Money and business

Emirates Aluminum completes the expansion of the American Spectro

Emirates Global Aluminum Company announced yesterday the completion of the construction phase of the expansion project of its subsidiary specialized in aluminum recycling, the American Spectro Alloys.

It stated in a statement that the expansion project contributes to increasing the production of recycled aluminum by 55 thousand tons annually in the first phase, noting that production is expected to begin at the beginning of the second half of 2025, and to reach full production capacity in the first quarter of 2026.

Emirates Global Aluminum acquired an 80% stake in Spectro Alloys in September 2024, and the acquisition contributed to accelerating the pace of the company’s plan to expand in the field of aluminum recycling globally, and to strengthen its business in the United States, which is one of the largest… Emirates global aluminum markets in the world.

Spectro Alloys is one of the leading companies in the production of secondary aluminum, and is headquartered in Rosemount, Minnesota. The company produces about 110,000 tons of aluminum alloys annually, and the company has begun an expansion project in the year 2024.

The CEO of Emirates Global Aluminum, Abdul Nasser Bin Kalban, said: “The completion of the construction phase represents a significant achievement for the expansion project, which aims to increase Spectro Alloys’ production of recycled aluminum, and an important step within the framework of our ambitious plan to enhance Emirates Global Aluminium’s business.” ) in aluminum recycling in the United States, which is one of the largest global markets for our company.

For his part, Spectro Alloys President, Luke Ballen, said: “This increase in our production capacity and capabilities will enhance Spectro Alloys’ strong role in accelerating the pace of recycling in the state of Minnesota, meeting the requirements of manufacturing companies that adhere to sustainability standards, and supporting the economy.” The ring.”

Related Articles

Back to top button