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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Vibrantz Technologies, Inc., a leading global technology leader in colour solutions, functional coatings, and speciality minerals, announced on August 30 that it acquired Micro Abrasives Corporation, a Westfield, Massachusetts-based speciality alumina manufacturer. Micro Abrasives specialises in...
On August 27, 2024, the technology leader in electrification and automation, ABB, announced an agreement to acquire Födisch Group, a leading developer of advanced measurement and analytical solutions for the energy and industrial sectors. This acquisition will enhance ABB's offerings in continuous...
According to a recent report, Emirates Global Aluminium (EGA) will most likely obtain a major stake in Spectro Alloys Corporation, the world’s leading recycling company headquartered in the United States, subject to regulatory approvals. The news came after EGA and Spectro Alloys signed an equity...
Walter has acquired PDQ Workholding LLC (PDQ), a Columbia City, IN-based workholding fixtures and tooling specialist. This strategic move bolsters Walter’s portfolio, particularly in workholding products, catering primarily to customers across the Americas. The acquisition aligns with Walter’s...
Pea Ridge Recycling has announced its recent strategic acquisition of Pontotoc Aluminum Recycling in Mississippi. This new addition, now operating under the banner of Pea Ridge Metals, is situated at the corner of West Reynolds Street and South Columbia Street. The acquisition marks a significant...
Gebhart Holdings, Metal Source's parent company, has announced the acquisition of Imperial Aluminum's assets in Scottsboro, Alabama. This strategic purchase marks Metal Source's first location outside Indiana, enhancing its capabilities and market reach. However, the financial details of the...
Alcoa, a Pittsburgh-based industrial corporation and the global industry leader in bauxite, alumina, and aluminium products, has announced the successful completion of its acquisition of Alumina Limited. This strategic move enhances Alcoa's position as a leading pure-play upstream aluminium...
Ukraine's State Property Fund has announced an auction scheduled for August 6 to sell its 97.5458 per cent stake in JSC Zaporozhye Aluminium Plant. The auction will be conducted on the Prozorro.Sales electronic trading platform, with a starting price set at nearly UAH 151.9 million ($3.7 million)....
Arrow Minerals Limited is pleased to announce a significant step forward in its expansion strategy with the entry into a Share Purchase Option Agreement (the Agreement) to acquire the Niagara Bauxite Project situated in Guinea. Guinea is currently the world's largest exporter of high-grade,...
On July 24, RHI Magnesita, the leading global supplier of high-grade refractory products, systems and solutions, announced its unaudited results for the six months ended 30 June 2024. RHI Magnesita delivered a resilient set of results against a challenging market backdrop which was largely...
Note: This is an AI-generated image for representational purpose On July 17, Alcoa Corporation reported its consolidated results for the second quarter of 2024, ended June 30, following a preliminary report published in the previous week. The company declared that its revenue in Q2 stood at $2.906...
On July 16, 2024, Alcoa Corporation announced the preliminary voting results of its Special Meeting of Stockholders, at which the stockholders approved the Company's issuance of shares in connection with the proposed acquisition of Alumina Limited ("Alumina") by way of a scheme of arrangement...
PyroGenesis Canada Inc., a high-tech firm known for its innovative plasma processes and sustainable solutions to reduce greenhouse gases (GHG) and mitigate environmental pollutants, has announced the acquisition of full ownership of Drosrite International, a private company based in the United...
Trulite Glass & Aluminium Solutions LLC has acquired and merged with American Insulated Glass (AIG) to create a new era in the architectural glass and aluminium fabrication industry. This acquisition solidifies Trulite's position as one of North America's leading players in the market. Financial...
On June 24, 2024, India-based Craftsman Automation Limited announced signing a Memorandum of Understanding (MoU) with Sunbeam Lightweighting Solutions Private Limited and Kedaara Capital Fund II LLP. This MoU revealed in a recent stock exchange filing, outlines Craftsman Automation's plan to...
On June 24, 2024, KPS Capital Partners, LP announced an agreement for its portfolio firm, Eviosys, to be acquired by Sonoco Products Company, a leading global entity in sustainable packaging headquartered in Hartsville, South Carolina. The acquisition is valued at €3.615 billion (approximately $3.9...
Nestor Nestor Diculescu Kingston Petersen (NNDKP) played a pivotal role in the recent acquisition of Alu Menziken Group by Inner Mongolia Mengtai Group Co., Ltd. The Chinese conglomerate purchased Alu Menziken Group from Montana Aerospace AG. NNDKP provided expert legal counsel within the Romanian...
EBNER GROUP, a global leader in melting, casting, and heat treatment solutions for the aluminium industry with the companies EBNER, ETS, EED, Gautschi, TPS, Hazelett, HPI and GNA have increased their stake in GNA alutech inc. to 100 per cent. GNA is a leading provider of aluminium melting and...
