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Italy’s aluminium structures export to extend growth in 2019; Austria to be the main export destination
24 JUL 20192MINS

Italy’s aluminium structures export to extend growth in 2019; Austria to be the main export destination

The use of aluminium in major construction structures started in 1930 within the Empire State Building, and today this light metal is recognised as one of the most energy-efficient and sustainable construction materials. The estimated recycled content of aluminium building materials used today is...

Hydro CFO attributes slowdown in German auto and construction sector for Hydro’s profit drop in Q2
24 JUL 20192MINS

Hydro CFO attributes slowdown in German auto and construction sector for Hydro’s profit drop in Q2

Norsk Hydro’s Chief Financial Officer Eivind Kallevik has attributed the slowdown in German auto and construction sector for the missed result expectations in the second quarter. This has lowered aluminium demand and dragged the sale of Hydro in this quarter. Share prices for the company however...

UK’s aluminium foil import to rise 4.2% YoY in 2019 after remaining flat last year
23 JUL 20192MINS

UK’s aluminium foil import to rise 4.2% YoY in 2019 after remaining flat last year

In Europe, as flexible packaging market is expected to grow from $28.22 billion in 2016 to $ 41 billion by the end of 2021 at a CAGR of 7.76%, the United Kingdom emerges as a large consumer of aluminium foils. According to the global export-import data, the United Kingdom in 2016 imported 66,025...

World primary aluminium production dropped slightly in June
22 JUL 20191MINS

World primary aluminium production dropped slightly in June

Global primary aluminium production in June decreased slightly from 5.33 million tonnes in June 2018 to 5.24 million tonnes. Aluminium production dropped 2.96% from May’s 2019 production of 5.4 million tonnes, according to the latest data showed by the International Aluminium Institute (IAI)....

Gränges’ sales volume drops by 6.3% in the second quarter of 2019
21 JUL 20192MINS

Gränges’ sales volume drops by 6.3% in the second quarter of 2019

Gränges, a leading global supplier of rolled aluminium products for heat exchanger applications and other niche markets, reported sales volume of 92.9 ktonnes (99.1) in the second quarter of 2019. Net sales dropped to SEK 3,188 million (3,443). Adjusted operating profit stood at SEK 257 million...

Crown Holdings’ sales flat at $3,035 million in Q2; adds North America beverage cans capacity
19 JUL 20192MINS

Crown Holdings’ sales flat at $3,035 million in Q2; adds North America beverage cans capacity

Crown Holdings, Inc. announced its financial results for the second quarter ended June 30, 2019. Net sales were $3,035 million in Q2, from $3,046 million in Q2 2018, reflecting $80 million of unfavourable currency translation offset by increased beverage can volumes. Income from operations...

More rose wine makers in Europe are turning to aluminium closures for convenience and sustainability
17 JUL 20192MINS

More rose wine makers in Europe are turning to aluminium closures for convenience and sustainability

With the growing consumption of rose wine during the summer months, more producers of rose wine are turning to aluminium closures as their preferred choice. According to a press release from Aluminium Closures Group, even in the traditional European markets, winemakers are using convenient twist...

Italy’s aluminium scrap import from Germany to drop 2% but to rise from France by 6% in 2019
16 JUL 20192MINS

Italy’s aluminium scrap import from Germany to drop 2% but to rise from France by 6% in 2019

Italy is the second-highest aluminium consumption market in Europe just after Germany, with excellent performances in particular of the rolling sector and foundry castings driven by the automotive demand. The country, to meet the increasing demands, imports a considerable amount of aluminium scrap...

Bosnia’s Federation Government gives six months’ time to Aluminij to prepare rescue plan
16 JUL 20192MINS

Bosnia’s Federation Government gives six months’ time to Aluminij to prepare rescue plan

According to a report on Monday, July 15, Bosnia’s Federation Government has decided that Aluminij Mostar will continue operating for the next six months and should come up with a rescue plan during that period. The problem with Aluminij’s power supplies, however, remains unresolved. On July 10,...

