Alumil India, the fully-owned Indian subsidiary of Alumil Group, has successfully delivered advanced fenestration solutions for NICMAR University in Pune, transforming a precast campus vision into a functional, durable and future facing learning environment. The project required approximately three hundred windows within a tight timeline which was successfully delivered by Alumil India. The project deployed Alumil’s top-hung window systems combined with sleek mullions and glazing. “NICMAR University presented an opportunity to demonstrate how fenestration can become an integral part of both a building’s architecture and its performance. The project required us to respond to large openings, intensive daily usage, acoustic and weather considerations, safety, and the specific challenges of...
Anshika Jain resigned as Company Secretary and Compliance Officer of Golkonda Aluminium Extrusions Ltd. on October 24, 2026, citing personal reasons. The company informed the Bombay Stock Exchange about her resignation under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. To know the global production, demand and consumption forecasts of aluminium extrusions, explore our report " The World of Aluminium Extrusions to 2035 " In her letter, Jain said there were no other reasons for her resignation beyond the personal reasons mentioned. She also asked the Board to accept her resignation and complete the required formalities under the Companies Act, 2013. Managing Director Geeta Sethi signed the disclosure on behalf of the company’s Board. The...
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Guangdong Hongte Technology Co., Ltd., or simply Hongte Technology, popularly engaged in manufacturing precision die casting of aluminium alloys, has unveiled its sweeping expansion blueprint with €78 million investment funds that it plans to raise. The finances are planned to be deployed strategically across four areas, which include the construction of a Thai auto parts production facility (Phase I), a state-of-the-art research and development centre at headquarters, a technical upgrade at the Zhaoqing plant, and boosting working capital to navigate market shifts with greater agility. But why now amid the volatile global economy? It is only because of the recovery of the automotive industry that prompts Hongte Technology to fast-track its technological transformation and enhance...
Manaksia Aluminium Company, a leading Indian manufacturer and supplier of aluminium products, has reported a score adjustment reflecting shifts in its technical trends. In the past six months, the company has recorded a 25.15 per cent rise in net sales and demonstrated a substantial operating profit to interest ratio. But despite these positive indicators, the company's long-term fundamentals remain weak, highlighted by a high debt-to-EBITDA ratio. According to the report of Moving Average Convergence Divergence (MACD), a shift in the firm's stock technical indicators have signalled bullish movement week-on-week, where the month-on-month remains mildly bearish. On the other hand, Bollinger Bands show a bullish trend for both the week-on-week and month-on-month periods, suggesting a...
As trade tensions between the European Union and the US reach a critical point, the EU is preparing a second wave of retaliatory tariffs targeting billions of dollars in US exports each year. This move comes amid stalled negotiations and the looming threat of the US imposing steep 30 per cent tariffs on nearly all EU goods starting August 1. Caught off guard by the sudden threat of these duties, the European Commission swiftly responded with plans to impose counter tariffs on US exports valued at EUR 72 billion, a measure that could also impact the EU’s own economy. With both sides gearing up for a potential trade showdown, the stakes are higher than ever for industries on both continents. What is the EU’s second retaliatory tariff package? The European Commission has tabled plans to...
The United States’ dynamic transformation in aluminium trade landscape is very well reflected through its semi-finished product imports, specifically aluminium plates, sheets, and bars as they show both volume growth and evolving sourcing patterns in Q1 2025. Despite maintaining a modest 22 per cent share of the country’s total aluminium imports during the quarter, this segment displayed a notable increase in volume, reaching 324,000 tonnes, up 10.69 per cent from 292,700 tonnes in Q4 2024. Yet, this sequential uptick didn’t surpass the 339,000 tonnes imported in Q2 2024. However, it did outpace Q3 2024’s figure of 300,600 tonnes and marked a 10.97 per cent rise year-on-year from 292,000 tonnes, reinforcing the upward trajectory driven by policy anticipation and domestic demand. February...
The global non-ferrous market size at present stands at USD 1.18 trillion (2024), which is poised to reach USD 1.75 trillion by 2033, shared Dr Anupam Agnihotri at the recently held International Conference for Non-Ferrous Metals, 2025. The metals leading the path of growth include Aluminium, Nickel, Copper and rare earth elements. Image for referential purposes only Amongst all these, from food trays to battery packs, the thin yet mighty aluminium foil has evolved far beyond its conventional kitchen connotation. Now, it’s spearheading a global packaging transformation, with the market projected to leap from USD 29.1 billion in 2024 to USD 48.8 billion by 2034, growing at a CAGR of 5.3 per cent over the next decade. Behind these numbers lies a compelling story of industrial convergence,...
