Recently, Novelis stressed its commitment to contribute to sustainable transportation in the future at the Volvo car Sustainable Development Dialogue held in Gothenburg, Sweden, and emphasized the aluminum closed-loop recycling system implemented with Volvo cars in 2019.

 

Through the closed-loop system, the two companies work together to recover Volvo's production waste, which greatly saves carbon dioxide and minimizes raw aluminum investment. In this way, it can save 78% of the carbon dioxide in the production of Volvo's aluminum chain, and ensure that the same amount of carbon dioxide can be saved in the production of Volvo's aluminum chain.

This cooperation reflects the long-term cooperation between the two companies, which takes sustainable development as the core of their business and focuses on the implementation of sustainable manufacturing process along the value chain.

 

"We are very proud of the closed-loop recycling system introduced by Volvo cars. As a global leader in aluminum recycling, Novelis has created the world's largest closed-loop automotive recycling system. In this way, we reduce our dependence on primary aluminum and create a more efficient and sustainable business model for us and our customers. " Michael hahne, vice president of Novelis's European automotive business.

 

Novelis has made significant progress in increasing the use of recycled aluminum, thereby minimizing the use of natural resources and reducing CO2 emissions across the value chain, from 33% in FY2010 to 61% in fy2019. Novelis will not only continue to develop recyclable aluminum solutions, but also utilize more and more recyclable aluminum resources from end-of-life vehicles.