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Constellium bags one more jet contract; commits multi-year flat-rolled aluminium supply to Daher
11 JAN 20232MINS

Constellium bags one more jet contract; commits multi-year flat-rolled aluminium supply to Daher

Constellium, a global leader in the development, manufacturing, and recycling of aluminium products, will reportedly supply a wide range of aluminium flat-rolled products to Daher, a French aircraft manufacturer. The news came after Constellium announced on January 10 that it entered into a...

Slovak aluminium producer Slovalco to shut down after 70 years in business
10 JAN 20233MINS

Slovak aluminium producer Slovalco to shut down after 70 years in business

Slovakia's sole aluminium producer, Slovalco, is closing its smelters after 70 years of operation. Slovalco, based in the central Slovak town of Žiar nad Hronom, stated that after decades of operation, it could no longer afford to operate its last ten remaining furnaces. However, Slovakia will be...

Europe’s alumina production records a continued M-o-M fall by 3% in Nov’22, indicating a bearish Q4 output
06 JAN 20231MINS

Europe’s alumina production records a continued M-o-M fall by 3% in Nov’22, indicating a bearish Q4 output

Alumina production in Europe (incl. Russia) amounted to 577,000 tonnes in November 2022, bringing the total output in eleven months of 2022 to 7.668 million tonnes, found the International Aluminium Institute. The production in November edged 2.86 per cent or 17,000 tonnes lower month-on-month than...

Romanian aluminium components manufacturer Altur initiates insolvency proceedings
05 JAN 20231MINS

Romanian aluminium components manufacturer Altur initiates insolvency proceedings

The Romania-based aluminium components manufacturer of cars, Altur's board of directors, stated it authorized the filing of insolvency proceedings and intended to restructure the company's operations. On January 3, 2022, the company said during the Bucharest Stock Exchange filing that it applied to...

Aluminium Solutions Group welcomes Edouard Guinotte as President and Chief Executive Officer
03 JAN 20231MINS

Aluminium Solutions Group welcomes Edouard Guinotte as President and Chief Executive Officer

On Tuesday, January 3, OpenGate Capital, a global private equity firm, announced the joining of Mr Edouard Guinotte as the President and Chief Executive Officer of Aluminium Solutions Group (ASG). ASG is a brand-new organisation established in September 2022 through the acquisition of OpenGate...

Primary Aluminium weekly recap: Talks to reopen Alcoa Intalco smelter go south due to high cost of power; Rusal renews agreement with En+ Group subsidiary KraMZ until 2023
31 DEC 20224MINS

Primary Aluminium weekly recap: Talks to reopen Alcoa Intalco smelter go south due to high cost of power; Rusal renews agreement with En+ Group subsidiary KraMZ until 2023

The global primary aluminium industry is moving towards a more sustainable and greener environment. To begin with, EU signed the world's first carbon tariff agreement. According to the sources, the carbon border adjustment mechanism (CBAM) will protect the European industry against importing less...

Hydro invests in green transitions and Norwegian aluminium smelters
30 DEC 20223MINS

Hydro invests in green transitions and Norwegian aluminium smelters

Investing in Norwegian aluminium smelters will enable Hydro to take the lead in climate-efficient aluminium solutions through continued industrial development and green transition initiatives. This will extend the lifespan of the aluminium smelters and will convert the products to low-carbon...

Aquarius launches aluminium can collection campaign in Spain with Crown EMEA
26 DEC 20223MINS

Aquarius launches aluminium can collection campaign in Spain with Crown EMEA

Aquarius, a sports drink manufactured by Coca-Cola, collaborated with Crown Bevcan EMEA (Europe and Middle East) or Crown Emirates Company Limited and its dedicated print and reprographics studio to launch an innovative and engaging promotional campaign titled "Recover what moves you!," in Spain....

EU signs the world's first carbon tariff agreement; initial phase includes aluminium imports
26 DEC 20223MINS

EU signs the world's first carbon tariff agreement; initial phase includes aluminium imports

The professed carbon border adjustment mechanism (CBAM) will safeguard the European industry from importing less expensive, more polluting goods by impersonating the domestic carbon pricing in the European Union. However, it will start with aluminium imports, among others like iron and steel,...

