Premium luggage brand Carl Friedrik has expanded its aluminium collection with the launch of the aluminium Check-in, a 76-litre suitcase designed for longer trips and international travel. Priced at USD 1,095, the new suitcase features a hard-wearing anodized aluminium shell, TSA-approved combination locks, and 360-degree ball-bearing wheels designed for smooth movement. The Check-in model follows the launch of the smaller aluminium Carry-On in March. According to the source, the Carry-On sold out within eight weeks, prompting Carl Friedrik to expand the aluminium range with a larger case. The new suitcase retains several features from its smaller counterpart while adding capacity for travelers who need more space. It is currently available in silver with black, cognac, or chocolate trim....
Hindalco Industries Limited, Muri Works has achieved ASI Performance Standard V3.1 (2023) for alumina refining activities at the Hindalco Industries Ltd Muri Works facility, located in Muri, Jaharkland District India. Aluminium Stewardship Initiative (ASI) today announced that Hindalco Industries Limited, Muri Works (India’s first Alumina Refinery, established in 1948) has been certified against the ASI Performance Standard V3.1 (2023). The major manufacturing processes undertaken at the Entity includes crushing, grinding, digestion, clarification, precipitation and calcination. The current alumina refining rated capacity is 450 kilotonnes per annum. The ASI Certification program was developed through an extensive multi-stakeholder consultation process and is the only comprehensive...
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Trimet Aluminium SE is set to boost production at its smelters in France and Germany to full capacity over the next year, signalling a recovery for the European aluminium industry amid declining energy costs. During the energy crisis, the continent's aluminium sector faced severe challenges, with over half its capacity shuttered due to soaring power prices. As one of the most energy-intensive metals to produce, the electricity cost during the crisis's peak in countries like France was more than five times higher than what smelters could earn from selling aluminium. According to Bloomberg calculations, the cost would make up approximately 25 per cent of the price, considering spot prices and the usual power requirements for aluminium production, which are about 40 times higher than those...
The Germany-based recycling solution provider saperatec has officially inaugurated its facility in Dessau, Saxony-Anhalt, a strategic location for the production of secondary plastic and aluminium from composite packaging waste. The opening ceremony was attended by Sven Schulze, the Minister for Economic Affairs, Tourism, Agriculture, and Forestry of the State of Saxony-Anhalt, along with numerous partners and guests. About the facility At this new facility, industrial-scale recycling of plastic/aluminium composite films from beverage cartons and other composite packaging waste will occur. Beverage cartons are primarily composed of fibre, plastic, and aluminium layers. The fibre component from beverage cartons collected in Germany has been recovered and used to produce cardboard packaging...
Recently, the vibrant landscape of timepieces has experienced a colourful renaissance, with hues ranging from bold and dramatic to subtle and refined. Amidst this spectrum of colours in 2024, white has notably stood out. Emblematic of sophisticated minimalism, this monochromatic aesthetic exudes elegance and versatility, pairing seamlessly with any attire. Bulgari's newly unveiled Aluminium White Automatic exemplifies this trend. Initially introduced in 1998, the Bulgari Aluminium collection is renowned for its unconventional yet sporty blend of an aluminium case and rubber strap. The watch is crowned by a distinctive rubber bezel emblazoned with the iconic "Bvlgari Bvlgari" signature that debuted on a Bulgari timepiece in 1977. The Aluminium White Automatic showcases a sleek aluminium...
Alcoa, a Pittsburgh-based industrial corporation and the global industry leader in bauxite, alumina , and aluminium products, celebrates 59 years of aluminium excellence in Brazil. Alcoa marked 59 years of operation in Brazil on May 14, commemorating the occasion with investments in cutting-edge segments crucial for the energy transition across its operational facilities in Juruti (PA), Alumar (MA), and Poços de Caldas (MG). In pursuit of the Net Zero goal by 2050, the company has infused R$1.3 billion into sustainable projects over the past two years. These investments span various stages of transformation, from bauxite extraction to refining and reduction processes, to phase out fossil fuel usage and mitigate climate change. In Poços de Caldas, Alcoa's first unit in Brazil, the company...
Aluminium Stewardship Initiative has reportedly recognised INNOVATION New Material Technology Co., Ltd. for its sustainable production process across its value chain by presenting the Performance Standard V3 (2022) Certification. The company has received certification for its Suzhou Chuangtai Alloy Material Co., Ltd. facility in Suzhou City, Jiangsu Province, China, where un-forged aluminium alloy billets and profiles are produced through melting, casting, cutting, homogenising, profile extruding , and computer numerical control machining. The facility has an annual production capacity of 250,000 tonnes for casting and 60,000 tonnes for extrusion. Innovation New Material Technology Co., Ltd., formerly Beijing Hualian Hypermarket Co., Ltd., is a China-based company principally engaged in...
