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Global primary aluminium output up 10% MoM in March
24 APR 20191MINS

Global primary aluminium output up 10% MoM in March

According to the latest data showed by International Aluminium Institute (IAI), Global primary aluminium production increased to 5.414 million tonnes in March 2019, from 4.916 million tonnes in February 2019. The figure was up 10 per cent month-on-month. Primary aluminium production came in at...

Belgium’s aluminium cans import to continue declining in 2019; Netherlands to be the key exporter
23 APR 20192MINS

Belgium’s aluminium cans import to continue declining in 2019; Netherlands to be the key exporter

The global aluminium cans market is estimated to experience growth at a CAGR of 3.4 per cent to 3.6 per cent, thanks to the growth in China, Asia, Europe, and South America. Amidst this, some parts of the world are even likely to see a stagnant or decreasing trend in aluminium cans market because...

Overmarine’s Mangusta Oceano 50 aluminium superyacht under construction; Expected to be finished in 2020
19 APR 20192MINS

Overmarine’s Mangusta Oceano 50 aluminium superyacht under construction; Expected to be finished in 2020

Italy-based luxury yacht conglomerate Overmarine Group’s first model of newly revealed 49.9-metre Mangusta Oceano 50 superyacht is reportedly under construction and is due to be completed during 2020. Aluminium is the main metal that gives shape to this vessel. Designer Alberto Mancini, who is...

Metal Exchange Corporation on a JV with Novellini for secondary aluminium billet supply in Europe
18 APR 20192MINS

Metal Exchange Corporation on a JV with Novellini for secondary aluminium billet supply in Europe

Metal Exchange Corporation (MEC) has announced a new joint venture with Novellini Industries; located in Mantova, Italy. The newly formed company called novALmec will enhance its aluminium billet supply capability to the European market. Metal Exchange Corporation, a privately owned business at St....

AMAG announces Chairman and new members to the Supervisory Board and approves yearly dividend during AGM
11 APR 20192MINS

AMAG announces Chairman and new members to the Supervisory Board and approves yearly dividend during AGM

During the AMAG Austria AG Metall Annual General Meeting 2019 three new members were elected to the Supervisory Board, a comapny press release says. Dr. Wolfgang Bernhard, Peter Edelmann and Thomas Zimpfer were elected to the Supervisory Board. At the constitutive meeting of the Supervisory Board...

Heesen unveils its eighth superyacht Masa in 5000 Aluminium Class range
10 APR 20192MINS

Heesen unveils its eighth superyacht Masa in 5000 Aluminium Class range

Heesen’s latest 50-metre superyacht named Masa has reportedly made a debut at a private ceremony in Oss. This is the eighth superyacht in the Dutch-based shipyard’s 5000 Aluminium Class range. The interior of the yacht designed by Cristiano Gatto has light colours and silver detail that evoke a...

Aluminium packaging company Conseal GmbH files for bankruptcy and requests reorganization
09 APR 20192MINS

Aluminium packaging company Conseal GmbH files for bankruptcy and requests reorganization

Austria based aluminium packaging manufacturing company Conseal GmbH has filed for bankruptcy. The company has requested for reorganization procedure without self-administration in the Graz Civil Enforcement Tribunal. The company has also announced that they are looking for an investor to pull them...

SIG to introduce world-first aseptic carton packs with ASI-certified aluminium foil
07 APR 20191MINS

SIG to introduce world-first aseptic carton packs with ASI-certified aluminium foil

SIG, the world-leading systems and solutions provider for aseptic packaging, will now reportedly launch world-first aseptic carton packs made with ASI-certified aluminium foil, as part of its sustainability drive. SIG is the first company in the industry to enable customers to exihit their...

Rolled aluminium firm Gränges enters into new credit facility agreements
06 APR 20191MINS

Rolled aluminium firm Gränges enters into new credit facility agreements

Swedish rolled aluminium firm Gränges reportedly announced two days ago about refinancing the credit agreement that originally happened to finance its acquisition of American subsidiary - Gränges Americas Inc. This new credit facility is a revolving one available in several currencies of SEK2000...

