Norway will provide a guarantee of up to NOK 150 million (USD 16.08 million) to support revenue security for the planned 255 MW Thakadu solar project in South Africa, helping reduce the risk faced by investors in the renewable energy development. The guarantee will be provided to Lyra Energy, an electricity sales platform jointly owned by Scatec, Standard Bank and Stanlib. It will cover the risk of companies buying electricity from the solar plant failing to make their payments. The agreement, announced on September 14, 2026, is the first involving a private company under Norway's renewable energy guarantee mechanism. The NOK 5 billion (USD 536 million) programme is designed to encourage greater private investment in renewable energy projects in developing countries by taking on part of...
The latest escalation in the US-Canada trade dispute is putting pressure on one of North America's most deeply integrated manufacturing networks, with auto-parts makers facing higher costs and growing uncertainty over where and how components should be produced. The two countries have spent decades building an automotive supply chain in which parts and materials routinely cross the border multiple times before reaching a finished vehicle. The latest tariff measures, including duties on aluminium and steel, threaten to disrupt that model and could force suppliers to reconsider long-established production routes. The immediate challenge for automakers and their suppliers is deciding whether to absorb higher costs in the short term or make expensive changes to their supply chains. For...
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Construction Products Association (CPA) predicts that market inflammation might leave a permanent scar on the British construction sector as labour supply crunch, increasing price of electricity, the rising cost of raw materials and the Ukraine war delay construction in the UK. Alumil has become the first Greek company to gain the international Cradle to Cradle (C2C) certification, which permits it to build sustainable structures implementing Bioclimatic Architectural principles with a primary focus on green facilities producing energy. Despite facing uniform geopolitical and economic conditions, Ball Corporation reported a significant growth in its net earnings and net sales in the first quarter of 2022 than 2021. Nokia, the mobile magnet from Finland has announced an upcoming Android 12...
ALUMIL is the first Greek company to receive the international Cradle to Cradle (C2C) certification for the sustainability of its products. ALUMIL's Cradle to Cradle accreditation offers new opportunities for involvement in projects that adhere to sustainable building and Bioclimatic Architecture principles, resulting in green structures with great energy efficiency. Apart from the C2C accreditation, ALUMIL’s achievements include significant investments in the production of green recycled aluminium, the EPDs (Environmental Product Declarations) for integrated architectural systems, and the honorary distinction "Most Sustainable Company in Greece 2022" as a company representing the sustainable development model. ALUMIL's efforts and measures to solidify a company strategy connected with...
On May 5, 2022, Ball Corporation, the world’s leading aluminium packaging company, announced its first quarter 2022 financial results, declaring net earnings of $446 million or $1.37 per diluted share attributable to net sales of $3.7 billion. A year ago, the company’s net earnings were $200 million or 60 cent per diluted share on sales of $3.1 billion. Ball’s first quarter 2022 comparable net earnings were $252 million or 77 cent per diluted share compared to $240 million or 72 cents per diluted share during the same period last year. From its beverage packaging business in North and Central America, Ball Corporation reported comparable segment operating earnings of $174 million for 1Q2022 on sales of $1.6 billion, as against $140 million on sales of $1.3 billion during 1Q2021. Increase...
The American Bubble, a Los Angeles-based bubble manufacturer is the first patent-pending, eco-friendly, long-lasting bubble system created in the United States. The firm introduced its Bubble Tree product in an aluminium bottle that reflected the brand's sustainability and environmental safety ideals. The package was developed in collaboration with Trivium, a metal packaging provider, and was recently honoured with a World Packaging Organization WorldStar Award. According to Chas Aylsworth, Business Development Manager at Trivium Packaging, the bubble composition and the aluminium bottles were evaluated for long-term compatibility. “We knew the bubble market very well and saw that it was only saturated with plastic bottles that aren’t even 100% recyclable,” said Susan Wasserman, founder...
Enray Solutions from India has evolved a sovereign, dry cleaning robot which gains power from an attached PV panel and battery to maintain huge ground installed solar panels. Co-founder Rishabh Bhardwaj’s Enray Solutions offers the service of a self-sufficient, user-friendly robot to cleanse the ground-mount solar installations without water. The robot has an incredible endurance capability which keeps it active in any geographical contour. The company is hopeful and claims the robot might make a path for increased revenue of 7% if compared with the seasonal water baths. With a metallic body and perfect alignment of aluminium components, the robot is mighty and lightweight all at once. The trolley based outline of the dock looks industry like with a height and tilt adjustment device which...
