Uno Minda is set to invest around INR 14.15 billion (USD 147.51 million) across four manufacturing expansion and consolidation projects, with a major portion of the spending directed towards increasing its aluminium casting capacity in Hosur, Tamil Nadu. The automotive components maker plans to...
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,...
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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...
TRIMET now offers an aluminium alloy, using the name trimal®-05AM, and that the materials specialist has developed especially for the production of light metal parts in 3D printing. The alloy, which is based on the material trimal®-05 developed by TRIMET, is suitable for additive manufacturing...
According to the Shanghai Metals Market, operating rates across major aluminium processors last week increased by 0.2 per cent point to 77.3 per cent, attributing to the commissioning of new capacity at primary aluminium alloy producers. Demand for aluminium foil remained strong, while orders at...
According to the latest data shown by the US Geological Survey, the United States’ imports of aluminium crude metals and alloys from Argentina remained flat month-on-month in May 2020 at 18,400 tonnes. In April, the imports totalled 18,700 tonnes, following a sharp downfall in March from 12,800...
PT HK Metals Utama Tbk (HKMU) will focus its business on the aluminium extrusion, as it sees the business potential that grows along with changing habits during the COVID-19 pandemic. Jodi Priyono, Corporate Secretary, HK Metals Utama said: “This year the aluminium building materials sector is...
Emirates Global Aluminium has been heralded for the second time as ‘Global Aluminium Supplier of the Year’ by Maxion Wheels, the world’s leading wheel manufacturer of aluminium and steel for passenger, commercial, and specialty vehicles. Maxion Wheels has been using EGA’s aluminium since 1995 for...
On 24 th August’20, the European Commission declared that aluminium extrusions from China will be subject to registration by national customs authorities as of 25 th August’20 in the regards to the ongoing extrusions anti-dumping investigation initiated in February this year. European Aluminium...
The surprising takeover of the Arche group's auto parts foundries by China's third-largest aluminium producer, Hangzhou Jinjiang, only lasted two years. The fall in diesel automotive sales and the promised investments which were not made in these factories are the major cause to be considered, as...
Hindalco Industries Ltd has reduced its aluminium products price after hiking it for the second time in a row. With effect from Saturday, 22 August 2020, the company’s wire rods price stands at INR 159,350 per tonne, registering a drop of INR 3,000 per tonne from INR 162,350 per tonne on August 21....
Jindal Aluminium, India’s largest aluminium extrusion company which controls domestic market share over 30% is expanding its focus on the defence and aerospace sector, as it forecasts these sectors to be more potential given the policy changes permitting private players, as per a senior company...
The COVID-19 pandemic has not fickle the plans of Hydro Extrusion Poland Sp. Z.O.O. in Łódź, which employs 580 staffs and is looking for more 100 people. Hydro’s extrusion plant in Łódź has been operating for 21 years and has been manufacturing aluminium accessories for the automotive industry,...
MELD Manufacturing Corporation, Christiansburg, Virginia, USA, has announced that it has additively manufactured a 3.05 metre (10 ft) diameter aluminium cylinder, which has potential to demonstrate the scalability of open-air MELD process. MELD is a patented, solid-state process for additive...
Friction Stir Welding (FSW) is a promising technology for assembly aluminium parts since 1995. All aluminium alloys can be welded including high-strength alloys (2000, 6000 and 7000 series). This method is also used and very popular for assembly dissimilar materials, such as aluminium - copper,...
Hindalco Industries Ltd has increased its aluminium products price for the second time in a row. With effect from Friday, 21 August 2020, the company’s wire rods price stands at INR 162,350 per tonne, marking an increase of 0.78% or INR 1,250 per tonne from INR 161,100 per tonne on August 20. The...
According to Shanghai Metals Market data, the 6063 aluminium billet inventories in China have decreased this week ended on August 20 by 9,400 tonnes from a week ago. SMM data shows the billet inventories are now at 60,000 tonnes, marking the second consecutive week of decline. On last Thursday,...
According to a recent report, the automobile component manufacturing companies in India saw a decline of 11.7 per cent to INR 3.49 lakh crore in their total turnover during fiscal 2020, attributing to the COVID-19 impact on the automobile industry. In the financial year 2019, the revenue of the...
Montenegro-based aluminium company Uniprom has inaugurated its aluminium billets manufacturing unit at aluminium smelter KAP's factory in Podgorica, SeeNews reported. The 15 million euro ($17.9 million) unit will have a manufacturing capacity of 70,000 tonnes of aluminium billets. "We know that a...
The auto manufacturers are grasping that being environmentally responsible and profitable are not mutually exclusive. Being environmentally responsible can achieve better growth, cost savings, improve brand recognition, and increase profitability. The environmental impact of the responsible use of...
