22 July 2022 09:12 am Views - 167
Aluminium waste collection bins set up by Alumex
Alumex, Sri Lanka’s leading fully-integrated aluminium profiles manufacturer and member of the Hayleys group, joined the Aluminium Stewardship Initiative (ASI) as the new member of the Production and Transformation Division.
The ASI is a not-for-profit standard-setting and certification organisation, bringing together producers, users and stakeholders in the value chain with a commitment to maximising the contribution of aluminium to a sustainable society. As the first Sri Lankan manufacturer to have committed to the standards, Alumex will work with the members to foster responsible production, sourcing and stewardship.
“As Sri Lanka’s largest manufacturer and exporter of aluminium, we are well aware of the importance of integrating sustainability in our business and manufacturing process. ASI is backed by an assurance programme, which will enable us to strengthen our commitment to transparency and credibility. We believe this is fundamentally important for our people and customers in Sri Lanka and our rapidly expanding export markets,” Alumex Managing Director Pramuk Dediwela said.
The ASI certification programme provides assurance for two voluntary standards: the ASI Performance Standard and ASI Chain of Custody Standard. While the former defines environmental, social and governance principles and criteria addressing sustainability, the latter sets out the requirements for the maintenance of materials.
Notably, Alumex strengthened its commitment to sustainability by setting up aluminium waste-collection points in selected areas. The manufacturer also upgraded its recycling facility with state-of-the-art machinery to significantly reduce its environmental footprint.
Alumex’s latest facility in Sapugaskanda is capable of recycling more than 1200 metric tonnes of aluminium scrap per month, which can be upgraded by another 1200 metric tonnes, with an annual recycling capacity of 28,800 metric tonnes. With the commencement of its commercial operation by July 2022, this would become the largest aluminium recycling plant in Sri Lanka with the state-of-the-art technology.
Most recently, Alumex was recognised for its strong commitment to transparency and governance at the Asia Integrated Reporting Awards. The manufacturer was honoured with the Bronze in integrated report (SME) category for its disclosures on value creation to stakeholders.