UAE’s EGA to buy 80% stake in Italy’s Eco Green to expand recycling footprint
EGA said the acquisition would lift its global recycling capacity to more than 400,000 tonnes per year across the UAE, Europe and the US, with a further 200,000 tonnes under development
22 April, 2026
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Emirates Global Aluminium (EGA) said on Tuesday it intends to acquire an 80 per cent stake in Italian aluminium recycling firm Eco Green, as it accelerates its push into recycled metal production in Europe.
The deal, which is subject to regulatory approvals, marks the latest step in EGA’s global expansion strategy and is expected to strengthen its access to the European aluminium scrap market.
Eco Green, founded in 1993 and still led by the Scappini family, specialises in scrap collection, sorting, casting and dross processing.
The company distributes more than 70,000 tonnes of aluminium annually and serves over 60 customers across Europe, mainly in the automotive, construction and industrial sectors.
Its operations include a scrap facility in Villafranca di Verona that handles about 23,000 tonnes per year, and a nearby plant in Nogara di Verona that produces more than 20,000 tonnes of secondary aluminium annually. An expansion at the Nogara site is expected to add a further 15,000 tonnes of capacity by the second half of 2026.
EGA said the acquisition would lift its global recycling capacity to more than 400,000 tonnes per year across the UAE, Europe and the US, with a further 200,000 tonnes under development.
Chief executive Abdulnasser Bin Kalban said the deal would enhance the company’s reach in Europe and support its plans to build a larger recycling business alongside its primary aluminium operations.
EGA is expanding its international footprint
EGA has been expanding its recycling footprint in recent years, including the acquisition of Germany-based Leichtmetall in 2024 and US recycler Spectro Alloys the same year. It is also developing expansion projects at both sites.
The company typically exports more than 600,000 tonnes of primary aluminium from the UAE to Europe annually, supplying industries such as automotive and construction.
Analysts expect global demand for recycled aluminium to double by 2040, driven by lower energy use and emissions. Recycling aluminium requires around 95 per cent less energy than producing primary metal.
Europe is the world’s third-largest recycled aluminium market, and demand is projected to grow from about 4.9 million tonnes in 2025 to 7.2 million tonnes by 2033, according to industry estimates.
EGA, jointly owned by Mubadala Investment Company and Investment Corporation of Dubai, is the largest industrial company in the UAE outside the oil and gas sector and one of the world’s biggest producers of premium aluminium.

























