Germany-based aluminium producer, has unveiled plans for a substantial investment of 414 million kroner ($38.8 million) in a sophisticated new furnace at its rolling and recycling facility in Holmestrand, Norway.

Upon the anticipated completion in 2026, this innovative furnace will significantly enhance the Holmestrand plant’s capacity, enabling it to process an additional 22,000 tonnes of aluminium scrap annually. Consequently, approximately half of the plant's production will derive from recycled materials, leading to a notable reduction in its carbon footprint by an estimated 150,000 tonnes of CO2 per year.

This strategic investment follows closely on the heels of Speira’s recent €40 million investment in a new recycling furnace and the modernization of an existing casting plant at its Rheinwerk facility in Neuss, Germany.

"Securing our competitive future necessitates continuous investment in state-of-the-art equipment," remarked Jon Gaasholt, manager of the Holmestrand plant. "The new furnace will solidify our position as a premier provider of rolled and recycled aluminium products."