Gravita India begins production from aluminium recycling plant in Senegal

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Gravita Limited, an Indian company, announced that it has begun commercial production of aluminium at its new recycling plant in through its step down subsidiary in the West African country.

The aluminium plant in has a yearly capacity of about 4,000 MTPA.

Gravita hopes to get additional revenue of about INR 60 crores per year from the Senegal plant with a gross margin of approximately 20%.

The Indian company invested around INR 3.5 crores for the procurement and commissioning of the aluminium recycling plant.

Gravita India will be procuring domestic aluminium waste for production from the plant, which will serve the needs of aluminium die casting components manufacturing industries of Auto & FMCG sector situated in China, Vietnam, and Japan.

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