π Tender Overview
Scope of Work:
To Build 150,000 tonnes per year Aluminium Recycling Facility in UAE.
Description:
EGA intends to market recycled aluminium under the product name EternAL. The facility will process post-consumer aluminium scrap such as used window frames, as well as preconsumer aluminium scrap from extrusion production, into low-carbon, high quality aluminium billets. Aluminium scrap for the recycling facility will mainly be sourced from the UAE and the wider region. More than half the aluminium scrap generated in the GCC is currently either disposed of or exported.
Production of aluminium through recycling requires a fraction of the energy consumed to produce new primary aluminium, with significantly lower greenhouse gas emissions per tonne of production as a result. The International Aluminium Institute forecasts that recycled aluminium will account for up to 60 percent of global aluminium supply by 2050. End users of aluminium β from auto manufacturers to beverage makers β are increasingly committing to net zero in response to the expectations of society. This, first recycling facility at EGA to produce EternAL, is one of the steps we plan to take to provide low carbon metal for customers around the world.
This facility will also strengthen EGAβs position as global leader in billet production, growing capacity from some 1.15 million tonnes per year to some 1.3 million tonnes amid ever-increasing demand from customers for this value-added product. And at home in the UAE, it will enable EGA to make a further contribution to both the achievement of Operation 300bn and the success of the InCountry Value programme, creating opportunities in construction and through the replacement of some imported raw materials with recyclable resources already in the UAE.
Aluminium is light, strong, durable, electrically and thermally conductive, formable and infinitely recyclable. These qualities make it ideal for applications from electric vehicles to windfarms to mass transit systems that are essential to reach net zero while improving living standards. The International Aluminium Institute forecasts that global aluminium demand will rise by 50 to 80 percent by 2050 driven by global commitments to reduce emissions while furthering economic growth.