If you had to pin down the aluminium industry today in just a few words, what would they be? At AL Circle, we call it critical, agile, sensitive, and resilient – not because it makes for a tidy line but because it describes the present condition of the metal. Critical because the metal is now...
Assan Alüminyum has bought an aluminium foil production plant in West Virginia through its subsidiary Kibar Americas. With this purchase, the company will now produce aluminium foil locally in the United States. This helps it expand its operations outside its home country. The new plant will...
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Assan Alüminyum, a subsidiary of Kibar Holding, is one of the world’s leading manufacturers in the flat-rolled aluminium industry. The company produces coil & sheet, foil and pre-painted aluminium products for a variety of sectors such as packaging, distribution, construction, consumer durables,...
The second edition of AlCircle’s flagship e-magazine “ Aluminium LeaderSpeak 2020 ” is getting ready to be published this month. Means, the time is near to hear from the key players of the aluminium value chain industry about the market trend and analysis of this year and beyond. The companies and...
Turkey mostly exports aluminium rolled products globally. Assan Alüminyum is Tukey’s leading manufacturer in the flat rolled aluminium sector, producing flat rolled products (coil, sheet and foil) since its establishment in 1988. Assan Alüminyum accounts for more than half of the flat rolled...
Global Aluminium Foil Roller Initiative (GLAFRI) has re-elected Göksal Güngör as President for a second term. Mr Güngor also serves as General Manager of Assan Alüminyum in Turkey and he had served as a Vice-President in GLAFRI before his election in 2018. The election and vote of confidence took...
Turkey's Economy Minister Nihat Zeybekci recently said U.S. President Donald Trump’s imposition of a 25 per cent tariff on imported steel and a 10 per cent tariff on aluminium is not acceptable to Turkey. Turkey mostly exports aluminium rolled products globally. Assan Alüminyum is Tukey’s leading...
The Global Aluminium Foil Roller Initiative (GLAFRI), concluded its recent General Assembly by announcing the election of Göksal Güngör as its new President with immediate effect. This follows Oliver Hommel stepping down from his role as he left the aluminium foil industry. Mr Güngör, General...
<p>The largest flat-rolled aluminium producer of Turkey, Assan Alüminyum, a subsidiary of Kibar Holding, is planning to grow over the short and medium term through remarkable new in-vestments. One of the major investment plans is the first modern and high-width aluminium hot rolling facility...
<p>Consumption of aluminium foils is rising steadily all across the globe. According to Technavio's latest report, the global aluminium foil packaging market will grow at a CAGR of 3.69 per cent by volume during the period 2016-2020.<br /><br />Aluminium foils are produced by continuous casting and...
<p>Assan Alüminyum, a subsidiary of Kibar Holding and the largest Turkish producer of flat-rolled aluminium products is planning near term growth strategies through new investments. One such significant investment plans is the construction of Turkey’s first modern and high-width...
<p>Assan, Turkey’s leading flat-rolled aluminium products manufacturer has laid out a major modernization and expansion plan for its two existing furnaces in the country. To finance the same it has approached the International Finance Corporation (IFC) for a loan of $55 million. <br /><br...
Global aluminium producer RUSAL, headquartered in Moscow, has opened a new office in Istanbul, according to a press release issued by the company. The office will be led by Ihsan Kösoglu, who joins RUSAL from the Turkish aluminum producer Assan Alüminyum, and brings more than 19 years of experience...
Aluminum producer Nalco is in talks to buy Indonesia’s Ashan Aluminum (Inalum) for up to Rs 8,000 crore in what could be the largest overseas acquisition by a state-owned metal firm. A Japanese consortium holds a 59 per cent stake in Inalum, which owns a 2.1-lakh-tonne plant in the North Sumatra...