The construction industry trade association of the United Kingdom, Construction Products Association (CPA) has alerted disquiet in regards to the inflation that will create a dent in the construction sector in the long term. According to CPA’s updated projections, the mounting price pressure encircling labour shortages, soaring material costs, sizable energy bills and the Ukraine war combined jeopardise the construction industry’s growth, especially in the final months of 2022. The pipeline of work and persistent demand should keep the industry buoyant at least through the third quarter, with an expansion of 2.8% projected for 2022, in comparison to the 4.3% growth that was estimated three months ago by the CPA. The CPA’s report reveals, “The soaring energy prices and product scarcity...
The Finnish multinational consumer electronics company, Nokia’s budgeted smartphone C100 focuses on those consumers with low finances or the ones who are only bothered with a basic amenity that a smartphone is offering with an instant messaging system and occasional easy gaming. Now, this mobile handset has a removable back cover which signifies that the battery is also removable, while the phone is made of polycarbonate. Once the plastic cover is removed, the aluminium frame is visible, which makes the Nokia C100 a sturdy device. It is designed to prevent bending by having bulks which means this phone is durable. Nokia C100, with its 4000 mAh battery and durable body, is very easily an ideal backup phone. In the previous decade, Nokia lost its significance to mobile handset brands Apple...
On Thursday, April 28, Ball Corporation and Sodexo Live! reported that their multi-year partnership will be expanded to bring millions of infinitely recyclable Ball Aluminum Cups™ to communities visiting major venues and events across the United States and Canada, advancing sustainability efforts in sports and entertainment. This campaign is in line with Sodexo's broader Better Tomorrow 2025 objective of making every day better, safer, and healthier for 75 million customers across the world. It consists of nine-strong pledges aimed at reinforcing the company's responsible conduct culture. Sodexo Live! venues presently contain millions of Ball Aluminum Cups that are available to fans across the United States and Canada. "We are a forward-looking company that is always seeking new ways to...
The American company that makes metal beverage and food cans, metal aerosol containers, metal closures and speciality packing, Crown Holdings has recently declared its plan of constructing a high-speed aluminium line at its Agoncillo beverage-can facility in Spain. After evaluating the market in Thailand, TOSTEM, Japan’s leading manufacturer of aluminium windows and doors, wishes to expand its company shares in the retail sector there. Funding worth $4 million has been granted to the Saguenay-based business, A3 Surfaces to commercialise their unique technology of producing antimicrobial anodized aluminium. On Thursday, April 28, ASI announced the joining of Aludyne as its new industrial user member. Aludyne is a prominent global, vertically integrated manufacturer of cast and machined...
Nemak, a multinational automobile components manufacturer based in Garca, Mexico, announced $1,131 million in sales in the first quarter of 2022, up 8.9% year over year due to higher aluminium prices. Nemak has recently expanded into the field of structural components and electric car components. Nemak intends to build three new factories in Europe and North America to meet the joining and assembly needs of these goods, with an estimated total expenditure of over $200 million. Nemak also got contracts of roughly $390 million per year in 1Q22, out of which 90 percent of the sum represented new business to manufacture parts for completely electric automobiles. The Company was selected GM Supplier of the Year for the 20th time on March 17, cementing its position as one of the most well-known...
A total of 75% of aluminium foil is used to package foods, cosmetics, and chemical products, while 25% is used for industrial applications like thermal insulation, electrical cable, and electronics. Aluminium foil is easily recycled and it succeeded tin foil in the mid-20th century. Aluminium foil is tasteless and odourless. Aluminium foil is extremely dimensionally stable even in the soft state. The paper-thin, shiny sheet of aluminium metal is made from aluminium alloy which consists of between 92% and 99% aluminium. In the production of modern foil, aluminium is rolled through continuous mills, resulting in a thin and longer product. This process reduces the thickness of the aluminium product, which is then wound into a coil at the end of the production line. Afterwards, these coils...
On Thursday, April 28, ASI announced the joining of Aludyne as its new industrial users member. Aludyne is a prominent global, vertically integrated manufacturer of cast and machined automotive components made of aluminium, magnesium, and iron, as well as specialized engineering and production solutions for safety-critical goods. The company provide creative solutions to challenging mobility issues with a vertically integrated footprint, extensive experience in lightweight materials and technologies, and a customer-centric approach to service. “Joining ASI is a key milestone on our sustainability journey. Aludyne is committed to making a meaningful impact toward casting a greener future. We strive to continue to be at the forefront of new industry standards and set the bar for responsible...
