Reintech to Build Aluminum Recycling Plant in Russia
Recycling-Innovations-Technologies (Reintech) plans to build a state-of-the-art plant in the Alekseevka settlement of Kinel township, Samara region, Russia, to recycle aluminum scrap and produce secondary alloys, according to Volga News.
Rusal has confirmed its involvement in the project, indicating potential cooperation with Reintech.
"We plan to build the most modern aluminum scrap processing and realloy production plant in Russia and the CIS," Reintech stated. "We will be ready to announce the details to the market at later stages of the project. We consider Rusal to be our strategic partner, and agreements in principle have already been reached."
Rusal confirmed the information about potential cooperation with Reintech, highlighting the strategic partnership between the two companies.