NewsEuropePage 71

Grow with
AL Circle

KNOW MORE
AMAG Austria posts record-breaking revenue and earnings for 2022, benefitting from attractive aluminium prices
20 FEB 20232MINS

AMAG Austria posts record-breaking revenue and earnings for 2022, benefitting from attractive aluminium prices

AMAG Austria Metal AG, the biggest company in the Austrian Aluminium Industry sector, has achieved a record annual result for 2022, exceeding the previous year’s mark. The company’s 2022 revenue superseded the former year’s EUR 1,259.4 million by registering a growth of 37.1 per cent. In 2022, AMAG...

Now That You’re Asking Where Our Supplies Come From, We Should Talk!
20 FEB 20235MINS

Now That You’re Asking Where Our Supplies Come From, We Should Talk!

As the world faces a climate crisis amidst a shortfall of energy supplies and critical metals, difficult decisions are being made to meet growing supply gaps without risking new dependencies on unsustainable producers or compromising for geopolitical factors. Best resource practices shouldn’t be...

ElvalHalcor secured 2nd place in the "Best Company" category at the "Business Awards HRIMA 2022”
16 FEB 20232MINS

ElvalHalcor secured 2nd place in the "Best Company" category at the "Business Awards HRIMA 2022”

On February 10, 2023, the only Greek producer of flat-rolled aluminium products , ElvalHalcor, received 2nd place in the "Best Company" category award during the Award Ceremony of the "Business Awards HRIMA 2022". As a result, it has reaffirmed its distinct position among companies that support the...

Bharat Forge reports 81% decline in net profit for Q3 FY23; overseas performance remains sluggish
16 FEB 20232MINS

Bharat Forge reports 81% decline in net profit for Q3 FY23; overseas performance remains sluggish

The Indian multi-national company involved in the forging and automotive components manufacturing, Bharat Forge's overseas business posted an EBITDA loss of INR 62 crore in the December quarter (Q3FY23) on new product issues related to the capacity increase of aluminium forging capacity in Germany...

Global aluminium aerosol cans shipments by AEROBAL members grow 6.8% in 2022
15 FEB 20233MINS

Global aluminium aerosol cans shipments by AEROBAL members grow 6.8% in 2022

Global aluminium aerosol cans shipments by AEROBAL members have recorded an increase of 6.8 per cent for 2022 to nearly 6 million units. AEROBAL is an international organisation representing manufacturers of aluminium aerosol cans. According to AEROBAL, the growth in shipments was mainly due to the...

DADA Holdings acquires majority stake in Italy’s Niche Fusina Rolled Products
13 FEB 20232MINS

DADA Holdings acquires majority stake in Italy’s Niche Fusina Rolled Products

The partners of DADA Holdings, LLC, announce that their affiliate, Niche European Holdings, LLC, has acquired a controlling stake in Niche Fusina Rolled Products S.r.l., which operates an aluminium rolling mill and related facilities in Fusina, Italy, just outside of Venice. Invitalia, the Italian...

Nordmann UK & Toyal Europe come together for aluminium effect pigments distribution in the UK and Irish markets
13 FEB 20231MINS

Nordmann UK & Toyal Europe come together for aluminium effect pigments distribution in the UK and Irish markets

From January 2023, the exclusive partnership between Nordmann UK and Toyal Europe for aluminium effect pigments distribution in the UK and Irish markets came into effect. The Toyal Group, an international production and supply chain with its headquarters in Japan, established by Toyo Aluminium...

BorgWarner receives aluminium cooling plates supply deal from German automaker
13 FEB 20232MINS

BorgWarner receives aluminium cooling plates supply deal from German automaker

BorgWarner has declared recently that the company will supply a prime order of aluminium cooling plates used in battery making to a leading German automobile provider. This delivery of aluminium cooling plates would be done to the German carmaker's European and US manufacturing units, where they'll...

Aludium achieves ASI Chain of Custody Standard VI Certification for its Spanish facilities
11 FEB 20232MINS

Aludium achieves ASI Chain of Custody Standard VI Certification for its Spanish facilities

Aluminium Stewardship Initiative (ASI) announced that Aludium's plant in Alicante and Amorebieta (Spain) was successfully certified against the ASI Chain of Custody Standard V1. These facilities just received re-certification after achieving ASI Performance Standard Certification in December 2019....

