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Alcircle Private Limited | CIN: U72200WB2017PTC221175

Registered & Corporate Address: Ecospace Business Park, Block 3A, Unit 401A, New Town, Rajarhat, Kolkata, WB 700160

© 2026 Alcircle. All rights reserved. Alcircle is not responsible for content from external sources.

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Vedanta eyes $50 billion in revenue and $20 billion in profit; focus is on West Bengal for power generation and aluminium
28 OCT 20263MINS
Downstream

Vedanta eyes $50 billion in revenue and $20 billion in profit; focus is on West Bengal for power generation and aluminium

50 billion in revenue and 20 billion in profit is what Vedanta Group is looking forward to over the next two years, said the Founder & Chairman, Mr Anil Agarwal, during an interactive session organised by the Indian Chamber of Commerce (ICC) at Taj Bengal, Kolkata on October 28, 2026. While he sees India as a powerhouse of metals and minerals, his attention is caught by West Bengal, located in the Eastern part of India. Mr Agarwal believes the future of Bengal looks bright, as the state has a strategic geographical location with major mining states like Jharkhand and Odisha as its neighbours. By directing high hopes for Bengal and praising the double engine government, Agarwal expressed his willingness to invest in the state in sectors like mining, minerals and power. He also met the...

Hydro invests $53.5m in 5,900Mt aluminum extrusion press in Pennsylvania
28 OCT 20263MINS
Downstream

Hydro invests $53.5m in 5,900Mt aluminum extrusion press in Pennsylvania

Hydro has begun construction of a new 5,900 metric ton indirect aluminum extrusion press line at its Cressona facility in Pennsylvania, backed by a $53.5 million investment aimed at modernizing production, expanding specialist extrusion capacity, and strengthening the company’s North American manufacturing operations. The groundbreaking took place on October 27, with operations expected to commence in the first quarter of 2028. The new press will replace equipment dating from the 1950s and introduce Industry 4.0 technology, advanced automation, improved energy efficiency, and enhanced safety performance. New press targets growing demand for specialist extrusions The investment comes as demand for indirect aluminum extrusions continues to grow across commercial transportation, automotive,...

27 OCT 20265MINS
Downstream

Solvent-free process pushes extrusion-printed aluminium close to full density

A Swiss-Polish research team has achieved up to 97.9 per cent relative density in extrusion-printed AA6061 aluminium by removing the solvent-debinding stage and extending the sintering process. The approach offers a potential alternative to conventional processing routes for sinter-based aluminium additive manufacturing, where oxidation has remained a major obstacle. The study, led by the Swiss Federal Laboratories for Materials Science and Technology (Empa), was published in Progress in Additive Manufacturing on October 15, 2026. An earlier version appeared as a preprint in May, making the journal publication the latest stage in the research’s release. The researchers combined a single-step wick-debinding process with a longer sintering hold to improve the density of printed aluminium...


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US aluminium crude metals and alloys imports from Canada edge 19% higher Y-o-Y in January 2023
27 MAR 20232MINS

US aluminium crude metals and alloys imports from Canada edge 19% higher Y-o-Y in January 2023

The United States aluminium crude metals and alloys imports from Canada started the year 2023 with a monthly decline of 27,000 tonnes or 10.51 per cent to stand at 230,000 tonnes, found the recent survey by the US Census Bureau. The import volume fell in January 2023, following an increase in the previous month. According to USGS data, the United States imported 257,000 tonnes in December 2022, up by 41.28 per cent or 75,000 tonnes from 182,000 tonnes in November. However, on a year-on-year basis, the United States aluminium crude metals and alloys imports in January 2023 stood 18.56 per cent or 36,000 tonnes higher than 194,000 tonnes. Last year, the United States total imports of aluminium crude metals and alloys from Canada were 2.57 million tonnes. The United States total imports of...

Nigeria’s Aluminium Extrusion Plc posts N2.64 billion turnover for 2022
26 MAR 20231MINS

Nigeria’s Aluminium Extrusion Plc posts N2.64 billion turnover for 2022

On March 23, 2023, the leading manufacturing company in Nigeria producing and marketing extruded aluminium products, Aluminium Extrusion Plc, revealed its Audited Financial Statement for the year ended December 31, 2022. Aluminium Extrusion Industries Plc (NIGALEX) reported a 12-month turnover of N2.637 billion, a slight increase of 0.07% over the N2.635 billion reported in 2021. NIGALEX has a 5000-tonne annual capacity for aluminium extrusion products and manufactures profiles in press finish, wood finish, silver and bronze colour palettes, and modern powder-coated forms. The Company, which is located in the largest economy in the African continent, reported a PAT of N48.529 million for the period under review, down by 27.5 per cent from N66.941 million in the existing year. The company...

