Economic Development Opportunities through Aluminum Recycling

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Economic Development Opportunities through
Aluminum Recycling

• Subodh Das
• President CEO, Secat, Inc.
• Executive Director, Center for a Sustainable
  Aluminum Industry
• Director, Center for Aluminum Technology
• University of Kentucky
• GOLD Conference
• August 4, 2005

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Sloan Industry Center- Synergy of Partnership
Clark Distributing Co.
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Why Aluminum Beverage Can?
1 change in recycling rate has an economic
impact of approximately 12 million
Trashed cans contribute about 600 million to the
nations trade deficit each year
National Aluminum Beverage Can Recycling Rate
Trends. (Source Aluminum Association)
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Recycling as an Economic Development Initiatives

• Kentucky has one of the largest concentration of
  aluminum facilities in the US.
• Recycling of aluminum beverage can is crucial in
  sustaining Kentuckys aluminum industry.
• Most of Kentuckys aluminum facilities rely on
  secondary (recycled) aluminum.
• Increasing recycling rate will grow existing jobs
  and bring high paying, knowledge based jobs and
  modern aluminum plants to Kentucky.

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Potential Economic Development Opportunities

• By increasing the aluminum recycling rate by 1
• Economic savings 12 million dollars per year
• Produces 40 million pounds of aluminum per year
• Enables the construction of one recycling plant
• Cost of building a recycling plant in Kentucky is
  12-15 million dollars,
• Employing 120 people
• Average salary of 50,000 per year
• Contributes to savings of 1 trillion BTU of
  energy per year
• Lowers the national trade deficit by 12 million
  dollars per year