Primary aluminium output in Russia and Eastern Europe records a 2% Y-o-Y fall during 4QCY2022
08 FEB 20232MINS

Primary aluminium output in Russia and Eastern Europe records a 2% Y-o-Y fall during 4QCY2022

According to the International Aluminium Institute, primary aluminium production in Russia and Eastern Europe amounted to 343,000 tonnes during December 2022, registering a monthly hike of 10,000 tonnes or 3 per cent from 333,000 tonnes but a yearly decline of 8,000 tonnes or 2.3 per cent from...

Hydro to start producing remelt aluminium scrap ingot in Wrexham, the project to create 30 new jobs
08 FEB 20232MINS

Hydro to start producing remelt aluminium scrap ingot in Wrexham, the project to create 30 new jobs

According to a recent report, Hydro has planned to initiate the production of remelt aluminium scrap ingot at Wrexham plant, UK, to increase the recycling of post-consumer scrap. This project will take the company closer to its sustainability drive by enabling it to offer more low-carbon aluminium...

Altech Chemicals Ltd. releases updates on its 10,000 tpa Silumina Anodes TM plant in Saxony
08 FEB 20233MINS

Altech Chemicals Ltd. releases updates on its 10,000 tpa Silumina Anodes TM plant in Saxony

Altech Chemicals Limited has spoken about the advancements on its Silumina Anodes TM pilot plant project in Saxony, Germany, also citing regular details about the Definitive Feasibility Study that was conducted before the optimisation of the 10,000 tpa Silumina Anodes TM pilot plant. Recently, the...

Europe’s alumina production slumps 21% Y-o-Y to 8.2 Mt in 2022, led by a sluggish output in H2
06 FEB 20232MINS

Europe’s alumina production slumps 21% Y-o-Y to 8.2 Mt in 2022, led by a sluggish output in H2

According to the International Aluminium Institute, alumina production in Europe (incl. Russia) totalled 8.219 million tonnes during 2022, registering a downfall of 20.97 per cent year-on-year from 10.4 million tonnes. In the fourth quarter of 2022, Europe’s aluminium oxide output amounted to 1.722...

Alcoa to resume operations at its San Ciprián aluminium smelter by 2024
05 FEB 20232MINS

Alcoa to resume operations at its San Ciprián aluminium smelter by 2024

The global industry leader in aluminium, alumina and bauxite, Alcoa Corporation, announced that most of the workers at its San Ciprián complex in Spain had consented an upgraded plan to reactivate the aluminium smelter in 2024. Alcoa announced a two-year hiatus in December 2021 to focus on...

Constellium sells its Ussel foundry to Noe Industries
04 FEB 20231MINS

Constellium sells its Ussel foundry to Noe Industries

On February 3, 2023, Constellium announced the completion of the sale of its Ussel foundry to French Investment Holding Noe Industries. Among its many markets and applications, Constellium develops innovative and value-added aluminium products for aerospace, automotive, and packaging. Constellium...

Kuusakoski Group invests 25 M€ to ramp up the recycling capacity of non-ferrous metals, including aluminium
02 FEB 20232MINS

Kuusakoski Group invests 25 M€ to ramp up the recycling capacity of non-ferrous metals, including aluminium

Kuusakoski Group Oy, a recycling pioneer and the only recycled aluminium producer in Finland, has reportedly invested 25 M€ in a new production line at the recycling plant in Heinola. This project will ramp up the company’s recycling capacity for non-ferrous metals, including aluminium. The demand...

Key highlights from the global aluminium value chain, January 2023
02 FEB 20234MINS

Key highlights from the global aluminium value chain, January 2023

The year 2023 started with a lot of hope keeping behind the fear of the pandemic and with an anticipation that the geopolitical crisis will conclude; however, it seems challenging to happen soon. In January 2023, the aluminium industry witnessed a lot of events, out of which the most difficult was...

Recycled aluminium producer Stena Aluminium joins the Polestar 0 project
02 FEB 20232MINS

Recycled aluminium producer Stena Aluminium joins the Polestar 0 project

The Swedish electric performance car company, Polestar, has signed up with Stena Aluminium for the Polestar 0 project, which aims to create a genuinely climate-neutral car by 2030. Stena Aluminium in Älmhult, Sweden, is the leading aluminium producer using recycled raw materials. However, other...