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Germany to see drop in both import and export of aluminium powder and flakes this year
09 JAN 20192MINS

Germany to see drop in both import and export of aluminium powder and flakes this year

The global aluminium powder and flakes market is growing steadily driven by the automotive paints and sealants and other industrial pigments sectors. As per a report, the aluminium powder and flakes market across the world is likely to be valued at US$3,453 million by 2021 growing at a CAGR of 3.51...

Endurance Technologies’ unit acquires Italy-based aluminium die casting company
08 JAN 20191MINS

Endurance Technologies’ unit acquires Italy-based aluminium die casting company

Endurance Overseas Srl., Italy (EOSrl), a subsidiary of Endurance Technologies Ltd and the special purpose vehicle for strategic overseas investments, has acquired Fonpresmetal Gap SpA (Fonpresmetal) for 8.16 million euro. Fonpresmetal has been renamed as Endurance Castings SpA. Fonpresmetal has...

Purso Group acquires the Dutch company Nedal Aluminium
05 JAN 20192MINS

Purso Group acquires the Dutch company Nedal Aluminium

Purso Group Oy, based in Nokia, Finland, has purchased the share capital of the Dutch company Nedal Aluminium B.V. in the largest company acquisition of its history. The transaction doubles the former’s production capacity and opens new markets in Central Europe. Purso Oy, which processes aluminium...

German aluminium exporter reports higher revenue despite Trump's tariffs on imported aluminium
04 JAN 20192MINS

German aluminium exporter reports higher revenue despite Trump's tariffs on imported aluminium

US President Donald Trump imposed higher tariffs on European aluminium in June 2018, 10% to be precise. Six months on, a German aluminium producer is saying "Thanks Mr. Trump" as the company feels despite the aluminium tariffs, they have managed to earn higher revenue and do profitable business....

Sweden’s aluminium plates, sheets and strips export rise in 2018; Poland the top importer
01 JAN 20192MINS

Sweden’s aluminium plates, sheets and strips export rise in 2018; Poland the top importer

The applications of aluminium plates, sheets and strips widely range from transformers through plaster strips to silos and heavy good vehicles. Thus, the industries in need of these products include automotive, aerospace, defence and also packaging. Among many countries that ship aluminium plates,...

Austria aluminium scrap import to grow in 2018 from year ago; Germany to continue as the top exporter
27 DEC 20182MINS

Austria aluminium scrap import to grow in 2018 from year ago; Germany to continue as the top exporter

Aluminium recycling is part of Europe’s wider Aluminium industry, a sector of the economy that generates almost €40 billion revenue a year and directly or indirectly employs more than one million people. Aluminium beverage cans contribute to a large extent to the overall estimated recycling result...

Russia aluminium powder and flakes exports to decline this year; Germany continues to remain top buyer
26 DEC 20182MINS

Russia aluminium powder and flakes exports to decline this year; Germany continues to remain top buyer

According to the global export-import data, Russia’s aluminium powder and flakes exports in 2018 is estimated to see a decline compared to the last two years. As per the data, the estimated aluminium powder and flakes exports by Russia in 2016 was at 22,413 tonnes, which in the next year (2017)...

ACE launches new platform to boost recycling in Europe
21 DEC 20182MINS

ACE launches new platform to boost recycling in Europe

The Alliance for Beverage Cartons and the Environment (ACE) has launched a new platform to drive the industry’s engagement in carton recycling across Europe. The platform aims to encourage recycling of beverage cartons, including the non-paper components, such as polymers and aluminium. The...

A brief Interview with Bani Baran, International Sales & Marketing Director, Com-S, Istanbul, Turkey
21 DEC 20184MINS

A brief Interview with Bani Baran, International Sales & Marketing Director, Com-S, Istanbul, Turkey

Com-S is an Istanbul based company dealing in aluminium extrusion dies and tools and supplying to the extruders in Europe and MENA region. AlCircle had a brief discussion with Bani Baran, International Sales & Marketing Director for Com-S on their business strategies and industry outlook. Here is...

