Respecting the environment in all company operations and acknowledging the responsibility of businesses to maintain the balance of natural resources are key issues of MYTILINEOS' approach to Sustainable Development.
Measuring our impact on the environment is a long-term process, which is evolving each year. To this end, the company takes steps to stabilise and reduce its environmental footprint, through an integrated Environmental Management System in place in all its business activity sectors and through investments in the improvement of its production processes taking advantage of new developments in related technologies, as well as by adopting and applying Best Available Techniques (BATs).
Core elements of the MYTILINEOS Environmental policy:
MYTILINEOS systematically invests in the most advanced Best Available Techniques (BATs) of environmental management, in research programs for waste management and utilization of Bauxite residues. Also, MYTILINEOS invests in renewing its production processes with new technology equipment, aiming at continuous improvement and minimization of its environmental footprint.
Investment value of €1,3 million to address the needs for the disposal of hazardous waste the 6th cell of the Controlled Landfill for Hazardous Waste, regarded as a model construction in the Greek industry, was successfully completed and is now in full operation. In parallel, the Landfill's 7th cell environmental licensing stage has been completed and its construction was finished in the first half of 2017.
This investment, with value of €4,7 million, covered the costs for the installation of a prototype pilot unit, the consumption of energy as well as the costs of consumables and personnel in order to develop a specific technology for the treatment of bauxite residues with the aim of producing pig iron and stone wool. More than 35 tonnes of bauxite residues were treated during the program. A total of 8 tonnes of pig iron were produced and tested successfully in the production of cast-iron spheres in a Serbian steel plant. The quantity of stone wool produced was successfully used as industrial insulation material within the plant.
The value of investment was €200 million. This plant is the only large-scale cogeneration plant in Greece and in the wider region of SE Europe. The plant’s operation helped directly reduce by 150,000 tonnes the annual consumption of fuel oil required to produce steam for use in the aluminium production process. The CHP Plant contributes in a highly effective way to the efforts to save on primary energy and to significantly reduce CO₂ emissions at the local, national and European level (it is estimated that in the last five years it has helped prevent the release of approximately 2,000,000 tons of CO₂ emissions).
Annual expenditures in excess of €7.5 million. The company’s policy is to secure the annual funds that allow it to implement its environmental protection policies and to ensure that all actions under them achieve the desired performance. Indicative examples in this area include the treatment and disposal of waste, the processing of air emissions, expenditures for the purchase and use of greenhouse gas emissions rights and landscape rehabilitation (landscaping, fencing, planting of trees, watering-fertilisation).