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Alumetal: Capex for 2020 will amount to PLN 60 million-plus
20 NOV 20202MINS

Alumetal: Capex for 2020 will amount to PLN 60 million-plus

Przemysław Grzybek, Board Member and Financial Director of Alumetal stated that the investment outlays of the Alumetal Group will ultimately amount to "PLN 60 million-plus" in 2020, while in 2021 the group's Capex is planned at the level of several million zlotys. Alumetal is one of the biggest...

Germany’s export of Aluminium Foil in 2019 displays the top five nations from European region
20 NOV 20202MINS

Germany’s export of Aluminium Foil in 2019 displays the top five nations from European region

According to the World Bank and projections from Trading Economics, in 2019, the GDP of Germany was worth $3845.63 billion. The GDP value of Germany represents 3.17% of the world economy. Aluminium foil provides a complete barrier to light, oxygen, moisture and bacteria and due to this reason, the...

Topo Chico hard seltzer in aluminium can hits shelves in Ireland
20 NOV 20201MINS

Topo Chico hard seltzer in aluminium can hits shelves in Ireland

Coca Cola's Topo Chico hard seltzer hits the shelves in Tesco stores across Ireland. The company also plan to expand these ranges to all off-trade outlets in early 2021. The new range is available in 330ml aluminium cans. The hard seltzer, which comes in three flavours: Tangy Lemon Lime, Tropical...

Slovakia’s import of Aluminium cans during 2018-20 registers significant growth
19 NOV 20202MINS

Slovakia’s import of Aluminium cans during 2018-20 registers significant growth

Slovakia ranked as the fastest-growing developed economy in the world. The auto industry is the pillar and lifeblood of the Slovak economy. The country’s economic freedom score is 66.8, making its economy the 60th freest in the 2020 Index. Its overall score has increased by 1.8 points due to an...

Hydro signs MoU with Panasonic and Equinor for establishing European battery business
18 NOV 20202MINS

Hydro signs MoU with Panasonic and Equinor for establishing European battery business

Hydro announced that the company has signed a Memorandum of Understanding (MoU) with leading technology company Panasonic and energy company Equinor to explore potential for establishing European battery business. Mototsugu Sato, Executive Vice President of Panasonic said, “This collaboration...

ALRO joins Aluminium Stewardship Initiative as new Production & Transformation member
17 NOV 20202MINS

ALRO joins Aluminium Stewardship Initiative as new Production & Transformation member

ALRO has joined the Aluminium Stewardship Initiative (ASI) as a new Production & Transformation member. This brings the total number of ASI Members to 143. The company, one of the largest vertically integrated aluminium producers in Europe by production capacity, is structured in two divisions:...

Luxembourg’s export of Aluminium Foil during 2018-20 remains strong with marginal fall in 2019
17 NOV 20202MINS

Luxembourg’s export of Aluminium Foil during 2018-20 remains strong with marginal fall in 2019

Luxembourg, the wealthiest country in the European Union with high per capita and its citizens enjoy a high standard of living. According to Trading Economics global macro models and analysts’ expectations, Luxembourg’s GDP is expected to reach $67 billion by the end of 2020. However, in the...

Hydro’s Belgium site receives Aluminium Stewardship Initiative Performance Standard certification
17 NOV 20202MINS

Hydro’s Belgium site receives Aluminium Stewardship Initiative Performance Standard certification

Hydro’s aluminium building systems site in Landen has been certifies against the Aluminium Stewardship Initiative’s Performance Standard. The certification covers the the site’s aluminium conversion operations. Hydro serves as the logistics and administrative center for the company’s aluminium...

Ultromex signs major deal with Rio Tinto to remediate a salt slag landfill site in Europe
17 NOV 20202MINS

Ultromex signs major deal with Rio Tinto to remediate a salt slag landfill site in Europe

Ultromex, supplier of vital technologies to the aluminium smelting industry in dealing with its production wastes has signed a major deal with Rio Tinto to remediate a salt slag landfill site in Europe. Ultromex introduces SALTROMEX, a patented plant & technology enabling aluminium smelters to...

