Aluminium extrusion 2035 demand nears 44.22Mt: Industry experts decode next decade drivers
Global aluminium extrusion demand is entering a phase with consumption projected to rise from 35.25 million tonnes in 2025 to 35.93 million tonnes in 2026 and 44.22 million tonnes by 2035, representing a 2.29 per cent CAGR. While building and construction will remain the largest end-use sector and...
EU plans aluminium scrap export ban on non-OECD countries; China, India in focus
The European Union (EU) is preparing a broader restriction on aluminium scrap exports to non-Organisation for Economic Co-operation and Development (OECD) countries, replacing an earlier trade proposal that would have covered only part of the bloc’s scrap flows. The move could largely impact...
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The 2nd European Green Aluminium Summit 2024
With the Green Deal, the European Union's ambitious goal is to reduce net greenhouse gas emissions by a substantial 55 per cent by 2030 and 90-95 per cent by 2040, relative to 1990 levels, to become the world's first climate-neutral continent by 2050. As a lightweight metal with recyclable...
“Aluminium flat-rolled products will increase in volume. Globally,” Vincenzo ZINNI, CEO, Niche Fusina Rolled Products S.r.L.
Vincenzo ZINNI, Chief Executive Officer, joined Fusina in 2022 with the acquisition of the plant by Dada Holding and Invitalia. With a background in metal trading, he is managing the group and driving the team to excellence, quality, and reliability. Under his management and focus, the plant is on...
Porsche invests in aluminium finishing machinery in its Schwarzenberg manufacturing facility
Porsche has introduced a larger machining facility at its newly acquired plant in Schwarzenberg, Germany, to accomplish better finishing in its aluminium car body manufacturing. The company, upon realising that a premium finish in the silvery-white light material cannot be achieved with traditional...
Innovative technologies & sustainable solutions key to meet growing aluminium demand, says DTE analyst
As the global economy rebounds from the COVID-19 recession, the demand for aluminium is set to surge, with the International Aluminium Institute projecting a 40 per cent rise by 2030, requiring an additional 33 million tonnes of annual production. Karl Ágúst Matthíasson, co-founder and CEO of...
Alcoa and IGNIS EQT progress toward strategic agreement to support future of Alcoa San Ciprián operations
On October 16, 2024, Alcoa Corporation and IGNIS Equity Holdings, SL (IGNIS EQT), the majority shareholder in the IGNIS Group of Companies, a vertically integrated energy company based in Spain, announced that they are progressing toward entering into a strategic cooperation agreement (the...
Hydro and Skellefteå Kraft inks 2 TWh renewable energy deal for its Norwegian aluminium smelters
Hydro Energi AS has entered into a long-term power purchase agreement (PPA) with Skellefteå Kraft AB to supply 2 TWh of renewable energy to Hydro's Norwegian aluminium plants from 2025 to 2032. This agreement ensures Hydro will receive 2 TWh from Skellefteå Kraft's SE2 portfolio over the next eight...
Reimagining corporate knowledge: Shaping tomorrow's data strategy with AI
FEHRMANN MaterialsX is expanding its innovative product portfolio with the proud introduction of its latest development: MatGPT Enterprise. This advanced AI solution combines the proven features of MatGPT Pro with the ability to build and utilise proprietary knowledge databases—all within a secure...
EU tariffs will drive Chinese EV production to Europe, escalating overcapacity crisis: Stellantis CEO
On October 14, 2024, Stellantis CEO Tavares stated that the European Union's decision to impose tariffs on Chinese-made electric vehicles (EVs) is expected to accelerate plant closures across Europe. He warned that these duties would likely drive Chinese automakers to establish manufacturing...
Aluminium Deutschland paves effective path to revive Germany's aluminium industry
Aluminium Deutschland, IG BCE (a trade union in Germany) and IG Metall (a dominant metalworkers' union in Germany) have joined hands through the German Aluminium Alliance with five federal states intending to transition into climate neutrality and competitiveness for Germany's aluminium sector....
ESA explores the future of in-space manufacturing with autonomous aluminium weld analysis
European Space Agency (ESA) engineers have closely examined a groundbreaking aluminium weld produced in space. This marks a historic milestone as the first autonomous welding conducted in orbit and the first of its kind involving ESA. The weld, a mere one centimetre in size, was created using...
Alro Slatina achieves a carbon footprint below the European average
The Romanian aluminium producer Alro Slatina reported at Aluminium 2024 in Dusseldorf that its carbon footprint has reached beneath the average level in Europe. The company even stated that it feels optimistic ahead of the Carbon Border Adjustment Mechanism (CBAM), which will be imposed by Europe...
profine Group acquires Dutch firm EFP International, strengthens aluminium profile systems offering
In a strategic move to broaden its influence within the architectural and construction sectors, profine Group has announced the acquisition of EFP International B.V. (EFP), a Netherlands-based company with a global presence. EFP specialises in the design, development, and production of aluminium...
Advancing circularity in the aluminium industry with Novelis and TSR’s new strategic alliance
Novelis Inc., an American industrial aluminium company renowned for its flat-rolled product manufacturing and recycling expertise, has signed a strategic three-year agreement with TSR Recycling. This contract strengthens their long-standing partnership to supply approximately 75,000 tonnes of...
Novelis, leading aluminium production and recycling firm, affirms transition towards establishment of circular economy
Novelis, the world's leading aluminium flat-rolled products and aluminium recycler, is gearing up for high alloy recycling and strongly focuses on sustainable solutions for new industry standards. Novelis proclaims to effectively transition towards a circular economy as the company consistently...
TOMRA Sorting GmbH receives gold medal in EcoVadis sustainability rating
TOMRA Sorting GmbH has been awarded the gold medal by EcoVadis for its sustainability performance, highlighting the company's progress in the areas of environment, labor and human rights, ethics and sustainable procurement. As part of a comprehensive sustainability strategy, TOMRA's ambition is to...
Sailing towards circularity: Hydro & Vaan aims to develop low-carbon aluminium yachts by 2025
Norsk Hydro, the Norwegian aluminium and renewable energy company, has signed a letter of intent with Dutch yacht builder Vaan Yachts BV to advance circularity in the yachting industry. Building on five years of collaboration, the two companies aim to develop aluminium sheet material for Vaan's...
Nedal Aluminium achieves the ASI Performance Standard V3 (2022) Certification
Nedal Aluminium, known for developing, producing and selling aluminium profiles and lighting columns, has been certified by the Aluminium Stewardship Initiative (ASI) with the Performance Standard V3 (2022) Certification. The Netherlands-based company has earned the certification for extrusion and...
Vedanta Aluminium Showcases Sustainable Aluminium Solutions at ALUMINIUM 2024, Düsseldorf
Vedanta Aluminium, India's largest aluminium producer, is set to participate in the upcoming 'ALUMINIUM 2024' world trade fair in Düsseldorf, Germany. The company will exhibit its extensive product portfolio, including its sustainable aluminium offerings under the 'Restora' brand, at Hall No. 6,...