Primary aluminium production de-escalates across Europe during November 2022
25 DEC 20221MINS

Primary aluminium production de-escalates across Europe during November 2022

In Russia & Eastern Europe, primary aluminium production amounted to 333,000 tonnes during November 2022, which reflected a month-on-month decline of 11,000 tonnes or 3.20 per cent, found the International Aluminium Institute. In October, the output was 344,000 tonnes, up by 3.61 per cent from...

Croatia's Brodosplit shipyard begins constructing self-driven crewless aluminium ship
25 DEC 20221MINS

Croatia's Brodosplit shipyard begins constructing self-driven crewless aluminium ship

The largest shipyard in Croatia, Brodosplit, announced its initiation of building a self-propelled crewless ship focused primarily on firefighting and preventing sea pollution in maritime accidents and rescue operations. On December 22, 2022, Brodosplit stated, "The hull and superstructure will be...

Gränges signs arrangements for new credit facilities and refinances existing debt
23 DEC 20222MINS

Gränges signs arrangements for new credit facilities and refinances existing debt

The innovative engineering company that has transformed the industry for more than 125 years, Gränges has entered two new credit facility agreements and refinanced part of the debt portfolio. A three-year term loan for USD 100 million and a three-year term loan for SEK 3,500 million are included in...

Germany's €28 billion renewable energy scheme receives EU approval, a step to eliminate GHG emissions by 2045
23 DEC 20222MINS

Germany's €28 billion renewable energy scheme receives EU approval, a step to eliminate GHG emissions by 2045

The German government's €28 billion ($29.69 billion) support programme for renewable energy, which aims to increase the use of wind and solar power quickly, was announced as having been approved by the European Commission. The policy, which will replace an existing renewables support scheme, will...

Hydro’s post-consumer recycled aluminium capacity to expand, with Lucé plant producing Hydro CIRCAL
22 DEC 20222MINS

Hydro’s post-consumer recycled aluminium capacity to expand, with Lucé plant producing Hydro CIRCAL

Hydro's aluminium recycling plant in Lucé has reportedly been issued DNV certification to produce Hydro CIRCAL. It is Hydro's first plant in France to produce Hydro CIRCAL, a low-carbon recycled aluminium product containing at least 75 per cent of post-consumer, end-of-life scrap. Expanding Hydro...

3XN finishes its first aluminium-clad hotel in France overlooking La Défense
22 DEC 20222MINS

3XN finishes its first aluminium-clad hotel in France overlooking La Défense

3XN, a Danish architecture company based in Copenhagen, completed its first project in France, the InDéfense office and Hôtel OKKO situated side by side between the railroad and a road in the Les Groues neighbourhood of Nanterre, overlooking the La Défense business area. The building had been...

Architectural Aluminium incurs a loss of €988,000, high court appoints provisional liquidators to protect its assets
20 DEC 20223MINS

Architectural Aluminium incurs a loss of €988,000, high court appoints provisional liquidators to protect its assets

The Architectural Aluminium Ltd., a construction company that erected extensive cladding on many well-known industrial and commercial structures, including Terminal 2 at Dublin Airport, has been appointed joint provisional liquidators by the High Court. The construction company based in Dublin's...

Downstream weekly recap: Norsk Hydro invests in a new automotive press in Hungary; Wight Aluminium attributes strong workforce for its 50 years of longevity
17 DEC 20223MINS

Downstream weekly recap: Norsk Hydro invests in a new automotive press in Hungary; Wight Aluminium attributes strong workforce for its 50 years of longevity

Guangdong Hoshion Aluminium, a Chinese company, specialising in the design, development, manufacture, and sale of industrial aluminium extrusion products, signed a strategic partnership agreement with Contemporary Amperex Technology (CATL) to conduct extensive collaboration in the area of...

Inflation forces Norsk Hydro to raise capital expenditures and cut spending
15 DEC 20222MINS

Inflation forces Norsk Hydro to raise capital expenditures and cut spending

On December 15, 2022, while distributing dividend Norsk Hydro, the Norwegian aluminium maker, stated that it would slash more costs and raise its capital expenditure (Capex) in 2023. On the plus side, Hydro anticipated rising industrial demand for aluminium produced with fewer emissions and reduced...