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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Until October 2024, the United States imported 1.03 million tonnes of aluminium plates, sheets and bars versus 842,000 tonnes a year ago. That reflected an annual hike of 22.37 per cent, driven by back-to-back significant import volumes from April to July 2024, ranging between 106,000 and 120,000 tonnes. From August onwards, imports decreased below 100,000 tonnes, averaging around 93,000 to 96,000 tonnes. According to the United States Geological Survey, imports of aluminium plates, sheets, and bars increased month-on-month, though they remained below the levels observed in the second quarter of 2024. In October 2024, the United States aluminium plates, sheets and bars imports stood at 96,200 tonnes versus 94,100 tonnes in September and 77,600 tonnes in October 2023, marking M-o-M...
An international team of engineers has pioneered a scalable and innovative approach to fabricating topography-patterned aluminium surfaces, significantly enhancing liquid transport capabilities. These advancements hold great promise for critical applications, including electronics cooling, self-cleaning technologies, and anti-icing systems. Image Source: research website An important step in tailored surface engineering The research, recently published in Langmuir, was a collaborative effort between Rice University and the University of Edinburgh under the Rice-Edinburgh Strategic Collaboration Awards program. It highlights the use of cost-efficient vinyl masking techniques to create surfaces with high-resolution wettability contrast, unlocking new potential for improving phase-change...
CITIC Dicastal’s Morocco plant has been recognised as Africa’s first ‘Lighthouse Factory’ by the World Economic Forum, marking a significant milestone in the continent’s embrace of intelligent manufacturing, particularly among nations participating in the Belt and Road Initiative. Experts have said that this recognition also supports Africa’s industrialisation and sustainable development. A ‘Lighthouse Factory’ represents the pinnacle of intelligent manufacturing and digitalisation, serving as a model for the best practices in applying ‘Industry 4.0’ technologies. The latest cohort of Lighthouse Factories offers a blueprint for the accelerated deployment of artificial intelligence solutions that enhance productivity, improve problem-solving capabilities, and foster innovation, according...
Yulin New Materials Group has reported significant progress this year, prioritising high-end differentiation in the aluminium industry while emphasising steady growth, enhanced quality and efficiency. The company has made consistent advancements in production and operations, achieving remarkable outcomes in high-quality development. As of November 30, the company's operating income has surpassed the annual target, marking a record-breaking year with a 28.27 per cent increase compared to the previous year. Souce: FreePik Significant strides have been made to advance high-quality projects. Between January and November, the company invested RMB 1.225 billion in fixed assets, achieving 99.69 per cent of the annual plan. The flat ingot production line of the aluminium-based new material...
Kaiser Aluminum (NASDAQ: KALU), a leading producer of speciality aluminium products, announced today that its Board of Directors has approved a quarterly cash dividend of $0.77 per share. This dividend, representing a 4.3 per cent yield, is scheduled to be paid on February 14, 2025 to shareholders on record as of January 24 2025. According to InvestingPro, the company has maintained its dividend payments for 18 consecutive years, with a consistent commitment to shareholder returns. Based in Franklin, Tennessee, Kaiser Aluminum has built a reputation for delivering high-quality, engineered solutions across various industries, including aerospace, automotive, and general engineering. Established in 1946, the company is a significant player in the aluminium sector, specialising in...
On January 14, a report revealed that Novelis renewed its multi-year partnership with thyssenkrupp Aerospace, agreeing to supply specialised aerospace-grade aluminium to the latter. This renewed agreement re-establishes the two companies' age-old collaboration, as Novelis has long been a supplier of premium, aircraft-grade aluminium plates and sheets to thyssenkrupp Aerospace. Under the new agreement signed, Novelis will supply specialised aluminium to thyssenkrupp Aerospace's key markets in Europe and Asia from its facilities in Koblenz, Germany, and Zhenjiang, China. Patrick Marous, CEO of Business Unit Solutions at thyssenkrupp Materials Services and responsible for the Aerospace business field, commented: "We are very pleased that our global Aerospace unit is prolonging our...
