Globeflex Capital L P has acquired a new position in Kaiser Aluminum Corporation, buying 8,903 shares valued at about USD 1.74 million, according to a filing with the US Securities and Exchange Commission. The investment gave Globeflex an approximately 0.05 per cent stake in the US aluminium...
An employee at Kaiser Aluminum’s Kalamazoo facility passed away following a workplace incident, prompting an investigation by the Michigan Occupational Safety and Health Administration (MIOSHA). According to a MIOSHA report, the 43-year-old maintenance technician was welding inside a pneumatically...
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One of the most reputable institutional investors in the US, Yousif Capital Management LLC, has made a significant move towards reorganising its portfolio. According to the organisation's most recent filing with the Securities and Exchange Commission (SEC), during the fourth quarter (Q4), it...
One of the leading aluminium industry firms in Sri Lanka, Alumex PLC, has proclaimed the commencement of its flagship loyalty promotion, "Divikavuluwa". The region's leading producer of aluminium extrusions is keen to launch community-based initiatives to strengthen the nation's aluminium...
Nuveen Asset Management LLC, an investment advisory solutions provider, quit 892 shares of Kaiser Aluminum Co. during the third quarter of 2022, according to the company’s most recent filing of Form 13F with the Securities & Exchange Commission. Nuveen owned 103,463 shares of Kaiser during the...
This week noted some crucial developments in the aluminium downstream industry, from Craftsman Automation Ltd.’s investment announcement of INR 3.75 billion to purchase a 76 per cent share in DR Axion India Pvt to Kaiser Aluminium’s 2021 Sustainability Report. Besides, Romanian aluminium components...
Last week, Tennessee-based Kaiser Aluminium posted its 2021 Sustainability Report, in which the company vividly elaborated its environmental, social, and governance programming policy, stating advancements. The report reflects upon Kaiser Aluminium’s persistent efforts to enlarge its operations in...
AMAG Austria Metall AG, the largest company in the Austrian Aluminium sector, has claimed an affirmative third quarter, with a Y-o-Y growth of 47 per cent, the first time in the company's history, generating an operational result (EBITDA) of almost EUR 200 million. The American producer of...
Kaiser Aluminum Corporation, an American producer of semi-fabricated speciality aluminium products, published its quarterly and consolidated nine-month results of 2022 last week, wherein it reported net sales for Q3 at $749 million compared to $954 million in Q2 and $751 million in Q3 2021. That...
Kaiser Aluminium recently faced a mishap at their Sherman plant in Texas, where a probable furnace explosion had caused a fire damaging instruments at the company's disposal. Due to the unexpected event, Franklin-based Kaiser Aluminium is now preparing for a production cut in making their patent...
The downstream sector has seen major advancements this week with Sistem Teknik installing a homogenising furnace at the former Alcoa smelter at Portoscuso, Italy which is presently owned by Sider Alloy Italia. This will enhance the billet forging process due to the incorporated electric heater...
As per the report published recently, Swiss National Bank raised its share in Kaiser Aluminum Company, an American value-added aluminium producer, by 7.4 per cent during the first quarter of 2022. The institutional investor bought an additional 2,600 shares of Kaiser’s stocks, totalling 37,500...
Texas Permanent School Fund lowered its ownership quota by 2.1 per cent in Kaiser Aluminium Co. during the primary quarter, as was reported by the company in its most currently filled 13F reports with the SEC. The major investor sold 241 shares during this entire period, owning 11,246 shares of...
The downstream segment of the aluminium industry derives its major raw material from the primary sector and is considered the most vital part of the industry. This week, the global aluminium downstream segment witnessed limited but strong events. To begin with, on June 29, Hindalco Industries...
Kaiser Aluminum Warrick, one of the biggest producers of aluminium coated coil for the package business in North America, is planning to expand its campus to house a new row coat line in Newburgh as part of an estimated $200 million investment in the business. The main aim of this expansion is to...
Kaiser Aluminum Corporation (NASDAQ:KALU) stated today that its Board of Directors has declared a quarterly cash dividend of $0.77 per share, up 7% from the previous quarter's payout. The dividend will be paid on February 15, 2022 to stockholders who were on the books on January 24, 2022 at the...
The purchase of the Warrick, Missouri, smelter and rolling mills by California-based Kaiser Aluminum is mentioned as a positive element on its sustainability scorecard in the company's 2020 sustainability report. “Our Warrick rolling mill is one of only four dedicated rolling mills in North America...
Can Manufacturers Institute’s (CMI) beverage can manufacturers and aluminum can sheet producer members are targeting to achieve the United States ambitious recycling rates including a 70 per cent recycling rate by 2030. The objective is to improve the circularity of aluminum beverage can, while...
Kaiser Aluminum, an American producer of superior aluminum mill products, has revealed its third-quarter results mentioning net sales of $751 million, with value-added revenue of $305 million. The data indicates that the company’s revenue decreased quarter-on quarter by $13 million despite the hike...
On September 7, 2021, the Board of Directors in Kaiser Aluminum Corporation announced that Michael C. Arnold and Kevin W. Williams are the new members of the board. They will be serving as Independent Directors. Prior to joining Kaiser Aluminum, Mr. Arnold served as the President and Chief...
