NewsEuropePage 102

Grow with
AL Circle

KNOW MORE
Norway: Park bench made from Hydro CIRCAL branded aluminium, carrying digital product passport using Blockchain technology
12 JUL 20212MINS

Norway: Park bench made from Hydro CIRCAL branded aluminium, carrying digital product passport using Blockchain technology

The Scandinavian country, Norway has installed a park bench which is now carrying the technology that permits for those sitting on it, can trace Wrexham firm played in its creation. The park bench has digital product passports, containing verified information using Blockchain technology. This...

European aluminium producers seeking exemption from carbon border tax
12 JUL 20212MINS

European aluminium producers seeking exemption from carbon border tax

According to a recent report, European aluminium producers are seeking exclusion from the first phase of the European Union’s carbon border adjustment mechanism (CBAM), claiming that the initiative will put the industry at a competitive disadvantage to foreign rivals and do little to tackle climate...

Arch-rivals Glencore, Trafigura alliances to support GFG’s aluminium arm with $450 million lifeline deal
11 JUL 20212MINS

Arch-rivals Glencore, Trafigura alliances to support GFG’s aluminium arm with $450 million lifeline deal

The Indian-born, British metal tycoon Sanjeev Gupta owned GFG Alliance has reportedly signed a loan deal with commodities giants Glencore and Trafigura to safeguard its aluminium division from emerging to collapse. As the report, the Anglo-Swiss multinational commodity trading and mining company,...

Recycled Aluminium Weekly Recap: Every Can Counts survey indicates Ireland ranks high for environmental concerns; Shawinigan Aluminum Inc. rolls-out its aluminium recycling center
10 JUL 20214MINS

Recycled Aluminium Weekly Recap: Every Can Counts survey indicates Ireland ranks high for environmental concerns; Shawinigan Aluminum Inc. rolls-out its aluminium recycling center

The aluminium recycling segment is playing a vital role, as the recycling process creates high-quality aluminium that loses none of the physical properties of primary aluminium and also uses just 5% of the energy it takes to create primary aluminium. The most happening news which came up this week...

Hydro to reopen Sweden extrusion plant to meet aluminium profiles demand
10 JUL 20211MINS

Hydro to reopen Sweden extrusion plant to meet aluminium profiles demand

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...

Romanian aluminium producer ‘Alro’ needs to count 30% of consumption on the spot market
09 JUL 20212MINS

Romanian aluminium producer ‘Alro’ needs to count 30% of consumption on the spot market

One of Europe’s largest vertically integrated aluminium producers by production capacity and trading on the Bucharest Stock Exchange, Alro needs to cover some 30% of its consumption through the spot market purchases, following multiple suppliers discontinued their contracts. Alro is considered one...

International Aluminium Institute adds new member to its team to support environmental awareness mission
09 JUL 20211MINS

International Aluminium Institute adds new member to its team to support environmental awareness mission

International Aluminium Institute (IAI) has appointed two new members to the team to support the Association’s environmental awareness mission. Dr Paul Marsh becomes new Health, Safety & Environment Program Manager, while Lavinya Kugaswaran as Environment (Bauxite & Alumina) Program Manager. Dr...

Scottish govt. signs £405,600  contract with Deloitte for contingency planning advice around Lochaber aluminium smelter deal
09 JUL 20213MINS

Scottish govt. signs £405,600 contract with Deloitte for contingency planning advice around Lochaber aluminium smelter deal

Sanjeev Gupta owned GFG Alliance’s deal with the Scottish Govt. stated that the government undertakes the cost of a 25- year electricity supply contract between Lochaber aluminium smelter and the adjoining hydro-plant. The key factor to acquire both the facilities by Sanjeev Gupta’s GFG Alliance in...

Alcoa to deliver EcoLum aluminum to Erbslöh Aluminium to lower carbon footprint
09 JUL 20212MINS

Alcoa to deliver EcoLum aluminum to Erbslöh Aluminium to lower carbon footprint

Alcoa Corporation will supply low-carbon primary aluminum EcoLumTM to WKW Extrusion’s Erbslöh Aluminium for its new brand of semi-finished extrusion alloys. The products will help downstream industries improve the environmental footprint of their products and supply chains with low-carbon,...

