Novelis Recycles 45 Percent of all Aluminum Cans Collected in North America
April 04 2007 - 10:00AM
PR Newswire (US)
Recycling That Works: Locally and Globally CLEVELAND, April 4
/PRNewswire-FirstCall/ -- Novelis Inc. has once again demonstrated
its recycling leadership in North America by recycling 24 billion
used beverage cans (UBCs) in 2006. Annually, Novelis recycles about
45 percent of all UBCs collected in the United States and Canada
through its recycling plants in Berea, Ky., Oswego, N.Y., and
Greensboro, Ga. The Berea plant is the world's largest facility
dedicated to UBC recycling. Recycling aluminum provides valuable
economic, environmental, and social benefits. Aluminum is
infinitely recyclable, meaning that the cans recycled by Novelis
are manufactured back into new can sheet in a closed-loop process
than can be repeated forever. On a global scale, Novelis recycled a
record 38 billion UBCs in 2006, which translates to more than
500,000 metric tons of aluminum. "Aluminum recycling is the
cornerstone of the Novelis commitment to sustainability," said
Kevin Greenawalt, President of Novelis North America. "Local
actions lead to global benefits. Each and every recycled can on a
local level has global impact by saving energy, reducing greenhouse
gas emissions, and conserving the earth's natural resources."
Aluminum produced from recycled cans only uses about five percent
of the energy required to produce the material from raw materials,
so it produces 95 percent less emissions such as greenhouse gasses
and conserves such natural resources as bauxite and water.
Recycling just one aluminum can saves enough energy to power a
television set for three hours. "Novelis has a long track record of
establishing and sponsoring UBC collection programs in the U.S. to
increase recycling rates and build local awareness that it pays to
recycle aluminum," explained Gary Wygant, Recycling Director. "Our
multi-faceted approach is through a number of high-profile
sponsorships such as "Cans for Cash - City Recycling Challenge" in
partnership with the U.S. Conference of Mayors and Keep America
Beautiful, Inc. We also sponsor the highly successful America
Recycles Day every November 15, as well as the Aluminum
Association's Cans for Habitat and Curbside Value Partnership
programs." As part of its continued commitment to sustainable
practices, Novelis North America also participates in the U.S.
Environmental Protection Agency's (EPA's) Climate Leaders Program.
Climate Leaders is an industry-government partnership that works
with companies to develop long-term greenhouse gas emission
reduction goals. As a member of the U.S. Aluminum Association,
Novelis supports the aluminum industry's leadership position in
U.S. climate change policy for environmental sustainability.
Novelis is the global leader in aluminum rolled products and
aluminum can recycling. The company operates in 11 countries, has
approximately 12,900 employees, and reported $9.8 billion in 2006
revenue. Novelis has the capability to provide its customers with a
regional supply of technologically sophisticated rolled aluminum
products throughout Asia, Europe, North America and South America.
Through its advanced production capabilities, the Company supplies
aluminum sheet and foil to the automotive and transportation,
beverage and food packaging, construction and industrial, and
printing markets. For more information, visit
http://www.novelis.com/. Statements made in this news release which
describe Novelis' intentions, expectations or predictions may be
forward-looking statements within the meaning of securities laws.
Examples of forward-looking statements in this news release
include, among other things, Novelis' expectation to receive
benefits from its aluminum recycling operations and procure similar
amounts of used beverage cans in the future. Novelis cautions that,
by their nature, forward-looking statements involve risk and
uncertainty. We do not intend, and we disclaim any obligation, to
update any forward-looking statements, whether as a result of new
information, future events or otherwise. Important risk factors
which could impact the success of Novelis' recycling are included
under the caption "Risk Factors" in our Annual Report on Form 10-K
for the year ended December 31, 2006, as filed with the SEC, and
are specifically incorporated by reference into this news release.
DATASOURCE: Novelis Inc. CONTACT: Pat Persico for Novelis Inc.,
+1-440-423-6522, Web site: http://www.novelis.com/
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