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Alcoa Now Sole Owner of Evermore Recycling, The World Leader in Beverage Can Recycling
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) today announced it has taken full control of Evermore
Recycling, the undisputed leader in used beverage can (UBC) recycling,
and is now operating as a wholly-owned entity of Alcoa. Alcoa and
Novelis previously were partners in the joint venture which purchases
more recycled cans than any other group anywhere in the world; Alcoa
agreed in July to take full control of Evermore at the end of August.
Alcoa’s Evermore Recycling is now a part of Alcoa’s Global Packaging
group and will continue to be based in Nashville, TN.
“We are very pleased to have Alcoa’s Evermore Recycling as a
wholly-owned part of our business as they are known throughout the world
for their strong and committed relationships across the recycling supply
chain,” said Andrey Donets, President of Alcoa Global Packaging. “We
practically invented the concept of recycling aluminum and have been
leaders in pioneering within the industry -- we see our strong
relationships growing even stronger as we move into this new chapter,”
Alcoa’s Evermore Territory managers will continue to work with UBC
suppliers throughout North America and beyond through these regional
Mexico will be serviced by Kirk, Mulder and Tinoco. John Woehlke will
continue to serve as General Manager of Alcoa’s Evermore Recycling.
The aluminum can is the most sustainable package in the world and is
easily the most recycled container across the globe. Aluminum cans are
recycled into new cans in less than 60 days and require 95 percent less
energy than cans using primary metal – a cycle that can be repeated
infinitely. Approximately 75 percent of all the aluminum ever produced
since 1888 is still in use today.
Alcoa is the world’s leading producer of primary and fabricated
aluminum, as well as the world’s largest miner of bauxite and refiner of
alumina. In addition to inventing the modern-day aluminum industry,
Alcoa innovation has been behind major milestones in the aerospace,
automotive, packaging, building and construction, commercial
transportation, consumer electronics and industrial markets over the
past 120 years. Among the solutions Alcoa markets are flat-rolled
products, hard alloy extrusions, and forgings, as well as Alcoa® wheels,
fastening systems, precision and investment castings, and building
systems in addition to its expertise in other light metals such as
titanium and nickel-based super alloys. Sustainability is an integral
part of Alcoa’s operating practices and the product design and
engineering it provides to customers. Alcoa has been a member of the Dow
Jones Sustainability Index for 10 consecutive years and approximately 75
percent of all of the aluminum ever produced since 1888 is still in
active use today. Alcoa employs approximately 61,000 people in 31
countries across the world. More information can be found at www.alcoa.com.