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Stock impact report

Constellium Announces Partnership with Tesem to "Closing the Loop" on Aluminium Recycling

Constellium SE Ordinary Shares (France) (CSTM) 
Last constellium se ordinary shares (france) earnings: 4/29 06:00 am Check Earnings Report
US:NYSE Investor Relations: constellium.com/investors
Company Research Source: GlobeNewswire
PARIS, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Constellium is pleased to announce a partnership with Tesem, a global leader in luxury packaging, to advance sustainable aluminium production through an initiative called "Closing the Loop." This collaboration underscores Constellium’s dedication to reducing environmental impact and promoting circular economy practices. Through this partnership, Constellium will work closely with Tesem to create a closed-loop system that enables the recycling of high-purity aluminium. Tesem has invested in enhancing their assets to ensure the efficient cleaning and preparation of aluminium scrap. Both companies' R&D teams have collaborated to ensure the scrap meets the stringent quality standards required and to adjust casting parameters to integrate higher levels of recycled material. This innovative approach will allow Constellium to supply Tesem with aluminium coils that have a significantly reduced carbon footprint, as recycling aluminium emits 95% few Show less Read more
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