Downstream weekly recap: Hindalco Chairman receives the highest civilian honour of India, the Padma Award 2023; NICE Rapid launches new aluminium extrusion service for manufacturing industries
26 MAR 20234MINS

Downstream weekly recap: Hindalco Chairman receives the highest civilian honour of India, the Padma Award 2023; NICE Rapid launches new aluminium extrusion service for manufacturing industries

The most cutting-edge professional compression moulding and aluminium extrusion service for the industrial industries was launched by NICE Rapid. The procedure was identified as a tried-and-true way to reduce expenses and boost output. Uniformity Labs and Tekna expanded their collaboration for laser powder bed fusion (L-PBF) applications. By the terms of the agreement, Tekna will give Uniformity the aluminium-based alloy AlSi10Mg needed to make the sophisticated, ultra-dense AlSi10Mg powder used in additive manufacturing. The president of Lorin Industries Inc., the industry pioneer in aluminium coil anodizing, Park Kersman, was elected to the board of the Aluminum Anodizers Council. Park Kersman brings with him a wealth of knowledge in anodizing aluminium. The chairman of Hindalco...

ASI enlists Hindalco Industries Limited-Kuppam Works as its new Production and Transformation member
24 MAR 20231MINS

ASI enlists Hindalco Industries Limited-Kuppam Works as its new Production and Transformation member

Aluminium Stewardship Initiative (ASI) announced the joining of Hindalco Industries Limited-Kuppam Works as its new Production and Transformation member. An integrated facility with aluminium extrusion presses, anodising, powder coating, and fabrication facility, Hindalco Industries Limited Kuppam Works is a one-stop production solution for extrusion profiles for the B&C, industrial, automotive, and solar segments. The Kuppam factory, around 120 kilometres from Bengaluru, provides specialised aluminium extrusion goods and services for the automotive, building & construction, and industrial markets. It would increase Hindalco's presence in South India, the country's second-largest extrusions market. "ASI Certification will strengthen the sustainability initiative of Hindalco Industries...

Lorin Industries President Park Kersman chosen to the Aluminum Anodizers Council
24 MAR 20231MINS

Lorin Industries President Park Kersman chosen to the Aluminum Anodizers Council

Lorin Industries Inc., the world leader in aluminium coil anodizing, announced that its president Park Kersman had been elected as a board member of the Aluminum Anodizers Council. Park Kersman brings with him a vast experience in aluminium anodizing; hence, he is expected to provide insights and guidance to support the other member companies of the council that produce anodized aluminium or use the material. The Aluminum Anodizers Council is the international trade association of firms engaged in aluminum anodizing. It promotes and advocates aluminium anodizing industry through educational programmes, technical bulletins, and networking that include the annual International Anodizing Conference and Exposition. In addition, the association’s website hosts educational materials on...

MinTa Aluminum joins ASI as the new Production and Transformation member
23 MAR 20231MINS

MinTa Aluminum joins ASI as the new Production and Transformation member

Aluminium Stewardship Initiative (ASI) announced the joining of MinTa Aluminum as its new Production and Transformation member. Established in Tainan, Taiwan, in 1961, MinTa Aluminum has continuously invested in metal processing for over 50 years. MinTa can provide holds a comprehensive solution for delivering aluminium profiles. MinTa began the manufacture of aluminium to better serve its consumers. The company successfully integrated its aluminium profile processes over the past ten years, investing a total of 30 million US dollars in processes like aluminium billet casting, die casting with in-house tool design, aluminium extrusion, CNC milling for cutting, bending, and punching, surface anodizing, hydroforming, etc. “MinTa Aluminum is committed to meeting the high standards of the...

Tesla installs second press to create intricate aluminium parts at its Austin factory
23 MAR 20232MINS

Tesla installs second press to create intricate aluminium parts at its Austin factory

Tesla is yet to receive another 9-ton (8.2 metric tonnes) press at its Giga factory in Austin, Texas. The press would help the automobile giant in formulating patented aluminium car components. This new press can be regarded as the largest among its contemporaries worldwide. This is the second press that is being delivered to Tesla after it acquired the first model in January 2023. These two presses are bigger than Tesla’s existing presses in Shanghai and Berlin, so they will be applied in the production of Tesla’s Cybertruck. IDRA Group, the creators of the specialised press, has posted relevant videos on the internet to illustrate the company’s enigmatic process and capacity. Sources provided proof of delivery by posting images of the lading bill, commenting: “Today, we can confirm that...

Hindalco Chairman receives the highest civilian honour of India, the Padma Award 2023
23 MAR 20232MINS

Hindalco Chairman receives the highest civilian honour of India, the Padma Award 2023

India's biggest aluminium manufacturing company and the world's most significant flat-rolled products player and recycler of aluminium, Hindalco Industries' Chairman Kumar Mangalam Birla, has been awarded the highest civilian honour of India, the Padma Award 2023 for his commendable contribution to the field of trade and industry. Kumar Mangalam Birla is also the Chairman of the American industrial aluminium company Novelis Inc. headquartered in Atlanta, Georgia, United States. His accomplishments are numerous in the business world. Many had believed the weight of legacy would be too much for the young man when he took up the group's banner after his father's unexpected death. He has disproven their claims, but he has proven them incorrect. In the 28 years since he has been in charge, he...

