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Drinks can makers Ball, Rexam launch US$3b asset sale ahead of merger
17 FEB 20162MINS

Drinks can makers Ball, Rexam launch US$3b asset sale ahead of merger

Drinks can manufacturers Ball Corp and Rexam Plc have begun the process of selling assets, potentially worth more than US$3 billion, to meet antitrust regulations ahead of their planned merger, several people familiar with the matter said. Both companies are expected to meet with representatives of...

Work stoppages announced at Rio Tinto Alcan
17 FEB 20162MINS

Work stoppages announced at Rio Tinto Alcan

Rio Tinto has finally announced work stoppages at the smelter to be effective next week. This will bring aluminium exports to a stand-still, as workers try to gain leverage for wage increases. Vísir reports that the stoppages are to begin on February 24, and will continue indefinitely. The workers...

Rusal sees global aluminium surplus reversing into deficit  in 2016
17 FEB 20161MINS

Rusal sees global aluminium surplus reversing into deficit in 2016

Rusal expects global aluminium market to swing into deficit in 2016 from 2015’s surplus, according to its recently released 2015 annual report. The global aluminium giant sees global aluminium market in 1.2 million tonne deficit in 2016, reversing from 600,000 tonne surplus in 2015. Rusal sold more...

Stronger dollar helps Romanian aluminium producer Alro turn to profit
17 FEB 20163MINS

Stronger dollar helps Romanian aluminium producer Alro turn to profit

Romania’s only aluminium producer Alro Slatina recorded an adjusted net profit of EUR 19.1 million in 2015 compared to adjusted losses of over EUR 30 million in 2014, as its turnover went up by 15% to EUR 517 million. The company managed to compensate part of the decline in international aluminium...

Microsoft Lumia 650 with aluminium frame to debut in "select" European markets
16 FEB 20162MINS

Microsoft Lumia 650 with aluminium frame to debut in "select" European markets

Nokia and then Microsoft’s Lumia has so far been banking heavily on their low-end, low-cost devices to woo the mobile handset market. And while these devices often offered decent hardware and software specifications, they never shined in the design department. With its latest launch- Microsoft...

Romanian aluminium producer borrows USD 137 mln to refinance loan
16 FEB 20161MINS

Romanian aluminium producer borrows USD 137 mln to refinance loan

Aluminium producer Alro has signed a USD 137 million revolving loan agreement with a syndicate of banks led by Raiffeisen International and Raiffeisen Bank Romania. The company needs the money to refinance another USD 120 million revolving loan it took from the European Bank for Reconstruction and...

Novelis Works with Jaguar Land Rover to Create RC5754 High Recycled Content Aluminum Alloy for Automotive Industry
12 FEB 20163MINS

Novelis Works with Jaguar Land Rover to Create RC5754 High Recycled Content Aluminum Alloy for Automotive Industry

Novelis, the world leader in aluminum rolling and recycling, today announced that its RC5754 alloy, a new automotive product designed to contain up to 75 percent recycled content, has been successfully integrated into the structural components of high volume production passenger vehicles. RC5754...

Romania's Alro Slatina borrows USD 60 mln to fund investments this year
11 FEB 20161MINS

Romania's Alro Slatina borrows USD 60 mln to fund investments this year

Alro Slatina, one of Romania's biggest aluminium producers has inked an agreement with the Black Sea Trade and Development Bank to borrow a sum of USD 60 million. The primary aluminium maker will use the funds to carry out investments this year, the company announced. The loan has a seven-year...

Rexam teams up with Swedish brewer on craft IPA cans
11 FEB 20162MINS

Rexam teams up with Swedish brewer on craft IPA cans

Can maker Rexam has joined forces with Swedish craft beer maker Southside Brewing Company to produce its first ever canned line of Western Pacific IPA. The move from glass bottle to aluminium highlights the brewer’s dedication to sustainability and will enable it to recycle more, waste less and...

ITT Cannon receives certification for aluminium and composite connectors
09 FEB 20161MINS

ITT Cannon receives certification for aluminium and composite connectors

ITT Corporation’s Cannon brand receives European Standard Certification (EN3645) for its aluminium and composite Circular Series III connectors, certified in the United States under MIL-DTL-38999. The certification followed rigorous testing, site audits and data collection by the AeroSpace and...

Can-Pack Romania invests in intelligent collection devices of aluminium cans
08 FEB 20162MINS

Can-Pack Romania invests in intelligent collection devices of aluminium cans

Can-Pack Romania, the only producer of aluminium cans in Romania, plans to invest 200,000 Euro in order to install during this year 21 intelligent collection devices of aluminium can waste that will be implemented in the Auchan hypermarket network, according to Adina Magsi, the general manager of...

More effort needed to boost aluminium can recycling
04 FEB 20162MINS

More effort needed to boost aluminium can recycling

Although the overall recycling rate for aluminium beverage cans in Europe is on the increase, more effort is necessary to reach the 80% recycling target set for 2020, insists Maarten Labberton, director of the European Aluminium Packaging Group. There is a need, he says, for more efficient...

KEMPER GmbH increases sales profit again
04 FEB 20162MINS

KEMPER GmbH increases sales profit again

KEMPER GmbH drives their business further on to a higher level. In the previous fiscal year, sales increased by 11 percent compared to 2014. The revenue again increases in the double digit range. In 2014, this manufacturer of extraction and filter systems for the metal-processing industry has...

As an educator, Sapa keeps level of technical training high
03 FEB 20162MINS

As an educator, Sapa keeps level of technical training high

Increased knowledge is driving the use of aluminium solutions, and Sapa is serving as one of the educators. The company has provided more than 75,000 hours of technical training to external stakeholders since 2013 - and it is not stopping there. The growth in the amount of technical knowledge...

Novelis creates new Sales and Marketing organization to better serve global customers
29 JAN 20162MINS

Novelis creates new Sales and Marketing organization to better serve global customers

Novelis, the world leader in aluminum rolling and recycling, announced the creation of two executive positions, Vice President of Sales and Marketing Global Can, and Vice President of Sales and Marketing Global Automotive. Effective April 1, 2016, these new positions will allow Novelis to more...

Valspar showcases its best-selling architectural coatings at Architect@Work London
28 JAN 20162MINS

Valspar showcases its best-selling architectural coatings at Architect@Work London

During Architect@Work London, The Valspar Corporation will be exhibiting in booth #48 and featuring two of its most recognizable architectural coatings brands – Syntha Pulvin® powder coatings and Fluropon® liquid coatings. Architect@Work (A@W) London will be held at the Olympia London in the...

Aluminium beverage can recycling at new record high
25 JAN 20162MINS

Aluminium beverage can recycling at new record high

The overall recycling rate for aluminium beverage cans in the European Union, Switzerland, Norway and Iceland increased by 1.8% to a new record level of 71.3% in 2013. European Aluminium considers this result an important milestone on its path towards its voluntary recycling target for used...

Global high purity alumina market poised to grow at 6.9% over 2016-2021
20 JAN 20163MINS

Global high purity alumina market poised to grow at 6.9% over 2016-2021

According to a recently published market research report, the global high purity alumina (HPA) market was valued at US$ 1.2 billion (bn) in 2014 and is projected to grow at a compound annual growth rate (CAGR) of 6.9% during the forecast period to reach US$ 3.6 bn by the end of 2021. HPA is a...