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In the downstream aluminium sector, some of the notable enterprises received the Aluminium Stewardship Initiative certification this week. To start with, Emirates Global Aluminium (EGA) bagged the ASI Performance Standard Certification for aluminium smelter and casthouse operations and other associated facilities at Jebel Ali plant in the UAE. Having an annual production capacity of more than one million tonnes of aluminium, the facility produces aluminium products in three main categories: high purity and foundry re-melt products, and billets for extrusion and forging, destined for several downstream uses in the electronics, aerospace, automotive, packaging, lithographic sheets, construction, and transportation sectors.
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Yunnan Yongshun Aluminium Co., Ltd. bagged the ASI Chain of Custody Standard Certification for smelting, casting and sawing activities for the production of aluminium alloy flat ingots. In a year, the facility can produce 150,000 tonnes of mid-to-high-end aluminium alloy flat ingot.
Shangqiu Yangguang Aluminium Product Co., Ltd. also received the Chain of Custody Standard certification on August 20 for aluminium smelting, cold rolling, annealing and packing operations, and related management activities. Shangqiu Yangguang Aluminium’s main products are aluminium and aluminium alloy plate and aluminium sheet and strip.
Besides, the largest distributor of aluminium extrusion in Indonesia, HK Metals Utama revealed that its aluminium sales grew significantly amid the COVID-19 pandemic. The 2020 financial statement of the company reflects that throughout the year the aluminium sales surged to Rp 264.11 billion when compared to the previous year's Rp 225.86 billion. Concurrently, until Q1 2021, aluminium sales were still the largest contributor to the Company's revenue of Rp 67.95 billion, despite its decrease to Rp 91.44 billion.
Alumobility, a global ecosystem of leading aluminium and downstream technology partners that support automotive manufacturers in creating lighter, safer, smarter and more sustainable vehicles, announced that it welcomed ARO, Atlas Copco and Sika as new members. They are the experts in joining techniques for aluminium and other metals and will contribute knowledge about aluminium auto body sheet components assembly such as closures, body structures and battery enclosures.
This autumn, Alumobility will launch a new study on the latest joining methods to demonstrate the value and performance of various joining scenarios that can be used for aluminium-intensive vehicles. The findings of the study will be shared in upcoming global auto industry conferences.
Arconic, a leading provider of aluminium sheet, plate and extruded product, announced that it would expand its Blount County manufacturing operations with more than $100 million investment in Tennessee. The expansion will meet the rising demand for industrial products and can sheet and will bring 200 new jobs to its Alcoa facility.
To know more: https://www.alcircle.com/news/arconic-invests-100-million-to-meet-demand-for-industrial-products-and-can-sheet-70129
Alcomet, a manufacturer of aluminium products in Bulgaria, announced that it received green nod for its 1.7 million euro ($2 million) project ALUGREEN (Greener anodizing for cleaner nature) under the Business Development, Innovation and SMEs programme for Bulgaria supported by Norway grants. The anodizing project is likely to enhance the company’s competitiveness through the implementation of innovative green processes in Alcomet’s anodizing shop in the northeastern city of Shumen over the next 18 months, SeeNews reported.
To know more: https://www.alcircle.com/news/alcomet-receives-approval-for-1-7-million-euro-green-anodizing-project-70159
The Newton Aycliffe, UK based business, which manufactures chassis components, has infused in new machinery to reinforce four new deals that comprehend long-term projects with Nissan, BMW and Jaguar Land Rover, which will succour jobs for the upcoming years.
The company stated the new projects would drive the creation of 130 new jobs opportunities at its Newton Aycliffe facility and increase the production to more than eight million parts over the next nine years period.
On Thursday, August 19, Hindalco Industries Limited reduced its aluminium products prices, following three hikes in a row since last week. The company’s aluminium wire rod price saw a cut of INR 3,500 per tonne INR 234,600 per tonne, while its aluminium billets price decreased from 234,100 per tonne to 230,600 per tonne.
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