Five years after taking control of Metra, KPS Capital Partners is preparing to hand over the aluminium extrusion company to Poland’s Grupa Kęty in a deal valued at EUR 645 million (USD745 million). The transaction, which is expected to close in the first quarter of 2027 pending customary approvals,...
Kibar Americas has begun production at the former Novelis aluminium plant in Fairmont, marking the facility’s return to operation more than a year after its sudden closure resulted in the loss of more than 180 jobs. The reopening was marked by a ribbon-cutting ceremony attended by local leaders and...
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Hind Aluminium Industries Limited, a manufacturer of aluminium & alloy conductors and aluminium wire rods for use in power transmission and distribution applications, published its results for the quarter ended September 2020. Hind Aluminium’s sales stood at INR 43.62 crore in the quarter ended...
The British metal magnate, Sanjeev Gupta’s ALVANCE Aluminium Duffel has been awarded the VCK Business Excellence Award by the Flemish Centre for Quality. They won the award for their quality roadmap that they have advanced in recent years. The ALVANCE Aluminium Duffel quality story started in 2017...
The economy of Singapore ranks as the most open in the world, 3rd least corrupt, most pro-business, with low tax rates and has the third-highest per-capita GDP in the world in terms of purchasing power parity (PPP). However, the trade and industry ministry revised its full-year forecast for...
Aluminium Stewardship Initiative announced that it welcomed ASAŞ Alüminyum as a new Production & Transformation member, bringing the total number of members to 145. ASAŞ Alüminyum produces a wide range of value-added products for various sectors such as automotive, railway, commercial vehicles,...
Jiangsu Dingsheng New Materials Joint-Stock Co., Ltd. has been certified against Aluminium Stewardship Initiative Chain of Custody Standard Certification for its three production facilities in Zhenjiang, Jiangsu Province. The plants’ operations covers aluminium re-melting, continuous casting, cold...
According to Shanghai Metals Market, stocks of 6063 aluminium billet across five major consumption areas in China increased this week on higher arrivals at warehouses. The inventories rose by 3,700 tonnes from a week ago to 72,700 tonnes as of Thursday, 03 December 2020. The chart below indicates...
Despite the ongoing COVID19 pandemic and possible aftermath, the metals market in China is recovering, especially in the scrap sector, pointed out commodities veteran Andy Home. On Thursday at the Shanghai Metals Market’s 2020 Nonferrous Metals Industry Chain Annual Conference, Andy Home stated,...
MQP, the global leader in the development, manufacture and application process of grain refinement in aluminium alloys has brought on board metallurgist Dr Shervin Tabrizi new technical manager to take its mission to improve metal quality across global manufacturing to the next level. MQP, the...
If you are looking for world-class die casting cells to augment casting business than you are at the right place. We have a list of nine die casting cell, which are up for sale with a huge price reduction. AlCircle is here to help out with the best solution to your business towards procurement of...
Reynaers Aluminum acquires technical wholesaler Agentor and in this way the company strengthens its position in the Netherlands. Agentor NV will become part of Reynaers Aluminum BV, located in Helmond, and active in the development and sale of aluminium facade systems in the Netherlands. Reynaers...
Alcoa Corporation has entered into agreement to sell Alcoa Warrick LLC, covering rolling mill business for total amount of approximately $670 million. The transaction is likely to close by the end of the first quarter of 2021, subject to regulatory approval and customary closing conditions. “The...
A team of scientists, at the National University of Science and Technology (NUST) MISIS in Russia developed a new composite material to enhance the hardness of 3D printed parts. It is an aluminium powder fortified with carbon nanofibers which would increase the strength of the parts produced by...
AMAG Austria Metall AG, a premium supplier of high-quality aluminium cast and flat rolled products and specialised in recycling, is reportedly setting up the largest rooftop photovoltaic (PV) system worth several million euros in Austria across an area of 55,000 m² – roughly the size of eight...
Shadow Minister for Defence Richard Marles has reportedly paid a visit to DECO Australia’s manufacturing facility in Minto, New South Wales to observe the company’s defence capabilities, including surface finishing, protective coatings, and non-combustible aluminium building products. Deco founder...
According to the Credit Suisse Global Wealth Report 2019, Lithuania belongs to the high-income group. However, the economy will rebound strongly in 2021, after 2020's pandemic-induced contraction, although the downturn should be the softest in the EU. A revival in foreign and domestic demand and...
Tata Steel has expanded its value-added portfolio with the launch of new product named ‘Galvanova’ to address the needs of the Medium and Small Scale Enterprises (MSMEs). Galvanova, a 55% Aluminium-Zinc alloy coated product, is an all-weather durable product with superior corrosion resistance, and...
The Indian auto components manufacturer, also specialised in Heat Shields, Talbros Automotive Components has signed a Technical Assistance Agreement (TAA) with its Japanese partner 'Sanwa Packing Industry Co. Ltd.' for Light Weight Aluminium Heat Shields. The product will be used for automotive...
ALRO’s downstream subsidiary Vimetco Extrusion became a supplier for the most sophisticated industries by delivering value-added products for heliports constructions. Vimetco Extrusion signed agreement with ABC Development Aviation to develop helideck platforms made in Romania. The first...
