Century Aluminum (CENX) Launches Natur-Al Aluminum Products
Zacks Investment Research | Feb 24, 2020 09:22PM ET
Century Aluminum Company (NASDAQ:CENX) announced the launch of its Natur-Al low-carbon aluminum products.
Natur-Al aluminum products are manufactured at the company’s ASI-certified Noroural Grundartangi facility in Iceland, using 100% renewable energy. This enables it to achieve 4 tons CO2 per ton of aluminum or CO2 levels below one-fourth of the industry average, which is one of the world’s lowest CO2 footprints.
Independent third parties check all CO2 emissions, facilitating the assessments of the life-cycle of its customers.
Notably, Natur-Al Zero is the company’s aluminum product line that is completely offset, pure and carbon-neutral.
Per management, it is committed to work with its customers for lower and more sustainable carbon products, and respond to the growing demands of customers for responsible aluminum production. Notably, Natur-Al allows customers to substantially reduce or completely offset their product’s carbon footprint.
Century Aluminum’s shares have tumbled 30% in the past year compared with the Zacks Investment Research
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