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 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,...
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Researchers from the Sheffield Titanium Alloy Research (STAR) group joined hands with ECKART GmbH, Schluechtern, Germany, to convert surplus aluminium alloy powders from atomisation into sheet material in two solid-state steps for aerospace use. The STAR group is part of the University of Sheffield. The project was led by Dr Simon Graham, a research associate at Sheffield University. The research aimed to transform excess aluminium alloy powders from atomisation into sheet material in two solid-state processes using field-aided sintering technology (FAST) and hot rolling. The A20X alloy powder utilised by the researchers came from Eckart. The as-atomised particle size range is frequently disregarded as a problem, although Metal additive manufacturing (AM) processes are typically...
Kaiser Aluminum Corporation, an American producer of semi-fabricated speciality aluminium products, published its quarterly and consolidated nine-month results of 2022 last week, wherein it reported net sales for Q3 at $749 million compared to $954 million in Q2 and $751 million in Q3 2021. That reflected a quarterly downfall of 21.5 per cent and annually 0.27 per cent, in line with the decrease in shipments by 15.82 per cent Q-o-Q and 10.48 per cent Y-o-Y to 282 million lbs. Value-added revenue, however, increased over the year by 16 per cent to $356 million, primarily driven by higher pricing to mitigate inflationary costs. Value-added revenue for the company’s aerospace/high strength applications also grew by 5 per cent to $86 million despite a decrease in shipments. That mirrored a...
As the transportation industry is increasingly shifting its preference to lightweight and lower carbon emissions, the usage of aluminium castings is gaining notable importance for obvious reasons like high strength and infinitely recyclable. One of the distinguishing features of castings from other forms of aluminium is its ability to absorb large volumes of recycled aluminium produced from post-consumer scrap. Castings produced from recycled aluminium are used in mainstream automobile applications such as engines and wheels. Flexibility, fine surface finish, and high quality are some of the other factors that make aluminium castings popular in the automobile sector. It has been found that the average aluminium usage per car has grown significantly over the years and castings are the most...
Hindalco Industries’ aluminium products prices suffered a loss of INR 6,000 per tonne on October 22, the same amount as they grew by the previous day. Therefore, the company’s aluminium billets price came in at INR 219,600 per tonne on Saturday, October 22, versus INR 225,600 per tonne on Friday, October 21. Hindalco’s aluminium wire rod price stood at INR 216,600 per tonne on October 22 compared to INR 222,600 per tonne on the previous day. Aluminium ingot price was no exception but also saw a cut of INR 6,000 per tonne on Saturday, October 22, to peg at INR 205,500 per tonne. Hindalco Industries Limited reduced its aluminium prices in response to a sharp downfall of US$98.50 per tonne in the three-month futures of aluminium on the London Metal Exchage on Friday. The price thus, slipped...
The global aluminium industry’s most vital segment is the downstream part, which converts aluminium into manufacturing feedstock. Because commercial manufacturers obtain the products produced here, downstream is one of the most important areas in the aluminium industry. To begin with, for the second time in a row, AMAG Austria Metall AG, was recognised with the "Effective Sustainability Communicator Award" for its comprehensive and open sustainability reporting. At its extrusion factory in Offenburg, Germany, Hydro, a major industrial firm dedicated to a sustainable future, invested in a 426-meter-long solar fence. The barrier, the first of its sort in Germany, will lessen emissions from the facility. Kriskadecor, known for its aluminium chain interior products, came up with a unique...
Assan Alüminyum, a subsidiary of Kibar Holding and the most prominent Turkish producer of flat-rolled aluminium products, has decided to give ESG (environmental, social, and governance) high priority in its long-term strategy and future plans. To improve the sustainability of its manufacturing and recycling processes, the firm adheres to the Performance Standards of the Aluminium Stewardship Initiative (ASI). The foundation for the company's ESG-focused future goals is laid by recent releases of sustainable products, corporate social responsibility (CSR) initiatives, and sustainable expansion plans. "We have some exciting news regarding on all 3 dimensions of ESG. As a part of our environmental sustainability-oriented developments, our highly competent R&D team is working on a series of...
