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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Constellium reported results for the second quarter ended June 30, 2020. For the second quarter of 2020, shipments stood at 310 thousand tons, a decrease of 25% compared to the second quarter of 2019 due to lower shipments in all three segments. Revenue stood at €1.0 billion, down 33% year on year...
Alcoa Corporation has announced today, July 22, that it has reached an agreement with Gränges AB to supply its low-carbon aluminium rolling slab ECOLUM™ to help the company achieve the goal of cutting carbon emissions across supply chain. ECOLUM™ is part of Alcoa’s SUSTANA™ line of low-carbon...
Clean TeQ Holdings Limited has teamed up with Relativity Space, Inc. to develop scandium-aluminium alloys for 3D printing of launchers for commercial orbital launch services. Clean TeQ will supply scandium oxide to Relativity from its Sunrise Project in NSW, Australia. Clean TeQ’s Chief Executive...
Hydro has entered into a strategic partnership with drinks producer HELL for the supply of Hydro CIRCAL recycled aluminium. This marks the entrance of Hydro CIRCAL into the beverage can industry. HELL ENERGY Group is a producer of energy and soft drinks with own production of beverage cans in...
Metra Holding S.p.A. has joined Aluminium Stewardship Initiative as a new Production & Transformation member. This brings the total number of Members working toward a responsible aluminium value chain to 127. Metra, headquarters – in Europe, USA and Canada, produces high technology extruded...
The latest US Geological Survey data for April 2020 shows an expansion in aluminium crude metal and alloys exports from the United Arab Emirates to the US. The United Arab Emirates exported 38,400 tonnes of aluminium extrusions in April, compared to 20,400 tonnes in March 2020. So, month-on-month,...
Germany-based metal additive manufacturing leader SLM Solutions, in collaboration with Honeywell, is developing 3D printed aluminium parts. Working with aluminium alloy F357, they are jointly producing parameter sets, which will deliver considerably improved material properties compared to parts...
The decades-old Aluminium company located on the Stourbridge Road in UK, Bridgnorth Aluminium, blazed with a fire shortly before 11.30 pm on 19 th July’20. Bridgnorth Aluminium Ltd has firmly established itself as a trusted supplier of rolled aluminium products. The fire was caught in rubbish at...
The British company Automet Limited based in Manchester, a specialist car engine recycler, has obtained £600,0000 as Coronavirus Business Interruption Loan Scheme (CBILS) facility to support its cash flow during the Covid-19 outbreak. Automet, on a two-acre site in Trafford Park, is one of the UK’s...
The ceremony had to be kept small due to the coronavirus. The AMAG management board joined Herbert Ortner, Chair of the AMAG Austria Metall AG supervisory board to open AMAG’s new materials research and testing center, the “Center for Material Innovation” (CMI). The strategic expansion of the AMAG...
Italpresse Gauss, a Norican technology, has supplied its first Chinese make die casting machine to Huicheng Foundry Ltd, an aluminium foundry based in Jinan City, Shandong province, China. The TF1850 two-platen, high-pressure die casting machine was produced at Norican Group’s facility in...
Hydro’s Łódź-based aluminium manufacturing plant certified against the Aluminium Stewardship Initiative's (ASI) Performance Standard and Chain of Custody Standard. All three of Hydro’s aluminium manufacturing plants in Poland are now certified against Performance Standard and ASI Chain of Custody...
The European manufacturing and technical headquarters for Banyard, Inductotherm Heating & Welding Ltd, has prevailed their gratification post the full acceptance to the production of Banyard Aluminium Billet Induction Boost Heater at the Hydro Extrusion plant, Cressona, USA. Patronising the...
The flagship company of Manaksia Group, Manaksia Aluminium Company Limited informed the bourses on 16 th July’20 that profitability for the first quarter of FY21 will have a minor impact and the company will focus to return to a profitable level from Q2 onwards. The company is reconditioning its...
Aluminium billet inventories in China have continued to shrink over the week ending on Thursday, July 16, marking the second consecutive week-on-week fall, found Shanghai Metals Market. According to SMM, aluminium billet inventories today have declined due to high deliveries amid limited arrivals...
According to the US Geological Survey, the United States’ aluminium crude metals and alloys imports from Canada surged by 40 per cent month-on-month in March 2020. From 145,000 tonnes in February, the US aluminium crude metals and alloys imports jumped to 203,000 tonnes in March, found the data. In...
South Korea exported 4,620 tonnes of aluminium semi-finished products to the US in the first three months of 2020, from 12,700 tonnes exported in the first three months of 2019, according to the latest Mineral Industry Survey report from US Geological Survey. Exports declined 63.6 per cent or 8080...
Last week, on July 8, Aodeli Australia reportedly unveiled its latest product catalogue featuring non-combustible panel (NCP), solid aluminium panel (SAP), and new editions of aluminium decorative panel (ADP) and aluminium perforated panel (APP). The new product catalogue offers a full overview of...
