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.
Schüco UK acquires Midlands-based Kestrel Aluminium Systems
Established in 1989, the Midlands-based Kestrel Aluminium Systems Limited has been taken over by German building envelope specialist Schüco Group. The company with 6330 employees and 40,000 partners in more than 80 countries, Schuco Group’s subsidiary Schuco UK has acquired Kestrel Aluminium Systems and Kestrel Powder Coating from the firms’ directors Steve Shute and Jane Gibson. Kestrel supplies aluminium extrusions for shopfronts, doors, curtain walling, windows, and glazed roofs. In addition to providing products to the commercial and domestic markets, the company also deals with fabricators, specifiers, and contractors. Schüco Group develops and sells aluminium, steel, and PVC-U building envelope solutions. Schuco UK and Kestrel will continue to operate as separate entities, with...
Low-carbon aluminium smelters proxy by Press Metal: RHB Research
The market research and analysis wing of RHB Malaysia, RHB Research, states that Press Metal Aluminium Holdings Bhd is a vital proxy of sustainable low-carbon producing aluminium smelters. In a recent report to its clients, the research agency said, "This is amid the global decarbonization efforts in limiting coal-fired energy-supplied smelters and the current short supply in the industry." "We still like our sector's top pick, Press Metal, for its capacity-driven earnings upcycle with three-year forward earnings compounded annual growth rate (CAGR) of 26% from 2021. The group's proactive hedging policy should also provide some average selling price protection amid the softness in London Metal Exchange (LME) prices." According to the LME inventory report at the end of September, there...
AMAG consecutively bags the "Effective Sustainability Communicator Award"
AMAG Austria Metall AG, the leading Austrian premium supplier of high-quality cast and rolled aluminium products used in a wide range of industries, has received the "Effective Sustainability Communicator Award" for the second time successively for its holistic and transparent sustainability reporting. In 2021, this award was presented for the first time due to the increasing importance of sustainability aspects in financial market communications and was already awarded to AMAG last year. All 39 companies of the Austrian ATX Prime Standard were analysed. AMAG was convinced with top scores in its integrative understanding of sustainability and landed in second place overall. Christoph Gabriel, the Head of Investor Relations, accepted the award on behalf of AMAG at the annual conference of...
US sanctions speculation called 'irresponsible' by En+ Group chairman
The chairman of En+ Group, Christopher Burnham, stated that the article published by Bloomberg on 12th October 2022 on the US sanctions speculations was ‘irresponsible’. The group’s metal arm is the world’s leading producer of low-carbon aluminium (Rusal) and the most significant independent renewable energy generator. The En+ Group is a multinational organization with over 90,000 employees and 60 assets in 12 countries, including operations in Jamaica, Ghana, Guyana, Ireland, Italy, Germany, Sweden, Ukraine, and Russia. The Group provides aluminium and aluminium alloy to metal products-related companies, major automotive firms, and aerospace and construction organizations in more than 50 countries globally. The chairman commented, “The article is simply wrong. We remain in full...
Hydro's advanced aluminium bridge decking technology offers numerous advantages over traditional steel and concrete construction
The world’s leading industrial company committed to a sustainable future, Norsk Hydro’s advanced aluminium bridge decking technologies offer many advantages over traditional steel and concrete construction. The Norway headquartered company, Hydro provides two aluminium bridge decking technologies: (i) Aluminium isotropic deck technology (ii) Aluminium orthotropic deck technology. Bridge deck projects have successfully used both technologies for decades. There are many bridge applications where aluminium decking is feasible, according to evaluations funded by the US Federal Highway Administration. The metal aluminium applied in bridge construction helps to accomplish more projects at lower cost and in less time and also minimizes traffic disruptions during rehabilitation and repairs. In...
AMAG awarded ‘Gem for Sustainable Digitalization’ in the category of ‘Data science’ from ICT Austria
AMAG Austria Metall AG, a premium supplier of high-quality cast and rolled aluminium products, along with ACP Cubido, a specialist in data collection, analysis, and processing software solutions, was awarded a special "gem" by ICT Austria. AMAG emerged as the winner in the category of "Data Science - scoring points in quality standards and sustainability" and was awarded the "Gem for sustainable digitalisation projects". In addition to supporting the domestic ICT sector to keep pace with the rapid pace of innovation of global competition, ICT Austria has been established as a non-profit association to maximize its strengths. It plans to position itself powerfully nationally and internationally by leveraging our existing strengths. In the annual event of ICT Austria - Center for Business...
