Alcoa Corporation announced that it is supplying low-carbon EcoLum™ aluminum to Hellenic Cables S.A., one of the largest cable producers in Europe with key markets in renewable energy transmission and distribution.
A press release said that Hellenic Cables, the cables segment of Cenergy Holdings, operates five manufacturing plants across three countries and manufactures power, telecommunication, and submarine cables, and compounds. The EcoLum brand is part of Alcoa’s Sustana™ family of low-carbon products, the most comprehensive in the aluminum industry, and has a carbon footprint that is approximately 3.5 times better than the industry average.
“We are very proud to partner with Hellenic Cables and assist them in their stated mission to develop a sustainable energy future,” said Alcoa EVP and CCO Kelly Thomas. “We know that aluminum is a key material for a more sustainable future, and we are the company to deliver with responsible production from mine to metal, all backed by excellent quality and strong customer service.”
Produced at hydroelectric-powered aluminum smelters, EcoLum aluminum has no more than 4.0 metric tons of carbon emissions for every ton of metal produced, including both direct and indirect emissions (scope 1 and scope 2) across the entire production chain, including bauxite mining and alumina refining. Alexis Alexiou, CEO of Cenergy Holdings and Hellenic Cables, said that Hellenic Cables finds strong alignment with Alcoa’s strategic priority to advance sustainably. “We prioritize the urgency of deep and immediate mitigation actions, hence EcoLum minimizes our environmental impacts and enhances the value of our products.”