STOCK TITAN

Constellium Announces Partnership with Tesem to "Closing the Loop" on Aluminium Recycling

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
partnership

Constellium has announced a partnership with Tesem, a global leader in luxury packaging, to advance sustainable aluminium production through an initiative called 'Closing the Loop'. This collaboration aims to create a closed-loop system for recycling high-purity aluminium, significantly reducing the carbon footprint of aluminium production.

Key aspects of the partnership include:

  • Tesem's investment in enhancing assets for efficient cleaning and preparation of aluminium scrap
  • Collaboration between R&D teams to meet quality standards and adjust casting parameters
  • Supply of aluminium coils with reduced carbon footprint from Constellium to Tesem
  • Recycling aluminium emits 95% fewer greenhouse gas emissions than producing primary metal

The initiative demonstrates the potential for strategic collaboration to drive innovation and sustainability in the luxury cosmetic packaging market.

Constellium ha annunciato una partnership con Tesem, un leader mondiale nel packaging di lusso, per promuovere la produzione sostenibile di alluminio attraverso un'iniziativa chiamata 'Closing the Loop'. Questa collaborazione mira a creare un sistema a ciclo chiuso per il riciclo dell'alluminio ad alta purezza, riducendo significativamente l'impatto ambientale della produzione di alluminio.

Gli aspetti chiave della partnership includono:

  • L'investimento di Tesem nel miglioramento delle attrezzature per la pulizia e la preparazione dei rottami di alluminio
  • Collaborazione tra i team di Ricerca e Sviluppo per rispettare gli standard di qualità e adattare i parametri di colata
  • Fornitura di coil di alluminio con un'impronta di carbonio ridotta da Constellium a Tesem
  • Il riciclo dell'alluminio emette il 95% in meno di gas serra rispetto alla produzione di metallo primario

L'iniziativa dimostra il potenziale per una collaborazione strategica per promuovere innovazione e sostenibilità nel mercato del packaging cosmetico di lusso.

Constellium ha anunciado una asociación con Tesem, un líder global en empaque de lujo, para avanzar en la producción sostenible de aluminio a través de una iniciativa llamada 'Closing the Loop'. Esta colaboración tiene como objetivo crear un sistema de ciclo cerrado para reciclar aluminio de alta pureza, reduciendo significativamente la huella de carbono de la producción de aluminio.

Los aspectos clave de la asociación incluyen:

  • La inversión de Tesem en mejorar los activos para la limpieza y preparación eficiente de chatarra de aluminio
  • Colaboración entre los equipos de I+D para cumplir con los estándares de calidad y ajustar los parámetros de fundición
  • suministro de bobinas de aluminio con una huella de carbono reducida de Constellium a Tesem
  • Reciclar aluminio emite un 95% menos de emisiones de gases de efecto invernadero que producir metal primario

La iniciativa demuestra el potencial de la colaboración estratégica para impulsar la innovación y sostenibilidad en el mercado del empaque cosmético de lujo.

Constellium은 Tesem과 파트너십을 체결하여 지속 가능한 알루미늄 생산을 촉진하는 'Closing the Loop'라는 이니셔티브를 발표했습니다. 이 협업은 고순도 알루미늄 재활용을 위한 폐쇄형 시스템을 만들고 알루미늄 생산의 탄소 발자국을 크게 줄이는 것을 목표로 하고 있습니다.

파트너십의 주요 사항은 다음과 같습니다:

  • 알루미늄 스크랩의 효율적인 청소 및 준비를 위한 자산 개선을 위한 Tesem의 투자
  • 품질 기준을 충족하고 주조 매개 변수를 조정하기 위한 R&D 팀 간의 협력
  • Constellium에서 Tesem으로의 탄소 발자국이 줄어든 알루미늄 코일 공급
  • 알루미늄 재활용은 1차 금속 생산보다 온실가스 배출이 95% 적습니다

이 이니셔티브는 럭셔리 화장품 포장 시장에서 혁신과 지속 가능성을 촉진하기 위한 전략적 협력의 잠재력을 보여줍니다.

