Fenesta has commissioned a new aluminium extrusion plant in Kota, Rajasthan, expanding its presence in the aluminium value chain and creating a new business vertical serving external customers. The Gurugram-based windows and doors business of DCMShriram Ltd said the facility will initially support...
Sanket Deora takes over as Chief Financial Officer following the resignation of Shashank Shekhar Chaturvedi, effective September 3, 2026. Sampat Aluminium has appointed Sanket Sanjay Deora as its new Chief Financial Officer and Key Managerial Personnel, marking a change in the aluminium...
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KPS Capital Partners (KPS) has acquired Metra Holding S.p.A. and Metra S.p.A., (collectively "Metra"). The company purchased Metra, a producer of extruded aluminium, from Highlander Partners. KPS also acquired Profile Custom Extrusions, LLC ("Profile"), a U.S. manufacturer of extruded aluminum....
Hydro announced that its extrusion plant, which was idled a few years ago, will be reopened to meet rising demand for sustainable aluminium profiles. The facility will increase Hydro Extrusions Sweden’s capacity of aluminium profiles made with recycled aluminium by approximately 20%. The plant will...
The Board of Directors of Aluminium Extrusion Industries Plc (ALEX), the Nigerian pride in aluminium profiles has announced the resignation of three Non-Executive Directors from its Board. Aluminium Extrusion Industries Plc is a leading manufacturing company in Nigeria producing and marketing...
The aluminium producers of the largest economy of Africa, Nigeria and also projected to rank among the world's top ten economies by 2050 are calling out over unregulated importation of aluminium profiles into the country, expressing grief that the method is killing the local production. Joneay Lei,...
Maan Aluminium reported sales of INR 163.27 crore in the March quarter 2021, up 65.74% from INR 98.51 crore during the previous quarter ended March 2020. Net profit jumped by 533.73% to stand at INR 5.26 crore in March quarter 2021. The company had reported net profit of INR 0.83 crore in March...
The economy of the Ivory Coast was severely hit by the COVID-19 pandemic, but it remained amongst the few Sub-Saharan African economies that maintained growth. According to the IMF, GDP growth decelerated to 2.3% in 2020, from 6.2% in 2019. Assuming global conditions to normalize gradually, growth...
The American investment company KPS Capital Partners has stepped into a definitive agreement to acquire Metra Holding SpA and Metra SpA, (collectively “Metra” or the “Company”), a global producer of extruded aluminium. The existing shareholders will retain a 25% stake in the company. Metra will be...
Hydro has delivered fabricated aluminium profiles to SolarDuck for floating solar solution. Floating solar will be deployed for testing to see whether the photovoltaic-covered three-sided structure can become a viable addition to global power generation. SolarDuck will launch its floating solar...
A new product has finally arrived to enhance SAT technologies portfolio: we are glad to present the C-Expert Powder Booth ( https://c-expert.com/ ) With extensive experience across numerous markets, SAT has introduced most of the innovative solutions recognized as worldwide standards nowadays. The...
Vimetco Extrusion, a downstream subsidiary of ALRO, will expand its production capacity with a new EUR 10 investment project. The investment involves the acquisition and installation of an automated extrusion line, supplied by Presezzi Extrusion spa. The new extrusion line will also generate...
Aluminium Stewardship Initiative has certified Hydro’s aluminium extrusion plant in Magnor against its Performance Standard, recognising the plant’s responsible production, sourcing, and stewardship of aluminium. The certification covers the site’s production of aluminium solutions, including...
PMS Aluminium, the Bursa-Turkey based company selects Danieli Breda to deliver a new, 40-MN, 10-in. front-loading extrusion press. The objective of PMS Aluminium's investment is to expand its product portfolio for the automotive sector with aluminium hard-alloy profiles. PMS Aluminium produces...
The Aluminium Stewardship Initiative has certified Hydro’s aluminium extrusion plant in Tønder, Southern Denmark, with its both Performance Standard Certification and Chain of Custody Standard. The certification covers the Tønder plant’s production of aluminium solutions, including extrusion and...
Alcomet AD, the only one of a kind manufacturer of rolled and extruded aluminium products in Bulgaria, has begun the operation at its upgraded production line for producing powder-coated aluminium profiles. The company has invested 1.4 million levs, equivalent to $883,200, for modernising the...
At the end of the year 2020, another plant received a construction permit in the Jędrzejów-Południe zone, Poland. The investor, "Dom z klasą" company, will produce aluminium profiles for the construction industry, including windows and facades. The new plant will cover an area of approximately...
As per the World Bank report, the COVID-19 shock to Kazakhstan’s economy is considered as the biggest in two decades. It has been for the first time since the late 1990s Kazakhstan’s economy to 3% in 2020 with a moderate recovery by 2.5% in 2021. The Central Asian nation’s import of aluminium bar...
According to a new UNDP impact assessment, the COVID-19 outbreak and global knock-on effects could sink or stall Zimbabwe’s ambitious reform agenda as well as efforts to revive its flagging economy, with “disastrous” consequences for the landlocked Southern African country’s poor and vulnerable...
Vimetco Extrusion has joined the Aluminium Stewardship Initiative as a new Industrial User Member, bringing the total number of ASI members to 150. The news came after ASI announced that it officially welcomed Vimetco as a new member on December 18. ALRO’s downstream subsidiary Vimetco Extrusion is...