Maan Aluminium, a leading manufacturer and trader of aluminium profiles based out of India, has recently announced its Registrar and Share Transfer Agent, MUFG Intime India Private Limited, about is compliance with Securities and Exchange Board of India (SEBI)'s Depositories and Participants Regulations for the quarter ending on June 30, 2025. Image source: maanaluminium.com Within the confirmation, the company has highlighted the dematerialisation of securities with ensured listing on the stock exchange. Additionally, the confirmation includes updates on registering the members. Till 2003, Maan Aluminium was a private limited company and became a private limited company in August 2006. Nearly a decade later, the firm announced its Registrar and Share Transfer Agent, M/s. MUFG Intime...
Aludecor, one of India’s leading aluminium composite panel manufacturers, has unveiled a new collection, the Mason Mark series. Inspired by the enduring appeal of concrete, this series pays homage to the craftsmanship of masons who have shaped architectural spaces for generations. Featuring six new shades with more in the pipeline, Mason Mark captures the raw elegance of concrete architecture while promoting a more sustainable alternative. By recreating the look and feel of cement through aluminium composite panels, the series offers a bold aesthetic while helping reduce the environmental impact associated with traditional cement use. At a townhall event today, Sourav Kabra, Director Sales at Aludecor, officially unveiled the new product in the presence of CMD Ashok Kumar Bhaiya, along...
British furnace and casthouse expert Mechatherm International has announced the opening of its third Indian office, situated here in Kolkata. This expansion into Eastern India reflects the company's strengthening role under the Chairman Chris Emes to the country's rapidly expanding aluminium sector and comes on the back of the successful launch of its earlier offices in Pune and Chennai. The new Kolkata office will function as a key operations hub for Mechatherm in a region where metallurgical industries abound, with large aluminium producers prominent among them. It will better facilitate the company's direct on-site sales, technical assistance, and project management representation to its expanding client base in West Bengal, Odisha, and the adjacent states. “We have recruited seasoned...
New York State Teachers Retirement System has reduced its stake in Kaiser Aluminum Corporation by 37.1 per cent during the first quarter, according to recent SEC filings. The institutional investor sold 2,552 shares, leaving it with 4,327 shares valued at approximately USD 262,000 by the end of the quarter. Image for representational purpose Several other institutional investors also adjusted their positions in Kaiser Aluminum. Jones Financial Companies LLLP initiated a new stake valued at around USD 52,000 in the fourth quarter. Charles Schwab Investment Management increased its holdings by 1.3 per cent, acquiring an additional 3,816 shares to hold 298,318 shares worth nearly USD 21 million. Raymond James Financial also entered the stock with a USD 2.2 million investment during the same...
Superior Industries International Inc., based in Southfield, Michigan, and one of the leading suppliers of automotive aluminium wheels manufacturers in the world, announced a transformative acquisition deal that will change the company’s future on July 9, 2025. A group of term loan investors led by Oaktree Capital Management entered into definitive agreements to acquire Superior by converting its debt to equity to address the company's increasing liquidity concerns. Turning debt into growth potential As part of the restructuring deal, investors will convert about USD 550 million of term loan claims to 96.5 per cent of new common equity. Superior's funded debt will be reduced from approximately USD 982 million to only USD 125 million, a reduction of almost 90 per cent. The purpose of this...
In a rapidly transforming global aluminium landscape, AL Circle proudly announces the launch of its industry-focused market research report, "Aluminium Foil and its End Uses – Current Trends and Forecast till 2030". As the market for aluminium foil was valued at USD$ 38.55 billion in 2024 and is expected to grow at a CAGR of 5.07 per cent to reach USD$ 51.8 billion by 2030, this newly updated edition brings sharper intelligence, deeper data segmentation, and a more forward-looking analysis to a sector undergoing unprecedented shifts in demand, innovation, and sustainability. Why this report matters now more than ever Aluminium foil is no longer just a packaging material—it is at the heart of critical transformations across pharmaceuticals, energy storage, e-mobility, sustainable...