European Aluminium appoints Emilio Braghi as new Chairman
21 DEC 20182MINS

European Aluminium appoints Emilio Braghi as new Chairman

European Aluminium has appointed Emilio Braghi as the association’s Chairman. Braghi has been appointed for a two-year term starting on 1 January 2019. Emilio Braghi is Senior Vice President and President at Novelis Europe, overseeing ten European facilities for recycling aluminium and...

Vimetco and Conef sell 34% of Romanian aluminium maker Alro’s shares
20 DEC 20182MINS

Vimetco and Conef sell 34% of Romanian aluminium maker Alro’s shares

According to a report by a Romanian daily financial newspaper Ziarul Financiar, local brokerage firm Swiss Capital successfully placed 241 million shares of Romanian aluminium producer Alro Slatina through an accelerated book build (ABB). The shares sold represented a stake of nearly 34 per cent in...

Reynaers Aluminium opens new showroom in Madrid
20 DEC 20182MINS

Reynaers Aluminium opens new showroom in Madrid

Reynaers Aluminium, European leader in sustainable solutions for aluminium architecture, has announced the opening of showroom in Madrid. The new facility has the latest technology in aluminium systems, home automation and digitalisation, to recreate the ideal atmosphere in which owners and...

France’s aluminium scrap exports volume to Italy likely to rise this year, but revenue to record low
20 DEC 20182MINS

France’s aluminium scrap exports volume to Italy likely to rise this year, but revenue to record low

As aluminium scrap remains a significant resource for the production of secondary aluminium and subsequently new aluminium products across the world, France’s exports of scrap see a steady market trend year over year. In 2018, France’s aluminium scrap exports are estimated to see growth from...

US to remove sanctions from Rusal including Aughinish Alumina plant in Limerick
20 DEC 20182MINS

US to remove sanctions from Rusal including Aughinish Alumina plant in Limerick

The US Treasury announced on Wednesday, December 19, about its intention to remove sanctions against Oleg Deripaska-owned Rusal, which is the parent company of the Aughinish Alumina plant in Limerick. The Irish foreign ministry said in a statement that the Aughinish Alumina plant would be free from...

Romanian aluminium maker Alro to get US$70 million as working capital
18 DEC 20181MINS

Romanian aluminium maker Alro to get US$70 million as working capital

Alro Slatina, Russian investors-controlled aluminium and aluminium alloy producer in south-eastern Europe, approved a US$70 million supplement to a credit facility contracted in 2015 through a US$ 167 million syndicated loan. Separately, Vimetco hired Swiss Capital for selling part of its 84 per...

Rio Tinto completes sale of Aluminium Dunkerque smelter in France
15 DEC 20181MINS

Rio Tinto completes sale of Aluminium Dunkerque smelter in France

Rio Tinto announced it has completed the sale of its Dunkerque aluminium smelter in northern France, Europe’s biggest aluminium producer, to Liberty House for $500 million. In January, Rio Tinto had accepted a purchase offer from UK industrialist Sanjeev Gupta for its Dunkerque aluminium smelter....

Belgium aluminium bar rods and profiles import cost to decrease in 2018 despite YoY growth in volume
14 DEC 20182MINS

Belgium aluminium bar rods and profiles import cost to decrease in 2018 despite YoY growth in volume

According to a report, global demand for aluminium profiles, bars and rods is forecast to expand 5.7 per cent per annum between 2016 and 2020. Currently, aluminium alloy profiles, bars and rods account for 96.0 per cent of the global demand while not alloyed aluminium profiles, bars and rods have a...

Ireland’s Finance Minister meets US Treasury Secretary Steve Mnuchin to discuss the future of Aughinish Alumina
14 DEC 20182MINS

Ireland’s Finance Minister meets US Treasury Secretary Steve Mnuchin to discuss the future of Aughinish Alumina

Ireland’s Finance Minister Paschal O’Donohue met US Treasury Secretary Steve Mnuchin in Washington to discuss the future of Aughinish Alumina, which was put into uncertainty after the U.S. sanctions on Rusal. “He was going with a very simple message that it (Aughinish) was of strategic importance...