Constellium a annoncé un partenariat avec Tesem, un leader mondial de l'emballage de luxe, pour faire avancer la production durable d'aluminium à travers une initiative appelée 'Closing the Loop'. Cette collaboration vise à créer un système en boucle fermée pour le recyclage de l'aluminium de haute pureté, réduisant ainsi considérablement l'empreinte carbone de la production d'aluminium.

Les principaux aspects du partenariat incluent :

  • L'investissement de Tesem dans l'amélioration des actifs pour le nettoyage et la préparation efficace des déchets d'aluminium
  • Collaboration entre les équipes de R&D pour respecter les normes de qualité et ajuster les paramètres de coulée
  • Fourniture de bobines d'aluminium avec une empreinte carbone réduite de la part de Constellium à Tesem
  • Le recyclage de l'aluminium émet 95 % de gaz à effet de serre en moins que la production de métal primaire

L'initiative démontre le potentiel d'une collaboration stratégique pour encourager l'innovation et la durabilité sur le marché de l'emballage cosmétique de luxe.

Constellium hat eine Partnerschaft mit Tesem, einem globalen Marktführer im Bereich Luxusverpackungen, angekündigt, um die nachhaltige Aluminiumproduktion durch eine Initiative mit dem Namen 'Closing the Loop' voranzutreiben. Diese Zusammenarbeit zielt darauf ab, ein geschlossenes Recycling-System für hochreines Aluminium zu schaffen und den CO2-Fußabdruck der Aluminiumproduktion erheblich zu reduzieren.

Die wichtigsten Aspekte der Partnerschaft umfassen:

  • Tesems Investition in die Verbesserung von Anlagen zur effizienten Reinigung und Aufbereitung von Aluminiumschrott
  • Zusammenarbeit zwischen den F&E-Teams, um Qualitätsstandards zu erfüllen und Gießparameter anzupassen
  • Lieferung von Aluminium-Coils mit reduziertem CO2-Fußabdruck von Constellium an Tesem
  • Das Recycling von Aluminium erzeugt 95% weniger Treibhausgasemissionen als die Herstellung von Primärmetall

Die Initiative zeigt das Potenzial strategischer Zusammenarbeit zur Förderung von Innovation und Nachhaltigkeit im Luxus-Kosmetikverpackungsmarkt.

Positive
  • Partnership with Tesem to create a closed-loop aluminium recycling system
  • Significant reduction in carbon footprint for aluminium production
  • 95% reduction in greenhouse gas emissions compared to primary metal production
  • Enhanced sustainability in the luxury cosmetic packaging market
Negative
  • None.

Insights

This partnership marks a significant step towards sustainable aluminium production in the luxury packaging sector. By implementing a closed-loop recycling system, Constellium and Tesem are addressing the growing demand for eco-friendly materials in high-end markets. The initiative's potential to reduce carbon emissions by up to 95% compared to primary aluminium production is substantial.

From an investor perspective, this collaboration could enhance Constellium's competitive position in the specialty aluminium market. It demonstrates the company's commitment to innovation and sustainability, which are increasingly important factors for consumers and investors alike. The partnership may lead to increased market share and potentially higher margins for Constellium's specialized products.

However, the impact on Constellium's financials in the short term may be , as the luxury packaging segment likely represents a small portion of their overall revenue. The long-term benefits of improved brand reputation and potential cost savings from recycling could be more significant. Investors should monitor how this initiative scales and whether it leads to similar partnerships in other sectors.

The technical aspects of this partnership are noteworthy. Tesem's investment in enhancing assets for efficient cleaning and preparation of aluminium scrap addresses a critical challenge in recycling – maintaining high purity levels. This is important for luxury packaging applications where surface quality is paramount.

