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Electricity market reform: A chance to unlock investment in European aluminium production
02 NOV 20153MINS

Electricity market reform: A chance to unlock investment in European aluminium production

Electricity is the lifeblood of aluminium production. Long - term certainty of supply and a competitive electricity price are crucial to unleash the growth potential of the industry in Europe. European Aluminium welcomes the planned reform of the EU Electricity Market Design as an opportunity to...

Klöckner & Co expands business with aluminium for automotive industry in Europe
02 NOV 20151MINS

Klöckner & Co expands business with aluminium for automotive industry in Europe

Klöckner & Co is building a new service centre at its operating location in Bönen, North Rhine-Westphalia, Germany, through its subsidiary Becker Stahl-Service GmbH. The new facility will process aluminium flat products for the automotive and manufacturing industries in Europe. Capital expenditure...

Sapa continues improvement in financial results
02 NOV 20151MINS

Sapa continues improvement in financial results

Sapa continued to improve its financial performance with a third quarter result that was significantly better than its result in the same quarter last year. Underlying EBIT in the third quarter was NOK 404 million, compared with NOK 201 million last year. The increase was driven by positive...

Greater awareness takes Alufoil container recycling to new high
02 NOV 20152MINS

Greater awareness takes Alufoil container recycling to new high

New data released by EAFA, the European Aluminium Foil Association, confirms that recycling rates in Europe for alufoil trays and semi-rigid containers in 2013 reached about 55%. The previous reporting period (2010) saw that figure rise above 50% following concerted efforts by the industry to...

ShredderSort to introduce new solutions for the aluminium recycling industry
29 OCT 20152MINS

ShredderSort to introduce new solutions for the aluminium recycling industry

Although the number of end of life vehicles (ELVs) needing recycling is growing, due to processing limitations aluminium recycling rates are being hindered. A European-funded project - ShredderSort - aims to contribute to new solutions to the aluminium recycling industry. More than 10 million tons...

Sapa restructures extrusion business in Sweden
28 OCT 20152MINS

Sapa restructures extrusion business in Sweden

Sapa's aluminium extrusion unit in Sweden, Sapa Profiler AB, has informed its organization about restructuring of operations and consequent manning reductions. Union representatives have been notified and will begin local negotiations shortly. Sapa's long-term strategy is to build strong and...

EU raises objections to Rexam-Ball deal
28 OCT 20153MINS

EU raises objections to Rexam-Ball deal

Rexam has received a statement of objections from the EU Competition Commission regarding the proposed £4.4bn acquisition of the company by Ball Corporation, and it could be instructed to sell its UK operations to rival firms. In July the EU launched a detailed probe into whether the deal could...

Hydro’s Recycling Head named to European Aluminium post
27 OCT 20151MINS

Hydro’s Recycling Head named to European Aluminium post

Roland Scharf-Bergmann, Head of Recycling in Hydro's Primary Metal business, has been elected chairman of the Recycling Division of European Aluminium by the organization’s General Assembly. European Aluminium represents the interests of the entire value chain of the aluminium industry in Europe....

Montupet Bulgarian unit hopes to resume output at halted line
26 OCT 20151MINS

Montupet Bulgarian unit hopes to resume output at halted line

French producer of cast aluminium parts for the automotive industry Montupet hopes that the Bulgarian authorities will reconsider their decision to stop one of its production lines in the Balkan country, Bloomberg has reported. The regional environment inspectorate in the Bulgarian city of Ruse, on...

Global Market for Aluminium Aerosol Cans Declines Slightly
23 OCT 20153MINS

Global Market for Aluminium Aerosol Cans Declines Slightly

Following years of continuous growth during which the production figures for the aerosol can industry raced from one record to the next, the market has now finally taken a pause for breath. AEROBAL, the International Organisation of Aluminium Aerosol Container Manufacturers, reported a small...

Primary Aluminum market records deficit during Jan – Aug
23 OCT 20152MINS

Primary Aluminum market records deficit during Jan – Aug

The latest report published by the World Bureau of Metal Statistics (WBMS) indicates that global primary aluminum market has recorded a deficit during the initial eight months of the year. As per the report, the market reported a deficit of 257,000 tons when matched with the deficit of 654,000...

Hydro agrees to sell aluminium rolling mill in Italy
21 OCT 20151MINS

Hydro agrees to sell aluminium rolling mill in Italy

Hydro has entered into a binding agreement to sell its aluminium rolling mill in Cisterna di Latina, Italy, to Rolling Mills International GmbH. Hydro's rolling mill in Cisterna di Latina produces aluminium rolled products, mainly standard strip and sheet, as well as plain foil. Through the...

Canada's Linamar offers $882 million to buy French supplier Montupet
19 OCT 20152MINS

Canada's Linamar offers $882 million to buy French supplier Montupet

Canadian supplier Linamar Corp. has offered 771 million euros ($882 million) in cash to acquire French peer Montupet SA. Montupet, which is working with U.S. investment bank Jefferies, said its board is supporting Linamar's tender offer. The French company supplies valued-added aluminium castings...

Mecfor Inc. acquires equipment manufacturer Brochot’s intellectual property
16 OCT 20152MINS

Mecfor Inc. acquires equipment manufacturer Brochot’s intellectual property

Mecfor Inc. announced the acquisition of the intellectual property of the Brochot SA, France. Until recently, Brochot specialized in the design and manufacturing of equipment for various metal industries, in particular primary aluminium smelters worldwide. Following the acquisition process that...

Reynaers Aluminium Romania aims to increase its turnover by 75% in 2015
16 OCT 20152MINS

Reynaers Aluminium Romania aims to increase its turnover by 75% in 2015

Reynaers Aluminium Romania, one of the main European leaders in aluminium solutions for the constructions industry, aims at a 7 million Euros turnover by the end of this year, which means a 75% increase compared with last year’s business. Also, the company plans to reach a 10% market share on the...

European rolled aluminium product demand seen up in 2016-Novelis
13 OCT 20152MINS

European rolled aluminium product demand seen up in 2016-Novelis

U.S.-based Novelis expects a 3 percent rise in rolled aluminium product demand in Europe in 2016, despite the knock-on impact of sluggish growth in China, its European head said. This would be down slightly from the 4 percent increase in aluminium product growth expected in 2015, Erwin Mayr, Europe...

Rexam joins hands with WeCan for UK’s first mobile canning facility
08 OCT 20152MINS

Rexam joins hands with WeCan for UK’s first mobile canning facility

Rexam has teamed up with WeCan Solutions to produce aluminium cans for the first ever mobile canning facility in the UK, one of only a handful in Europe. The pioneering service, backed by Rexam, offers onsite canning solutions for craft brewers and smaller beverage brands with a minimum filling run...

Rusal Aughinish back to pre-tax losses despite revenue rise
08 OCT 20152MINS

Rusal Aughinish back to pre-tax losses despite revenue rise

The largest alumina refinery in Europe, Rusal Aughinish, last year went back into the red to record pre-tax losses of $12.2m (€10.8m). The loss came despite revenues having increased by $22m from $607.8m to $629m. Based on the Snannon estuary, the principal activity of Limerick Alumina Refining Ltd...