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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Aluminum Rheinfelden Group Managing Director Erika Zender has appointed Johann-Christian Leye as Managing Director of the Rheinfelden Alloys production division. There was a change in management at the Aluminum Rheinfelden Group and as part of the restructuring and reorganization of the group this...
According to Shanghai Metals Market, stocks of 6063 aluminium billet across five major consumption areas in China increased 4,000 tonnes from last week. Higher arrivals at warehouses accounted for the increase in aluminium billet stocks. Aluminium billet inventories now stood at 60,200 tonne as of...
Aluminium Stewardship Initiative announced on Wednesday, September 2, that it successfully certified Chalco Ruimin Co., Ltd. against the Performance Standard certification for responsible production, sourcing, and stewardship of aluminium. As per the report, ASI has certified Chalco Ruimin’s...
Belgium has a free-enterprise economy, with the majority of the gross domestic product (GDP) generated by the service sector. Despite its small size, Belgium's economy has consistently placed among the top 20 economies of the world and remains strong. The kingdom's exports have given it an account...
The President of Ghana, Nana Akufo-Addo on 31st August’20 laid the foundation stone for the construction of Foundry and Computer Numerical Control (CNC) Machine Tooling Centre at the Ghana Atomic Energy Commission (GAEC) in Accra. The factory will manufacture tools, spare parts, bolts and nuts and...
BAGR Berliner Aluminiumwerk GmbH, Europe's leading independent secondary aluminium slab producer, has announced on Tuesday, September 1, that it has started a fully-automated continuous casting line to manufacture high-quality rolling ingots in large widths. On commissioning of the new casting...
Constellium’s facility in Muscle Shoals has received Alabama’s 2020 Large Manufacturer of the Year. The plant, which has an aluminium rolling facility and a beverage can and automotive recycling center, produces aluminium can sheet and Auto Body Sheet substrate. Known as Element 13, recycling...
During the end of 2019, a large production investment of about 600 million kuna has been nominated for the status of a strategic investment project, the door now is wide open for it and the included Croatian experts through its recent inclusion on that very list. Subsequently, in Croatia, among...
Impol Group has achieved Aluminium Stewardship Initiative (ASI) Performance Standard certification for its smelting and casthouse operations in Bistrica, Slovenia. The plant manufactures rolled, extruded and drawn semi-product of aluminium alloys for pharmaceutical, food, transport, construction,...
Chinese aluminium products company China Zhongwang Holdings Limited has curtailed its European sales operation as a result of the European Union’s anti-dumping investigations and coronavirus-induced economic downturn, said two sources familiar with the matter. Zhongwang, a world leading...
Italy’s exports of aluminium semi-finished products (plates, sheets, bars, etc.) to the US stood at 1,230 tonnes in May 2020, with a year-on-year decrease of 58% from 2,950 tonnes in May 2019, according to the latest Mineral Industry Survey report from the US Geological Survey. Aluminium...
China Zhongwang Holdings Limited, a world-leading fabricated aluminium products developer and manufacturer, has announced its unaudited interim results for the first half of 2020 ended on June 30. The company’s total sales volume during the period stood approximately at 351,637 tonnes, with revenue...
As part of improving efficiency and adapting Gränges Europe’s operations to current market situations, a decision has been made on organizational changes in the Swedish operations. The new organization aims to strengthen Gränges Europe’s customer offer and long-term competitiveness. As a part of...
PT Indal Aluminum Industry Tbk. (INAI), an aluminium extrusion producer has stated that this year it will expand the supporting product segment and continue to count on a more potential export market. Alim Prakasa, Executive Managing Director, INAI, said: “In running the aluminium industry, the...
Germany’s exports of aluminium semi-finished products (plates, sheets, bars, etc.) to the US came in at 3,370 tonnes in May 2020, with a year-on-year decrease of 70%.Germany had exported 11,200 tonnes in May 2019, according to the latest Mineral Industry Survey report from the US Geological Survey....
As updated by Shanghai Metals Market, inventories of of 6063 aluminium billet across five major consumption areas in China stood at 56,200 tonnes as of Thursday August 27, a drop of 3,800 tonnes from last Thursday. The chart below indicates the current status of aluminium billet inventories across...
Despite the changes and uncertainty of NAFTA being renegotiated as the new United States-Mexico-Canada Agreement (USMCA), the major manufacturing industries in Mexico are expected to see continual growth. Although many industries are moving their manufacturing to Mexico, the most prominent...
The Casablanca Stock Exchange-listed company; Aluminium du Maroc has achieved a turnover of around 304 million dirhams for the first six months against 437.3 million dirhams in the same phase of the previous year, thus marking a drop of 30%. The slump follows the downward trend in commodity prices...
