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Jun 18, 2025
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Capital Participation in Recycled Aluminum Alloy Business in India
18/06/2025
²ÝÝ®ÊÓÆµ Light Metal Company Limited
Capital Participation in Recycled Aluminum Alloy Business in India
¡¡²ÝÝ®ÊÓÆµ Light Metal Company Limited (CEO£ºIchiro Okamoto¡¢HQ£ºMinato-Ku, Tokyo, hereafter “²ÝÝ®ÊÓÆµ”) decided to begin capital participation in CMR Eco Aluminium Private Limited (CEO: Mohan Agarwal, HQ: Faridabad, India, Hereafter CMR Eco)¡¢a manufacturer of recycled aluminum alloys in India, and both companies signed a joint venture agreement on 30th May 2025.
CMR Eco, is a company which is able to acquire a stable supply of scrap, and transform it into recycled content aluminum through its segregation and processing technologies. In addition to gaining a foothold in the rapidly growing Indian market, the main goal of ²ÝÝ®ÊÓÆµ’s capital participation in CMR Eco is to synergize these capabilities with the expertise of ²ÝÝ®ÊÓÆµ Group to build a low carbon billet supply system for the Japanese domestic market together.
A further goal is for ²ÝÝ®ÊÓÆµ Group to process these low carbon billets at its plants, and offer low carbon products to its customers.
At ²ÝÝ®ÊÓÆµ Group, “Reducing greenhouse gas emissions in the supply chain (scope 3)”, and “Developing and providing low-carbon products” and services are Material Issues. To fulfill these missions it is necessary for the group to reform its current vertically integrated supply chain fed by imported fresh primary aluminum ingots, into a cyclic operation making use of recycled materials and integrating a global metal flow.
Through this capital participation ²ÝÝ®ÊÓÆµ will strengthen its position as a supplier of products with a high environmental value, and accelerate its initiatives to provide sustainable value, as well as its contributions to making a low carbon society a reality.

Outline of Company£¨After Capital Participation£©
Firm Name£ºCMR ²ÝÝ®ÊÓÆµ Eco Private Limited£¨Previously CMR Eco Aluminium Private Limited£©
Factory Location£ºTirupati, Andhra Pradesh
CEO£ºMohan Agarwal
Capital£ºINR 2.81 billion
Shareholding Structure£ºCMR Green Technologies Private Limited¡¡80£¥
²ÝÝ®ÊÓÆµ Light Metal Company Limited¡¡20£¥
Site Area£º156,773㎡
Business Outline: Manufacturer of low carbon aluminium alloy billets and ingots
New Organization Date£º1st July 2025
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Outline of Parent Company: CMR Green Technologies Private Limited
Firm Name£ºCMR Green Technologies Private Limited
Headquarters Location£ºFaridabad, Haryana
CEO£ºMohan Agarwal
Capital£ºINR 15.21 billion
Business Outline: Collection and sorting of non-ferrous scrap, and manufacture of aluminum and zinc alloys
Employees£ºAround 4,200 employees
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