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.
Aldel Aluminium nominates CLAFIS Ingenious as permanent supplier for engineering services
CLAFIS Ingenious is nominated as the permanent supplier of engineering services for Damco Aluminum Delfzijl Cooperative (Aldel) in the coming years. CLAFIS and Aldel have set foot into a structural agreement that will run at least up to the end of 2022. The projects carried out under the direction...
RUSAL concludes first 2020 Ruble bond placement
RUSAL one of the leading global aluminium producers declares the conclusion of the book-building process for the new placement of its 10-year ruble-denominated bonds with a three year put option on the Moscow Exchange, the nominal value of 10 billion rubles and a coupon rate of 6.5% per annum, a...
Aluminium Center Foundation is now the Dutch Aluminium Association
The Aluminium Center Foundation on 1 st April’20 has integrated into a new sector group under Koninklijke Metaalunie. A new name has been set up for this new initiative: the Dutch Aluminum Association (DAA), the organization for the aluminium industry in the Netherlands. At the start, the new...
Romania’s import of Aluminium alloy remains positive during 2017-20
The economy of Romania is a fast developing, upper middle income mixed economy with a very high Human Development Index and a skilled labour force, ranked 15th in the European Union by total nominal GDP and 10th largest when adjusted by purchasing power parity. Major industries in Romania are...
Norsk Hydro: Executive Vice President for Extruded solution Egil Hogna to leave
Egil Hogna, Executive Vice President for the Extruded Solutions business area in Hydro, has decided to leave. Hydro Extruded Solutions is a manufacturer of extruded aluminium profiles. Egil is likely to take over as CEO for Norconsult, a Norwegian consultancy firm. The process to find a new leader...
Romanian beer brand Albacher benefits from Multi-Color's aluminium foil can lid label
The Romanian beer brand Albacher is receiving benefit from Multi-Color’s aluminium foil can lid label. The design of the label secures that the beer is clean at the moment a buyer selects it from the shelf. The hygienic lid keeps the top of the can clean and protects from dust and germs. Consumers...
Energy-saving furnace for Heck + Becker at its die-casting technology centre in Germany
At its Die Casting Technology centre in Germany, toolmaker Heck + Becker carries out casting tests for tool acceptance testing and fine-tuning innovative casting processes. It does this with the help of a fully automated die casting cell with a clamping force of 3,200 tonnes. Around 150 tonnes of...
Northvolt and Norsk Hydro joining hands to set-up car battery recycling plant
The World’s Greenest battery maker Northvolt and the Norwegian aluminium and renewable energy company Norsk Hydro are joining hands to recycle batteries from Norway’s hundreds of thousands of electric cars as part of Europe’s effort to build a green battery industry to take on Tesla and Asian...
Belarus export of Aluminium Bar Rods and Profiles reflects growth and stability during 2017-20
Belarus is a landlocked country in Eastern Europe. It is bordered by Russia to the northeast, Ukraine to the south, Poland to the west, and Lithuania and Latvia to the northwest. The economy of Belarus is the world's 72nd largest economy by GDP based on purchasing power parity (PPP), which in 2019...
PT Indonesia Asahan Aluminum to acquire Vale Indonesia's divestment shares
PT Vale Indonesia is dedicated to completing the divestment of the company's shares by June’20 as this has missed the original target. Bernardus Irmanto, CFO, Vale Indonesia explained: “The joint management with partners, namely Vale Canada Limited and Sumitomo Metal Mining Co. Ltd. stated that...
Fight against “COVID-19”: Bel Air Bauxite mining in Guinea continues to support the cause
Bel Air Mining SAS, a member of the Alufer Mining Limited group, developer and producer of bauxite in the prefecture of Boffa, endures supporting local communities and local health centres as well as employees with material and technical support in prevention against the spread of the Covid-19...
Slovenian Aluminium producer Talum records profit in 2019: Projected 2020 as turbulent
Slovenian Aluminium producer Talum generated EUR 327 million in net revenue and almost EUR 680,000 in net profit in 2019. General Manager Marko Drobnič has told: “More than EUR 290 million came from aluminium product sales with 87% of the sales made in foreign markets.” As an ultra-modern company,...
Ivory Coast: The Port of Abidjan floats its first shipment of Bauxite export to China
On 29 th May’20, the Director-General of the Autonomous Port of Abidjan (PAA), Mr Hien Yacouba SIE witnessed the launch of the first shipment of 20,000 tonnes of Bauxite, at the bulk terminal. It is a first in Ivory Coast. The ore is now one of the products exported from the port. The cargo bound...
Alcoa considers to lay-off 534 workers from its San Ciprian aluminium plant in Spain
On 28 th May’20, the aluminium producer, Alcoa announced that it is considering to lay-off 534 workers San Ciprian aluminium plant in the Spanish region of Galicia. However, a final decision is yet to be made. The high energy costs and low aluminium prices led to persistent losses and left the...
India’s supply of Hydroxychloroquine to US might turn up with a smaller trade deal, includes the demand to reduce tariff on Aluminium
Taranjit Singh Sandhu, India’s ambassador to the US stated that India and the US could strike a “smaller” trade deal in the coming weeks. This was conveyed by him while acknowledging that the unprecedented challenges posed by the COVID-19 pandemic have been a "bit of a setback" in moving ahead as...
Nissan to close Barcelona plant, Aluminium downstream suppliers to auto industry stands down-hearted
Gianluca De Ficchy, Chairman, Nissan Europe said: “Nissan intends to close its Barcelona main plant and two nearby facilities starting in December’20, but it will keep open two facilities in northern Spain.” The Chairman also said: "There was no viable solution for the future of the Barcelona...
Switzerland’s aluminium scrap import remains enterprising during 2017-19: Steep downfall by 34.69% projected for 2020
Switzerland, a country that espouses neutrality, is a prosperous and modern market economy with low unemployment, a highly skilled labour force, and a per capita GDP among the highest in the world. The economy of Switzerland is one of the world's most advanced free-market economies. The service...
"COVID-19" strike: India Ratings and Research demotes Vedanta’s credit rating to IND AA-
On 27 th May’20, the mining company, Vedanta Limited made public that credit rating agency, India Ratings and Research (Ind-Ra) has demoted the long term issuer rating of the company to IND AA- from the earlier rating of IND AA, revising its outlook from stable to negative. The demotion...
