Alcoa to Supply Low-Carbon ECOLUM™ to Customer in Support of Supply Chain Sustainability
July 22 2020 - 6:30AM
Business Wire
Alcoa Corporation announced today that it has reached an
agreement to supply ECOLUM™ rolling slabs to Gränges, a leading
producer of rolled aluminum products for heat exchanger
applications and other targeted markets.
ECOLUM™ is part of Alcoa’s SUSTANA™ line of low-carbon products
that support supply chain sustainability. Gränges has a long-term
target to reduce the intensity of carbon emissions across its
entire supply chain.
“Gränges is committed to reducing our climate impact from a
life-cycle perspective, and thereby enhancing our sustainability
performance,” said Sofia Hedevåg, Gränges’ SVP Sustainability. “One
of the key priorities in our climate strategy is to collaborate
along the value chain and increase the sourcing and use of recycled
aluminum and low-carbon primary aluminum since such materials
significantly reduce our products’ carbon footprint.”
Alcoa’s ECOLUM™ cast products are produced at
hydroelectric-powered aluminum smelters and guarantee no more than
2.5 metric tons of carbon dioxide smelter emissions per metric ton
of aluminum. This is 75 percent better than the industry
average.
When also considering the upstream emissions from bauxite mining
and refining, ECOLUM™ guarantees less than 4.0 metric tons of total
carbon dioxide equivalents, per metric ton of aluminum.
“Our industry-leading performance provides a distinct advantage
in offering low-carbon aluminum products to our customers,” said
Tim Reyes, Alcoa’s Executive Vice President and Chief Commercial
Officer. “Alcoa controls its entire aluminum value chain, beginning
with sustainable bauxite mining and an alumina refining system that
has the lowest carbon dioxide emissions of any producer – all
supplying a smelting system predominately powered with
hydroelectric energy.”
Reyes continued: “There is a growing demand for
sustainably-produced materials, with customers acknowledging that
it is worth paying extra for these attributes. With our SUSTANA™
line of products and certifications from the Aluminium Stewardship
Initiative, we are able to support the demand for sustainably
produced metal.”
ECOLUM™ greenhouse gas (GHG) emission and energy consumption
numbers are verified by a third party and disclosed in
Environmental Product Declaration, or EPD. To learn more, visit
www.alcoa.com.
About Alcoa Corp.
Alcoa (NYSE: AA) is a global industry leader in bauxite, alumina
and aluminum products, with a strong portfolio of value-added cast
and rolled products and substantial energy assets. Alcoa is built
on a foundation of strong values and operating excellence dating
back nearly 130 years to the world-changing discovery that made
aluminum an affordable and vital part of modern life. Since
inventing the aluminum industry, and throughout our history, our
talented Alcoans have followed on with breakthrough innovations and
best practices that have led to efficiency, safety, sustainability
and stronger communities wherever we operate. Visit us online on
www.alcoa.com, follow @Alcoa on Twitter and on Facebook at
www.facebook.com/Alcoa.
Dissemination of Company Information
Alcoa Corporation intends to make future announcements regarding
company developments and financial performance through its website
at www.alcoa.com as well as through press releases, filings with
the Securities and Exchange Commission, conference calls and
webcasts. Alcoa does not incorporate the information contained on,
or accessible through, its corporate website into this press
release.
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Investor Contact James Dwyer 412-992-5450
James.Dwyer@alcoa.com
Media Contact Jim Beck 412-315-2909 Jim.Beck@alcoa.com
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