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Aurubis AG (Aurubis) and TSR Recycling GmbH & Co. KG (TSR) have signed a joint venture agreement
The future joint venture will unite the cable dismantling activities of Aurubis subsidiary Cablo Metall-Recycling und Handel GmbH
Fehrbellin (Cablo) and those of the TSR site in Gelsenkirchen with the objective of recovering copper granules and plastics
The joint venture will operate under the name Cablo GmbH
TSR will hold 60 % of the joint venture as a partner and manage the company from an operational perspective
Aurubis AG will hold 40 % of this newly established limited liability company
All of the employees of Aurubis subsidiary Cablo in Fehrbellin
located in the German state of Brandenburg
will be part of the new joint venture as well as cable pre-processing employees of TSR from the site in Gelsenkirchen
located in the German state of North Rhine-Westphalia
Cablo in Fehrbellin has specialized in recycling copper and aluminum cable since 1949 and produces a wide variety of metal granules
The company also fabricates plastic products from cable insulation
The TSR branch in Gelsenkirchen operates two cable granulators and processes various types of cable
likewise recovering different qualities of copper granules
Sustainably closing the loop is Aurubis’ core business and area of growth
one of our long-term suppliers of input materials
as the ideal partner to continue developing the vital recycling business
we will boost the volume of input materials and create solutions for the plastic materials that accumulate during recycling
which pose a substantial challenge in the recycling of cable waste,”
“The separate recycling strengths of both partners will complement each other perfectly in the joint venture: TSR contributes a broad network of branches that collect the materials
as well as its existing logistics and its pre-processing expertise; Aurubis brings along extensive metallurgical processing knowledge for a wide variety of recycling raw materials to recover different metals
we will continue optimizing the recycling processes
we are committed to bringing the circular economy to life
we now have the opportunity to join our sourcing
and marketing know-how in one company to produce high-quality recycling raw materials for reuse in industry
thus closing loops even more effectively along the entire value chain
Considering the objectives of the European Commission’s Green Deal
which focuses on the shift from a linear to a circular economy
our joint venture makes a crucial contribution to enhancing the circular economy – and serves as a role model for other material flows as well.”
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