The leading industrial company committed to a sustainable future, Hydro is investing in a 426-meter-long solar fence at its extrusion plant in Offenburg, Germany. The fence is the first of its kind in Germany and will reduce the plant's emissions. By 2030, Hydro intends to reduce its emissions by 30% and become net zero by 2050. All Hydro locations are working on switching to renewable energy sources. Renewable electricity is purchased in some of these projects, while it is produced on-site in others. The solar fence project is a collaboration between Hydro Extrusions and the renewable energy company Hydro Rein colleagues. Hubert Ronecker, the Managing Director at the extrusion plant in Offenburg, said, "Every step matters on the path to zero emissions. The energy consumption at an...
Colourful and customisable aluminium chain façade cladding from Kriskadecor can transform buildings' facades without obstructing ventilation. Known for its aluminium chain interior products, Kriskadecor offers space dividers, wall coverings, and architectural ceiling elements. A façade cladding system that can be manufactured with printing, logos, and high-definition photos, the Spanish business has also modified the concept for outdoor use, where it may leave a lasting imprint. "The facade is the only part of the building that can be seen from the outside and has the function of communicating a message derived from its design. It, therefore, deserves special attention in every detail," said Kriskadecor. According to the company, the cladding system offers "unlimited creative options"....
Hindalco Industries Limited has back-to-back cut its aluminium products and aluminium ingot prices on October 18 and 19. As per the revised prices revealed, Hindalco’s latest aluminium wire rod price stands at INR 218,850 per tonne on October 19 versus INR 222,850 per tonne on October 18. Today, the price has seen a cut of INR 4,000 per tonne, while the price underwent a slash of INR 6,250 per tonne a day before. Hindalco’s aluminium billets price is hovering around INR 221,850 per tonne as of October 19, down by INR 4,000 per tonne from INR 225,850 per tonne on the previous day. On October 18, Hindalco’s aluminium billets price witnessed a slash of INR 6,250 per tonne from INR 232,100 per tonne. Aluminium ingot price has also been reduced by INR 4,000 per tonne on October 19 to record at...
On Tuesday, October 18, Aluminium Stewardship Initiative (ASI) announced the joining of Ningbo Tuopu Group Co., Ltd. as its new Production and Transformation member. The primary areas of focus for Ningbo Tuopu Group Co., Ltd. include automotive power chassis, trim systems, intelligent driving control systems, and other sectors. “Tuopu has been committed to sustainable development, promoting energy conservation and emission reduction, building a green factory, and achieving the “double carbon” goal. After joining ASI, it will conscientiously perform the responsible production, responsible procurement and corporate governance of aluminum products, and make greater contributions to promoting the sustainable development of the aluminum industry”, said Wang Bin, the CEO of Ningbo Tuopu Group....
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...
The importance and need for aluminium have only grown in the last decades. According to reports, Novelis Inc., the largest recycler in the world and the top manufacturer of flat-rolled aluminium products, has broken ground and begun building its recycling and rolling factory in Bay Minette, Alabama. AFRY, a leader in engineering, design, and consulting services in Europe, reportedly chose to use artificial intelligence to lessen the environmental impact of aluminium manufacturing for Hydro Extrusion Sweden (AI). ICT Austria presented a unique "jewel" to AMAG Austria Metall AG and ACP Cubido, two leading providers of high-quality cast and rolled aluminium products and data collecting, analysis, and processing software solutions. The creation of a 35kW solar panel system for 3D Aluminium on...
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...
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...
AFRY, a pioneer in engineering, design, and advising services in Europe, has decided to help reduce the climate footprint of aluminium production for Hydro Extrusion Sweden by using Artificial Intelligence (AI). The goal of using artificial intelligence to evaluate production data is to decrease waste, improve quality, and, most importantly, minimize the environmental impact. For Hydro to receive AI-supported process insights, AFRY has examined old and new production data. Sustainable production targets may be more swiftly attained thanks to AI's role in process optimization. "AI gives us the ability to support our manufacturing process by recommending production settings for specific products in advance, to minimize cassation. Had Hydro had the insight we now have, thanks to this...
Momentum Manufacturing Group, one of the leading manufacturers of aluminium extrusion in the US, has announced that phase two of their capacity expansion is underway. To increase output at its manufacturing facility at 43 Industrial Park Drive in Franklin, which produces customised aluminium profiles for various sectors, the business is investing $11 million. The project will create 35 possibilities for advanced manufacturing careers. The investment comprises a $6 million building project to expand the company's current 115,000-square-foot facility by 35,000 square feet of production and logistical support space. To accommodate increased production volumes made feasible by a new 2,920 tonne, 8-inch extrusion press line introduced as part of phase one's $14 million investment, another $5...
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...
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...