Novelis, the global leader in aluminium rolling and recycling and a wholly owned subsidiary of Hindalco has released a preliminary financial report for the third quarter of FY2024-25, outlining its anticipated fiscal and operational performance for the three-month period. Novelis believes its earnings before interest, tax, depreciation and amortization (EBITDA) on an adjusted basis to be between $360-370 million, reflecting about a 21 per cent decline from $454 million recorded during the corresponding period of the previous year. EBITDA for the same period is estimated to range between $400 and $407 per tonne, down by 18-19 per cent Y-o-Y from $499 per tonne. Aluminium flat rolled products shipments are likely to remain the same as the previous year, standing at 910,000 tonnes. Despite...
Ricoh Company, Ltd., headquartered in Kanagawa, Japan, has introduced an innovative process to join aluminium components produced through Binder Jetting (BJT) with wrought aluminium alloys. Metal Binder Jetting is a highly efficient and cost-effective Additive Manufacturing (AM) technique, suitable for both prototyping and mass production. Image Source: Ricoh This breakthrough not only overcomes size limitations traditionally associated with Binder Jetting but also holds the potential to substantially lower production costs. However, Ricoh notes that the sintering process inherent to BJT can pose challenges in maintaining precision when fabricating larger components. About the innovation Ricoh has addressed these challenges with its newly developed diffusion bonding technology for...
The ever-increasing demand for value-added aluminium products has left no nook of the world untouched for new projects. From India to China to the United Kingdom, aluminium product manufacturing plants have cropped up in many parts of the world. While some manufacturers have expanded their capacities by building new phases, some have debuted with new facilities to tap into the potential business opportunities. Let's explore the top downstream aluminium projects that commenced in 2024, aiming to meet global demand, mainly from the automotive, renewable energy, and packaging sectors. Alro's advance precision cutting facility - Cutsmart Systems Alro Slatina, one of the largest vertically integrated producers in Europe, commissioned a new cutting-edge aluminium processing facility, Cutsmart...
Novelis Inc., a global leader in sustainable aluminium solutions and a subsidiary of Hindalco Industries, announced today (Thursday, January 9) that its indirectly wholly-owned subsidiary plans to raise $750 million through a bond issuance. The company intends to allocate the net proceeds from this offering to repay $738 million of outstanding debt, with any remaining funds added to its balance sheet as cash reserves. The US-based aluminium rolled products company reported an 18 per cent drop in net income to $128 million for the September quarter of the 2024-25 fiscal year. This compares to a net income of $157 million in the same period of the previous financial year, according to a company filing with the BSE. "Novelis Inc...today announced that its indirect wholly-owned subsidiary...
Sacheta Metals, a microcap company in the aluminium products industry, received an upgraded stock rating of 'Hold' from MarketsMOJO on Monday, January 6, 2025. The upgrade reflects the stock's entry into a bullish range, marking an improvement from the mildly bullish trend observed on December 16, 2024. A "hold" recommendation indicates that an analyst expects the stock to remain stable, performing in line with the overall market or its industry peers. It advises current investors to retain their shares, while suggesting that potential investors refrain from purchasing the stock at this time. Although the stock has delivered a modest return of -1.96 per cent since then, key technical indicators such as MACD, KST, and OBV point to a favourable outlook. Established in 1990, Sacheta is a...
There is an increasingly urgent need for lightweight components in the aerospace industry, with aluminium (Al) alloys being the preferred material for aircraft structural parts since their use in the Junkers F.13 aircraft in the 1920s. Compared to other metals, Al alloys have a lower density, which helps reduce the total weight of the aircraft, improving fuel efficiency and load capacity. An article on ScienceDirect, backed by the National Natural Science Foundation of China, the Science and Technology Development Program of Jilin Province, and the Natural Science Foundation of Chongqing, details the use of non-ferrous metals in the aviation industry. The strength and hardness of Al alloys can be significantly enhanced through alloying and heat treatment, making them suitable for...