Romanian aluminium producer Alro has commissioned a state-of-the-art electric furnace for ageing aluminium alloy plates, following an investment of 11.5 million lei ($2.7 million/2.3 million euro). The newly installed electric furnace replaces three older gas-powered units, streamlining heat treatment operations in Alro’s processed aluminium division. This upgrade is set to boost equipment efficiency while enabling more precise control over temperature and other key parameters, the company announced on Wednesday. Specially designed to age aluminium plates from the 2xxx, 6xxx, and 7xxx series alloys, the advanced system can handle plates measuring up to 13,000 mm in length and 2,200 mm in width. Alro, a subsidiary of global aluminium producer Vimetco, saw its shares rise by 6.83 per cent...
A late-night industrial fire lit up the skies over Fort Wayne on Tuesday as firefighters raced against time to contain a blaze at Ward Aluminum Company. The dramatic scene unfolded on Growth Avenue (Fort Wayne, Indiana, USA), where emergency crews faced intense heat, thick smoke, and zero visibility inside the four-story facility. The alarm was raised shortly after 11 p.m., with fire crews reaching the 640 block within minutes. They discovered flames tearing through the second floor of the plant and quickly called for backup to tackle the escalating situation. According to the Fort Wayne Fire Department, firefighters worked in suffocating conditions for more than an hour before bringing the blaze under control by 12:30 a.m. Wednesday. Thankfully, no injuries were reported. The building...
India’s electronics manufacturing sector has received a major boost when the Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) granted the benefit of concessional customs duty on aluminium-based copper-clad laminates used in producing metal-clad printed circuit boards (MCPCBs). This landmark ruling, which directly applies to cases involving Crompton Greaves Consumer Electricals Ltd. and B.S. Electronics Pvt. Ltd., is expected to lower material costs significantly and encourage greater domestic innovation in advanced electronics and LED technologies. Case background and key issues The core issue in the case was whether aluminium-based laminates that were imported to manufacture MCPCBs could be described as Customs Tariff Item (CTI) 8534 00 00, which would be...
Guangdong Zhonglian Aluminium has added a new feather to its name with the prestigious “Foshan Standard” certification for its powder-coated 6063-T5 aluminium profiles. The certificate ensures a true testament to the company’s dedication to excellence and innovation. This recognition highlights Zhonglian’s commitment to delivering premium-quality products while constantly advancing its technological capabilities. But what makes the “Foshan Standard” such a big deal? It represents a bold initiative by the Foshan municipal government to elevate manufacturing quality to new heights. Designed to exceed national benchmarks, surpass industry norms, and rival international standards, the “Foshan Standard” sets a high bar for excellence. When you see this mark, it signals that Zhonglian stands...
Nigeria, one of the world's leading oil producers and home to over 200 million people, continues to grapple with a range of challenges, from insufficient job creation and limited economic opportunities to widespread mismanagement. Among these pressing issues, inadequate electricity supply stands out as a major concern, particularly in key industrial regions where stable power is essential for growth and development. In response to this, the Transmission Company of Nigeria (TCN) has embarked on the reconductoring of the ageing Kumbotso–Dakata 132kV double-circuit transmission line in Kano, a critical infrastructure project aimed at enhancing power supply to the Dakata Industrial Zone and the upcoming Walalambe Transmission Substation. This line also plays a vital role in strengthening...
DISA has established a new test foundry in Denmark to help aluminium, steel, brass, bronze, and iron casting producers adopt the highly efficient green sand moulding process. Designed by DISA's foundry technology experts, the facility will conduct production trials to demonstrate that the green sand method can meet both casting specifications and cost requirements. DISA aims to make it easier for casting producers to switch from more expensive processes like die casting or no-bake, potentially reducing costs by up to 20 per cent, says DISA President Ulla Hartvig Tønnesen. "We typically see a 15 per cent lower cost per casting by switching to green sand, but it can be 20 per cent or more. It's a big opportunity for non-iron foundries currently using processes like shell, no bake and die...
LB Aluminium Bhd announced that it is acquiring a 6.74-acre leasehold industrial land along with existing buildings in Banting, Selangor, for RM 22 million (USD 5.21 million). In a filing with Bursa Malaysia, the aluminium extrusion manufacturer said the property is being purchased from Lucksoon Coatings Sdn Bhd. As part of the agreement, LB Aluminium will enter into a contra arrangement with Lucksoon Coatings and its related company, Lucksoon Metal Works Sdn Bhd, to offset RM 4.01 million of outstanding debt owed by Lucksoon Metal, using part of the purchase price. Additionally, LB Aluminium said it will enter into a three-year tenancy agreement to lease the property back to Lucksoon Metal, which currently occupies the site for its metal works operations and metal product trading...