Craftsman Automation acquires 76% of DR Axion to supply India’s budding PHEV market
23 MAR 20232MINS

Craftsman Automation acquires 76% of DR Axion to supply India’s budding PHEV market

DR Axion, a supplementary board to Craftsman’s existing aluminium business, has reported fast-paced revenue growth in current times attributed to Kia’s entry and diversification, eyeing the PHEV market in India. This has led Craftsman to opt for a 76 per cent stake in the business at INR 3.75 billion with consultations from IIFL Securities analysts. DR Axion has skilfully traversed beyond Hyundai and Kia with humungous orders from M&M, which would propagate the next phase of the company’s growth. Experts from IIFL Securities project that the acquisition would become 5-7 per cent EPS-accretive in FY24 or FY25. The acquisition plan was worth 4.4x FY23 estimated EV/EBITDA. Though DR Axion has encouraged large-scale expansions in recent years, its production rate remained low at 65 per cent....

Dingsheng signs new contract with CATL to supply aluminium foils for electric vehicle batteries
22 MAR 20232MINS

Dingsheng signs new contract with CATL to supply aluminium foils for electric vehicle batteries

On Wednesday, March 22, shares of Jiangsu Dingsheng New Materials Joint-Stock increased by as much as 4.6 per cent after the Chinese producer of aluminium materials announced that it and two of its subsidiaries had signed new contracts with Contemporary Amperex Technology (CATL). Under the agreement, Dingsheng will be taking care of the aluminium foil requirements of CATL. The CATL facilities in China and Europe will get aluminium foil from Dingsheng and two of its subsidiaries, the Zhenjiang, eastern Jiangsu province-based company announced on Wednesday. Aluminium foil is utilized in new energy vehicle batteries. It also said that its European manufacturing facility, European Metals, would give a specific amount to CATL's factory on the continent between 2024 and 2026. It would meet at...

GARMCO invests US$24.5 million for expansion projects and new aluminium coil line
22 MAR 20232MINS

GARMCO invests US$24.5 million for expansion projects and new aluminium coil line

Gulf Aluminium Rolling Mill (GARMCO), a counterpart of Bahrain Mumtalakat Holding Company, has invested US$24.5 million to expand its development project for a technologically advanced production line for aluminium coils. GARMCO kept the project’s course aligned with the decisions taken by its creditors in November 2021. GARMCO also charted out a refurbishment plan alongside the unit expansion in agreement with the concerned parties since it had filed for reorganisation in February 2019. From the US$24.5 million, almost US$7.5 million will be allotted for materialising the new aluminium coil production line, applying the “continuous casting” methodology to augment productivity. In the long run, this will help the company expand its network and bring in diversification. The development...

BMW restricts unskilled production of patented aluminium structural parts
21 MAR 20232MINS

BMW restricts unskilled production of patented aluminium structural parts

BMW North America has decided to regulate more than 100 aluminium structural components for its patented cars “due to complexity of the repair and the requirement of highly specialised tools, training, and repair procedures,” as was cited in a bulletin published by the company on March 16. For manufacturing these parts, a mechanic must undergo vigorous training, take body and paint classes and own attested tools like a specific frame bench, glue cartridge gun, belt sander, riveting tool, oscillating tool, saw blade and welder. The bulletin clearly stated: “BMW of North America will be restricting certain aluminium structural parts to ensure the correct repair process is followed and crash performance is not compromised.” The OEM circulated an email confirming the addition of more...

Uno Minda board approves 81.69% stake acquisition in Kosei Minda Aluminium to bring together 4W alloy business
21 MAR 20232MINS

Uno Minda board approves 81.69% stake acquisition in Kosei Minda Aluminium to bring together 4W alloy business

On Monday, March 20, Uno Minda Ltd announced that its board gave a go-ahead signal to raise its stake to 81.69 per cent in Kosei Minda Aluminium and 49.90 per cent in Kosei Minda Mould, expecting the move to help Uno Minda consolidate its 4W alloy business. Uno Minda, located in North India, is a conglomerate engaged in manufacturing, developing and selling diverse automotive components for global and domestic automotive markets. In 2015, it formed a joint venture with Kosei International Trade and Investment Company Ltd, a part of Kosei Group - Japan's leading alloy wheel manufacturer. The JV named Kosei Minda Aluminium was established in Chennai, India. The acquisition of additional stakes will reportedly occur through a composite scheme of merger with Uno Minda Ltd through a swap of...

