AlCircle News Edited By "Rupankar Majumder"
A professional with a technical background, specialising in producing insightful content centred around metals, particularly aluminium, passionately engaged in the intricacies of the recycling sector.
Bauxite import in Ukraine rose by 6% during January-March 2021
The bauxite importation of Ukraine during January-March 2021 has shown a significant rise by 6%, when compared to the same period the previous year, to 1.303 million tonnes. As the data statistics released by the Ukrainian State Customs Service, it states that during this phase, bauxite imports in...
Abu Dhabi: Mubadala Investment Co. well placed for IPO of Emirates Global Aluminium
Mubadala Investment Co., the sovereign fund of Abu Dhabi stated that it’s “close” to an initial public offering of Emirates Global Aluminium PJSC as it examines other crucial deals comprising a role in a consortium investing in Saudi Aramco’s oil pipelines. On 12 th March 2021, Khaldoon Al Mubarak,...
EU sets provisional tariffs on aluminium flat-rolled products from China
Following the preliminary investigation, the European Union has set provisional tariffs on aluminium flat-rolled products from China, as it was established they were being sold into the syndicate at artificially low prices. On 12 th March 2021, the EU’s official journal stated that the European...
Ducab Group confirms 36% gain collectively, metal division delivers 33% profit rise
The leading industrial manufacturing organization of UAE has declared that its substantial gains across all three division in 2020 have achieved a collective Y-o-Y profit rise of 36%, despite the Covid-19 global challenges. Mohammed A. Al Mutawa, CEO of Ducab Group, said: “Ducab Group was able to...
Guyana’s import of aluminium structures during 2018-19 reveals drastic downfall; growth re-bounds in 2020
Guyana’s economy demonstrated rapid growth in 2020, despite the devastating effects of the COVID-19 pandemic. According to the World Bank, the country’s GDP is projected to grow by 7.8% in 2021. The nation on South America’s North Atlantic coast has documented 1325 tonnes of aluminium structures...
Metal magnate Sanjeev Gupta's aluminium facilities in France seek creditors protection
On 11 th March 2021, metal magnate Sanjeev Gupta’s Alvance Aluminium Group stated that its French aluminium facilities have sought protection from creditors. The spokesperson said: “Alvance Aluminium Group entered voluntarily into ‘reconciliation proceedings’ supervised by a court-appointed agent....
Japan: Furukawa Electric’s high-performance low-voltage aluminium conductor CV cable outperforms copper
Japan is the home to some of the largest and most technologically advanced products and now it is using the latest technology in the construction industry, keeping its focus high on using quality material for power transmission in a building. ‘Rakuraku Cable’, a high-performance low-voltage...
Europe’s largest alumina refinery ‘Auginish Alumina’ receives approval for extension of an extraction facility
Europe's largest alumina refinery and a major alumina asset of RUSAL, Aughinish Alumina has received approval for its proposal for an extension of its large plant near Foynes, Limerick County to be considered under the fast-track planning process for large strategic projects. The independent,...
US rigid packaging firm Crown to divest its EMEA business to KPS Capital Partners
The US-based rigid packaging firm Crown has decided to divest its Europe, Middle East and Africa (EMEA) food and consumer packaging business to the American investment company KPS Capital Partners. The $2.7 billion deal is expected to conclude during Q3 2021, subject to customary closing conditions...
Kyrgyzstan’s export of aluminium scrap during 2018-20 manifests gradual downfall
Kyrgyzstan, a landlocked mountainous, lower-middle-income country with an economy dominated by minerals extraction, agriculture, and reliance on remittances from citizens working abroad. Referred to as the Switzerland of Central Asia, Kyrgyzstan has documented 22,103 tonnes of aluminium scrap...
Eurofoil plant in Rugles looks to future, following the 2015 Employment Protection Plan
The Eurofoil factory in Rugles, France specializing in aluminium foils focus to sustain its activity and development. Eric Ligerot, General Manager, Eurofoil, admitted: "socially, it was difficult to live. After the Employment Protection Plan (PSE) in 2015 at the Eurofoil factory in Rugles (Eure),...
Qatar’s import of aluminium foil during 2018-20 stages enterprising growth
As a leading exporter of liquefied natural gas to Australia, Qatar lost its status in 2020, but it holds the position of the third-largest gas reserves in the world. The Emirate’s economy is thus heavily focused on the gas industry, which represents two-thirds of its GDP and almost 80% of export...
South African metal firm Alfeco Group acquires Hulamin’s aluminium extrusion division
Africa’s one of the largest aluminium exporters, Hulamin confirmed that its extrusion plant, in Olifantsfontein, Midrand has been acquired by integrated South African metals company Alfeco Group. The recently acquired extrusion assets, which are now part of Alfeco’s new aluminium division, with a...
Hydro to explore hydrogen opportunities to strengthen its position in low-carbon aluminium
Norsk Hydro, one of the largest aluminium company worldwide and renewable energy producer is exploring the potential for developing and operating hydrogen facilities to meet its substantial internal demand as well as serving an external market, leveraging the company’s industrial and renewable...
Great opportunities don’t come every day!! Recognize and acquire Die casting Cells and Melting Furnaces from Schweizer Group
It is said that some of the most successful entrepreneurs in the world achieved success, as they are just really good at seizing great opportunities. So, here comes the mind-blowing opportunity brought to you by AlCircle, which can change your business perspectives. The German-based Schweizer Group...
Azerbaijan’s import of aluminium wire during 2018-20 reflects the movement of rapid growth followed by a steady fall
In 2020, the economic growth of Azerbaijan took a toll due to the diminishing global gas and oil prices. The country’s GDP estimated to have declined by 4% during the year, compared with a 2.2% growth in 2019. The economic activity was further restricted by Covid-19 restrictions slowing domestic...
Cornell University explores aluminium anode batteries to tender low-cost renewable energy storage
The Cornell University researchers led by Professor Lynden Archer explored the use of a more affordable product, which is aiming to deliver a better alternative to market-dominating lithium batteries. The research announcement said that the latest technique to integrate aluminium derived in...
Rio Tinto interferes following the detention of bauxite ship by Australian Maritime Safety Authority
The Australian authorities have detained a ship engaged to transport bauxite from Rio Tinto's operations on Cape York for revealing its crew to awful conditions including food and water shortages. The Movers 3 is one of two Aswan Shipping carriers under detention in Australia for multiple breaches...
