Annual report 2014

ELG

In May, ELG presented its first sustainability report, “IN THE VANGUARD OF GLOBAL RECYCLING”, which was prepared and certified on the basis of a comprehensive survey of the relevant stakeholders in accordance with the latest standard of the Global Reporting Initiative (GRI). In the report, ELG lays out its vision of business responsibility and identifies for the reader the key areas for action for a globally active recycling company and the sustainability projects that have been initiated.

With an eye to the growing demand for scrap metals in the United States, ELG acquired a new plot of land in Houston, Texas in September. The new facility is planned to go into operation in early 2016 and will significantly optimise the company’s processes and lay the groundwork for future growth in the volume of scrap processed by the company.

ELG

As part of the integration of the superalloys companies acquired in the previous year, ELG established a site in Monroe, North Carolina in October to consolidate the processing capacities of two existing locations. In addition, ELG formed a company in Mexico. The superalloys division is thus following its customers in the aviation industry, who are increasingly producing their products in Central America.