Romco Group specializes in the recycling of post-consumer metals, utilizing a proprietary process to produce secondary materials with zero primary extraction, significantly reducing carbon emissions and landfill waste. The company addresses the global reliance on raw materials mining by providing sustainable metal resources in emerging markets, capable of producing 2,100 metric tonnes per month.
Funding
$6.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
The extraction of raw metals to create new products results in significant environmental damage, including high carbon emissions, pollution, and landfill waste. Traditional metal production methods rely heavily on mining, which depletes natural resources and disrupts ecosystems.
Solution
Romco Group addresses the environmental impact of primary metal production by specializing in the recycling of post-consumer metals. Utilizing a proprietary ultra-low carbon process, Romco produces secondary materials, including aluminum and copper ingots, with 100% post-consumer scrap content. This approach significantly reduces carbon emissions, energy consumption, and landfill waste compared to primary metal production. Romco's PureCycle™ ingots guarantee sustainable sourcing, with emissions up to 95% less than the average primary aluminum ingot. The company's production process is fully traceable and certified by an independent third party, ensuring the chemical composition of produced alloys is accurate.
Target Audience
Romco's primary customers include manufacturers in the automotive, aeronautical, construction, medical, food & beverage, and fittings industries seeking sustainable metal resources.
Features
- Production of PureCycle™ aluminum ingots with 100% post-consumer scrap content
- Ultra-low carbon footprint production process using CNG for heating furnaces
- Chemical analysis laboratory equipped with high-accuracy spectrometer for quality control
- Customizable ingot molds for various manufacturing applications
- Third-party verification of product specifications
- Expansion into copper recycling operations
- Partnership with Elemental Group for multi-metal recycling in Africa