Constellium has sold its ownership stake in its automotive structures joint venture in Changchun, China, along with its partner, to a Chinese automotive holding company. The Changchun facility manufactures aluminium crash management systems and other structural components for the Chinese automotive...
Aluminium producers in the Gulf are increasing overseas acquisitions and investments as they seek to strengthen supply chains, expand market access and reduce exposure to regional risks. The trend comes as geopolitical tensions in the Middle East and disruptions around the Strait of Hormuz...
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SurTec, a company that is an expert in chemical surface finishing solutions, has recently acquired Aluservice, an Italy-based company that focuses on research and development, as well as the distribution of chemical specialities for surface treatment of alloys made of aluminium, zinc, steel, and...
According to the latest update, Norsk Hydro has completed the transaction of US$1.11 billion with Glencore for the sale of 30 per cent interest in Alunorte alumina refinery and 5 per cent interest in Brazilian bauxite producer and exporter Mineracão Rio do Norte (MRN). The transaction also includes...
South African billionaire family, also known as the Oppenheimer family has bought a majority position in GZ Industries, one of Nigeria's leading aluminium can manufacturers. Jonathan Oppenheimer, the son of Africa's second wealthiest individual, Nicky Oppenheimer, successfully acquired complete...
According to an update on Monday, November 20, Hydro and Glencore’s partnership over Alunorte and Mineracão Rio do Norte (MRN) acquisition has received unconditional approval from relevant competition authorities, including Brazil, China, Germany, and Austria. There remain no regulatory conditions...
One of the most significant aluminium beverage can producers in the USA, Ball Corporation, has recently taken over a warehousing and manufacturing property near Jefferson State Community College in Pinson. This industrial zone situated at 124 Carson Road would aid Ball in augmenting its capacity. A...
On November 10th, Huilong Aluminum Group announced that to implement the company's development strategy further, optimise the company's organisational management system, and improve operational efficiency, the company plans to acquire 27 per cent of the equity of its holding subsidiary Anhui...
Tower Alloys Industries Limited, a Nigeria-based producer of a wide range of quality aluminium cookware, roofing, and extrusion profiles, has reportedly increased its shareholding in Aluminum Extrusion Industries Plc to 67.55 per cent by recently acquiring a majority stake in the company. Aluminium...
Exlabesa has officially completed its acquisition of Flandria Aluminium, a French company with expertise in extrusion, machining, surface treatment, and aluminium profile recycling. The agreement, which has successfully passed the necessary legal scrutiny by relevant authorities and obtained...
On October 24, 2023, the Russian aluminium giant and one of the world's leading low-carbon aluminium producers, Rusal, disclosed the news to acquire a 30 per cent equity stake in Hebei Wenfeng New Materials (HWNM), a Chinese alumina producer, for $261.6 million (RMB 1.91 billion). However, as...
Metra S.p.A., the Italy-based manufacturer of vertically-integrated complex extruded aluminium profiles, has reportedly completed the acquisition of Extruded Aluminium Corp. (EAC), Michigan-based recycled-content aluminium producer, and its affiliated company Belding Machinery and Equipment Leasing...
This week, the downstream segment has seen increasing activities with Epsilon Group, a Mumbai-based company, acquiring Johnson Matthey's lithium-ion phosphate cathode active material technology centre in Moosburg, Germany. The financial details of this acquisition have not yet been disclosed....
La Bouche Rouge, the eco-luxury beauty brand that spearheaded the movement to eliminate single-use plastics from cosmetic products, has recently entered the perfume market with a range of five natural and upcycled fragrances. These fragrances come in glass bottles that can be refilled with 100%...
On September 4, 2023, the leading full-service supplier of rolled and extruded aluminium solutions for the global automotive market, Constellium, completed the sale of its three soft alloy extrusion facilities in Landau, Crailsheim, and Burg in Germany to Vaessen Aluminium for a total cash amount...
Aluminium cans are the most widely accepted sustainable packaging modules found on the planet, revered for their 100% recyclability and green standards. Beverage cans are constituted out of the purest form of aluminium, which means recycling them results in no or very little material loss, inducing...
Crown Holdings, Inc. has successfully acquired Helvetia Packaging AG, an aluminium beverage can and end manufacturing facility situated in Saarlouis, Germany. With this acquisition, Crown has gained access to Helvetia's existing clientele and associated contracts, in addition to taking on board...
Epsilon Group, headquarters in Mumbai-India, supplies coal tar derivatives to key industries such as aluminium, graphite, carbon black, and speciality chemicals and is a manufacturer of battery material solutions, producing high-calibre, innovative, and environmentally conscious lithium-ion battery...
RHI Magnesita has announced the acquisition of the Preiss-Daimler Group's refractory businesses in Germany, the Czech Republic, and Slovenia for roughly €45 million in cash. The acquisition would strengthen RHI Magnesita's capabilities in alumina-based refractories and its footprint in process...
Greenback Recycling Technologies Ltd., a UK-based chemical recycler, has acquired Enval Ltd., the company behind the recycling technology used in the "first-of-a-kind" facility in southern Mexico. The hard-to-recycle plastic-aluminum laminates processing plant, which came online in Cuautla on May...
