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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Owl’s Head Alloys has joined the Aluminium Stewardship Initiative (ASI) as a new Production & Transformation member. This brings the total number of members to 144. “Owl’s Head Alloys is joining ASI to support its customers that are deeply involved in aluminum smelting, casting, rolling, extruding,...
The shareholders of Hirschvogel Holding GmbH, one of the largest international automotive suppliers in the area of aluminium and steel forging as well as subsequent machining, initiated the first step by appointing Walter Bauer and Dr Dirk Landgrebe at the new top management, with the view to be...
The aluminium treatment specializing company Newalu headquartered in Delbrück, Germany has gained a vital order worth multi million euros. Newalu GmbH, the supplier of heat-treated and ready-to-install aluminium components for the production of the Air e-sedan from Lucid Motors, a US automobile...
Lower arrivals of stocks at warehouses, coupled with robust demand, have further fuelled the downfall of 6063 aluminium billet stocks in China this week, ending on Thursday, November 26. China’s aluminium billet inventories today have shrunk by 6,400 tonnes across the five major consumption areas...
Hindalco Industries Limited has reduced the prices of its aluminium products and aluminium ingot with effect from Wednesday, November 25, in line with the downtrend in global aluminium benchmark price on the London Metal Exchange after November 19. Hindalco has cut its aluminium wire rod price by...
Chile is considered as the richest country in all of South America with exceedingly high living standards as well as a well-developed economy. The Gross Domestic Product (GDP) in Chile was worth $ 282.30 billion in 2019, according to official data from the World Bank and projections from Trading...
Azeraluminium LLC, a subsidiary of Azerbaijan Industrial Corporation OJSC, and German company Achenbach Buschhutten have started working on expanding aluminium production based on a preliminary agreement signed between them in Azerbaijan. Through the expansion, the companies intend to produce a...
Russia’s exports of crude metals and alloys to the US came in at 3,380 tonnes in August 2020, a decrease of 56% year-on-year. The Russia had exported 7,680 tonnes to the US in August 2019, according to the latest Mineral Industry Survey report from the US Geological Survey. On a month on month...
According to the General Administration of Customs data, aluminium imports in China declined month-on-month in October as domestic and international prices spread narrows. Imports of unwrought aluminium and aluminium products came in at 256,619 tonnes last month, down 27.9%. Imports of unwrought...
Hammerer Aluminium Industries’s re-melting and casting operations at the HAI Santana S.R.L. facility has received ASI Performance Standard Provisional Certification. The plant in Romania produces billets and rolling ingots from recycled aluminium scrap for automotive, electronics, transportation,...
Przemysław Grzybek, Board Member and Financial Director of Alumetal stated that the investment outlays of the Alumetal Group will ultimately amount to "PLN 60 million-plus" in 2020, while in 2021 the group's Capex is planned at the level of several million zlotys. Alumetal is one of the biggest...
The internationally recognized body of the Aluminium industry, The Aluminium Association, which assigns all-new aluminium alloy designations, has accepted the registration of the A20X powder with new metal powder designations. Aluminium Materials Technologies (now part of Eckart GmbH, an Altana...
The United States imports of aluminium plates, sheets and bars from Canada stood flat in August 2020 at 18,300 tonnes, following an increase in July by 2,700 tonnes or 17.65 per cent from 15,3000 tonnes in June to 18,000 tonnes, according to the USGS data. The imports in June from Canada were also...
According to Shanghai Metals Market, stocks of 6063 aluminium billet across five major consumption areas in China declined this week due to lower arrivals at warehouses. The inventories dropped by 12,500 tonnes from a week ago to 75,400 tonnes as of Thursday November 19. The chart below indicates...
WALES’ leading aluminium fabricator Dudley’s Aluminium will again help in the redevelopment of Cardiff’s Central Square as it begins work on a major multi-million-pound project. Dudley’s Aluminium has secured the contract worth more than £6million, along with ISG. They will work closely with...
The economy of Ecuador is mainly based on mining, agriculture and fishing. The country has substantial petroleum resources, which accounted for 40% of the country's export income and one-fourth of central government budget revenues in recent years. Ecuador has seen the sharpest GDP shrink in at...
Chinese-German joint venture and the first tier auto industry supplier Hasco KSPG Nonferrous Components (KPSNC) has bagged a six-years order contract for aluminium electromotor housings from an internationally operating maker of premium automobiles. Designed for a water-cooled synchronous motor...
Zouping Hongfa Aluminium Science Technology Co. Ltd. has reportedly placed an order for one melting and holding furnace cell with Andritz AG, an Austrian plant engineering group with headquarters in Graz. The furnace cell will be installed in Zouping Hongfa’s plant in Shandong Province, China, and...
