PRODUCTS
Each ton of secondary material we produce reduces large amounts of emissions, energy usage, and landfill compared to primary production.
NEWS & INSIGHTS
Opening Doors To Big Reductions – Q3, 2020 Results Show
The Romco Quarter 3, 2020 results have been released, revealing large gains in production and personal best environmental reductions (compared to raw materials mining.)
This quarter, Romco saw over three-fold production growth (367%) from Q3, 2019, with an increase of over 1,700 metric tonnes, reaching £2.8 million in total revenue.
Consistent with the mission, “recycling our way to a sustainable future,” Romco mandate that all production results be measured through the lens of environmental impact. For every tonne of secondary (recycled) materials produced, a tonne of primary sourced material is no longer required, representing a tangible number against the effects of raw materials mining.
The Numbers:
Recycling 1 tonne of aluminium saves 9 tonnes of CO2 emissions and 4 tonnes of bauxite – the raw material from which aluminium is made, 40 barrels of oil, clears 7.64 cubic metres of landfill, and saves 14,000 kilowatt hours of electricity.
How Romco Faired In Quarter 3, 2020:
Romco announced that quarter 3, 2020 production represents a net saving of 24,025 mWh of power, 8,446 kt of CO2 emissions, and 14,266 m3 of landfill clearances — clearing almost enough garbage to fill a football field up to the top of the goalposts.
Massive reduction gains are essential in achieving global sustainability and are the reason for this recyclers existence. By replacing aluminium and copper stock with more recycled materials, Romco is part of the solution in the region to environmental and ecological problems.
Quarter 3, 2020 has shown strong evidence for the feasibility and profitability of the emerging markets recycling model and reinforces the need for more investment in the sector.
Romco can report that further environmental reductions, production gains, and financial success is expected in q4, 2020, with an additional furnace in Nigeria and the entire production plant in Ghana yet to come online.
MORE NEWS FROM ROMCO
Romco Group is expanding its recycling activities from aluminium into copper at its facility in Lagos, Nigeria, the company said on Tuesday March 28, to help with the global push for a zero-emissions “circular economy.”
The launch of the UK Battery Strategy is a landmark moment in our journey towards a sustainable future. As a UK-based company with extensive non-ferrous metals recycling operations in the emerging markets of Africa, Romco hails the UK Government’s ambitions in this sector.
Romco’s journey exemplifies how industrial enterprises can significantly contribute to environmental sustainability. By intertwining operational excellence with environmental stewardship, Romco is not only redefining its corporate identity but is also making a compelling case for the adoption of recycling practices within the broader industrial sector. Through PureCycle™, Romco is not...
Romco Group is proud to announce they have been selected by HolonIQ as part of their Europe Climate Tech 200 – an annual list comprising of Europe’s most promising Climate Tech startups.
