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Italy’s import of bauxite during 2018-20 reveals constant downfall
17 MAY 20211MINS

Italy’s import of bauxite during 2018-20 reveals constant downfall

The pandemic-hit Italian economy is predicted to grow 4.1% in 2021 and 4.2% in 2022 in an “uncertain ascent from the abyss”, the country’s business lobby Confindustria said in April 2021. The European nation at the Mediterranean coastline, Italy registered bauxite importation of 86,447 tonnes...

JDE Peet’s injects €110 million at French facility to increase aluminium coffee capsules production
15 MAY 20213MINS

JDE Peet’s injects €110 million at French facility to increase aluminium coffee capsules production

In a briskly booming market, the world's largest pure-play coffee and Tea Company by revenue, JDE Peet’s is injecting €110 million at its French production site, in Andrézieux Bouthéon, in order to raise 60% of aluminium coffee capsules production. The company while keeping its dynamic activity the...

Romania’s import of aluminium foil during 2018-20 reveals unstable movement
14 MAY 20212MINS

Romania’s import of aluminium foil during 2018-20 reveals unstable movement

The economy of Romania will grow by 6% in 2021, as stated by the International Monetary Fund, increasing its forecast for a 4.6% growth made in October’20. In 2022, the IMF expects Romania's economy to grow by 4.8%, as said in the April edition of its World Economic Outlook (WEO) report. The...

Revenues in 2021 may exceed PLN 2 billion at current product prices, says CEO of Alumetal Group
14 MAY 20214MINS

Revenues in 2021 may exceed PLN 2 billion at current product prices, says CEO of Alumetal Group

Europe’s one of the biggest, most modern and constantly developing manufacturers of secondary aluminium casting alloys and primary alloys, Alumetal has confirmed from the beginning of the Q4 2020, the metal company is hopeful about the market situation, which has developed an impact on the level of...

Slovakia’s import of aluminium wire during 2018-20 unveils sustained growth
13 MAY 20212MINS

Slovakia’s import of aluminium wire during 2018-20 unveils sustained growth

In March 2021, Peter Kazimir, Governor, National Bank of Slovakia (NBS) stated that the economy could return to its pre-pandemic level already in 2021, supported mainly by solid foreign demand. The central bank has lowered its forecast for this year’s gross domestic product (GDP) growth to 5.0%,...

France: MBF Aluminium takeover offer presented, Dijon commercial court finds it insufficient
13 MAY 20213MINS

France: MBF Aluminium takeover offer presented, Dijon commercial court finds it insufficient

The Saint-Claude, France-based MBF Aluminium which is on receivership for the last few months, received an offer for taking over on 11 th May 2021, which was presented but the Dijon commercial court still finds it too insufficient. A new hearing date is scheduled for 25 th May 2021. Earlier, the...

Aluminium Associations urge G7 Governments to take concrete measures to bring more free, fair and open trade
12 MAY 20212MINS

Aluminium Associations urge G7 Governments to take concrete measures to bring more free, fair and open trade

The aluminium associations of the United States of America, Europe, Canada and Japan call on G7 governments to deliver leadership in support of ambitious multilateral and plurilateral negotiations to regulate trade-distorting government support and state ownership in industrial sectors. However,...

Constellium participates in Greenhouse Gas Emission Reduction Programme ACHIEF
12 MAY 20211MINS

Constellium participates in Greenhouse Gas Emission Reduction Programme ACHIEF

Constellium NV, globally known for aluminium value-added products, announced on Monday, May 10, that it joined a European project ACHIEF - Innovative high-performance Alloys and Coatings for highly efficient intensive energy processes. The project was launched in October 2020, aiming at helping the...

2020: Reynaers Aluminum reports 12% rise in turnover, amid COVID crisis
12 MAY 20213MINS

2020: Reynaers Aluminum reports 12% rise in turnover, amid COVID crisis

The designer of cutting-edge glazing solutions for some of the most iconic buildings in the world, Reynaers Aluminum, the Romanian firm has reported a 12% rise in turnover amid the Covid-19 pandemic situation in 2020. The aluminium product making company is the European leader in the construction...