Tekna extends partnership with Uniformity Labs to supply aluminium for L-PBF application
21 MAR 20232MINS

Tekna extends partnership with Uniformity Labs to supply aluminium for L-PBF application

Uniformity Labs and Tekna extended their partnership to supply aluminium for laser powder bed fusion (L-PBF) applications. In this agreement, Tekna will provide the AlSi10Mg aluminium-based alloy to Uniformity to produce its advanced ultra-dense AlSi10Mg powder for the additive manufacturing process. This will strengthen the relationship between the two businesses, which was established when Ti64 provided Uniformity with a crucial North American supply source while also boosting the productivity and efficiency of Tekna. "Our partnership with Tekna highlights how advanced technology can further increase sustainability to the benefit of a wide range of industries. The complementary nature of our businesses produces an economic benefit for our customers who gain through higher printer...

Vedanta’s aluminium wire rod price undergoes two succeeding cuts totalling INR221,000-228,500/t
20 MAR 20232MINS

Vedanta’s aluminium wire rod price undergoes two succeeding cuts totalling INR221,000-228,500/t

Vedanta Limited continued to reduce its aluminium products prices on Saturday, March 18, bringing its aluminium wire rod price to the range between INR 221,000-228,500 per tonne, down by INR 1,500 per tonne from the previous day. On Thursday, March 16, Vedanta’s aluminium wire rod price stood at INR 222,500-230,000 per tonne, down by INR 2,000 per tonne from INR 224,500-232,000 per tonne on March 15. Vedanta’s aluminium billet price came in at INR 222500 per tonne as of March 18, also down by INR 1,500 per tonne from INR 224,000 per tonne. On March 16, the price saw a slash of INR 2,000 per tonne from INR 226,000 per tonne on March 15 . Aluminium ingot price was no exception but saw a cut of INR 1,500 per tonne on March 18 to INR 213500-244,000 per tonne, following by a downfall of INR...

NICE Rapid launches new aluminium extrusion service for manufacturing industries
20 MAR 20231MINS

NICE Rapid launches new aluminium extrusion service for manufacturing industries

NICE Rapid has recently introduced the most advanced professional compression moulding and aluminium extrusion services for the manufacturing industries. The technique has been identified as a proven method for cutting costs and increasing production rates. As rubber is typically used as the primary raw material for making parts and components, many sectors, including architectural, automotive, aerospace, electronics, and energy, can find NICE Rapid compression moulding services cheap and inexpensive. NICE Rapid employed only raw materials that complied with FDA, REACH, and ROSH regulations, highlighting their strict practices and ISO-9001 worldwide quality system accreditation. NICE Rapid offers robust mould-making capabilities with technologically advanced rubber vulcanizing equipment,...

Downstream weekly recap: Indian Institute of Metals names Mr Satish Pai as the new incoming President; Nuveen Asset Management LLC sheds 892 shares of Kaiser Aluminium Co.
18 MAR 20234MINS

Downstream weekly recap: Indian Institute of Metals names Mr Satish Pai as the new incoming President; Nuveen Asset Management LLC sheds 892 shares of Kaiser Aluminium Co.

One of the leading aluminium industry firms in Sri Lanka, Alumex PLC, has proclaimed the commencement of its flagship loyalty promotion, "Divikavuluwa". The region's leading producer of aluminium extrusions is keen to launch community-based initiatives to strengthen the nation's aluminium fabricators' long-term prospects. The Indian Institute of Metals selected Mr Satish Pai, the managing director of Hindalco Industries, as its president (IIM). IIM is a suitable organisation for India's professional metallurgists. The third quarter of 2022 saw the sale of 892 shares of Kaiser Aluminum Co. by Nuveen Asset Management LLC, a provider of financial advice services, according to the company's most recent Form 13F filing with the Securities & Exchange Commission. The average operating rates of...

Xingfa Aluminium posts a 9.7% Y-o-Y rise in revenue but still lags behind analyst estimates
18 MAR 20231MINS

Xingfa Aluminium posts a 9.7% Y-o-Y rise in revenue but still lags behind analyst estimates

Xingfa Aluminium Holdings, a famous large-scale architectural aluminium profiles and industrial aluminium profiles manufacturer in China, announced its full-year 2022 results ended December 31, reporting a 9.7 per cent year-on-year rise in revenue to RMB 16.9 billion. But it missed analyst estimates by 2.9 per cent. The company’s net income stood down by 48 per cent from FY2021 to stand at RMB 457.8 million at the end of the year, despite an increase in revenue. Xingfa’s profit margin also dropped in FY2022 from 5.8 per cent a year earlier to 2.7 per cent, primarily driven by higher expenses. The company’s earnings per share also missed analyst estimates by 48 per cent. Free cash flow pegged at RMB 184.330 million at the end of 2022, and cash from operations stood at RMB 790.767 million....

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