MINTH holds ground-breaking ceremony for aluminium car parts plant
05 APR 20191MINS

MINTH holds ground-breaking ceremony for aluminium car parts plant

MINTH Automotive Europe has begun building its car parts facility plant in Loznica, in western Serbia, the Serbian president's office said. The total investment in the construction of plant will amount to about 100 million euro. The plant will manufacture aluminium roof base carriers, vehicle...

UK’s aluminium cans import to rise YoY in 2019, unlike export; Czech Republic to be the top source
05 APR 20192MINS

UK’s aluminium cans import to rise YoY in 2019, unlike export; Czech Republic to be the top source

Besides exporting, the United Kingdom imports a considerable amount of aluminium cans from several European countries and even outside. The global export-import data reveals that the country’s import volume of aluminium cans has been rising year over year since 2016. It also shows that this year is...

Germany’s aluminium bar rods and profiles import to drop in 2019 after three consecutive years of growth
03 APR 20192MINS

Germany’s aluminium bar rods and profiles import to drop in 2019 after three consecutive years of growth

Aluminium consumption in the construction sector has been found growing year over year, resulting in a rising demand for aluminium bar rods and profiles. Aluminium profiles are gaining market share due to their slim structure, durability, and negligible maintenance cost. It is projected that by...

Aludium, the leading flat rolled aluminium producer announces organisational restructure
03 APR 20192MINS

Aludium, the leading flat rolled aluminium producer announces organisational restructure

Aludium, a leading manufacturer of flat rolled aluminium products and a part of the Atlas Holding Group, has announced organisational restructure in the company effective from Monday, April 1. Markus Plakolm has been appointed as Vice President of Manufacturing reporting directly to the CEO of...

Hydro aluminium plant in Karmøy hit by power failure
02 APR 20191MINS

Hydro aluminium plant in Karmøy hit by power failure

Hydro announced on Monday, April 1, that its aluminium plant in Karmøy, Norway halted metal production following a power outage. The plant re-established supply of electricity but at a lower amperage. The primary aluminium plant has a production capacity of 270,000 tonnes, of which 75,000 tonnes...

“Aluminium demand in Europe will continue to be driven by growing demand in many applications despite trade challenges” ~  Gerd Götz, Director General of European Aluminium
01 APR 20197MINS

“Aluminium demand in Europe will continue to be driven by growing demand in many applications despite trade challenges” ~ Gerd Götz, Director General of European Aluminium

European Aluminium, founded in 1981 and based in Brussels, is the voice of the aluminium industry in Europe. Its 80+ members include primary, downstream and recycling producers with more than 600 plants in 30 european countries. Gerd Götz has been Director General of European Aluminium since 2013....

Hydro completes MBG acquisition to strengthen its position in building systems segment
01 APR 20191MINS

Hydro completes MBG acquisition to strengthen its position in building systems segment

Hydro announced the acquisition of Gerstungen-based MBG Metallbeschichtung Gerstungen GmbH (MBG), a German powder coating company. With this acquisition, Hydro strengthens its position in the building systems segment. This also completes Hydro’s range of aluminium construction systems in the DACH...

Romanian aluminium company Alro expects 2019 net profit to be lower than 2018
29 MAR 20191MINS

Romanian aluminium company Alro expects 2019 net profit to be lower than 2018

Romanian aluminium company Alro announced that the company currently expects its net profit for 2019 to be lower than 2018. The company expects net profit of about USD 12.4 million (EUR 11.0 million), down 78 per cent from last year. ALRO is one of the largest vertically integrated aluminium...

ALRO’s net profit drops 29% in 2018; primary aluminium sales slightly up
29 MAR 20192MINS

ALRO’s net profit drops 29% in 2018; primary aluminium sales slightly up

ALRO S.A., one of the largest vertically integrated aluminium producers in Europe by production capacity, published its consolidated and separate financial full-year 2018 results. The company’s net profit decreased from RON 318 million in 2017 to RON 226 million in 2018. The adjusted net profit...