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New State-of-the-Art Equipment a Key Strategic Investment for the
Infinitely Recyclable Aluminum Can
ALCOA, Tenn.--(BUSINESS WIRE)--Alcoa (NYSE:AA) today dedicated a $24 million expansion of aluminum can
recycling capacity at the Company’s Tennessee Operations which will
increase recycling capability by nearly 50 percent and help secure more
than 100 jobs at the facility.
“The aluminum can is the world’s most efficient package, largely because
it can be recycled infinitely,” said Klaus Kleinfeld, President and CEO
of Alcoa. “Today we are celebrating the successful completion of our
expansion and another milestone in our drive to help increase recycling
rates across North America. This investment is an example of our
commitment to increasing recycling as well as to helping secure jobs
here in the Tennessee community.
“In the U.S. alone, more than 46 billion cans were put into landfills
last year,” said Kleinfeld. “If we could instead recycle about half of
those lost cans, we could achieve our goal of a 75 percent recycling
rate and save the emissions of two coal-fired power plants.”
Kleinfeld was joined by Helmut Wieser, Alcoa Executive Vice President
and President of Alcoa Global Rolled Products; and Kevin Anton, Vice
President of Global Primary Products Finance and Strategy.
The new Tennessee Operations Can Reclamation facility includes a new
crusher and delacquering furnace and supporting building enclosures,
utilities and environmental systems. These improvements will help
increase capacity using state-of-the-art environmental and
fuel-efficient technology as well as support future flexibility to
process other scrap types.
Recycling an aluminum can saves 95 percent of the energy it takes to
make a can from new metal. A used beverage container can be recycled and
back on the shelf in 60 days, something no other beverage package can do.
In 2009, Alcoa announced a commitment to work toward increasing
recycling rates in North America to 75 percent by 2015. Increasing
recycling capacity is part of the overall strategy to drive recycling
rates.
“Today Americans recycle about 54 percent of all beverage cans produced
in North America,” Kleinfeld said. “If everyone would recycle one more
can a week, we can reach our 75 percent goal.”
Note to Editors: High resolution photos of the event are available on www.alcoa.com
under News Releases.
About Alcoa
Alcoa is the world’s leading producer of primary aluminum, fabricated
aluminum and 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 eight consecutive years and approximately
75 percent of all of the aluminum ever produced since 1888 is still in
active use today. Alcoa employs approximately 59,000 people in 31
countries across the world. More information can be found at www.alcoa.com.
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