Speira Invests €11 Million to Enhance Low-Grade Aluminium Recycling

Investment in Advanced Recycling Technology
Speira, a leading German aluminium producer, has announced a substantial investment of approximately €11 million to install four new tiltable rotary furnaces at its facilities in Grevenbroich and Töging, Germany. This initiative aims to significantly enhance the company’s capabilities in recycling lower-grade aluminium scrap, which often presents challenges due to contamination and mixed materials. The new furnaces will incorporate advanced burner technology and automated charging systems, designed to optimize the metal yield while reducing carbon emissions associated with the recycling process. By focusing on heavily contaminated scrap and aluminium dross, Speira is committed to creating a more sustainable recycling solution.

Commitment to Comprehensive Recycling
Ralf Koring, Speira’s head of recycling services, emphasized the company’s strategic goal to maximize the recycling of all aluminium-containing materials, extending beyond just high-purity scrap. This comprehensive approach is critical as the industry increasingly seeks sustainable practices to address environmental challenges. The installation of the new furnaces will be executed in stages, with production at the Grevenbroich plant expected to commence in May 2024 and May 2026, while the Töging facility will see new production capabilities in October 2024 and October 2026. This phased rollout allows Speira to seamlessly integrate the new technology into its existing operations while maintaining production levels.

Expansion of Aluminium Processing Capacity
In addition to the new furnaces in Germany, Speira recently unveiled another significant investment: €35 million dedicated to a new furnace at its facility in Holmestrand, Norway. This new installation is set to increase the plant’s capacity by processing an additional 22,000 tonnes of aluminium scrap annually. The dual investments not only strengthen Speira’s recycling operations but also enhance its overall competitiveness in the global aluminium market. As demand for recycled materials grows, these upgrades position Speira to meet the needs of a circular economy more effectively.

Environmental Impact and Industry Position
Speira’s strategic investments reflect a broader commitment to environmental sustainability and resource efficiency within the aluminium sector. By focusing on advanced recycling technologies, the company aims to minimize waste and reduce its carbon footprint. The new facilities will allow Speira to adapt to evolving market demands while supporting the transition towards a greener, more sustainable future for the aluminium industry. As a result, Speira continues to reinforce its status as a responsible player in the market, dedicated to enhancing its environmental practices and operational efficiencies.