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.