ITALY; UNITED ARAB EMIRATES —Emirates Global Aluminium (EGA) has closed its purchase of an 80 percent interest in Eco Green, an Italian secondary metal processing business based in Verona. Following regulatory approvals, the transaction expands the UAE-based producer's secondary processing footprint across Europe and North America, bringing its operational global recycling capacity above 0.4 million tonnes per year, with an additional 0.2 million tonnes of capacity currently in development.
Emirates Global Aluminium (EGA) is the largest industrial company in the United Arab Emirates outside the oil and gas sector and ranks among the world’s foremost producers of premium aluminum. The acquired entity, Eco Green, operates scrap sorting, casting, and dross treatment facilities in northeast Italy, distributing over 0.07 million tonnes of material annually to more than 60 European clients through a network of 350 scrap suppliers.
The move aligns with long-term industrial shifts across Europe, where regulatory pressure and corporate decarbonization goals are driving heightened demand for low-carbon secondary metals. Industry forecasts project recycled material will supply nearly half of global aluminum consumption by 2040. Securing local collection networks and secondary casting assets positions primary producers to hedge against raw material supply volatility while reinforcing supply chain integration in key export markets.
For industrial consumers and downstream manufacturers in Western Europe, the consolidation of secondary smelters under major primary producers provides greater long-term supply stability for recycled alloys. The deal also accelerates regional capacity expansions, including a ongoing project in Italy scheduled for completion by late 2026 that will add 0.02 million tonnes of recycled capacity, alongside expanded scrap sorting and billet production operations across Germany and North America.
