Korea s environmental regulations and public awareness are still seen as insufficient to increase the recycling of used beverage cans into new aluminum cans, according to the Asia-Pacific business head of Novelis, a global producer of rolled aluminum and recycler of aluminum cans.
Novelis, the world s leading company in aluminum rolling and recycling, broke ground on a $53 million aluminum recycling center in Ulsan, Monday, with the aim of reducing its carbon emissions by more than 420,000 tons annually through the new facility to produce 100,000 tons of low-carbon sheet ingot annually.