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IMCO RECYCLING INCREASES PRODUCTION, COMPLETES CAPITAL SPENDING PROGRAM

IMCO RECYCLING INCREASES PRODUCTION, COMPLETES CAPITAL SPENDING PROGRAM
 IRVING, Texas, Jan. 14 /PRNewswire/ -- IMCO Recycling Inc. (NYSE: IMR) said it is now operating its two largest production facilities at 100 percent capacity because of greater demand for its aluminum recycling services. The company also said it has completed a $3.7 million upgrading and expansion program at one of these facilities located at Rockwood, Tenn.
 Ralph L. Cheek, chairman and chief executive officer, said, "Rockwood's increased and highly efficient capacity will be used to expand our share of the aluminum recycling market. We expect both Rockwood and our Morgantown, Kentucky plant to operate at full capacity for at least the first half of 1992 and for the company to set a new production record during this period."
 Cheek attributed the higher demand for the company's recycling services to "customer satisfaction with the excellent metal recovery and product quality our plants are achieving, to IMCO's ability to deliver molten metal to them and to greater production of aluminum can stock by our customers."
 The capital spending program at Rockwood involved installation of state-of-the-art shredding and delacquering equipment that increases the plant's ability to recover metal from used beverage cans and improves the quality of metal generated from that process. In addition, a new recycling furnace installed at Rockwood has raised the facility's annual capacity by 20 percent.
 Cheek said the program "was carried out to better serve the needs of large aluminum can stock producers which are supplied by the facility. Production trials of the new delacquering line coupled with IMCO's efficient melting process have resulted in better than expected recoveries of high-quality aluminum," he said.
 Installation of the new furnace at Rockwood raised the total annual capacity of IMCO's three plants to 535 million pounds, more than double the company's capacity three years ago.
 IMCO Recycling is the world's largest independent recycler of aluminum beverage cans and their by-products and is the nation's only publicly owned firm whose activities are concentrated in the aluminum can recycling market.
 -0- 1/14/92
 /CONTACT: Paul V. Dufour of IMCO Recycling, 214-869-6575/
 (IMR) CO: IMCO Recycling Inc. ST: Texas IN: SU: SH -- NY011 -- 9400 01/14/92 09:09 EST
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Publication:PR Newswire
Date:Jan 14, 1992
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