NewsEuropePage 226

Grow with
AL Circle

KNOW MORE
Montenegro court declares country's sole aluminium plant bankrupt
10 OCT 20132MINS

Montenegro court declares country's sole aluminium plant bankrupt

A Montenegrin court on Wednesday declared the country's sole aluminium plant and a top exporter bankrupt, paving the way for its sale to repay 380 million euros ($516.67 million) of debt. In its heyday in the late 1970s, Kombinat Aluminijuma Podgorica had 5,000 workers. With its workforce cut to a...

Slovalco signs a contract on electricity supply until 2021
10 OCT 20132MINS

Slovalco signs a contract on electricity supply until 2021

Slovalco has signed a long-term electricity supply contract with power utility Slovenské Elektrárne (SE). Slovalco, the Slovak aluminium producer, wants to achieve such total price of electricity which is its most important expenses item that would equal the level of other European producers....

Aluminium cuts weight in Warsaw metro train
10 OCT 20131MINS

Aluminium cuts weight in Warsaw metro train

THE first two of 35 six-car Siemens Inspiro metro trains entered passenger service in Warsaw on 6th October. The first train was dispatched by the mayor of Warsaw, Ms Hanna Gronkiewicz-Waltz (pictured), together with the CEO of Warsaw Metro, Mr Jerzy Lejk, and the CEO of Siemens Rail Systems Mr...

Euro Facade Aluminium composite panels
09 OCT 20132MINS

Euro Facade Aluminium composite panels

The EFP Aluminium Composite Panel is manufactured by an ISO 9001 certified company with UKAS Quality Management Certification. State of the art European technology and machinery currently produce 13,000m2 of ACM a day which is exported to 33 markets across Asia, Middle East Europe, North and South...

Bruno Presezzi launches new strip casting line
09 OCT 20131MINS

Bruno Presezzi launches new strip casting line

Bruno Presezzi SpA, an Italian engineering and manufacturing company of machinery for the production and processing of aluminium and zinc strip, has recently completed the commissioning of a new casting line at Asturiana de Laminados SA (Spain) for the production of zinc and zinc alloys strip. The...

The European Metals Industry is keen to contribute towards metal sustainability
09 OCT 20131MINS

The European Metals Industry is keen to contribute towards metal sustainability

The European Non-Ferrous and Ferrous Metals industry is selected for developing and testing product environmental footprint category rules for metal sheets. The experts in life cycle assessment and sustainability from the aluminium, copper, lead, steel and mining sectors is now looking forward to...

Bosnian smelter lists shares after rescue deal
09 OCT 20132MINS

Bosnian smelter lists shares after rescue deal

Bosnia's sole aluminium smelter and top exporter Aluminij Mostar has listed its shares, opening the way for trade in the stock after a rescue deal for the major employer and mainstay of the economy. The company was able to list its shares after a new ownership structure was registered by the...

Norsk Hydro's part-owned smelter Slovalco signs power contract
09 OCT 20131MINS

Norsk Hydro's part-owned smelter Slovalco signs power contract

Norsk Hydro ASA's part-owned aluminium smelter in Slovakia, Slovalco, has signed a Power Purchase Agreement (PPA) for power supply with Slovenské Elektrárne. Following signing of a Letter of Intent for power supply, announced on July 18, Slovalco has entered into a PPA for electricity supply in the...

Aluminum costs seen dropping as LME unclogs depots
08 OCT 20133MINS

Aluminum costs seen dropping as LME unclogs depots

The London Metal Exchange’s plan to ease congestion at warehouses storing near-record amounts of aluminum will accelerate deliveries and reduce premiums paid for supply, at a time when prices are already near a four-year low. European premiums excluding duty will drop as much as 15 percent to $145...

Aluminium scrap stays steady in Europe after UK falls
08 OCT 20132MINS

Aluminium scrap stays steady in Europe after UK falls

Aluminium scrap prices in Europe stayed flat on Friday October 4 even after falling in the UK market over the past two weeks, and secondary aluminium producer margins remain under pressure. “There have been some small reductions in scrap prices but nothing significant,” a producer said. UK scrap...

Century Aluminum Iceland has interesting assets and future growth plans
07 OCT 20132MINS

Century Aluminum Iceland has interesting assets and future growth plans

Century Aluminum has some interesting assets and future growth plans. Century Aluminum Co has five main production facilities, one under construction and two carbon cathode/anode manufacturing facilities. The firms, a leading aluminum production facility, is located in Iceland and the new facility...

Fresh calls to investigate bauxite produced by Rusal Aughinish
07 OCT 20132MINS

Fresh calls to investigate bauxite produced by Rusal Aughinish

There have been fresh calls this week for an investigation to take place on the disposal of red bauxite on the banks of the Shannon, which comes from the Rusal Aughinish site. The Russian-owned company, which produces alumina, is two years into a project which sees the disposal of 1.2m tonnes of...

EAA appoints Director for its new Recycling Department
03 OCT 20131MINS

EAA appoints Director for its new Recycling Department

The European Aluminium Association (EAA) has appointed Magdalena Garczynska as the Director of its new Recycling Department. This new position will strengthen the expertise of EAA on an industry segment that is a cornerstone of the aluminium industry’s sustainability. ?“The appointment of Magdalena...

RUSAL Aughinish refinery records losses
03 OCT 20132MINS

RUSAL Aughinish refinery records losses

The largest alumina refinery in Europe, RUSAL Aughinish, which is located on the Shannon Estuary, plunged into the red last year as it racked up pre-tax losses of $10.4m (€7.68m). The business recorded the loss as revenues at the refinery dipped by $24m, or 2.5pc, from $610.57m to $586m in the 12...

New Event Director for ALUMINIUM, COMPOSITES EUROPE and HYBRID Expo
03 OCT 20132MINS

New Event Director for ALUMINIUM, COMPOSITES EUROPE and HYBRID Expo

Markus M. Jessberger (52) who has been Event Director of ALUMINIUM, COMPOSITES EUROPE and HYBRID Expo since 2008 will leave Reed Exhibitions Deutschland at the end of this year to take up a new professional challenge near the home of his family in the Nuremberg region. He will be succeeded by...

Slovak aluminium producer Slovalco, power producer SE agree on electricity supply deal
03 OCT 20132MINS

Slovak aluminium producer Slovalco, power producer SE agree on electricity supply deal

Slovak aluminium producer Slovalco and the country's dominant power producer Slovenske Elektrarne (SE) have reached an agreement on a new electricity supply contract, an important step towards keeping the aluminium smelter afloat, Pravda daily reported. Under the new contract, SE will supply a...

Trimet Aluminium returns to the profit zone
02 OCT 20133MINS

Trimet Aluminium returns to the profit zone

Trimet Aluminium SE has concluded the financial year 2012/2013 with sales of 1.2 billion euros (previous year: 1.3 billion). With an annual result of 1.7 million euros, the medium-size company returned to the profit zone. Despite the slight decline in sales the material specialist experienced a...

Bosch Rexroth gives a lift to aerospace manufacturers at MRO Europe
01 OCT 20132MINS

Bosch Rexroth gives a lift to aerospace manufacturers at MRO Europe

One of the world’s leading engineering companies, Bosch Rexroth, revealed how it has been working with global aerospace manufacturers to help them meet the challenges of working at height. The company gave a live demonstration of its latest aluminium staging technology, which is already being used...