ALCOA SUPPLIES ECOLUM LOW CARBON ALUMINUM TO HELLENIC CABLES

Alcoa Corporation has announced that it is supplying EcoLum ™ low-carbon aluminum to Hellenic Cables SA, one of Europe’s largest cable producers with key markets in renewable energy transmission and distribution.

Hellenic Cables, the cable segment of Cenergy Holdings, operates five manufacturing plants in three countries and manufactures energy, telecom 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.

Produced in aluminum smelters with hydroelectric power, EcoLum aluminum has no more than 4.0 metric tons of CO2 emissions per ton of metal produced, including direct and indirect emissions throughout the production chain, including bauxite, mining and alumina refining.

“We are very proud to partner with Hellenic Cables and help them in their stated mission to develop a sustainable energy future,” details Kelly Thomas, Alcoa’s executive vice president and chief commercial officer, who adds, “We know that aluminum is a key material for a more sustainable future, and we are the company that delivers responsible production from mine to metal, all backed by excellent quality and strong customer service.”

Aluminum is an excellent alternative to copper in terms of conductivity, mechanical properties and durability. By using low carbon EcoLum aluminum, Hellenic Cables’ customers will have the opportunity to reduce their own Scope 3 emissions by purchasing high quality cable products with a significantly lower carbon footprint.