Silgan Holdings and funds affiliated with American Industrial Partners (AIP) are set to acquire Trivium Packaging in an all-cash deal valued at approximately $3.4 billion. The transaction will combine Trivium’s aluminum and metal packaging operations with Silgan’s Metal Containers’ aluminum and steel segment and food and beverage flat cap closures businesses, creating Silgan Metal Containers and Closures (MCC), a global aluminum packaging business valued at $7.3 billion. Silgan will hold a 60% stake in the new entity, while AIP will own the remaining 40%. Operations will be concentrated primarily in North America and Europe. To learn the future of aluminum in the packaging industry, explore our report " ALuminium in Packaging: Consumer Trends and Market Dynamics " Deal structure and...
India’s aluminium beverage-can industry has fallen around 300 million cans short of its planned additional production, as rising demand and supply constraints continue to challenge domestic manufacturers. The government has extended the mandatory Bureau of Indian Standards (BIS) certification deadline for aluminium beverage cans to 2027, giving manufacturers more time to expand production and secure packaging supplies ahead of the summer season. The revised deadlines, notified last week according to an industry executive cited by The Economic Times, replace the earlier October 31 deadline. Large enterprises must comply from April 1, 2027, small enterprises from July 1, 2027, and micro enterprises from October 1, 2027. The extension comes as beverage brands, including Diet Coke and some...
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Remote-controlled demolition machines are becoming more common in foundry operations as companies look for ways to improve workplace safety and reduce physically demanding maintenance work. According to Brokk, robotic demolition systems allow workers to operate equipment from a safer distance instead of carrying out hazardous manual tasks directly inside foundry environments. The company said the technology can help reduce the risks linked to handheld equipment, which often exposes workers to heavy vibration, dust, falling material and injury hazards. Fracture injuries remain one of the more common problems faced by operators using traditional handheld demolition tools, with workers reportedly missing an average of 32 days of work after such injuries. Brokk said remote-controlled machines...
Press Metal Aluminium Holdings posted a record net profit of MYR 624.5 million for the first quarter ended March 31, 2026 (Q1 FY2026), up 35.2 per cent from MYR 461.77 million a year earlier, extending its streak to a third consecutive quarter of record earnings. The aluminium smelter said stronger aluminium prices, higher sales volumes and lower input costs supported the earnings growth. Quarterly revenue rose 5.2 per cent to MYR 4.1 billion, driven by improved delivery volumes and firmer realised aluminium prices . The group declared a first interim dividend of 2.5 sen per share, payable on June 30, representing a payout ratio of 33 per cent. On a quarter-on-quarter basis, profit before tax increased 9.6 per cent, supported by firmer metal prices despite the ringgit strengthening...
The London Metal Exchange (LME) aluminium prices edged lower on the May 28 session compared to May 27. While cash prices recorded a marginal decline, the 3-month closing reference price continued its upward movement. The LME aluminium cash bid price slipped 0.08 per cent from USD 3,737.5 per tonne on May 27 to USD 3,734.5 per tonne on May 28. The cash offer price also eased 0.08 per cent from USD 3,738 per tonne to USD 3,735 per tonne. LME aluminium 3-month prices eased on May 28 compared with the previous session, with the bid price declining by 0.68 per cent to USD 3,638 per tonne from USD 3,663 per tonne on May 27. The 3-month offer price also slipped by 0.66 per cent to USD 3,640 per tonne from USD 3,664 per tonne. Longer-dated aluminium contracts also edged lower. The Dec-27 bid...
Atlas Metals Group has issued new shares as the company continues work on its planned acquisition of Universal Pozzolanic Silica Alumina Ltd. The acquisition is expected to expand Atlas Metals’ presence in industrial minerals. According to the company, 3,368,394 new ordinary shares were issued following a partial conversion of its Yorkville-managed funding facility, along with additional issuance under its at-the-market arrangement with Axis Capital. Atlas Metals said proceeds raised through the share issuance will mainly be used to repay part of the existing funding facility and support financing linked to the proposed acquisition. Explore: The most comprehensive and forward-looking industry-focused report – Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows &...
