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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Hydro’s Ardal plant deploys cutting-edge recycling tech, turning 25000 tonnes of scrap into record low-carbon aluminium
Norsk Hydro ASA, the world’s leading Norwegian aluminium and renewable energy company, has reportedly incorporated a recycling unit in its Ardal primary aluminium smelter in Norway. As per the report, the company has invested NOK 100 million in deploying a recycling technology, as an effort to...
Sandvik acquires Almü expanding market presence with lightweight aluminium components
Sandvik has inked a deal to acquire Almü Präzisions-Werkzeug GmbH (Almü), a renowned cutting tool and solution provider for aluminium machining in Germany. This acquisition highlights Sandvik's commitment to catering to the increasing demand for lightweight aluminium components, particularly in the...
ICRA forecasts limited impact of EU carbon tax on Indian aluminium producers
ICRA stated that the anticipated European Union carbon tax would likely minimally affect domestic primary aluminium producers. The Carbon Border Adjustment Mechanism (CBAM), analogous to a carbon tax functioning as an import duty, is slated to be enforced from January 1, 2026. ICRA Limited is...
Implications of UK's carbon policy shift on exporters facing EU carbon border taxes
The Rishi Sunak Government's decision to delay or weaken UK climate targets has stirred concerns among environmentalists and industry players alike. This shift has not only impacted the UK's carbon market but also raised potential challenges for exporters facing EU carbon border taxes. Let's delve...
Unlocking the potential of circular aluminium economy: The RecAL Project
In the bustling city of Vienna, an ambitious initiative has taken root, heralding a new dawn for sustainable production and reuse of aluminium. The RecAL (Recycling technologies for circular ALuminium) project, funded by HORIZON EUROPE, stands as a beacon of innovation in the quest for a circular...
Harnessing solar power: Ardagh Glass Packaging-Europe's sustainable initiative
Ardagh Glass Packaging-Europe (AGP-Europe), under the umbrella of Ardagh Group, unveils its latest endeavour in sustainable energy at its Irvine facility in Scotland. The installation of rooftop solar panels marks a significant stride towards reducing carbon emissions and embracing renewable...
Nemak receives ASI Performance Standard Certification for its three aluminium auto component facilities
Nemak S.A.B de C.V, popularly known as Nemak, specialised in developing and manufacturing aluminium components for e-mobility, structure and chassis, has reportedly received Aluminium Stewardship Initiative’s Performance Standard V3 (2022) Certification for its three global production facilities in...
European aluminium supply chain at risk! While domestic producers unwilling to resume operations on weak demand, bans are about to resist foreign goods
The European aluminium sector has just started adapting to the energy price shrunk due to adequate inventories and ease of power consumption restrictions. According to a report, inflation-adjusted futures prices for 2024 averaged 48 euros per megawatt hour, compared to 223 euros at the height of...
AMAG Austria invests 50 million euros in setting up an advanced aluminium surface treatment line
AMAG Austria Metall AG in Ranshofen, Austria, has reportedly invested 50 million euros in a state-of-the-art surface treatment line to strengthen its position as a leading manufacturer of high-quality aluminium surfaces. The plant is equipped with cutting-edge technologies to optimise production...
Global law firm White & Case advises Emirates Global Aluminium on the strategic acquisition of Leichtmetall
White & Case, a leading global law firm, provided legal counsel to Emirates Global Aluminium (EGA), a premium aluminium producer, in its acquisition of Leichtmetall Aluminium Gießerei Hannover GmbH (Leichtmetall), a German aluminium recycling company. EGA is set to acquire a 100 per cent stake in...
EGA solidifies its global presence with the acquisition of German recycling firm Leichtmetall
Emirates Global Aluminium (EGA), the world's leading producer of premium aluminium, officially sealed a significant deal on March 21, 2024. The aluminium giant from the GCC region has signed a binding agreement to acquire Leichtmetall, a renowned aluminium recycling company based in Germany....
Reynaers Group's Sustainable Development Goal gets certified by the UN
Reynaers Aluminium UK, a frontrunner in the aluminium industry, shines brightly as it reiterates its unwavering dedication to environmental stewardship. Garnering recognition from the esteemed United Nations for its pioneering sustainability efforts, Reynaers Group proudly wears the Sustainable...
Shanghai Unison Aluminium aims to invest $38.1 million in Bulgaria’s upcoming facility
Shanghai Unison Aluminium Products, a Chinese car parts manufacturer, is investing over 35 million euros ($38.1 million) in a new facility near Bulgaria's second-largest city, Plovdiv, as per the city authorities. The new plant, to be situated in the Trakia Economic Zone, will specialize in...
European Aluminium suggests ban on Russia-origin aluminium and not on Rusal
European Aluminium, a member-based industry association representing Europe's aluminium value chain, commands the European Union to impose sanctions on aluminium supplied from Russia and exclude EU-based companies owned by Rusal. The European Union has been considering banning aluminium of Russian...
Hydro Extrusions signs agreement to sell its fabrication unit in Kaunas
According to a report on Monday, March 18, Hydro Extrusions has signed an agreement to sell its fabrication unit in Kaunas, Lithuania, to VE Invest UAB. Hydro’s Kaunas plant primarily operates as a fabrication unit for Hydro’s extrusion plants in Sweden and Denmark. The plant has approximately 170...
Norwegian government and industry associations forge pact on revised CO2 compensation scheme
The Norwegian government, industry associations, and trade unions have agreed on the future of the Norwegian CO2 compensation scheme, which will be valid from 2024 until 2030. This agreement involves the Norwegian government, Norsk Industri, Energi & Forbundet for ledelse og teknikk,...
Volker Backs elected as the new chairman of the AD aluminium semi-finished products trade association
Volker Backs (in the picture on the right), a member of the management of Speira GmbH, is the new chairman of the AD aluminium semi-finished products trade association. He was elected by the general meeting of the aluminium semi-finished products trade association in Düsseldorf without a dissenting...
Primary aluminium production in Europe (incl. Russia) grows for the second month in Jan'24, connoting an ease of energy crisis
Primary aluminium production across Europe (including Russia) totalled 579,000 tonnes during January 2024, reflecting a rise of 3,000 tonnes from 576,000 tonnes in December 2023 and a hike of 5,000 tonnes from 574,000 tonnes in January 2023. The production improved for the second straight month as...