Constellium's ability to adjust casting parameters to incorporate higher levels of recycled content while meeting stringent quality standards demonstrates significant R&D capabilities. This technical achievement could potentially be applied to other product lines, expanding the company's sustainable offerings across various sectors.

The use of Constellium's Singen facility, known for specialized aluminium surfaces, suggests that this recycled aluminium will maintain the high-quality finish required for luxury packaging. This could open doors to new markets that demand both sustainability and premium quality, potentially driving growth in Constellium's high-value product segments.

PARIS, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Constellium is pleased to announce a partnership with Tesem, a global leader in luxury packaging, to advance sustainable aluminium production through an initiative called "Closing the Loop." This collaboration underscores Constellium’s dedication to reducing environmental impact and promoting circular economy practices.

Through this partnership, Constellium will work closely with Tesem to create a closed-loop system that enables the recycling of high-purity aluminium. Tesem has invested in enhancing their assets to ensure the efficient cleaning and preparation of aluminium scrap. Both companies' R&D teams have collaborated to ensure the scrap meets the stringent quality standards required and to adjust casting parameters to integrate higher levels of recycled material.

This innovative approach will allow Constellium to supply Tesem with aluminium coils that have a significantly reduced carbon footprint, as recycling aluminium emits 95% fewer greenhouse gas emissions than producing primary metal.

“We are excited to partner with Tesem on this important initiative," said Patrick Broom, Director Sales & Marketing Specialties of Constellium. "The 'Closing the Loop' project is a prime example of how strategic collaboration can drive innovation and sustainability in the luxury cosmetic packaging market."

"We are proud to work with Constellium to create a sustainable future through this closed-loop recycling system,” said Guillem Serrat, General Manager, Tesem. "This partnership not only supports our environmental goals but also strengthens the quality and sustainability of our products."

Constellium is supplying Tesem with highly specialized aluminium surfaces from its rolling mill in Singen, Germany.

Watch the video that celebrates this important milestone and showcases the collaborative efforts that made "Closing the Loop" a reality.

About Constellium

Constellium (NYSE: CSTM) is a global sector leader that develops innovative, value-added aluminium products for a broad scope of markets and applications, including aerospace, automotive and packaging. Constellium generated €7.2 billion of revenue in 2023.
www.constellium.com

Media Contacts
  
Investor RelationsCommunications
Jason HershiserDelphine Dahan-Kocher
Phone: +1 443 988-0600Phone: +1 443 420 7860
investor-relations@constellium.com delphine.dahan-kocher@constellium.com

FAQ

What is the 'Closing the Loop' initiative announced by Constellium (CSTM)?

The 'Closing the Loop' initiative is a partnership between Constellium and Tesem to create a closed-loop system for recycling high-purity aluminium, aimed at advancing sustainable aluminium production and reducing environmental impact in the luxury packaging industry.

How does the Constellium (CSTM) and Tesem partnership reduce carbon footprint?

The partnership reduces carbon footprint by recycling aluminium, which emits 95% fewer greenhouse gas emissions than producing primary metal. Constellium supplies Tesem with aluminium coils that have a significantly reduced carbon footprint due to this recycling process.

What role does Tesem play in the Constellium (CSTM) 'Closing the Loop' initiative?

Tesem has invested in enhancing their assets to ensure efficient cleaning and preparation of aluminium scrap. They collaborate with Constellium's R&D team to meet quality standards and adjust casting parameters for integrating higher levels of recycled material.

Where is Constellium (CSTM) supplying the specialized aluminium surfaces from for the Tesem partnership?

Constellium is supplying Tesem with highly specialized aluminium surfaces from its rolling mill in Singen, Germany.

Constellium SE

NYSE:CSTM

CSTM Rankings

CSTM Latest News

CSTM Stock Data

1.66B
144.30M
1.48%
94.69%
1.69%
Aluminum
Basic Materials
Link
United States of America
Paris