Fresh talks around the United States-Mexico-Canada Agreement (USMCA) are set to begin as tariffs on aluminium, steel and other goods continue to create uncertainty across North America. Jamieson Greer said tariffs will likely remain in place as long as the United States continues running a trade deficit with major trading partners. The comments come ahead of a broader USMCA review scheduled for July, with negotiations involving Mexico beginning this week in Mexico City. The current tariff environment is already affecting industries across the region, especially sectors tied to aluminium, steel, autos and manufacturing supply chains. The United States currently maintains 50 per cent tariffs on Canadian aluminium and steel imports, including products that comply with USMCA rules. In...
India and the US have signed a new framework agreement focused on rare earths and critical minerals as both countries push to strengthen supply-chain security and reduce dependence on China. The agreement was signed during the Quad foreign ministers’ meeting and covers cooperation across the full critical minerals chain, including mining, processing, refining and recycling. The framework also includes plans for joint investment, infrastructure development and financing support tied to strategic mineral projects. Officials said the partnership is intended to support industries such as clean energy, semiconductors, electric vehicles and defence manufacturing. The deal comes after China’s export restrictions on rare earth magnets in 2025 exposed vulnerabilities across global technology and...
Saint-Gobain is discontinuing production of its Alumina-Zirconia-Silica (AZS) line at the SEFPRO facility in Falconer, a move that will result in the loss of 79 union and salaried positions linked to the operation. Production on the AZS line is expected to end in August, according to a company statement released on Wednesday. The Falconer facility, formerly known as Monofrax, will continue operating its remaining product lines despite the shutdown. “This will not impact every product line at Falconer, and the facility will continue the production of its remaining product lines,” the company stated. “This decision comes after careful consideration and evaluation of Saint-Gobain’s core business goals and is in line with the company’s mission and strategy. The company values and thanks all...
Sunkind India is set to take its next step in the renewable energy business by beginning the manufacturing of solar modules. The company has already installed a 1 GW production line near Jaipur in Rajasthan. The facility is expected to start commercial operations in June, once the ongoing trial phase is complete. Until now, the firm has mainly worked on solar EPC projects along with independent power producer projects for commercial and industrial customers. According to the company, manufacturing modules in-house will help improve project execution and reduce dependence on outside suppliers. Managing Director, Hanish Gupta, said the company has also secured the supply of solar cells needed for the new manufacturing business. Sunkind has signed an agreement with a domestic manufacturer...
Authorities in Ukraine’s Mykolaiv region are considering launching a pilot project to use industrial sludge, including possible alumina red sludge, in road construction after experimental testing in South Korea reportedly showed positive durability results. The proposal was discussed by Mykolaiv Regional Military Administration head Vitalii Kim during a broadcast with Media Center Ukraine following his visit to South Korea. According to Kim, cooperation with Korean companies has been ongoing since 2023, during which Ukraine supplied industrial sludge samples for testing in road-building technologies. Kim said an experimental road section built in South Korea using the material remained stable for around a year, encouraging authorities to consider similar applications in Ukraine once the...
As AGI Greenpac starts working on its expansion in sustainable packaging, the company appoints Mr Dushyant Kumar as Chief Operating Officer for its aluminium cans division, strengthening its leadership team to drive future growth ambitions. Kumar has over three decades’ experience in metal packaging and beverage cans, having worked across a wide range of operational and commercial roles in his career. His previous leadership experience at Canpack India, coupled with a strong engineering background and exposure to international markets, will give him the experience to lead the company’s next phase of growth in this fast-growing category. The appointment comes as AGI Greenpac is expanding its footprint beyond glass packaging to aluminium cans, a category that is witnessing rapid growth in...
Japan’s automobile industry is facing growing concerns as disruptions in Middle Eastern aluminium supplies continue to push prices higher, increasing procurement costs and raising fears of specialised alloy shortages through 2027. The country is considered one of the most exposed to the disruption because of its dependence on aluminium and alloy imports from the Middle East. Based on 2024 UN Comtrade data, Japan is the most reliant on the region among the world’s five largest aluminium importers. The Middle East currently supplies around 30 per cent of Japan’s aluminium and aluminium alloy imports, making the country particularly vulnerable as supply disruptions tighten the global market. Following rising geopolitical tensions since the end of February, aluminium prices on the London...
Odisha Chief Minister Mohan Charan Majhi on Wednesday held discussions with Anil Agarwal regarding the progress of Vedanta Group’s proposed projects in the state, which together involve investments of more than INR 100,000 million (USD 10,400 million). The meeting reviewed several key projects planned by Vedanta Group, including a 6 million tonnes per annum alumina refinery in Rayagada, a 3 MTPA aluminium smelter and a 6,000 MW power plant in Dhenkanal. The discussions also covered plans for a downstream aluminium park and integrated coal and bauxite operations linked to the broader project pipeline. According to the Chief Minister, the state government will now review progress on Vedanta’s projects every 15 days to ensure faster execution and timely commencement of work. Majhi said the...
