A minimum of 35,000 tonnes of aluminium coils to be delivered annually
Closed loop recycling for sustainable carbon footprint
On April 28 2017, AMAG signed a multi-year contract with flexible packaging manufacturer, Constantia Flexibles, for, a minimum of 35,000 tonnes of aluminium coils to be delivered annually to Constantia's Teich facility in Weinburg, Lower Austria. Teich is the production site for packaging foils for food, pet food and pharmaceuticals. This contract represents a continuation of a 20-plus year business relationship, and is based in no small part on the expansion of AMAG's product range, made possible by the plant investments in Ranshofen. At roughly 16 percent, packaging products have a significant share in the overall sales of the AMAG rolling mill.
'AMAG has a long-term history of a successful cooperation with our largest individual client, Constantia Flexibles. We are delighted to be able to continue on this growth trajectory together,' stated Helmut Wieser, CEO of AMAG Austria Metall AG.
'AMAG is an important strategic partner in our long-term growth strategy. This contract and the new product range will allow us to optimize our use of resources and support our innovation activities,' stated Alexander Baumgartner, CEO of Constantia Flexibles.
'Closed-loop' recycling is an important part of the contract, returning aluminium scrap from Constantia Flexibles directly to AMAG, thus retaining valuable material.
AMAG - Austria Metall AG published this content on 02 May 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 02 May 2017 13:20:17 UTC.
Original documenthttps://www.amag.at/en/press/press-releases-2017/02052017-major-contract-with-constantia-flexibles.html
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AMAG Austria Metall AG is an Austria-based holding group company. It manages its business through four operating divisions Metal, Casting, Rolling and Service. The Metal Division includes the 20 % interest held in the Alouette smelter, and is responsible within the AMAG Group for the production of primary aluminium, the control of metal flows, the hedging of AMAGâs operating companies against aluminium price risk and the marketing of primary aluminium. Casting Division recycles aluminium scrap in order to produce high-quality casthouse alloys. Its product portfolio covers aluminium materials tailored to customer requirements in the form of ingots, sows and liquid aluminium. Rolling Division is responsible for the production and sale of rolled products (sheets, coils and plates), as well as precision and rolled plates. The rolling mill specialises in premium products for selected markets. Service Divisionâs portfolio includes facility management (building and area management).