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Hayleys subsidiary Alumex introduces low-carbon aluminium to grow export markets

12 Sep 2022 - {{hitsCtrl.values.hits}}      

Hayleys PLC Chairman and Chief Executive, Mohan Pandithage (centre) ceremonially opening the new low-carbon aluminium manufacturing plant together with Hayleys PLC Group Executive Director, Sarath Ganegoda (left) and Alumex PLC Managing Director, Pramuk Dediwela (right)

 

 

Pro-circularity model reduces manufacturing energy requirements by 95% Hayleys Group subsidiary Alumex PLC recently announced the groundbreaking launch of low-carbon aluminum for the global market. 
The company’s newly launched range of low carbon aluminum ‘Ozon’, follows on the successful phase 1 opening of the manufacturer’s new state-of the-art melting facility at Sapugaskanda to develop export markets.With an investment of over Rs. 1 billion,further capacity building will take place througha second phase. 


Incorporating the most modern and environmentally-friendly technologies in the world, the new facility enables Alumex to produce the highest quality aluminum billets utilising just 5 percent of the total energy consumed in primary aluminum manufacturing from bauxite. Further automation-driven optimisations are expected to cut energy consumption up to 20 percent. 


According to Alumex PLC Managing Director, Pramuk Dediwela, the material is expected to add new life to the Sri Lankan construction sector’s efforts to sustainably reduce its environmental and carbon footprint. Its newly launched brand for its raw material ‘Ozon’ will maintain the exporter’s commitment to the highest global quality standards.


Given the high demand from overseas buyers for Ozon billets, especially from the USA, UK, Europe and Australia markets, Low Carbon Aluminium supports us to drive increasedexport revenue to the country.
 Following up on commitments made as part of the Hayleys Lifecode – which requires all companies in the Hayleys Group to realign their operations towards a unified approach to Environmental, Social and Governance (ESG) initiatives, Alumex has been adjusting its strategic priorities with a stronger emphasis on export development through sustainability. 


“Given the predicament of the country’s economic situation, we believe it is our responsibility to step forward, and lead through investment and innovation. The Alumex team has strengthened sustainable manufacturing operations with solutions that can compete on a global stage, while reducing the energy consumption of carbon emissions and contributing to a cleaner environment – actions that live up to the ideals set out in the Hayleys Lifecode. We take this opportunity to commend them on their innovative spirit,” Hayleys Chairman and Chief Executive, Mohan Pandithage stated. 

Hayleys Chairman and senior leadership team commissioning the manufacturing plant