LME aluminium prices eased on May 27 compared to the previous session, while December 2027 contracts moved higher and cancelled warrants increased sharply. The LME aluminium cash bid price stood at USD 3,737.5 per tonne on May 27, down 0.55 per cent from USD 3,758 per tonne on May 26. The cash offer price slipped 0.56 per cent to USD 3,738 per tonne from USD 3,759 per tonne a day earlier. LME aluminium 3-month prices also declined. The 3-month bid price fell 0.46 per cent to USD 3,663 per tonne on May 27 from USD 3,680 per tonne on May 26, while the 3-month offer price dropped 0.49 per cent to USD 3,664 per tonne from USD 3,682 per tonne. In contrast, longer-dated contracts strengthened. The December 2027 aluminium bid price rose 0.40 per cent to USD 3,265 per tonne on May 27 from USD...
Rising aluminium prices linked to the conflict in the Middle East are increasing costs for the US solar industry, adding fresh pressure on developers already dealing with higher silver prices, tariffs and policy uncertainty. Commercial solar companies in the United States are reporting higher installation costs as disruptions linked to the Iran conflict affect aluminium supply chains and increase the cost of solar mounting systems. Aluminium is widely used in rails, clamps and brackets that support solar panels. Damage to refining facilities in the Gulf region and shipping disruptions through the Strait of Hormuz - a route that handles more than 5 million tonnes of aluminium annually - have pushed aluminium prices sharply higher in recent months. London Metal Exchange aluminium prices...
Rare earth companies in the United States are seeing new investor interests after the Trump administration rolled out a broader strategy to strengthen domestic critical minerals supply chains. The initiative, called “Project Vault”, was formally introduced in February 2026, and it mainly focuses on reducing US dependence on foreign rare earth supplies. Under the plan, the federal government has started taking direct stakes in selected domestic rare earth companies, supported through financing from the US Export-Import Bank and measures linked to the Defense Production Act. USA Rare Earth has emerged as one of the main beneficiaries of the policy shift, with investors closely watching the company’s upcoming magnet manufacturing operations. The move marks a major change in the government’s...
Shares of Alcoa gained sharply after aluminium prices on the London Metal Exchange (LME) climbed to their highest level in four years, supported by concerns over possible production cuts in China and continued disruptions in the Middle East. Alcoa shares closed at USD 71.38 on May 22 before extending gains to USD 74.57 on May 26 after touching an intraday high of USD 75.57. Between the May 22 and May 26 closing prices, the stock advanced around 4.47 per cent. The rally in the stock followed another strong move in aluminium prices. LME aluminium futures rose around 1.3 per cent to USD 3,697 per tonne as of May 26. According to LME data dated May 26, 2025, the c ash offer price stood at USD 3,759 per tonne , while the three-month offer price was at USD 3,682 per tonne, marking the highest...
A sheet of aluminium foil propped behind a Wi-Fi router has become one of the internet “life hacks” that people either swear by or laugh off immediately. At first glance, it sounds like nonsense — the sort of advice that used to circulate in old forwarded e-mails. Yet the idea is not baseless. There is legitimate research behind it. The discussion can be traced back to research carried out at Dartmouth College in 2017. A team of engineers explored whether specially designed aluminium reflectors could control the way wireless signals travelled through indoor spaces. Their project, called WiPrint, relied on software that calculated the best possible reflector shape for a particular room layout. Once the design had been generated, the reflector was produced with a 3D printer and then coated...
European aluminium sector warns that excess aluminium volumes, particularly from China, are distorting competition, weakening profitability and threatening the long-term resilience of Europe’s upstream and downstream value chains. As global overcapacity and unfair trade practices continue to mount and pressure Europe’s industrial base, its aluminium industry seeks a stronger and more effective EU trade defence framework. Delve deeper into the recycled aluminium and secondary aluminium market with our World Recycled ALuminium Market Analysis Industry forecast to 2032 In a joint industry statement backed by multiple European industrial associations, signatories stressed that the EU’s existing Trade Defence Instruments (TDIs) remain critical but are no longer sufficient to address the scale...
