US-based aluminium producer Alcoa will merge its used beverage container (UBC) procurement group Evermore Recycling with its aluminium scrap purchasing group to create a single organisation called Alcoa Recycling.
Alcoa metal management director Michael Boyle said that consolidating the segments enables the company to leverage its strengths in a singular, focused manner.
"The vast majority of our partners in the marketplace have the capability to supply both scrap and UBCs to Alcoa for recycling. This new organisation will now interface with the market as one entity," Boyle added.
Alcoa Recycling will be engaged in building closed-loop recycling programmes and implementing supply chain efforts with suppliers in a bid to increase aluminium recycling capacity. In the future, Alcoa Recycling will work with Alcoa businesses to further drive these efforts.
Alcoa recycled around 1.4 billion pounds of external aluminium across its UBCs and aluminium scrap groups in 2012.