TRIMET acquires electrolysis plant in Voerde

The electrolysis plant in Voerde in the Lower Rhine regionThe electrolysis plant in Voerde in the Lower Rhine region

May 28, 2014 | TRIMET Aluminium SE is taking over Voerde Aluminium GmbH together with its 280 employees. The insolvent company produces primary aluminum and carbon anodes used in the electrolysis process for metal production. TRIMET will take over the running of the electrolysis plant and anode factory in the Lower Rhine region and take on all of its employees.

“We are delighted to be able to keep open this production location with a future and safeguard the current jobs,” says Heinz-Peter Schlüter, owner of TRIMET Aluminium SE and chairman of the supervisory board. A condition of the acquisition was said to have been the planning certainty created by the clearing up of the existing legal uncertainty surrounding the EU-compliant ruling reducing the burden on the energy-intensive industry as set out in the German Renewable Energy Act. “We are confident that there is now certainty with regard to the legal situation,” says Schlüter.

With the acquisition of the Voerde plant, the material specialist has further expanded its production capacity for primary aluminum and remains on course to continue the growth of recent years. “There is huge demand for aluminum among the key European industries. We can meet this growing demand with the Voerde plant. The employees and the technical facilities fit in perfectly with TRIMET’s focus as a supplier of custom solutions,” says Dr. Martin Iffert, CEO of TRIMET Aluminium SE.

The medium-sized, family-run business operates eight plants involved in the production, casting, and recycling of aluminum. TRIMET acquired two production plants in France in December 2013.

As an innovative, medium-sized company, TRIMET Aluminium SE develops, produces, recycles, casts, and markets modern light metal products made of aluminum in eight different locations. Around 2,700 employees work with our customers to make cars more economical, aircraft lighter, wind turbines and power plants more efficient, structures more modern, and packaging more eco-friendly.

By: Wolfgang Nübold

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Wolfgang Nübold

Instinctif Partners

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