TUBEX Aluminium becomes news member of Alupro
07 JUL 20211MINS

TUBEX Aluminium becomes news member of Alupro

Alupro has added TUBEX Aluminium Tubes to its latest member. TUBEX Aluminium, which is based in Austria, manufactures a large range of aluminium packaging for the cosmetics, food, pharmaceutical and industrial sectors. Thierry Bitout, CEO at TUBEX Aluminium Tubes, said: “TUBEX is truly setting the...

Portugal’s import of aluminium tubes and pipes during 2018-20 exhibits express rise with minor fall; Marginal growth estimated for 2021
07 JUL 20212MINS

Portugal’s import of aluminium tubes and pipes during 2018-20 exhibits express rise with minor fall; Marginal growth estimated for 2021

Portugal's economic recovery has seen express drive and strong since it started easing its COVID-19 lockdown in mid-March. The economy slumped 7.6% in 2020, and in mid-January Portugal imposed a strict lockdown, its second since the pandemic began, due to the world's worst surge in COVID-19 cases...

Every Can Counts survey indicates Ireland ranks high for environmental concerns
06 JUL 20213MINS

Every Can Counts survey indicates Ireland ranks high for environmental concerns

The freshly revealed research exhibits that environmental concerns within Ireland are amongst the highest in Europe. The survey of thousands of people across 15 European countries, conducted by Every Can Counts, a not-for-profit communications programme working to inspire, encourage and empower...

Primary aluminium production in East & Central Europe grows 3% during May’21; Output in West Europe increases by 4%
06 JUL 20212MINS

Primary aluminium production in East & Central Europe grows 3% during May’21; Output in West Europe increases by 4%

According to the International Aluminium Institute data, primary aluminium production in East & Central Europe during May 2021 stood at 351,000 tonnes. That was an increase of 2.93 per cent or 10,000 tonnes from 341,000 tonnes a month ago. The output in March was a little higher than April at...

Azerbaijan’s import of aluminium foil during 2018-20 illustrates sharp growth to marginal dip
06 JUL 20212MINS

Azerbaijan’s import of aluminium foil during 2018-20 illustrates sharp growth to marginal dip

As per the World Economic Outlook report presented by the International Monetary Fund in April, it stated that Azerbaijan’s economy is forecasted to grow at 2.3% in 2021. Meanwhile, the national economy is expected to grow at 1.7% in 2022. The forecast for the current year is improved by 0.3%...

Hydro Extrusions agrees to sell Hydro Precision Tubing Lichtervelde plant to Aurelius Group
06 JUL 20212MINS

Hydro Extrusions agrees to sell Hydro Precision Tubing Lichtervelde plant to Aurelius Group

On July 2, 2021, Hydro Extrusions signed an agreement to sell 100% of Hydro Precision Tubing Lichtervelde (HPTL) to Aurelius Group as part of the significant restructuring measures taken to support performance and cash generation in Hydro Extrusions. The sale is expected to close during the third...

Lithuania’s export of aluminium scraps during 2018-20 displays rapid to marginal growth; 10% downswing predicted for 2021
05 JUL 20212MINS

Lithuania’s export of aluminium scraps during 2018-20 displays rapid to marginal growth; 10% downswing predicted for 2021

The GDP of Lithuania grew 1.2% Y-o-Y in Q1 2021, contrasting the 1.2% drop tallied in Q4 2020 and the reading was revised up from the preliminary estimate of a 1.0% expansion, according to a second estimate released on 1 st June by FocusEconomics. The country holds some aluminium downstream and...

Glencore seeks to refinance Sanjeev Gupta’s European aluminium business following the surge in green metal price
03 JUL 20213MINS

Glencore seeks to refinance Sanjeev Gupta’s European aluminium business following the surge in green metal price

The British metal magnate Sanjeev Gupta is in discussions with commodity trading house Glencore to refinance debt at his European aluminium business, a deal which would permit Gupta to retain control of one of his best assets. Sanjeev Gupta owned GFG Alliance employs around 35,000 people from the...

Ingrid Jörg replaces Emilio Braghi as the new Chair Person of European Aluminium Association
01 JUL 20213MINS

Ingrid Jörg replaces Emilio Braghi as the new Chair Person of European Aluminium Association

Europe’s single voice for the entire aluminium value chain, European Aluminium Association notified that Ingrid Jörg, President Aerospace and Transportation at Constellium, has been appointed as Chair Person of the association starting on 1st July 2021. European Aluminium represents more than 85...