GFG Alliance Announces Creation of Low Carbon...

News Round Up

February 202063METALWORLD

GFG Alliance Announces Creationof Low Carbon Aluminium

head of his attendance at Athe Choose France summit,

Sanjeev Gupta, Executive Chairman

of GFG Alliance, announced the

creation of a new global low carbon

aluminium champion.

The move follows the

consolidation of the GFG Alliance’s

steel businesses into a single global

entity, Liberty Steel Group, in

October last year. The new

aluminium group, to be known as

Alvance Aluminium Group, will be

headquartered in Paris and will

bring together all of GFG Alliance’s

assets across the aluminium supply

chain, from raw materials through

to finished components, to drive

synergies that will help the business

meet ever increasing market

challenges and take full advantage

of opportunities to expand.

Alvance will be the first GFG

Alliance global vertical to be

headquartered outside of its

international headquarters in

London and will initially group

together the GFG Alliance’s existing

high-value upstream aluminium

production activities in the UK and

France together with its French

engineering businesses.

Alvancehas an experienced

multinational management team

and is in the process of appointing a

Board of Directors to oversee the

highest standards of corporate

governance.

Gupta has also revealed that he

is extending GFG Alliance’s carbon

neutral 2030 (CN30) programme to

Alvance. Liberty announced a

commitment to make its Liberty

steel business carbon neutral by

2030 in October 2019.Alvance will

now share this CN30 target, with the

aim of setting Alvance on course to

become the new standard bearer

for sustainable aluminium

production, Green Aluminium.

Alvance’s portfolio includes

Europe’s largest aluminium smelter

Alvance Aluminium Dunkerque, the

UK’s only remaining aluminium

smelter at Fort William, Scotland,

Alvance Wheels, France’s only

manufacturer of aluminium wheels

in Chateauroux and engine cast part

producers Alvance Aluminium

Technologies Poitou and Alvance

Cast Products Poitou.

Alvance has also conditionally

agreed to acquire Belgium’s Duffel

aluminium rolling facilities and is

participating in an approval process

with the European Commission’s

competition team.

Shanghai Shenhuo

Aluminium Foil Co

Ltd has achieved

Certification to the ASI

Chain of Custody for its

facility in Shanghai in

China. The certification

covers the manufacture of

aluminium and aluminium

alloy foils.

The ASI CoC Standard sets out requirements for the

creation of a Chain of Custody for material that is

produced and processed through the value chain into

diverse downstream sectors. The implementation of

ASI’s CoC Standard links verified practices at successive

ASI Certifies Shanghai Shenhuo Aluminium steps of the supply chain,

certified under the ASI

Performance Standard to

the products produced by

ASI Certified Entities.

The ASI Certification

programme was developed

through an extensive multi-

stakeholder consultation

process and is the only

comprehensive voluntary sustainability standard

initiative for the aluminium value chain. The

independent, third-party audit of the Shanghai Shenhuo

Aluminium Foil Co Ltd’s facilities was carried out by

DNV GL.