According to the ILO, improving occupational safety and income stability within informal recycling activities is critical for building resilient urban labour markets, particularly where waste management systems are under strain from rapid population growth.
By 2040, the Kingdom aims to divert 90 percent of all waste streams away from landfills, with specific targets of 40 percent recycling, 31 percent composting, and 16 percent waste-to-energy conversion.
By securing a stable stream of post-consumer aluminium and integrating it into Novelis’ recycling and rolling system, the company increases recycled content and reduces CO₂e emissions in line with its Vision 3×30.
The integration of Hulamin’s container division consolidates critical manufacturing capability within South Africa at a time when localisation is becoming increasingly important.
The dissolution will have no material financial impact on Gravita India’s consolidated accounts, reflecting the subsidiary’s inactive status.