Vedanta Aluminium Launches ‘Restora’, First Low Carbon ‘Green’ Aluminium from India
NEW DELHI–(BUSINESS WIRE)–#AnnanyaAgarwal–Vedanta Aluminium, India’s largest producer of aluminium and value-added products, launches ‘Restora’, its low carbon, ‘green’ aluminium brand, under which it unveiled two product lines – Restora (low carbon aluminium) and Restora Ultra (ultra-low carbon aluminium). Vedanta is the first Indian aluminium producer to manufacture products for addressing the fast-growing global demand for low carbon aluminium, driven by greater climate consciousness.
Manufactured using renewable energy, Restora’s GHG emission intensity is well below 4 tonnes of CO2 equivalent per tonne of aluminium manufactured – the global threshold for aluminium to be considered as low carbon aluminium, as per assessment by an independent, global verification assurance firm. Restora Ultra, manufactured with aluminium recovered from dross (a by-product of the aluminium smelting process), has a near-zero carbon footprint that is amongst the lowest in the world. For this, Vedanta has partnered with Runaya Refining, a fast-growing manufacturing start-up focussed on creating innovative solutions for the resources sector. Vedanta Aluminium can customize Restora into ingots, billets and other value-added products, as per customer requirements.
Rahul Sharma, CEO – Aluminium Business, Vedanta Ltd., said, “The launch of Restora marks a proud moment in our commitment to decarbonize our operations and provide our customers an unmatched competitive advantage with sustainable aluminium products. Restora has a GHG emission intensity which is almost half of the global threshold for low carbon aluminium. With consumers becoming increasingly conscious of the provenance of the products they use, Vedanta’s Restora will provide them the assurance that the aluminium they purchase has amongst the lowest carbon footprints in the world.”
Annanya Agarwal, co-founder, Runaya, added, “We are delighted to collaborate with Vedanta for creating Restora Ultra. Runaya is working towards disrupting the linear economy model by building in principles of circularity and sustainability into the design of the resources industry.”
Vedanta Aluminium Business, a division of Vedanta Limited, is India’s largest manufacturer of aluminium, producing 1.97 million tonnes per annum (MTPA) in FY21. The company ranked 4th among aluminium producers globally in the Dow Jones Sustainability Index (DJSI) in 2021. The company is on a mission to spur emerging applications of aluminium as the ‘Metal of the Future’ for a greener tomorrow.
Contacts
Sonal Choithani
Chief Communication Officer
Vedanta Limited – Aluminium Business
Email: Sonal.Choithani@vedanta.co.in
www.vedantaaluminium.com
