Alro invests $53 mln in increasing energy and equipment efficiency

Alro, the largest aluminium producer in Continental Europe (excluding Russia and Scandinavia) has an investment program of over USD 53 million, for 2016, focused on increasing energy and equipment efficiency and on expanding portfolio, increasing competitiveness and product quality.

The general manager of Alro, Gheorghe Dobra, said: “Alro has a constant strategy for reducing energy consumption, in order to preserve the operational efficiency on a highly competitive international market.”

“The investments we have made, both in equipment and in research and development have enabled us to achieve one of the highest levels of energy efficiency in the aluminium industry.”

The investment program for 2016 includes the increase of scrap processing capacity of Eco Cast House, such as to reach a capacity of 90,000 tons per year. Moreover, the company invests in increasing the energy efficiency of the existing processes. The measures, part of Alro’s energy efficiency plan, were agreed with the accredited energy efficiency auditor and notified to the competent authorities.

The company has built a new station, Eco Cast House in order to provide some of the liquid aluminium from alternative sources, partially replacing the aluminium produced by electrolysis, process that requires a significant consumption of electricity.

In the first quarter of this year, Alro registered an adjusted net profit of RON 41 million, compared to RON 23 million in the similar period of 2015. The company’s turnover was of RON 564 million, from RON 598 million in the similar period of 2015.

Besides the energy efficiency investment, in 2016 Alro continues to invest in expanding the client portfolio by increasing the production capacity of the processed Aluminium Division formed of heat treated plates and cladded products and also by ensuring the continuity and safety of the operations of the company.

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