Befesa Medio Ambiente S.A. : Abengoa signs an agreement with Novelis to manage all drosses from the plant that the North American company is building in Nachterstedt, Germany

• Abengoa will manage the aluminium residues at the new facility that it will build in the town of Bernburg, in the east of the country, and which will involve an investment of approximately € 30 million.
• The new Abengoa plant will have a production capacity of 50,000 tonnes of aluminium alloys for casting and, in addition, will recover the aluminium from the drosses at the Novelis plant.

Seville, April 9, 2013 - Abengoa, an international company that applies innovative technological solutions for sustainable development in the energy and environment sectors, through its industrial waste recycling division, Befesa, has signed an agreement with Novelis, specialized in the production of flat aluminium products, to manage all of the aluminium drosses from the recycling plant that the North American company is building in Nachterstedt, Germany.

Therefore, Abengoa is going to build an aluminium recycling plant in the town of Bernburg, in the region of Saxony-Anhalt in the east of the country, which will involve an investment of approximately € 30 million.

The new Abengoa facility will produce 50,000 tonnes of aluminium casting alloys and, in addition, by recovering the aluminium, will manage all of the drosses from the largest recycling plant in the world that Novelis is building in Nachterstedt. Then it will return the recovered aluminium to Novelis, so that they can reuse it into laminated products.

In addition to the significant investment and technological development that it means for the area, it is estimated that the new German aluminium waste recycling plant will create around 65 jobs between the direct and indirect jobs involved in this activity.

The new Abengoa plant will also bring significant environmental benefits. The facilities will be designed and operated using the safest and most sustainable technology for recycling aluminium. In addition, it will include the latest industry-related technological developments leading to the highest standards of productivity in the industry.

When the plant is put into operation in the first quarter of 2014, Abengoa will have nine recycling plants in Europe. The total processing capacity will be 1 million tonnes of aluminium waste (about 400,000 tonnes of scrap, slag and aluminium chips, and 600,000 tonnes of salt slag).

With this new project, Abengoa will become the leading company in integrated aluminium waste recycling in Germany and will reinforce its position as the European leader in this sector. In this way, Abengoa will consolidate its growth model based on the know-how and sustainability of its processes, offering technologically innovative solutions tailored to the needs of its customers and suppliers.

About Abengoa

Abengoa (MCE: ABG) is an international company that applies innovative technological solutions for sustainable development in the sectors of energy and the environment, by generating electricity from the sun, producing biofuels, desalinating sea water or recycling industrial waste. (www.abengoa.com)

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