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Novelis UK win at the Awards for Excellence
21 MAY 20152MINS

Novelis UK win at the Awards for Excellence

Novelis UK were unveiled as the winner of the Circular Economy Success category at this year’s Awards for Excellence in Recycling and Waste Management, 2015. The annual Awards for Excellence are renowned for delivering true value and recognition to leaders of the innovation in the sector. The...

Sasol expands alumina spheres production capacity in Germany
21 MAY 20152MINS

Sasol expands alumina spheres production capacity in Germany

On May 20, 2015 Sasol announced that it has expanded the production capacity of its alumina spheres plant in Brunsbüttel to 4,000 tonnes per annum. Through the company’s Performance Chemicals Inorganics & Catalyst division, a leading global producer of inorganic specialities, it produces high...

ALBA SE, Germany, reports significant earnings growth for Q1 2015
20 MAY 20151MINS

ALBA SE, Germany, reports significant earnings growth for Q1 2015

Recycling, trading and waste management company ALBA SE, Cologne, Germany, has reports first quarter earnings before taxes (EBT) of €8.7 million (US$7.651 million), a level more than four times higher than the €2.1 million (US$1.846 million) of earnings before tax the company reported the same time...

EAFA releases Auminium foil statistics for first quarter 2015
20 MAY 20152MINS

EAFA releases Auminium foil statistics for first quarter 2015

Alufoil demand starts 2015 weaker, but signs of recovery emerging Deliveries of aluminium foil products fell by 2.5% to 218,500 tonnes in the first three months of 2015 compared with the first quarter of 2014 (224,000 tonnes). But clear signs of stronger demand emerged in February and March,...

MWSD designs special forged aluminium wheels for glass transportation
18 MAY 20151MINS

MWSD designs special forged aluminium wheels for glass transportation

Motor Wheel Service Distribution (MWSD) has launched a new forged aluminium wheel named Xlite ET45 built specifically for three-axle, multi-functional, inloader semi-trailers. The product is aimed primarily aimed at the glass transportation companies throughout Europe both OE and replacement...

UK needs to develop stronger policies in waste management
18 MAY 20151MINS

UK needs to develop stronger policies in waste management

The European Commission has decided to scrap its circular economy package which targeted 70% recycling by 2030 for a more ambitious plan to be released later this year according wide-spread reports. However, it might not be the best approach for UK to blindly follow the EU regulations as the waste...

Stronger dollar steers Romanian aluminum producer Alro back to profit
18 MAY 20153MINS

Stronger dollar steers Romanian aluminum producer Alro back to profit

Romanian aluminum producer Alro Slatina, part of international group Vimetco, posted an adjusted net profit of some EUR 5.17 million in the first quarter of 2015, compared to an adjusted loss of EUR 10 million in the same period of last year. The company’s turnover went up by 20.5%, in local...

European producers under pressure as aluminum 'all-in' price falls
15 MAY 20152MINS

European producers under pressure as aluminum 'all-in' price falls

Aluminum producers are expected to be under increasing pressure as the aluminum ‘all-in’ price (London Metal Exchange cash price + premium) has fallen over the last few months on the back of lower global premia, while the LME aluminum cash price has largely remained unchanged. LME cash price has...

Albemarle's arm Chemetall buys aluminium finishing business of Chemal GmbH
15 MAY 20152MINS

Albemarle's arm Chemetall buys aluminium finishing business of Chemal GmbH

Chemetall, a global business unit of the US-based Albemarle Corporation, has acquired the business of Chemal GmbH & Co KG, based in Hamm, Germany. This transaction will enhance Chemetall's integrated portfolio for the aluminium finishing industry. Chemal GmbH & Co KG, founded in 1975, specialises...

Aleris reports first quarter 2015 results
14 MAY 20153MINS

Aleris reports first quarter 2015 results

First Quarter 2015 Results Adjusted EBITDA totaled $55 million for the first quarter of 2015 compared to $43 million for the first quarter of 2014. First quarter results were impacted by the following: • Higher shipment volumes of 15 percent, due primarily to our acquisition of Nichols, 17 percent...

Hindalco slips on weak performance by Novelis
14 MAY 20152MINS

Hindalco slips on weak performance by Novelis

Shares of aluminium major Hindalco fell over 3 per cent on Wednesday after its US subsidiary Novelis reported weak results. A 20 per cent drop in operating profits during the March quarter dampened investor sentiment as the subsidiary brings in around two-third of Hindalco’s consolidated revenues...

Alum Tulcea allocates 30% of 2014 profit for retooling
14 MAY 20152MINS

Alum Tulcea allocates 30% of 2014 profit for retooling

Approximately 30% of the 2014 net profit recorded by alumina producer Alum Tulcea will be allocated for retooling and the rest will be distributed to cover losses from previous years, the operational manager of the company Nicolae Anghelovici told Agerpres after Alum’s debut on AeRO market. In...

Sam Walsh speaks of expansion plans in aluminium
14 MAY 20151MINS

Sam Walsh speaks of expansion plans in aluminium

At the Merrill Lynch global metals, mining and steel conference, Barcelona, Spain, Rio Tinto CEO, Sam Welsh, expressed his desire to continue pushing for growth despite the challenging environment. The tough environment for “subdued pricing and economic uncertainty” a lot of tough decisions had to...

Top aluminium producers underline the importance of aluminium scrap utilization
13 MAY 20152MINS

Top aluminium producers underline the importance of aluminium scrap utilization

The nonferrous market in Europe may be finding some solid footing, which could be good news for the overall health of most nonferrous metals markets there. One sticking point continues to be China, which continues to send mixed signals on its economy. For aluminium, after a modest price rally, the...

EC’s intervention over alleged state aid ‘not helpful’
11 MAY 20152MINS

EC’s intervention over alleged state aid ‘not helpful’

MEP for Ireland South, Deirdre Clune says a decade long battle between Ireland and the European Commission over alleged state aid to Aughinish Alumina is “not helpful” to business development in the west. The European Commission wants €10m of what it believes were illegal tax breaks given to...

Presentation of Elval to the Hellenic fund and asset management association
11 MAY 20152MINS

Presentation of Elval to the Hellenic fund and asset management association

Elval Group’s annual ordinary briefing to the Hellenic Fund and Asset Management Association took place today, Tuesday, May 5, 2015. During the briefing Elval Group shortly presented its progress, production facilities, products and financial results for Financial Year 2014. Elval Group since the...

‘Silent giant’ Alunorf aluminium plant turns 50 with revamp
07 MAY 20152MINS

‘Silent giant’ Alunorf aluminium plant turns 50 with revamp

Alunorf, the world’s largest aluminium plant for hot rolling and remelting, is celebrating the 50th anniversary of operation with an extensive revamp. Alunorf, in Neuss, Germany, is a 50/50 joint venture owned by Hydro and Novelis. Rolled aluminium processed by Alunorf is used throughout Europe and...

Alcoa to present at Bank of America Merrill Lynch Global Metals, Mining & Steel Conference
06 MAY 20151MINS

Alcoa to present at Bank of America Merrill Lynch Global Metals, Mining & Steel Conference

Alcoa Executive Vice President and Chief Financial Officer William F. Oplinger will present at the 2015 Bank of America Merrill Lynch Global Metals, Mining & Steel Conference being held May 12-14 in Barcelona, Spain. Oplinger will speak at 11:00 a.m. EDT (5:00 p.m. CET) on Tuesday, May 12. He will...