Event Intelligence
EGA completes acquisition of 80% of Italian aluminium recycling firm Eco Green
AcquisitionChina, Germany, Global, Russia, United StatesBreaking Updated 11th September 2026 · 03:04
- Significance
- Material
- Impact
- Neutral or Mixed
- Confidence Confidence indicates how reliable ProcIntel considers the event assessment based on the quality, quantity and independence of the supporting evidence. It does not measure the event's importance.
- Low
- Evidence
- 1 source 1 signal
Overview
What happened Source facts
Emirates Global Aluminium (EGA), the largest industrial company in the United Arab Emirates outside oil and gas and the world’s biggest ‘premium aluminium’ producer, today announced the completion of its acquisition of an 80 per cent stake in Italian aluminium recycling company Eco Green. EGA announced its intention to acquire the majority stake in Eco Green in April. The transaction has now cleared all required regulatory approvals and closing conditions. EGA is growing a global aluminium recycling business to help meet the world’s increasing demand for low carbon aluminium. With Eco Green, EGA now has more than 400 thousand tonnes per year of aluminium recycling capacity in the UAE, the United States, Germany and Italy, with a further 200 thousand tonnes of capacity under development. Europe, excluding Russia, is the world’s third-largest recycled aluminium market after the United States and China. EGA is also a major primary aluminium supplier to Europe, selling around 600 thousand tonnes per year of primary aluminium to European industries. Abdulnasser Bin Kalban, Chief Executive Officer of Emirates Global Aluminium, said, “Eco Green makes EGA an even better partner for Europe’s green future and further expands our growing global aluminium recycling business. Eco Green also brings us capability in Europe’s aluminium scrap market, which is important for our expanding recycling operations in the continent. I welcome everyone working at the Eco Green to EGA and an even brighter future as part of the biggest ‘premium aluminium’ producer in the world.”Luca Scappini, Chief Executive Officer of Eco Green, said, “At Eco Green, we are proud of what we have achieved, growing our company into a leading aluminium recycling business in Italy over more than three decades. Becoming part of EGA unlocks our potential for further growth, as a key pillar of EGA’s expanding European aluminium recycling network. It will enable us to deliver even better products and services to our customers. And it creates further opportunities for our people. We are glad to join the EGA family.”Eco Green was founded by the Scappini family in 1993. The family remain minority shareholders, and members of the management team. The company will be rebranded as EGA Eco Green. Eco Green has two plants in northeast Italy and specialises in aluminium scrap collection, sorting and casting, and dross processing. The company distributes a total of more than 70 thousand tonnes per year. In Villafranca di Verona, Eco Green collects, sorts and distributes approximately 23 thousand tonnes of aluminium scrap annually. Some of this scrap is supplied to the Eco Green plant in nearby Nogara di Verona, which casts more than 20 thousand tonnes of secondary sows per year. The furnace at Nogara di Verona has a nameplate capacity of 30 thousand tonnes per year. The plant also processes dross. Eco Green is expanding the Nogara di Verona facility to add 20 thousand tonnes per year of recycled aluminium capacity. The expansion is expected to be complete in December 2026. Eco Green has more than 60 customers across Europe, and a network of more than 350 aluminium scrap suppliers. In Germany, EGA acquired EGA Leichtmetall in 2024. In December, EGA announced a major expansion project that will increase EGA Leichtmetall’s recycling capacity more than six-fold. Also in 2024, EGA acquired 80 percent of EGA Spectro Alloys in the United States. EGA Spectro Alloys completed an expansion in July 2025, bringing its total production capacity to 165 thousand tonnes per year of recycled aluminium ingots and billets. A second expansion phase, adding a further 35 thousand tonnes of billet capacity, is under development, with first hot metal expected in 2027. In the UAE, EGA is currently ramping up production at the new Al Taweelah recycling plant, the country’s largest aluminium recycling facility with a capacity of 185 thousand tonnes per year. WAM
ProcIntel Analysis
This Event has not been assessed yet.
