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AMSTERDAM, Sept 2 (Reuters) – Dutch aluminium maker Aldel on Friday said it was moth-balling the remaining capacity at its facility in Farmsum, citing continuing high energy prices and a lack of government support.
“A controlled pause makes it possible for (Aldel) to be ready to start production again when circumstances improve,” the company said in a statement.
The company had halted primary production in Delfzijl in October 2021 but continued production of recycled aluminium. L1N2R4110
Aldel, the Netherlands’ only producer of primary aluminium, has capacity to produce 110,000 tonnes of primary aluminium and 50,000 tonnes of recycled aluminium annually.
After a bankruptcy and changes of ownership in recent years, the company has around 200 employees. Its full name is Damco Aluminum Delfzijl Cooperatie U.A.
(Reporting by Toby Sterling; editing by Jason Neely)
((toby.sterling@thomsonreuters.com; +31 20 504 5002;))
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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