Eternia, India's first WiWA-tested brand offering aluminium doors and windows made Duranium™, invented by Hindalco, is on an ambitious expansion journey across the nation. In the past three months alone, Eternia has proudly unveiled experience centres in key cities such as Indore, Gorakhpur, Kanpur, Lucknow, and Kolkata, marking a significant stride in its growth strategy. The new experience centres This rapid expansion of new experience centres is a testament to Eternia's unwavering dedication to its customers. By strategically extending its reach beyond Tier 1 cities, Eternia is making it more convenient for its diverse customer base to access its top-notch aluminium doors and windows. This move is a clear demonstration of Eternia's commitment to providing a seamless and satisfying...
In a strategic move to enhance its market footprint, on May 17, 2024, ABB announced the acquisition of Siemens' wiring accessories business in China. This acquisition is set to significantly broaden ABB's reach and strengthen its customer offerings in the smart buildings sector within the region. ABB is a technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. The integration of Siemens' established business in China aligns with ABB's ongoing commitment to innovation and customer-centric solutions. This acquisition reinforces ABB's position in the market and promises to deliver enhanced value to customers seeking advanced smart building technologies. With this expansion, ABB continues solidifying its industry leadership, leveraging...
LME aluminium opened at US$2,596 per tonne in the previous trading day, with its low and high at US$2,563 per tonne and US$2,627 per tonne respectively before closing at US$2,588 per tonne, down 0.46 per cent. As per the London Metal Exchange market , on Thursday, May 16, the LME aluminium cash bid price and LME aluminium official settlement increased by US$8.50 per tonne or 0.34 per cent and US$9 per tonne or 0.35 per cent to halt at US$2,537.50 per tonne and US$2,538.50 per tonne. On the same day, the 3-month bid price and 3-month offer price spiked by US$19 per tonne or 0.74 per cent and US$17.50 per tonne or 0.68 per cent to arrive at US$2,594 per tonne and US$2,594.50 per tonne. The December 25 bid price and December 25 offer price expanded by US$8 per tonne or 0.29 per cent to rest...
Aluminium Bahrain B.S.C. (Alba) has posted an uptick in its operational performance but a downfall in financial results for the first quarter (Q1) of 2024 ended March 31. The company’s profits and comprehensive income decreased year-on-year despite increased production and sales. Financial output As Alba announced, its Q1 2024 profit stood at BD24.5 million (US$65 million), reflecting a 48 per cent year-on-year decrease from BD47.5 million (US$126.2 million). The company’s basic and diluted earnings per share were fils 17 during Q1 2024 versus fils 34 a year ago. Total comprehensive income for Q1 2024 amounted to BD27.7 million (US$73.6 million), down by 25.34 per cent from BD37.1 million (US$98.7 million) during Q1 2023. Gross Profit came in at BD57.3 million (US$152.3 million) during Q1...
In a significant move, U.S. President Joe Biden has announced a sharp tariff increase on $18 billion worth of Chinese goods. This policy shift opens a substantial window of opportunity for India to boost its exports to the American market. Industry experts and market analysts highlight that India could significantly increase its supply of aluminium, steel, and medical goods—including facemasks, PPE, syringes, needles, and gloves—to the U.S. This potential surge in Indian exports comes amid strengthening bilateral economic ties between India and the United States. During Prime Minister Narendra Modi's state visit to the USA in June 2023, both nations agreed to end all outstanding bilateral trade disputes pending at the World Trade Organisation. This historic resolution paves the way for...
On Friday, May 17, the A00 aluminium ingot price in China has gained RMB 40 per tonne to settle at RMB 20,720 per tonne, with the spot contract price expected to be traded at a discount price of RMB 100 to RMB 60 per tonne. On the same day, the average prices may orbit between RMB 20,700 per tonne and RMB 20,740 per tonne. As per the SMM data, the price surged by RMB 2,330 per tonne Y-o-Y from RMB 18,390 per tonne recorded on May 17 2023. As of today, the prices have ascended in all the provinces. In Shenyang, Tianjin and Linyi the prices have added RMB 40 per tonne to rest at RMB 20,640 per tonne, RMB 20,670 per tonne and RMB 20,720 per tonne. In Chongqing and Gongyi the A00 aluminium ingot prices have grown by RMB 20 per tonne to stand at RMB 20,650 per tonne and RMB 20,610 per tonne....