The source facts, rating, evidence and linked entities on this page are unaffected and remain complete.
Suggested considerations
Derived from this Event's rating and type — prompts for your team to evaluate, not reported facts and not recommendations.
- Monitor for changes to supplier ownership, contract terms or account relationships.
- Monitor for explicit timing evidence.
- Determine whether internal exposure warrants earlier investigation.
No explicit date was tightly bound to the matched event text, so no occurrence date is claimed.
Suggested Considerations
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- Monitor for changes to supplier ownership, contract terms or account relationships.
- Monitor for explicit timing evidence.
- Determine whether internal exposure warrants earlier investigation.
How to read this Event
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- Consideration a suggested question for your team — never a recommendation to act.
Source Facts
Only what the sources reported. Nothing on this page is ProcIntel's interpretation.
Recorded source facts
Emirates Global Aluminium (EGA), the largest industrial company in the United Arab Emirates outside oil and gas and the world’s biggest ‘premium aluminium’ producer, today announced the completion of its acquisition of an 80 per cent stake in Italian aluminium recycling company Eco Green. EGA announced its intention to acquire the majority stake in Eco Green in April. The transaction has now cleared all required regulatory approvals and closing conditions. EGA is growing a global aluminium recycling business to help meet the world’s increasing demand for low carbon aluminium. With Eco Green, EGA now has more than 400 thousand tonnes per year of aluminium recycling capacity in the UAE, the United States, Germany and Italy, with a further 200 thousand tonnes of capacity under development. Europe, excluding Russia, is the world’s third-largest recycled aluminium market after the United States and China. EGA is also a major primary aluminium supplier to Europe, selling around 600 thousand tonnes per year of primary aluminium to European industries. Abdulnasser Bin Kalban, Chief Executive Officer of Emirates Global Aluminium, said, “Eco Green makes EGA an even better partner for Europe’s green future and further expands our growing global aluminium recycling business. Eco Green also brings us capability in Europe’s aluminium scrap market, which is important for our expanding recycling operations in the continent. I welcome everyone working at the Eco Green to EGA and an even brighter future as part of the biggest ‘premium aluminium’ producer in the world.”Luca Scappini, Chief Executive Officer of Eco Green, said, “At Eco Green, we are proud of what we have achieved, growing our company into a leading aluminium recycling business in Italy over more than three decades. Becoming part of EGA unlocks our potential for further growth, as a key pillar of EGA’s expanding European aluminium recycling network. It will enable us to deliver even better products and services to our customers. And it creates further opportunities for our people. We are glad to join the EGA family.”Eco Green was founded by the Scappini family in 1993. The family remain minority shareholders, and members of the management team. The company will be rebranded as EGA Eco Green. Eco Green has two plants in northeast Italy and specialises in aluminium scrap collection, sorting and casting, and dross processing. The company distributes a total of more than 70 thousand tonnes per year. In Villafranca di Verona, Eco Green collects, sorts and distributes approximately 23 thousand tonnes of aluminium scrap annually. Some of this scrap is supplied to the Eco Green plant in nearby Nogara di Verona, which casts more than 20 thousand tonnes of secondary sows per year. The furnace at Nogara di Verona has a nameplate capacity of 30 thousand tonnes per year. The plant also processes dross. Eco Green is expanding the Nogara di Verona facility to add 20 thousand tonnes per year of recycled aluminium capacity. The expansion is expected to be complete in December 2026. Eco Green has more than 60 customers across Europe, and a network of more than 350 aluminium scrap suppliers. In Germany, EGA acquired EGA Leichtmetall in 2024. In December, EGA announced a major expansion project that will increase EGA Leichtmetall’s recycling capacity more than six-fold. Also in 2024, EGA acquired 80 percent of EGA Spectro Alloys in the United States. EGA Spectro Alloys completed an expansion in July 2025, bringing its total production capacity to 165 thousand tonnes per year of recycled aluminium ingots and billets. A second expansion phase, adding a further 35 thousand tonnes of billet capacity, is under development, with first hot metal expected in 2027. In the UAE, EGA is currently ramping up production at the new Al Taweelah recycling plant, the country’s largest aluminium recycling facility with a capacity of 185 thousand tonnes per year. WAM
This Event rests on a single report. It has not been corroborated by a second, independent source.
