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Manufacturers of aluminum tubes and aerosol cans face market adjustments and regulatory changes
23 SEPT 20243MINS

Manufacturers of aluminum tubes and aerosol cans face market adjustments and regulatory changes

In the first half of 2024, members of the Tubes, Cans, and Impact Extruded Parts Association (FV-TDF) of Aluminium Deutschland reported a decline in deliveries of aluminium tubes and aerosol cans to domestic customers. A total of 397 million aluminium tubes were delivered to Germany, representing a...

Exlabesa’s €25 million aluminium plant in Soure promises economic growth & 120 new jobs
19 SEPT 20242MINS

Exlabesa’s €25 million aluminium plant in Soure promises economic growth & 120 new jobs

Exlabesa, a global leader in producing industrial aluminium components, is inaugurating a new production facility in Soure, located in the Coimbra district of Portugal. This €25 million investment is expected to bolster the local economy significantly. Exlabesa's tenth production centre According...

Russian aluminium's share in EU imports falls amid sanction pressure
19 SEPT 20246MINS

Russian aluminium's share in EU imports falls amid sanction pressure

The European Union's approach to Russian primary aluminium imports has significantly transformed in a landscape marked by evolving geopolitical tensions, as revealed by a recent report by Eurasia Strategic Consulting. While presently, any formal sanctions on Russian aluminium remain absent, other...

Aerosol can deliveries show positive growth in H1 2024 fueled by sustainability goals and higher GDP per capita
19 SEPT 20244MINS

Aerosol can deliveries show positive growth in H1 2024 fueled by sustainability goals and higher GDP per capita

The International Organisation of Aluminium Aerosol Container Manufacturers, popularly known as AEROBAL, reveals its latest survey showing a significant increase in global deliveries from its members in the first half of 2024. According to the survey, the deliveries grew across all the major...

Italy backs European Commission’s proposed tariffs on Chinese electric vehicle imports
17 SEPT 20242MINS

Italy backs European Commission’s proposed tariffs on Chinese electric vehicle imports

Italy has extended its support to the European Commission's proposed tariffs on Chinese electric vehicle imports, said Italian Foreign Minister Antonio Tajani in an interview on Monday, September 16, before meeting China's Minister of Commerce Wang Wentao. Tajani asserted, "We support the duties...

Constellium celebrates grand opening of advanced aluminium recycling hub in France
17 SEPT 20243MINS

Constellium celebrates grand opening of advanced aluminium recycling hub in France

Constellium has officially inaugurated its new advanced recycling centre at its Neuf-Brisach facility in France. The €130 million investment, bolstered by the France Relance investment program, is a significant milestone for the company. It reinforces its presence in the automotive and packaging...

Europe's second-largest carmaker takes stand against EU's vehicle emissions target delay for automakers
16 SEPT 20243MINS

Europe's second-largest carmaker takes stand against EU's vehicle emissions target delay for automakers

Europe's second-largest carmaker, Stellantis NV, is standing firm against potential efforts by the European Union to delay the implementation of stricter emissions regulations scheduled for next year. The company's stance signals a brewing conflict with other manufacturers who may favour postponing...

ASI certifies Hammerer Aluminium against Performance Standard with provisional status
11 SEPT 20241MINS

ASI certifies Hammerer Aluminium against Performance Standard with provisional status

Aluminium Stewardship Initiative has announced the certification of Hammerer Aluminium Industries against the Performance Standard V3 with provisional status. Hammerer Aluminium (HAI) specialises in casting and extruding aluminium, with an annual capacity of 250,000 tonnes and 125,000 tonnes,...

Hydro commissions new aluminium recycling plant in Szekesfehervar, Hungary
11 SEPT 20242MINS

Hydro commissions new aluminium recycling plant in Szekesfehervar, Hungary

On September 11, 2024, Hydro announced the commissioning of a new aluminium recycling plant in Szekesfehervar, Hungary, with an annual capacity of 90,000 tonnes. The plant will produce recycled aluminium products to meet the growing demand for secondary metals in the automotive sector. Initially,...