PT Indonesia Asahan Aluminum (Inalum) has once again proven its mettle by securing accolades at the 2024 BUMN Entrepreneurial Marketing Awards. Recognised as The Most Promising Company in Tactical Marketing in the Silver category, Inalum's success is a testament to its commitment to the aluminium industry at both domestic and global levels. Inalum's Executive Vice President Group Commercial and Supply Chain Management Gusti Fauzi M Gafli on stage Inalum's Business Development Director, Melati Sarnita, acknowledged this achievement as a reflection of the relentless efforts of the entire Inalum team. "This award symbolises the hard work and dedication of all Inalum employees in strengthening our company across various dimensions," Sarnita expressed in a statement. She extended gratitude to...
Marking a new era for its premium devices, Motorola unveils the stunning and balanced edge family line-up: motorola edge 50 ultra, motorola edge 50 pro, and motorola edge 50 fusion. Featuring a slim sandblasted aluminium frame, Corning® Gorilla® Glass Victus®, and IP68 underwater protection, the premium design ensures both aesthetic appeal and durability. Consumers can confidently take this device anywhere without compromising on style or reliability. Powered by moto AI, the advanced camera system of the edge 50 ultra delivers phenomenal performance enhancements in photography and videography. The innovative Photo Enhancement Engine simplifies capturing flawless photos with every click. No expertise is required; leveraging AI, it seamlessly integrates settings from various shooting modes...
International technology group Andritz has initiated a comprehensive refrigerator recycling line at the Derichebourg España facility in Madrid. This innovative plant, designed to process up to 120 refrigerators containing CFCs and VHC (pentane) per hour, stands as a testament to advanced recycling technology and environmental stewardship. The core of the newly established line is the ADuro QZ shredder, a marvel of modern engineering. Operating as a fully sealed system, it utilises impact forces to disassemble refrigerators into their constituent components. This meticulous separation ensures that valuable materials, including iron, copper, aluminium, plastics, and polyurethane foam, are efficiently recovered for reuse. Aluminium, in particular, is notable for its ability to be recycled...
Hydro Aluminium UK Ltd, a prominent subsidiary of the global aluminium giant Norsk Hydro, has showcased its unwavering dedication to health and safety, achieving significant recognition in the UK's premier health and safety awards. At the RoSPA Awards, Hydro Aluminium UK Ltd garnered a Gold Achievement Award and the Best New Entry Award, reflecting its exemplary health and safety standards and innovative initiatives. Hydro Aluminium UK's dual accolades from The Royal Society for the Prevention of Accidents (RoSPA) highlight the company's robust health and safety management systems. The Gold Achievement Award underlines the company's comprehensive approach to health and safety, meticulously documented and demonstrated over the past year. Initiatives such as safety stand down days, a family...
With the rapid advancement of human civilisation, air pollution and greenhouse gas (GHG) emissions have posed a significant threat to humanity for years. Energy conservation and emission reduction have become crucial priorities in the transportation industry. According to AL Circle's report, "Global Aluminium Industry Outlook 2024," aluminium usage in the transportation sector was 27.5 million tonnes in 2023. This demand is expected to increase to 28.2 million tonnes in 2024.Today, millions of people and tonnes of goods are transported on trains yearly because they are the most efficient, convenient, and comfortable means of transportation. Since their inception during the Industrial Revolution of the 19th century, railways have undergone constant development to increase their efficiency,...
In response to the United States' decision to hike tariffs on Chinese aluminium and steel, Canada has made a firm commitment to shield its market from becoming a secondary channel for diverted Chinese products. As the U.S. increases tariffs on specific Chinese imports to 25% from 7.5%, affecting over $1 billion worth of goods, Canada vows to protect its industry from the potential influx. Navpreet Chhatwal, communications adviser for Finance Minister Chrystia Freeland, emphasised Canada's robust trade-remedy system, designed to thwart dumped and subsidised imports. This measure aims to safeguard Canadian workers and the aluminium sector from unfair competition. Although Freeland's office is still evaluating the American tariffs, they have not ruled out further actions to prevent market...
Alcoa Australia is strengthening its enduring dedication to safeguarding, revitalising, and disseminating knowledge about the forest by establishing a dedicated research centre. Over the next five years, the Forest Research Centre will receive $9.9 million in research funding from Alcoa, in connection with the company's bauxite mining activities in specific regions of the Northern Jarrah Forest in Western Australia's Darling Range. Alcoa is expanding its internal environmental research team from 4 to 11 members and enhancing existing facilities across various locations in WA to bolster its research initiatives. Tanya Simmonds, Interim Vice President of Operations in Australia, expressed that the Forest Research Centre will leverage the extensive research conducted over decades, which has...