Crown Holdings has recently declared its plan of constructing a high-speed aluminium line at its Agoncillo beverage-can facility in Spain. In Pennsylvania’s largest city, Philadelphia headquartered Crown Holdings, the producer and supplier of beverage packaging, food packaging, aerosol packaging, metal closures, and speciality packaging products. This auxiliary capacity will enable the company to serve increasing customer demand in Northern Spain. Moreover, the Iberian region has been witnessing ample growth in the alcoholic or non-alcoholic sector. During the first quarter, of next year, commercial production is expected to begin. Having the second-largest beverage-can market in Europe, the Iberian region proudly presents Crown as one of its leading brands. The company also watches over...
Japan’s leading manufacturer of aluminium windows and doors, TOSTEM, on observing its market in Thailand wishes to expand company shares, particularly in the retail market (B2C) there. The great demand for sustainable living amidst the risk of pandemics and rising intergenerational transfer is prompting the company to acquire more market shares. TOSTEM and others like it, EXSIOR, INTERIO and SUPERWALL are portfolio brands for LIXIL Group headquartered in Tokyo, Japan. The group can be considered the best in Japan when it comes to building materials, housing products and services. Mr Wicha Worasayun, the CEO of LIXIL, is also responsible for TOSTEM’s LHT Asia outlook. He said that the company anticipates rising demand for not only high-quality and functional housing products but also...
i2r Packaging Solutions, the pioneers of aluminium foil tray making has been honoured with another Queen’s Award for Enterprise. Though it is their second win and this time they are being awarded for innovation, for their first, in 2020, they won owing to international trade capabilities. The company can proudly place itself among the 226 selected organisations, nationally recognised by the prestigious Queen’s Award for Enterprise in 2022. i2r received the award for their patented product i2r Ultra™ smooth wall aluminium foil container which is a super-strength light-weight tray used for packaging high quality ‘ready to cook’ utility products including red meat, poultry, fish, vegetables, BBQ food and desserts. Though the company is well acknowledged for innovation excellence, this award...
The Ball Aluminum Cup™ was recognised a Gold winner by the 2022 Edison Awards on Monday, April 25, for providing customers with sustainable solutions. The renowned Edison Awards, which were established in 1987, reward and nurture invention and innovators that have a beneficial influence on the globe. "We're thrilled that the infinitely recyclable Ball Aluminum Cup has been recognized by the Edison Awards as a sustainable consumer solution,” said Dan Fisher, President and CEO-elect of Ball. Receiving an Edison Award has become one of the most prestigious honours in the field of innovation. Expert reviewers from all over the world chose the Ball Aluminum Cup as the winner after weighing in on more than 350 nominees. “This recognition affirms the Ball Aluminum Cup's position as both a leader...
A fresh round of funding worth $4 million will help A3 Surfaces commercialise antimicrobial anodized aluminium, a unique technology created by the Saguenay-based business. The Québec government provided A3 Surfaces with a $2 million loan as part of this new round of funding to help the company commercialise its aluminium anodizing technology. Desjardins Capital has pledged a $1 million contribution. In addition, $1 million has been invested by stockholders. The announcement was made on Friday, April 22, in the presence of the Québec government and Desjardin Capital Pierre Fitzgibbon, Minister of Economy and Innovation and Minister responsible for Regional Economic Development, Andrée Laforest, Minister of Municipal Affairs and Housing and Minister responsible for the...
The Australian one-stop-shop for lightweight mechanical plant platform and roof access solutions, Con-form Group outstripped traditional roof-mounting mechanical equipment in 2014 and has not to retrospect ever. Nigel Cro, the Managing Director of Con-form Group said, “People will drive along on a highway overpass and there are a lot of things on roofs that you see; now if you don’t see those things, that’s because we’ve done a good job – that’s our goal.” As it is very much known that the Industrial HVAC systems are heavy and most often noisy. Now, the industry pioneer and leader Con-form Group delivers an engineered solution for the structure to cater for the weight on rooftop installations and additionally deliver acoustic solutions to restrain environmental noise. Con-form Group’s...