Romanian aluminium producer Alro to construct a natural gas fired power plant along with Complexul Energetic Oltenia in Işalnița
According to the Romanian aluminium producer, Alro SA, one of the largest vertically integrated aluminium producers in Europe, measured by production capacity, the company was declared a "selected investor" following a public tender organized by Complexul Energetic Oltenia (CEO) to build a natural gas fired power plant at Isalnita together. Complexul Energetic Oltenia is a 40-year-old provider of National Power System safety. The energy supplier stated that the wind does not blow continuously, while during cloudy and rainy days, the solar system's efficiency drops, and the sun does not shine all the time. Instead, the coal of Complexul Energetic Oltenia can provide electricity for Romania for the next 40 years, which is possible based only on the reserves discovered so far. Marian...
Alloy Enterprises appoints Haleyanne Freedman as Director of Business Development
Alloy Enterprises, an investor in an additive manufacturing process for producing aluminium components based on sheets, announced the appointment of Haleyanne Freedman in the role of Director of Business Development. Freedman will lead the company's commercial strategy, oversee the applications engineering division, generate demand, and grow the organisation's sales. Andie Bedell, the COO and Co-Founder of Alloy Enterprises, said, "Haleyanne brings a proven track record of solving customers' most challenging technical problems with additive manufacturing." "Her philosophy of integrating sensible and scalable solutions fits seamlessly with our engineering team, and she will be an incredible asset to our organisation." Over the past several years, Freedman has worked in additive...
Eurometaux elects Evangelos Mytilineos as its new President
The chief executive of Greek aluminium and energy company MYTILINEOS, Evangelos Mytilineos, has been elected as the President of Eurometaux (Europe’s metals association) at the association’s General Assembly. He succeeds Mikael Staffas, CEO of Boliden, who has held this post since October 2018. Guy Thiran, the Director General of Eurometaux, commented: “I am thrilled to welcome Evangelos Mytilineos as our new President. His rich experience in the aluminium and energy sectors makes him exceptionally well-placed to lead our industry through today’s unprecedented energy crisis. When Europe commits to improving its strategic autonomy for the metals and minerals required in the energy transition, it’s fitting that a real industrial leader will head us with entire supply chain operations from...
Joe Biden's administration considering a complete ban on Russian aluminium
The LME aluminium prices on 11 th October 2022 witnessed a glide following Bloomberg's report that the United States is considering a complete ban on Russian aluminium. The ban on Russian aluminium jeopardizes conquering a global market already stumbling from several disarrays while emphasizing if the world's largest aluminium-producing nation, China, could infuse the supply gap. According to people familiar with the deliberations, the US administration is considering the possibility of incorporating sanctions on the Russian aluminium giant as the White House looks to chastise Russia for escalating conflict with Ukraine. These steps would add to a deafening year of price dangling, supply haul and demand unrest in the initiation of Russia-Ukraine's geopolitical crisis from February 2022....
Tunisie Profiles Aluminum reported 46% revenue growth in Q3 2022
Tunisie Profilés Aluminium, which has been performing exceptionally well since the beginning of the year, posted an impressive growth of 53% in Q3 of 2022, amid outstanding success on the local market and exports. As a result, the cumulative turnover for September 2022 amounts to 147.4 million dinars, up 46% from 100.6 million for September 2021. TPR shows a substantial increase in its local market turnover of 43%, increasing from 63.3 million dinars at the end of September 2021 to 90.7 million dinars at the end of September 2022. In the Export Market, TPR recorded sales worth 56.7 million dinars, almost what the company sold in 2021. Compared to the same period in 2021, export sales increased by 58% in the third quarter of 2022. Furthermore, the total debt reached 116.3 million dinars at...
Solar energy bolsters sustainability and environmental programs at 3D Aluminium
The UK's leading installer of solar energy systems for companies, Centreco, has accomplished the development of a 35kW solar panel system for 3D Aluminium on their premises in Oxford, a city in central southern England. A total of 93 rooftop tier-one panels have been installed to support the company reduce its carbon footprint and supply on-site green energy. The company said, "This is expected to save over 162 tonnes of CO2 emission over the next 25 years." Additionally, 3D Aluminium will also benefit from equivalent fixed electricity costs of around 5.1p/kWh. During this winter's energy crisis, businesses will face significant pressure, which is becoming increasingly important. A three-month review will take place halfway through the Energy Bill Relief Scheme, which will run from 1...
