Speira Rolls Forward with NOK 6 Million Investment in Karmøy: Step towards Aluminium Waste Recycling

Speira, a top player in rolling and recycling, is investing NOK 6 million in Karmøy to install an advanced slag press. This upgrade aims to boost their ability to recycle aluminium production waste, emphasizing Speira's dedication to sustainability. The new equipment will efficiently process aluminium slag, extracting aluminium melt using high-pressure technology in about 30 minutes. This initiative reinforces Speira's leadership in promoting eco-friendly practices within the industry, aligning their operations with sustainable development goals.

During the aluminium production process, aluminium slag, an oxide layer, naturally forms. Speira's recent acquisition of a high-pressure slag press marks a significant advancement. This technology efficiently cools and extracts aluminium melt from the oxide, completing the process in just 30 minutes. The result is a high-quality recycled aluminium product, crucial for advancing Speira's sustainability objectives and reinforcing their leadership in promoting eco-friendly practices within the industry. This initiative not only enhances operational efficiency but also underscores Speira's commitment to reducing environmental impact through innovative, sustainable solutions in aluminium production.

Pål Tage Endresen, the plant manager at Speira Karmøy, highlights the transformative impact of their recent technological upgrades. He asserts that the introduction of advanced equipment such as the slag press not only enhances the quality of their products but also yields substantial operational efficiencies. By streamlining processes and reducing waste, Speira anticipates significant cost savings. This commitment to innovation not only strengthens their competitive position but also underscores their dedication to sustainable manufacturing practices. Endresen's statement reflects Speira's strategic vision to continually improve production standards, ensuring they remain at the forefront of the aluminium industry while meeting stringent environmental objectives.

Pål Tage Endresen emphasizes Speira's commitment to sustainability within their industry, highlighting their goal to set the benchmark. He underscores the importance of community engagement and acknowledges their responsibility in shaping a sustainable future. Endresen emphasizes the significance of optimizing production, processing, and recycling practices as pivotal elements in achieving these objectives. This approach not only reflects Speira's dedication to environmental stewardship but also underscores their proactive stance in integrating sustainability into every facet of their operations, thereby fostering long-term resilience and leadership in the aluminium sector.

Since its spin-off from Hydro in 2021, Speira has embarked on a strategic investment spree in Karmøy, exemplified by their latest acquisition of a state-of-the-art slag press. These investments, totaling well over NOK 100 million in the past three years, underscore Speira's commitment to modernizing operations. Alongside the slag press, recent enhancements include the installation of a new grinding machine and upgrades to multiple production lines. These advancements not only bolster efficiency but also position Speira at the forefront of technological innovation in rolling and recycling. By continually investing in cutting-edge equipment, Speira aims to sustain its competitive edge while advancing sustainable practices in aluminium processing.

The expected delivery time for the new equipment is slated for early 2025. This timeline aligns with Speira's strategic planning to integrate advanced technologies seamlessly into their operations.