REAL ALLOY acquires Récupération Valorisation Aluminium to enhance its existing salt slag processing plants
11 MAY 20212MINS

REAL ALLOY acquires Récupération Valorisation Aluminium to enhance its existing salt slag processing plants

REAL ALLOY has acquired Récupération Valorisation Aluminium (RVA), a French specialist in salt slag recycling, to further enhance its existing salt slag processing plants in North America and Europe. RVA is located in Les Islettes, 200 kilometers east of Paris. The company utilized its technology...

Bulgaria:  Alcomet posts standalone net profit in Q1 2021, revenue improves
10 MAY 20212MINS

Bulgaria: Alcomet posts standalone net profit in Q1 2021, revenue improves

The leading Bulgarian manufacturer of aluminium rolled and extruded products Alcomet announced that in Q1, it revolved a standalone net profit of 171,000 levs or $106,300 or €87,430 when compared to a net loss of 772,000 levs in the same period in 2020. The aluminium manufacturer’s revenue rose to...

A brief interview with Enrico Zampedri, CEO of Metra, the Italian company world leader in aluminium extrusion
10 MAY 20216MINS

A brief interview with Enrico Zampedri, CEO of Metra, the Italian company world leader in aluminium extrusion

The Italian company Metra , the world leader in aluminium extrusion, today belongs to the American fund KPS Capital Partners specializing in investments in the industrial sector, including in aluminium, and is also known for its acquisition of the rolling mills of the Norwegian company Hydro. After...

Luxembourg’s export of aluminium scrap during 2018-20 demonstrates growth, while earnings record hefty drop in 2020
10 MAY 20212MINS

Luxembourg’s export of aluminium scrap during 2018-20 demonstrates growth, while earnings record hefty drop in 2020

Luxembourg has countered the COVID-19 pandemic comparatively well and it needs to be accredited to the unprecedented policy support, both domestically and globally, and a quick adjustment to teleworking given the structure of the economy. The government towards supporting the economy implemented a...

KPS Capital Partners to acquire extruded aluminium producer Metra
07 MAY 20212MINS

KPS Capital Partners to acquire extruded aluminium producer Metra

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...

Czech Republic’s import of aluminium cylinders for compressed gas during 2018-20 remains inconstant
07 MAY 20212MINS

Czech Republic’s import of aluminium cylinders for compressed gas during 2018-20 remains inconstant

As per the FocusEconomic panellists, consumer prices in the Czech Republic rose 0.18% from the previous month. March’s result mainly reflected higher prices for transport and alcoholic beverages and tobacco. Concurrently, inflation increased to 2.3% in March from February’s 2.1%, which had marked...

Ireland’s import of aluminium bar rods and profiles during 2018-20 unveils fluctuating move
05 MAY 20212MINS

Ireland’s import of aluminium bar rods and profiles during 2018-20 unveils fluctuating move

The Central Bank of Ireland at the beginning of April 2021 raised its current year economic growth forecast by half to 5.9% on improved multinational performance and export prospects but alerted the domestic economy would grow at less than half that rate. The island nation in the northern Atlantic...

Metalcorp Group’s EBITDA up by 45.2 % to EUR 11.2 million
05 MAY 20211MINS

Metalcorp Group’s EBITDA up by 45.2 % to EUR 11.2 million

Metalcorp Group S.A., a global service provider for the procurement, production, mining and marketing of metals and minerals, reported growth in its revenue and profit in the first quarter of 2021 despite the challenges of COVID-19. The company generated revenue of EUR 164.1 million in Q1 2021, an...

Altech Chemicals announces pre-feasibility study progress for battery materials high purity alumina coating plant
05 MAY 20212MINS

Altech Chemicals announces pre-feasibility study progress for battery materials high purity alumina coating plant

Altech Chemicals Limited announced an update on the progress of the pre-feasibility study (PFS) for building of a battery materials high purity alumina coating plant in Saxony, Germany. The company identified potential suppliers for utilities and raw materials and obtained input pricing for plant...