Rusal appoints Roman Andryushin as Deputy CEO, Sales and Marketing Director
The global leader in low-carbon aluminium production, Rusal, announces the appointment of Roman Andryushin as Rusal's Deputy CEO, Sales and Marketing Director. As part of the Company's long-term strategy to grow and expand its presence, the appointment supports its long-term growth strategy. Roman Andryushin will be responsible for global aluminium sales in his new position. Previously Sales and Marketing Director Steve Hodgson remained with Rusal Marketing GmbH, supporting sales to the Company’s international consumers. Elias Sarkis has been appointed Export Sales Director, Deputy Sales and Marketing Director, and Bob Katsiouleris as Market Development and Quality Director, reporting to Roman Andryushin. Evgenii Nikitin, the General Director of Rusal, said, “Roman has worked at Rusal for...
Assan Alüminyum team appreciates its participation in Aluminum Düsseldorf 2022
Göksal Güngör, the General Manager of Assan Alüminyum, one of the world's leading manufacturers of flat-rolled aluminium (FRP) has shown gratitude for its presence in Aluminium Dusseldorf 2022. During the event, the General Manager said, “We are also happy to finally be here at the Aluminium 2022 Show, with the distinguished members of the press, after 4 years of postponements due to the pandemic. This year is a very special year for us, as it’s our mother company, Kibar Group’s 50th anniversary. As the flagship company of our group, Assan Alüminyum has been pioneering the flat-rolled aluminium industry in continuous casting production technology for many years. With our core values of reliability, flexibility, innovation and sustainability at the heart of our business, we have become one...
GACL aims at making the Indian chemical sector 'Self-reliant'
The Indian chemical substance-producing company, promoted by the Gujarat State Government, Gujarat Alkalies and Chemicals Limited (GACL), has recently accomplished multiple projects to produce new chemicals and broaden the current product lines' capacities. Also, a joint venture with National Aluminium Company Limited (NALCO) recently installed an 800 TPD caustic soda plant with an integrated 130 MW captive cogeneration plant. On 10th October, the Prime Minister of India dedicated the new projects 173,250 TPA caustic soda expansion at Dahej and 267,000 TPA new caustic soda plant with 130 MW Thermal Power Plant at Dahej, put up as a joint venture between GACL and NALCO, 105,000 TPA Chloromethanes Project at Dahej and 10,000 TPA Hydrazine Hydrate Project at Dahej to the Nation during the...
Energy prices forcing German aluminium manufacturers to cut production, lack of state aid may worsen the situation
The silvery metal aluminium has unblocked new dimensions in the last decades, as endless objects that can be simplified and upgrade the quality of daily human life are relatively made from aluminium. Aluminium is essential in converting to a climate-friendly economy. Electric vehicles, renewable energies, building and construction, machines, electronics, and packaging materials can be from recycled aluminium. Rob van Gils, the newly elected new President of Aluminum Germany, said, "The high energy prices are tearing the rug out from under the feet of energy-intensive production in Germany." Primary aluminium production is highly energy-sensitive; around 17,000 kWh of electricity is required to produce 1 tonne of aluminium. This indicates that it has a relatively high cost. Germany's...
Canyon Resources reports the commencement of resource activities on the Makan bauxite permit
On 7 th October 2022, Canyon Resources announced the commencement of resource definition activities on the Makan Bauxite Permit (Permit), an adjacent exploration to the Minim Martap Bauxite Project. As of yet, the Makan Permit hasn't been explored as extensively as the Ngaoundal and Minim Martap Permits, so exploration activities will focus on defining sufficient bauxite mineralization for the Minim Martap Bauxite Project's sustainable long-term Direct Shipping Ore (DSO) operations. In accordance with the terms of the extension granted in February 2022, the exploration activities planned will satisfy the requirements to maintain the permit. The program aims to increase the contribution of the permit to the Minim Martap mining schedule by improving the resource on this ground. A target...
Hydro Paragominas invests $114 million in its M5 bauxite mining project
Norsk Hydro's local unit, Hydro Paragominas, is investing 590 million reais ($114 million) in the M5 bauxite mining project in northern Brazil's Pará state. Norsk Hydro-owned Hydro Paragominas has contributed significantly to the economic and social development of Paragominas for 15 years and intends to continue its sustainable bauxite mining operations. Miltônia 5 (M5) represents the objective of an investment of approximately BRL 590 million (about US$114 million) in a new mining front beginning in 2023 while remarking by ensuring that mining is conducted with respect and care for the environment. Anderson Martins, the Director of Hydro Paragominas, said, "This new mining front consists of the construction of an access road and infrastructure to support the operation." "The work is...