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EGA completes acquisition of 80% of Italian aluminium recycling firm Eco Green
Emirates Global Aluminium (EGA), the largest industrial company in the United Arab Emirates outside oil and gas and the world’s biggest ‘premium aluminium’ producer, today announced the completion of its acquisition of an 80 per cent stake in Italian aluminium recycling company Eco Green. EGA announced its intention to acquire the majority stake in Eco Green in April. The transaction has now cleared all required regulatory approvals and closing conditions. EGA is growing a global aluminium recycling business to help meet the world’s increasing demand for low carbon aluminium. With Eco Green…
Open original report → gulftoday.ae
Linked Signals
Every collected Signal that contributed to this Event, with how it was matched.
| Published | Headline | Source | Matched text | Extraction confidence | Method |
|---|---|---|---|---|---|
| 10th September 2026 | EGA completes acquisition of 80% of Italian aluminium recycling firm Eco Green | Gulf Today - Business | acquisition, acquire | 38.5 | keyword combination |
Entities
The real-world companies, places, commodities and organisations this Event involves.
Country 5
- China reused entity extraction · confidence 75.0
- Germany reused entity extraction · confidence 75.0
- Russia reused entity extraction · confidence 75.0
- United Arab Emirates reused entity extraction · confidence 95.0
- United States reused entity extraction · confidence 75.0
Commodity 1
- Aluminium reused entity extraction · confidence 75.0
Region 1
- Global reused entity extraction · confidence 75.0
Full linking detail
| Entity | Type | Link method | Confidence | Source article |
|---|---|---|---|---|
| Aluminium | Commodity | reused entity extraction | 75.0 | article |
| China | Country | reused entity extraction | 75.0 | article |
| Germany | Country | reused entity extraction | 75.0 | article |
| Russia | Country | reused entity extraction | 75.0 | article |
| United Arab Emirates | Country | reused entity extraction | 95.0 | article |
| United States | Country | reused entity extraction | 75.0 | article |
| Global | Region | reused entity extraction | 75.0 | article |
Why ProcIntel Rates This
Every rating below is produced from the logged facts by consistent, rules-based scoring — never from the tone or wording of the source.
Significance Significance estimates the potential procurement impact of the event, including factors such as supply, cost, operations, geography and strategic importance.
3 · Material- This type of disruption typically has a moderate procurement impact.
- Broad geographic reach — 5 distinct geographies identified.
- No specific organisation linked yet — geographies, commodities and routes do not count as organisations.
- No procurement category has been determined for this event.
- Time horizon is not yet assessed for individual Events; a standard short-term assumption is used.
Confidence Confidence indicates how reliable ProcIntel considers the event assessment based on the quality, quantity and independence of the supporting evidence. It does not measure the event's importance.
2 · Low- Reported only by secondary sources so far — no primary/official confirmation yet.
- Reported by a single source so far — not yet independently corroborated.
- Some key facts (e.g. exact date) are still missing or unconfirmed.
- Evidence was last updated within the last month.
Urgency How soon the evidence already identified for this event suggests action may be needed. Unknown means no sufficiently explicit or quantified timing evidence has been identified -- ProcIntel never infers a timeframe where the evidence does not support one.
UnknownTiming not established. No sufficiently explicit or quantified timing evidence has been identified. Procintel has not inferred urgency where timing evidence is insufficient.
Impact Direction Whether the procurement impact of this development is assessed as negative, positive, or neutral/mixed.
Neutral or MixedProvisional default — not yet reviewed.