NewsEuropePage 189

Grow with
AL Circle

KNOW MORE
Ball Corporation obtains regulatory clearance for Rexam
19 JAN 20163MINS

Ball Corporation obtains regulatory clearance for Rexam

Ball Corporation BLL announced that the European Commission has granted regulatory clearance in Europe related to its proposed acquisition of Rexam PLC, subject to the divestment of 12 plants in the European Economic Area ("EEA"). Ten of these plants manufacture can bodies, while the other 2...

Hydro's fourth quarter results 2015 to be released on Feb 17
19 JAN 20161MINS

Hydro's fourth quarter results 2015 to be released on Feb 17

Norsk Hydro ASA, the Norwegian aluminium and renewable energy company announced yesterday that its fourth quarter results 2015 will be released at 07:00 CET (01:00 AM EST, 06:00 UK time), on Wednesday February 17, 2016. The quarterly report and presentation slides will be available on Hydro’s...

European Aluminium and ESTAL join forces
13 JAN 20161MINS

European Aluminium and ESTAL join forces

European Aluminium welcomed ESTAL, the European association of Surface Treatment on Aluminium, as a member. To increase benefits to its membership, ESTAL decided to join forces with European Aluminium as of 1st January 2016. Both associations work with the same metal - Aluminium - and are active on...

Protectionism rises as govts seek to help aluminium and other metal manufacturing
31 DEC 20153MINS

Protectionism rises as govts seek to help aluminium and other metal manufacturing

Protectionist action is clearly on the rise and even as economies slowly recover next year anti-dumping action can be surely expected to get worse not better across the world. Aluminium along with other industrial metals have hit the headlines most this year, not surprisingly as the volumes are...

Novelis achieves 49% recycled aluminium inputs, makes progress on GHG targets
29 DEC 20153MINS

Novelis achieves 49% recycled aluminium inputs, makes progress on GHG targets

Aluminium rolling and recycling leader Novelis released its sustainability report for Fiscal Year 2015 (FY15) on December 22. The company doubled its recycling capacity over the past five years, among other achievements. Recycled aluminium produces 95 percent fewer greenhouse gas (GHG) emissions...

Sapa President and CEO sees positive trend in offshore, maritime use of aluminium
23 DEC 20151MINS

Sapa President and CEO sees positive trend in offshore, maritime use of aluminium

More customers from the offshore and maritime sectors are ordering extruded aluminium solutions from Sapa. President & CEO Egil Hogna saw some of this growth first-hand at the company’s plant in Norway. Hogna’s visit to the Magnor plant concluded his 100-day program, which took him to three...

Recovery of European aluminium foil demand
22 DEC 20151MINS

Recovery of European aluminium foil demand

Due to the continued recovery of demand for aluminium foil products in Europe the market is recovering slowly. The gap between 2014 and 2015 aluminium foil production narrowed to just a 0.3% drop by the end of the third quarter, compared with 2.5% in the first quarter of the year, reports the...

Sapa’s Profile Academy completes another successful year of technical training
22 DEC 20152MINS

Sapa’s Profile Academy completes another successful year of technical training

Sapa’s Profile Academy is one of the most popular technical knowledge training exercises that the company organizes for external stakeholders. Another full year of workshops concluded with successful events in Argentina and the UK. Sapa established its Profile Academy concept in 1996 and has...

EU imposes anti-dumping duties on Russian aluminium foil
21 DEC 20152MINS

EU imposes anti-dumping duties on Russian aluminium foil

The European Union imposed anti-dumping duties on imports of Russian aluminium foil on Friday after its investigation showed the product was sold across the bloc at below market prices, the EU's Official Journal said. A definitive anti-dumping duty of 12.2 percent will be levied on aluminium foil...

Oslo Pensjonsforsikring acquires Hydro's Herøya Industripark
21 DEC 20153MINS

Oslo Pensjonsforsikring acquires Hydro's Herøya Industripark

Norsk Hydro ASA has entered into an agreement with Oslo Pensjonsforsikring AS regarding the sale of Herøya Industripark AS. The transfer will likely occur during the first quarter of 2016. "After a thorough process, and based on an overall assessment, we concluded that Oslo Pensjonsforsikring AS...

Divestment of Hydro's Italian rolling mill completed
18 DEC 20151MINS

Divestment of Hydro's Italian rolling mill completed

The Slim plant in Cisterna di Latina will from January 1, 2016 be operated by Rolling Mills International GmbH under the name of SLIM Aluminium S.p.A. An after-tax book loss of 45 - 55 million euros will be realized in Hydro’s fourth-quarter 2015 reported results. The rolling mill in Cisterna di...

Primary aluminium market records deficit during Jan - Oct 2015
18 DEC 20152MINS

Primary aluminium market records deficit during Jan - Oct 2015

The latest report published by the World Bureau of Metal Statistics (WBMS) indicates that global primary aluminium market has recorded a deficit during the initial ten months of the year. As per the report, the market reported a deficit of 279,000 tons when matched with the deficit of 589,000...

REDWAVE Metal Days shows new recycling possibilities
17 DEC 20152MINS

REDWAVE Metal Days shows new recycling possibilities

The REDWAVE Metal Days, at BT-Wolfgang Binder in Gleisdorf, provided the context for international experts from various sectors of the metal and aluminium recycling industry to exchange information on markets, technologies and practical experience. In addition, the new REDWAVE XRF-M sorting system,...

BSTDB supports aluminium producer in Romania
17 DEC 20151MINS

BSTDB supports aluminium producer in Romania

The Black Sea Trade and Development Bank (BSTDB) provided a USD 60 million long term loan to Alro S.A., Romania’s only aluminium producer. The loan will help finance the company’s investment program with the total cost of USD 190.3 million to be co-financed by other IFIs and commercial banks. The...

Packaging maker RPC Group eyeing Global Closure Systems
16 DEC 20152MINS

Packaging maker RPC Group eyeing Global Closure Systems

RPC Group, Europe's plastic packaging market leader with a robust portfolio featuring glass and aluminium-packaging solutions, announced it is buying French bottle-top maker Global Closure Systems (GCS Group) for an enterprise value of €650 million. RPC has been on the prowl looking for deals in...

The German aluminium packaging market: Beverage can industry grows in 2015
15 DEC 20151MINS

The German aluminium packaging market: Beverage can industry grows in 2015

Suppliers of aluminium packaging can look back on a positive business year for 2015. In interviews conducted by EUWID at the end of November / beginning of December almost all packaging producers emphasised the positive development of the overall market. With a very few exceptions, where...

Ball set to win EU approval for 4.43-billion-pound Rexam deal
11 DEC 20152MINS

Ball set to win EU approval for 4.43-billion-pound Rexam deal

U.S. drinks can maker Ball Corp is set to win EU approval for its 4.43-billion-pound bid for Rexam Plc with an improved package of concessions, two people familiar with the matter said, boosting the UK firm's shares. The world's two largest beverage can makers by volume are seeking to merge to...

European aluminium premiums rise sharply after hitting  lows in September
11 DEC 20151MINS

European aluminium premiums rise sharply after hitting lows in September

The duty unpaid premium, as per a leading industry watcher, in Rotterdam was quoted at $115 per metric ton on December 8. Aluminium premiums in Europe rose sharply after hitting their historic low of $65 per ton in September. US (SPY) Midwest aluminium premiums are also holding steady after Alcoa...