Close Menu
TheKhaleejPost
    What's Hot
    News

    UNIVERSITY Esports presents its 2024/25 season: new gaming experiences for Emirates college students

    Business

    “Tawazun” To Strengthen Global Presence and Deepens Strategic Partnerships at Defence Services Asia In Malaysia

    Business

    Fertiglobe completes acquisition of Wengfu Australia’s distribution assets

    Important Pages:
    • Home
    • Privacy Policy
    • Terms & Conditions
    Facebook X (Twitter) Instagram Pinterest
    Facebook X (Twitter) Instagram Pinterest
    TheKhaleejPost
    • Home
    • Technology

      Wonder Kids and NADA Host International Mental Arithmetic, English Spelling and Mathematics 2026 Competition in Thailand

      SBC Summit Gives Delegates Direct Access to Regulators Through New Regulatory Gaming Meetups

      From Play-to-Earn to Player Ownership: GameChain Collective Drives the Next Gaming Evolution

      CNTXT AI Acquires Actualize to Strengthen Arabic Voice AI for Enterprise and Government Across the GCC

      SBC Summit unveils new pass structure alongside standalone Affiliate Leaders Summit access

    • Business

      President of Senegal Receives HE Al Zeyoudi in Dakar to Discuss Expanding Trade and Investment Partnership

      UAQ Free Zone and Port City Colombo Sign Agreement to Promote Investment

      Environment Agency – Abu Dhabi partners with Japan’s Suwa Falconry Preservation Society to preserve a shared falconry heritage

      The Founder’s Office Preserves Personal Memories of Sheikh Zayed through the “Zayed Oral Archive” at ADIHEX 2026

      ADIHEX 2026 Heads Into Final Weekend of Record-Breaking Auctions

    • Submit A Press Release
    TheKhaleejPost
    Home » EGA to acquire majority stake in Italian aluminium recycling firm Eco Green, advancing global expansion strategy
    Business

    EGA to acquire majority stake in Italian aluminium recycling firm Eco Green, advancing global expansion strategy

    Facebook Twitter Pinterest WhatsApp
    EGA to acquire majority stake in Italian aluminium recycling firm Eco Green, advancing global expansion strategy - acquire...
    Share
    Facebook Twitter Pinterest WhatsApp

    Abu Dhabi, United Arab Emirates, 21 April 2026: Emirates Global Aluminium (EGA), the largest industrial company in the United Arab Emirates outside oil and gas and the world’s biggest producer of ‘premium aluminium’, today announced its intention to acquire an 80 per cent stake in Italian aluminium recycling company Eco Green.

    The acquisition, which remains subject to regulatory approvals, with-introduction-of-einvoicing-4-corner-model-for-businesses/”>marks the latest milestone in EGA’s global expansion and accelerates the company’s growth in aluminium recycling across Europe.

    Eco Green specialises in aluminium scrap collection, sorting and casting, and dross processing, distributing a total of more than 70 thousand tonnes per year.

    The company’s plant in Villafranca di Verona in northeast Italy collects, sorts and distributes approximately 23 thousand tonnes of aluminium scrap annually. A portion of the sorted scrap feeds Eco Green’s nearby facility in Nogara di Verona, which casts more than 20 thousand tonnes of secondary sows per year and also processes dross.

    Eco Green is advancing an expansion plan in the in Nogara di Verona facility that will add 15 thousand tonnes per year of recycled aluminium capacity. The project is

    expected to be completed early in the second half of 2026.

    Eco Green serves more than 60 customers across Europe, primarily in the aluminium processing and semi-fabrication industries, with end-users in automotive, construction, and other industrial sectors. The company has also established a strong scrap sourcing network, of more than 350 suppliers, ensuring consistent access to high-quality scrap.

    Founded by the Scappini family in 1993, Eco Green remains family led

    The company employs 70 people, and its current management team is expected to continue following completion of the transaction.

    EGA operates the UAE’s largest aluminium recycling plant in Al Taweelah in Abu Dhabi. EGA has already acquired aluminium recycling facilities in Germany and the United States with expansion projects underway at both sites.

    Following completion, the acquisition of Eco Green will bring EGA’s recycling capacity to more than 400 thousand tonnes per year across the UAE, Europe and the United States, with an additional 200 thousand tonnes of capacity under development in Europe and the US. EGA markets its recycled aluminium globally under the brand RevivAL

    Abdulnasser Bin Kalban, Chief Executive Officer of Emirates Global Aluminium, said: ‘At EGA, we are making rapid progress in building a global aluminium recycling business alongside expanding our primary aluminium production. Post closing, Eco Green will bring EGA reach and expertise in the European aluminium scrap market, making this a significant step forward in supplying the recycling operations we are building across the continent to contribute to Europe’s green future. Eco Green will also add recycled aluminium production in northeast Italy, which we can further develop as part of EGA.’

    Luca Scappini, Chief Executive Officer of Eco Green, said: ‘Becoming part of the world’s largest producer of ‘premium aluminium’ will unlock Eco Green’s growth potential, enabling us to further enhance our plants and expand our scrap supply and customer networks across Europe. EGA is already a major primary aluminium supplier to Europe, and we look forward to contributing to a significant and fast-growing EGA recycling business across the continent.’

