General – Low-carbon Product
Alcoa Corporation announced that it is supplying low-carbon EcoLumTM aluminum to Hellenic Cables.
Hellenic Cables, the cables segment of Cenergy Holdings operates five manufacturing plants across three countries and manufactures power, telecommunication, and submarine cables, and compounds.
The EcoLum brand is part of Alcoa’s SustanaTM 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.
“We are very proud to partner with Hellenic Cables and assist them in their stated mission to develop a sustainable energy future,” said Kelly Thomas, Alcoa’s Executive Vice President and Chief Commercial Officer. “We know that aluminum is a key material for a more sustainable future, and we are the company to deliver with responsible production from mine to metal, all backed by excellent quality and strong customer service.”
Produced at hydroelectric-powered aluminum smelters, EcoLum aluminum has no more than 4.0 metric tons of CO2e emissions for every ton of metal produced, including both direct and indirect emissions (scope 1 and scope 2) across the entire production chain, including bauxite mining and alumina refining.
Alexis Alexiou, CEO of Cenergy Holdings and Hellenic Cables, said Hellenic finds strong alignment with Alcoa’s strategic priority to advance sustainably.
“Hellenic Cables is committed not only to reducing its own operational emissions, but to also drive decarbonization activities across the entire business’ areas of influence,” Alexiou said. “Alcoa is a key enabler that contributes efficiently in this direction. We prioritize the urgency of deep and immediate mitigation actions, hence EcolumTM minimizes our environmental impacts and enhances the value of our products.”