Constellium achieves ASI Performance Standard 3.0 Certification for facilities in Europe and North America
11 SEPT 20242MINS

Constellium achieves ASI Performance Standard 3.0 Certification for facilities in Europe and North America

Constellium, a global leader in developing, manufacturing, and recycling aluminium products and solutions, has reportedly acquired Performance Standard Certification from the Aluminium Stewardship Initiative for all its operations, including the corporate office in Paris. As per the report, the...

Italy pushes for early review of EU's 2035 combustion engine ban
10 SEPT 20245MINS

Italy pushes for early review of EU's 2035 combustion engine ban

Italian officials are calling for an early review of the European Union's plan to ban the sale of new internal combustion engine vehicles by 2035. Energy Minister Gilberto Pichetto Fratin criticised the policy as "absurd" and driven by an "ideological vision," arguing that it imposes a rigid,...

Altor announces put option, obligating Hydro to acquire 20% stake in Vianode
10 SEPT 20242MINS

Altor announces put option, obligating Hydro to acquire 20% stake in Vianode

On September 6, Altor, a private equity fund, exercised its put option, obligating Hydro to acquire an additional 20 per cent stake in Vianode. This transaction results in both Altor and Hydro holding equal 50/50 ownership stakes. Why the put option A put option is a financial contract that grants...

EU clears Baosteel, Baowu Aluminium, and Kobelco's joint venture in the automotive aluminium sector
08 SEPT 20241MINS

EU clears Baosteel, Baowu Aluminium, and Kobelco's joint venture in the automotive aluminium sector

The European Commission has recently approved a joint venture between Baoshan Iron & Steel (Baosteel), Baowu Aluminium, and Japan's Kobe Steel (Kobelco) under the EU Merger Regulation. This collaboration primarily focuses on the production of automotive aluminium sheets. In its review, the...

Gränges’ upcoming facility to produce ATEX-certified aluminium powder for AM by Q1 2025
06 SEPT 20242MINS

Gränges’ upcoming facility to produce ATEX-certified aluminium powder for AM by Q1 2025

Gränges Powder Metallurgy SAS, located in Saint-Avold, France, is investing in a new post-processing line for producing aluminium powders for Additive Manufacturing (AM). The line will feature ATEX-certified sieving, homogenising, and packing equipment within a closed workspace to ensure optimal...

“The aluminium market is global, and Asia is already a key region for aluminium production and consumption,” Vincenzo ZINNI, CEO & Maël de la BELLIERE, Co-Head of Sales and Marketing, Niche Fusina
06 SEPT 20249MINS

“The aluminium market is global, and Asia is already a key region for aluminium production and consumption,” Vincenzo ZINNI, CEO & Maël de la BELLIERE, Co-Head of Sales and Marketing, Niche Fusina

Vincenzo ZINNI, Chief Executive Officer, joined Fusina in 2022 when Dada Holding and Invitalia acquired the plant. With a background in metal trading, he manages the group and drives the team to excellence, quality, and reliability. Under his management and focus, the plant is on track to regain...

Volkswagen on cost curtail drive with plant closures amid raw material and production challenges
03 SEPT 20242MINS

Volkswagen on cost curtail drive with plant closures amid raw material and production challenges

Volkswagen Group, a German public multinational conglomerate manufacturer of passenger and commercial vehicles, is reportedly considering closing one of its large vehicle plants and one component factory in Germany as part of the ongoing cost-cutting drive at its core VW brand. Cost curtail goal...

Netherlands’s sole primary aluminium producer halts production owing to high energy costs
02 SEPT 20241MINS

Netherlands’s sole primary aluminium producer halts production owing to high energy costs

Aldel (Damco Aluminum Delfzijl Cooperatie U.A.), a Dutch aluminium maker based in Delfzijl, announced on Friday that owing to the continuous high energy costs and insufficient government support, the company has decided to suspend the remaining operations at its Farmsum facility. Reason for the...

Europe’s carbon border tax fuels green power rush amongst Indian aluminium & steel producers
02 SEPT 20244MINS

Europe’s carbon border tax fuels green power rush amongst Indian aluminium & steel producers

The push to minimise emissions is not just limited to major aluminium and steel companies, infact their suppliers are also under pressure to reduce emissions across the supply chain. Renewable energy providers report that demand has surged beyond available capacity, with upcoming production already...