TRIMET Acquires Aluminum Smelter in Voerde
The company, which is currently in bankruptcy proceedings, manufactures primary aluminum and carbon anodes used in electrolysis for metal extraction. Trimet will continue to run the aluminum smelter and anode factory at its location on the Lower Rhine and will take over the full staff. “We are pleased that we can continue to run Voerde Aluminium GmbH as a viable long-term production site and secure existing jobs,” says Heinz-Peter Schlüter, owner and Supervisory Board Chairman of Trimet Aluminium SE. The acquisition was contingent upon an EU-compliant asset relief scheme for the energy-intensive industry under the Renewable Energy Sources Act. This has removed any existing legal uncertainty and created planning security. With the Voerde location, the materials specialist has expanded its production capacity for primary aluminum, continuing the positive growth demonstrated over the past few years. The medium-sized family enterprise operates production facilities at eight locations which manufacture, cast and recycle aluminum. In December 2013, Trimet acquired two production plants in France.