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The European Commission cleared the formation of Cablo GmbH, a joint venture between Aurubis AG (40%) and TSR Recycling GmbH & Co. KG (60%), to unite cable dismantling activities in Fehrbellin and Gelsenkirchen.
The European Commission cleared the planned joint venture between Aurubis AG and TSR Recycling GmbH & Co. KG, named Cablo GmbH, to unite cable dismantling activities in Fehrbellin and Gelsenkirchen. TSR will hold 60% and Aurubis 40%.
Aurubis AG and TSR Recycling GmbH & Co. KG signed a joint venture agreement to combine their cable recycling activities under the name Cablo GmbH. TSR will hold 60% and manage operations, while Aurubis holds 40%. The venture will recover copper granules and plastics from cable waste.