Grupa Kety S.A. joins Aluminium Stewardship Initiative as new Production & Transformation member
16 NOV 20201MINS

Grupa Kety S.A. joins Aluminium Stewardship Initiative as new Production & Transformation member

Grupa Kęty S. A. has joined the Aluminium Stewardship Initiative (ASI) as a new Production & Transformation member. This brings the total number of ASI Members to 142. “We are aware that we impact the environment in a direct and indirect way. Therefore, we operate such as to reduce that influence...

Alvance Aluminium Duffel factory to supply for Tesla
15 NOV 20202MINS

Alvance Aluminium Duffel factory to supply for Tesla

The aluminium factory in Duffel is under the drive of the new owner Alvance for a major investment program, perhaps even 300 million euros. Alvance Aluminium Duffel said: "Tesla is building a car factory in Germany, and it wants our aluminium." Geert Vannuffelen, Vice President Operations, Alvance...

ALRO’s nine months sales down 10% due to COVID-19 pandemic; sales of primary products up 2%
14 NOV 20202MINS

ALRO’s nine months sales down 10% due to COVID-19 pandemic; sales of primary products up 2%

ALRO, one of the largest vertically integrated aluminium producers in Europe, measured by production capacity, published its consolidated financial results for the nine months ended 30 September 2020. The Group's sales were RON 1,942 million in nine months, down 10% due to market conditions and to...

Malta’s import of Aluminium Bar Rods and Profiles during 2018-19 remains flat; projected with 20.05% growth in 2020, while expenditure tends dip
13 NOV 20202MINS

Malta’s import of Aluminium Bar Rods and Profiles during 2018-19 remains flat; projected with 20.05% growth in 2020, while expenditure tends dip

Malta's economy is dependent on foreign trade, manufacturing, and tourism. The economy is severely affected by the COVID-19 pandemic this year. GDP is expected to contract by around 5¾% but should rebound by 6.0% in 2021. A fall in domestic demand is expected to drag imports down at a slower pace...

The “Corona” crisis: Aldel Aluminium smelter in Delfzijl to axe 60-70 jobs
11 NOV 20201MINS

The “Corona” crisis: Aldel Aluminium smelter in Delfzijl to axe 60-70 jobs

The Dutch Aluminum smelter Aldel in Delfzijl is cutting sixty to seventy jobs due to the outcome of the corona crisis. An Adel spokesperson confirms the news, as the COVID-19 pandemic has reduced the demand of the aluminium produced by the firm. The aluminium smelter is also facing a high...

Bosnian firm Maksimovic Komerc to infuse €1.3 million in production of Aluminium and PVC carpentry profiles in Stanari
11 NOV 20201MINS

Bosnian firm Maksimovic Komerc to infuse €1.3 million in production of Aluminium and PVC carpentry profiles in Stanari

Bosnian firm Maksimovic Komerc plans to infuse €1.3 million in the production of Aluminium and PVC carpentry profiles in leased premises in Stanari, the Stanari municipal government said. The mayor of Stanari, Dušan Panić, signed a contract with the investor "Maksimović komerc" from Doboj on a...

Romanian Aluminium producer Alro Group stretches 2015 credit line by total $150 million
10 NOV 20202MINS

Romanian Aluminium producer Alro Group stretches 2015 credit line by total $150 million

Romania’s Alro Group, one of the largest vertically integrated aluminium producers in Europe by production capacity has disclosed on 10 th November’20, that it is borrowing a total $150 million in extension to a $235.1 million credit facility, which was first accessed in 2015. Alro said in a...

Volkswagen Ponzam Aluminium foundry secures electric motor housings orders for wide range of models
10 NOV 20204MINS

Volkswagen Ponzam Aluminium foundry secures electric motor housings orders for wide range of models

The Volkswagen Poznań foundry is one of the largest aluminium foundries in Europe and also the third-largest in the VW concern. It is from the capital of Wielkopolska that almost all companies belonging to the German giant leave for factories around the world. This is where the transmission...

Croatia’s import of Aluminium Plates, Sheets and Strips during 2018-20 indicates a strong market
10 NOV 20202MINS

Croatia’s import of Aluminium Plates, Sheets and Strips during 2018-20 indicates a strong market

Croatia's economic freedom score is 62.2, making it's economy the 84th freest in the 2020 Index and the major industries comprise shipbuilding, construction, petrochemicals, and food processing. However, the country’s economy is expected to shrink 8.5% this year as a result of the COVID-19...