Innovative Aluminium Recycling Partnership to Boost Sustainability
Partnership Announcement
Constellium is excited to unveil a groundbreaking partnership with Tesem, a prominent name in luxury packaging. This collaboration aims to spearhead enhanced sustainability efforts in aluminium production through an initiative referred to as 'Closing the Loop.' By teaming up, Constellium once again demonstrates its commitment to minimizing environmental impact while advancing practices in the circular economy.
Creating a Closed-Loop System
In this strategic alliance, both companies will unite resources and expertise to establish a closed-loop recycling system dedicated to high-purity aluminium. Tesem has made significant investments to enhance its operations, ensuring that the process of cleaning and preparing aluminium scrap is both efficient and effective. Their joint research and development (R&D) teams have worked tirelessly to ensure that the scrap meets the rigorous quality standards necessary for the project, while also adjusting casting parameters to accommodate greater levels of recycled material.
The Benefits of Recycling Aluminium
This innovative strategy will allow Constellium to deliver aluminium coils to Tesem that possess a notably reduced carbon footprint. It's remarkable to note that recycling aluminium generates 95% less greenhouse gas emissions compared to producing it from primary materials. This fact highlights the importance of such initiatives for both the industry and the environment.
Voices from Leadership
Patrick Broom, Constellium's Director of Sales & Marketing Specialties, expressed enthusiasm about the partnership, stating, "The 'Closing the Loop' project exemplifies how strategic collaboration can foster innovation and sustainability within the luxury cosmetic packaging sector." This sentiment was echoed by Guillem Serrat, the General Manager of Tesem, who noted, "We take pride in collaborating with Constellium to forge a sustainable future through our closed-loop recycling system. This partnership not only propels our environmental objectives forward but also enhances the quality and sustainability of our products."
High-Quality Aluminium Supply
Constellium is supplying Tesem with exceptionally specialized aluminium surfaces sourced from its rolling mill based in Singen, Germany. This region is known for producing top-notch aluminium, which will play a vital role in the collaborative efforts to enhance sustainable packaging.
About Constellium
Constellium (NYSE: CSTM) stands as a leader in the aluminium industry, specializing in the development of innovative, high-value aluminium products that cater to diverse markets and applications ranging from aerospace and automotive to packaging. The company reported €7.2 billion in revenue, demonstrating its strong market presence and commitment to sustainability.
Frequently Asked Questions
What is the 'Closing the Loop' initiative?
The 'Closing the Loop' initiative is a project by Constellium and Tesem aimed at creating a closed-loop recycling system for high-purity aluminium.
How does this partnership benefit the environment?
This collaboration significantly reduces the carbon footprint associated with aluminium production by increasing the use of recycled materials, resulting in lower greenhouse gas emissions.
What types of products will be affected by this partnership?
The partnership primarily impacts luxury cosmetic packaging, providing sustainable solutions in this niche market.
Where does Constellium source its aluminium?
Constellium supplies Tesem with high-quality aluminium surfaces from its rolling mill located in Singen, Germany.
What markets does Constellium operate in?
Constellium operates across multiple markets, including aerospace, automotive, and packaging, developing innovative aluminium solutions for each sector.
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