Abengoa signs an agreement with Novelis to manage all drosses from the plant that the North American company is building in Nachterstedt, Germany

Tue Apr 9, 2013 11:56am EDT

* Reuters is not responsible for the content in this press release.

For best results when printing this announcement, please click on the link
below:

http://pdf.reuters.com/pdfnews/pdfnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20130409:nPnNY91369

- Abengoa will manage the aluminum residues at the new facility that it will
build in the town of Bernburg, in the east of the country, and which will
involve an investment of approximately €30 million.
SEVILLE, Spain,  April 9, 2013  /PRNewswire/ -- Abengoa, an international
company that applies innovative technological solutions for sustainable
development in the energy and environment sectors, through its industrial waste
recycling division, Befesa, has signed an agreement with Novelis, specialized in
the production of flat aluminum products, to manage all of the aluminum drosses
from the recycling plant that the North American company is building in
Nachterstedt,  Germany.

Therefore, Abengoa is going to build an aluminum recycling plant in the town of
Bernburg, in the region of Saxony-Anhalt in the east of the country, which will
involve an investment of approximately €30 million.

The new Abengoa facility will produce 50,000 tons of aluminum casting alloys
and, in addition, by recovering the aluminum, will manage all of the drosses
from the largest recycling plant in the world that Novelis is building in
Nachterstedt. Then it will return the recovered aluminum to Novelis, so that
they can reuse it for laminated products.

In addition to the significant investment and technological development that it
means for the area, it is estimated that the new German aluminum waste recycling
plant will create around 65 jobs between the direct and indirect jobs involved
in this activity.

The new Abengoa plant will also bring significant environmental benefits. The
facilities will be designed and operated using the safest and most sustainable
technology for recycling aluminum. In addition, it will include the latest
industry-related technological developments leading to the highest standards of
productivity in the industry.

When the plant is put into operation in the first quarter of 2014, Abengoa will
have nine recycling plants in  Europe. The total processing capacity will be 1
million tons of aluminum waste (about 400,000 tons of scrap, slag and aluminum
chips, and 600,000 tons of salt slag).

With this new project, Abengoa will become the leading company in integrated
aluminum waste recycling in  Germany  and will reinforce its position as the
European leader in this sector. In this way, Abengoa will consolidate its growth
model based on the know-how and sustainability of its processes, offering
technologically innovative solutions tailored to the needs of its customers and
suppliers.

AboutAbengoa

Abengoa (MCE: ABG) is an international company that applies innovative
technological solutions for sustainable development in the sectors of energy and
the environment, by generating electricity from the sun, producing biofuels,
desalinating sea water or recycling industrial waste. (www.abengoa.com)

 Communications department:          Relationship with investors  
 
Patricia Malo de Molina Melendez   
Barbara Zubiria Furest      
 
Tel. +34 954 93 71 11              
Tel. +34 954 937 111        
 
E-mail: communication@abengoa.com  
E-mail: ir@abengoa.com      


You can also follow us on  Twitter,  LinkedIn, and on our  blog.  

SOURCE  Abengoa

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.