Ardagh and Exal to jointly form a new metal packaging company Trivium Packaging
15 JUL 20192MINS

Ardagh and Exal to jointly form a new metal packaging company Trivium Packaging

Ardagh Group, a Luxembourg-based producer of glass and metal containers, has reportedly agreed to combine its good and speciality metal packaging business with one of the world’s largest extruded aluminium containers producers Exal Corporation. As per the report, they will together form a new metal...

Amcor’s operations certified against ASI Performance Standard and Chain of Custody Standard
15 JUL 20192MINS

Amcor’s operations certified against ASI Performance Standard and Chain of Custody Standard

Amcor operations in Singen, Germany have been certified against Aluminium Stewardship Initiative (ASI) Performance Standard and Chain of Custody Standard. The company will now offer its customers products with ASI certified aluminium and the option for on-pack ASI certification labels. Dr. Gerald...

France’s aluminium bar rods and profiles import from Spain estimated to grow 6% YoY in 2019
12 JUL 20192MINS

France’s aluminium bar rods and profiles import from Spain estimated to grow 6% YoY in 2019

Aluminium bar rods and profiles market has been fairing high across the globe over the past few years, thankfully due to massive infrastructural advancements and refurbishment. By 2020 global aluminium extrusions market for the building and construction sector are likely to account for almost 74...

Bosnia's Aluminij Mostar smelter closes operation on Wednesday midnight over huge debt
10 JUL 20192MINS

Bosnia's Aluminij Mostar smelter closes operation on Wednesday midnight over huge debt

Bosnia’s only operating aluminium smelter and one of the country’s biggest exporters Aluminij Mostar finally closed down its operations on Wednesday midnight after it was disconnected from the power grid. The smelter was under a huge debt of 380 million Bosnian marka (US$218 million) because of...

SIG partners with Unilever to launch aseptic cartons with ASI-certified aluminium foil
10 JUL 20192MINS

SIG partners with Unilever to launch aseptic cartons with ASI-certified aluminium foil

SIG, a leading systems and solutions provider for aseptic packaging, has entered into a partnership with B-Better®, a start-up brand from Unilever’s Future Platform, to launch aseptic cartons with ASI-certified aluminium foil. Martin Herrenbrück, SIG’s President & General Manager, Europe said: “SIG...

Nio CEO eyes Europe market for its electric vehicles; looking at boosting its share in domestic market
09 JUL 20192MINS

Nio CEO eyes Europe market for its electric vehicles; looking at boosting its share in domestic market

William Li, the founder and CEO of Nio, the EV startup in China is eying the European market for its EVs; he said this in an interview during the Shanghai auto show. He believes that Chinese automaker can break into the European market with the help of EVs. However, the company is very careful...

Alcoa Corporation to sell two aluminium plants to PARTER Capital
07 JUL 20192MINS

Alcoa Corporation to sell two aluminium plants to PARTER Capital

Alcoa Corporation signed a conditional share purchase agreement with private equity investment firm PARTER Capital Group AG to sell its two aluminium plants in Spain. Avilés and La Coruña aluminium plants include the casthouses at both facilities and the paste plant at La Coruña, which are...

Novelis remains firm on Aleris  acquisition deal despite objections from EU antitrust regulators
05 JUL 20192MINS

Novelis remains firm on Aleris acquisition deal despite objections from EU antitrust regulators

Reuters said that the U.S. aluminium roller and recycler Novelis, a subsidiary of Aditya Birla Group, India, has no plans for now to offer concessions on the deal to buy Aleris. The company remains firm despite EU antitrust objections over its US$2.6 billion deal to buy aluminium processor Aleris....

Bosnia’s aluminium smelter Aluminij Mostar attracts EGA after Glencore
05 JUL 20192MINS

Bosnia’s aluminium smelter Aluminij Mostar attracts EGA after Glencore

Bosnia’s regional energy and mining minister said on July 4 that Emirates Global Aluminium (EGA) was reportedly showing interest in Bosnia’s debt-laden aluminium smelter Aluminij Mostar. Aluminij has been in trouble over years now as debt accumulated because of high alumina and electricity prices....