    Analysts expect global demand for recycled aluminium to double by 2040, accounting for around 60 per cent of growth in global aluminium supply between now and 2030, and around 70 per cent between 2030 and 2040.

    Europe, excluding Russia, is the world’s third-largest recycled aluminium market after the United States and China. Recycled aluminium currently meets around 40 per cent of Europe’s total aluminium demand, with industries consuming approximately 4.9 million tonnes in 2025. According to CRU, demand is expected to grow to around 7.2 million tonnes by 2033.

    EGA acquired the German specialty foundry Leichtmetall in May 2024. Based in Hannover, EGA Leichtmetall produces high-strength recycled aluminium. In December,

    EGA announced a major expansion project that will increase EGA Leichtmetall’s recycling capacity more than six-fold, adding 110 thousand tonnes per year of scrap sorting capacity and 153 thousand tonnes per year of melting and casting capacity. The project represents an investment of approximately $170 million, with first hot metal expected in 2028.

    EGA typically exports over 600 thousand tonnes of primary aluminium annually from the UAE to Europe each year, supplying key industries including automotive and construction.

    In September 2024, EGA acquired Spectro Alloys, a recycling company in Minnesota in the United States. EGA Spectro Alloys completed an expansion in July 2025, bringing its total production capacity to 165 thousand tonnes per year of recycled aluminium ingots and billets. A second expansion phase, adding a further 35 thousand tonnes of billet capacity, is under development, with first hot metal expected in 2027.

    In the UAE, EGA began cast metal production in late February at its new 185 thousand tonnes per year aluminium recycling plant at Al Taweelah. The plant is currently shut down as a result of Iranian missile and drone attacks at Khalifa Economic Zone Abu Dhabi.

    Recycling aluminium requires about 95 per cent less energy than producing primary aluminium and generates only a fraction of the associated greenhouse gas emissions.

    Eco Green and the Scappini Family were advised by Lucio Leoni and Legance with Riccardo Paganin, Carlotta Giani and Emilio De Niro.

    Share. Facebook Twitter Pinterest WhatsApp
    Previous ArticleUAE Marks Milestone with Introduction of eInvoicing 4-Corner Model for Businesses
    Next Article Abu Dhabi Award for Excellence in Government Performance (ADAEP)

    Related Posts

    Business

    President of Senegal Receives HE Al Zeyoudi in Dakar to Discuss Expanding Trade and Investment Partnership

    Business

    UAQ Free Zone and Port City Colombo Sign Agreement to Promote Investment

    Business

    Environment Agency – Abu Dhabi partners with Japan’s Suwa Falconry Preservation Society to preserve a shared falconry heritage

    Business

    The Founder’s Office Preserves Personal Memories of Sheikh Zayed through the “Zayed Oral Archive” at ADIHEX 2026

    Business

    ADIHEX 2026 Heads Into Final Weekend of Record-Breaking Auctions

    Business

    Etihad and ROX sign MoU to explore collaboration across travel and mobility

    Business

    Mercato Announces Cadillac LYRIQ Winner in DSS 2026 Grand Prize Draw

    Business

    The Founder’s Office Introduces Visitors to Sheikh Zayed’s Coffee Recipe at ADIHEX 2026

    Stay In Touch
    • Facebook
    • Twitter
    Top Picks
    Business

    After two decades, Ebarza welcomes a new era of interior design to the UAE market

    Abu Dhabi: Having spent over 20 years redefining interior design in the UAE market, Ebarza…

    Deliveroo and Home Centre launch ‘DeliveRoom’ Rest Area for Riders

    Alef Group Partners with Sharjah Charity to Host Ramadan Donation Campaign to Support Health and Education

    Dubai Municipality Receives International Safety Award From British Safety Council

    OPPO Smiling Angel Program Honors Outstanding Frontline Staff Who Bring a Human Touch to the Tech Experience

    Stay ahead with TheKhaleejPost, your premier destination for breaking news, analysis, and in-depth coverage across the Gulf region and beyond. Discover diverse viewpoints, stay informed, and delve into the stories shaping our communities and world.

    Facebook X (Twitter)
    Categories
    • Business (990)
      • Career (2)
      • Management (5)
      • Startup (12)
    • Business & Tech (6)
    • Culture (78)
    • Entertainment (32)
      • Celebrity (3)
      • Movies (2)
      • TV Shows (1)
    • News (82)
    • Politics (12)
    • Technology (81)
      • Phones (2)
      • Science (2)
    • Videos (10)
    Our Picks
    Business

    ISSF commits $5 million to Rua Growth Fund

    Culture

    Light Up Your Worth: The Empowering Journey to Unlocking Your Highest Potential by Lala O. Roch”

    Business

    American University of Bahrain receives Certificate of Compliant with the General Framework Standards from BQA

    © 2026 TheKhaleejPost.
    • Home
    • About Us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Type above and press Enter to search. Press Esc to cancel.