HALCOR SA

Aim of this program is the use of more and more quantities of several used metals (scrap) as raw materials.

This program concerns the interal environment of the company.

The use of old metals as a raw material is a continuous program of HALCOR with consistency during time.

The Company's key raw material is copper. One overriding objective for the Company is to use raw and ancillary materials with the maximum degree of efficiency since an increase in efficiency leads, among other things, to a reduction in the waste generated. HALCOR also ensures that it meets a significant part of its copper needs by utilizing used metals whose life cycle is over (scrap metal) thereby combining economic efficiency with a reduced environmental footprint in the best possible way. HALCOR achieves significant reduction of its impacts to the natural environment, by means of reduction in use of natural resources, as well as by means of energy consumption, water consumption and atmospheric emissions etc. HALCOR is Greece’s largest recycler of copper and its alloys. In 2013, 67% of metals used in the HALCOR production process (along with in-house returns) came from recycled metals.

There is no cooperation with other association.

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Oinofita, Viotia – HALCOR’s Recycling - Melting plant

From 2007 to 2013, HALCOR recycled large quantities of metal, making it Greece's largest recycler of copper and its alloys, thereby achieving a significant saving in natural resources and energy and a cost reduction. The use of third party scrap at HALCOR has significantly increased over recent years, from 19% in 2007 to 58% in 2013, resulting in a major drop in the Company’s impact on the natural environment. The savings in energy compared to the amount required for primary production of the same quantity of copper are estimated at 1,451,658 MWh* at least, which equates to the energy consumed each year by a town of 250,000 residents (computed using the EU average).

Benefits occurring by scrap use are very important, since this way cost reduction with environmental protection are being combined. This way HALCOR achieves to buy raw materials in a lower cost, while, in parallel, it reduces the environmental impact by its operation. The use of third party scrap at HALCOR has significantly increased over recent years, from 19% in 2007 to 58% in 2013, resulting in a major drop in the Company’s impact on the natural environment. The savings in energy compared to the amount required for primary production of the same quantity of copper are estimated at 1,451,658 MWh* at least, which equates to the energy consumed each year by a town of 250,000 residents (computed using the EU average).