Aviation Materials Co., Ltd. has announced a capital injection of RMB 60 million into Hexing Aviation Materials using its funds. Following the investment, the company’s shareholding in Hexing Aviation Materials is expected to reach 34.1655 per cent. Hexing Aviation Materials specialises in the research and production of high-strength, high-precision aluminium alloy materials and related products, catering primarily to the nuclear industry, aerospace, and other advanced sectors. This capital increase will raise the registered capital of Hexing Aviation Materials by RMB 4.982 million, fully subscribed by Aviation Materials Co., Ltd. The capital increase aims to strengthen the company’s portfolio of advanced aluminium alloy products while boosting the production capacity and profitability of...
An Indian microcap entity dealing in the aluminium product business has recently reached a new 52-week low, with its share price dipping to INR 8.92 (USD 0.10) on January 2, 2025. IGC industries' such stock performance has nudged shareholders to follow the 'strong sell' advice of the analysts and advisors. This decline hints at the company's perennial downfall, which has seen its stock underperform the sector by 5.1 per cent day-on-day. During the past 7 days, the entity has witnessed a recurring fall, finally coming down to a total descent of 29.64 per cent. The company's performance over the past year has been extremely poor, experiencing a significant decline of 84.18 per cent. In contrast, the Sensex has gained 9.39 oer cent during the same period. Additionally, the company has...
VR Infraspace Limited, an Indian-based company engaged in the construction and development of residential and commercial properties, has experienced a 5 per cent increase in stocks following its announcement to acquire a 70 per cent stake in Daxon Aluminium Private Limited for only INR 56,000 (US$653.11). Upon the announcement, the company’s shares rose to INR 302.30 (US$3.53) per share from its previous closing price of INR 287.95 (US$3.36) per share. After the completion of the acquisition, which is scheduled in February 2025, Daxon Aluminium, the producer of aluminium tubes, coils, foils, and extrusions, will become a subsidiary of VR Infraspace, complimenting the latter’s diversification goals into aluminium manufacturing. Specialised in residential projects offering luxurious living...
MAAN Aluminium Limited, one of the pioneers in the Indian aluminium extrusion industry, has experienced a 3 per cent jump in shares following the commencement of commercial production at the newly installed 30 MN short stroke back loading press. Image Source: LinkedIn, MAAN Aluminium Ltd The new press, equipped with advanced technologies, has doubled the production capacity from 12,000 tonnes to 24,000 tonnes. It supports 30 mm wider profiles and enables the production of all series alloys (1xxx to 7xxx), strengthening MAAN Aluminium’s position in the Indian and international markets. The press with cutting-edge technologies can streamline operations and enhance production efficiency, boosting the company’s competitiveness in the global aluminium extrusion market. On December 27, MAAN...
Gamber-Johnson, an award winning manufacturer and designer of robust mounting solutions for electronic equipment used in vehicles, forklifts, and various mobility applications announced its recent acquisition of American Aluminum Accessories. By integrating American Aluminum Accessories into its portfolio, Gamber-Johnson addresses a critical product gap, ensuring a seamless fit with its existing solutions. Image Source - Gamber Johnson This milestone reflects the company's ongoing commitment to delivering comprehensive, industry-leading solutions to customers worldwide. This strategic acquisition enhances Gamber-Johnson’s capabilities and broadens its product offerings to better serve diverse industries, including the public sector, material handling, logistics, and enterprise. “Over the...
China's Gui Aluminum New Materials Co., Ltd. has unlocked a new milestone. The company has once again secured a spot in the top 100 Guizhou manufacturing enterprises in 2024. This achievement marked a remarkable climb of 41 places compared to its 2023 ranking. Image Source: Indiamart In recent years, Gui Aluminum New Materials and its subsidiaries have proactively advanced technological innovation, product research and development, and market expansion. The "2024 Guizhou Entrepreneur Annual Meeting and Guizhou Entrepreneur Activity Day," organised by the Guizhou Enterprise Federation and Guizhou Entrepreneur Association, recently took place in Guiyang. About Gui Aluminum Committed to driving the deep processing and high-end evolution of aluminium, the company has consistently enhanced...
