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Rico Auto secures land for strategic expansion amidst challenging financial condition
29 MAY 20242MINS

Rico Auto secures land for strategic expansion amidst challenging financial condition

Rico Auto Industries, a distinguished Gurugram-based supplier of machined components and assemblies, specialising in aluminium and ferrous materials, is making strategic moves to bolster its future growth. Recently, the company secured a leasehold of 12.31 acres at the SIPCOT Industrial Park in...

AMAG to double its rooftop photovoltaic plant capacity to enhance clean energy output for Ranshofen aluminium site
27 MAY 20242MINS

AMAG to double its rooftop photovoltaic plant capacity to enhance clean energy output for Ranshofen aluminium site

AMAG Austria Metall AG, the biggest company in the Austrian aluminium industry, is reportedly expanding its rooftop photovoltaic plant to double with the help of Energie AG, a modern and efficient energy and service group, in a bid to make a significant shift from using natural gas to green...

Wheels India allocates INR 200 crore expenditure for Financial Year 2025
24 MAY 20242MINS

Wheels India allocates INR 200 crore expenditure for Financial Year 2025

Wheels India has earmarked a capital budget of INR 200 crore for the current financial year. This significant investment is aimed at enhancing their offload tractor, fabrication, and machining capacity for cast aluminium sections used in windmill castings. This move highlights Wheels India's...

Sineng Electric drives India’s green future with aluminium-powered solar technology
24 MAY 20242MINS

Sineng Electric drives India’s green future with aluminium-powered solar technology

Sineng Electric's pivotal contribution to the 641MW solar project in Gujarat, part of the monumental 30GW Khavda Solar Park, heralds a new era in India's renewable energy sector. Expected to power 16.1 million homes, this project will become the world's largest renewable energy installation. By...

Climate Commitment Act fuels Kaiser Aluminum's $9.6 million boiler upgrade
23 MAY 20242MINS

Climate Commitment Act fuels Kaiser Aluminum's $9.6 million boiler upgrade

The state of Washington has allocated nearly $5 million to the Kaiser Aluminum plant in Spokane Valley to aid in replacing two outdated steam boilers. This initiative, under the Climate Commitment Act, aims to substantially reduce the plant's greenhouse gas emissions, marking a noteworthy step in...

CSRC greenlights Ningbo Xusheng Group's convertible bonds for Shanghai Stock Exchange listing
23 MAY 20242MINS

CSRC greenlights Ningbo Xusheng Group's convertible bonds for Shanghai Stock Exchange listing

On May 11th, a significant development took place as the China Securities Regulatory Commission (CSRC) granted approval for Ningbo Xusheng Group Co., Ltd.'s registration of convertible bonds with an undisclosed issuer. This endorsement by the CSRC paves the way for Xusheng Group's convertible bonds...

Lightweight aluminium parts manufacturer SAG México receives orders worth 30 million euros
22 MAY 20243MINS

Lightweight aluminium parts manufacturer SAG México receives orders worth 30 million euros

SAG México, a prominent Tier 1 supplier of lightweight components for original equipment manufacturers (OEMs) in North America, operates two advanced production facilities in Tlalnepantla and Monterrey, employing over 470 skilled professionals. In response to rising demand, SAG México has secured...

China set to assist Tajikistan in modernising Tajik Aluminum Company
21 MAY 20243MINS

China set to assist Tajikistan in modernising Tajik Aluminum Company

Eurasianet reported on May 20 that China is set to assist Tajikistan in completing several major infrastructure projects, including modernising the Tajik Aluminum Company (TALCO), the country's largest industrial enterprise. TALCO has recently increased its output, producing over 66,000 tonnes of...

Alpha HPA officially commences construction of the world’s largest single-site alumina refinery in Gladstone
20 MAY 20242MINS

Alpha HPA officially commences construction of the world’s largest single-site alumina refinery in Gladstone

Alpha HPA is officially set to establish the world's largest single-site high-purity alumina products refinery in Gladstone, Queensland. The company has made a final investment decision (FID) on Stage Two of its 'HPA First' project, following the successful construction, commissioning, and 16-month...

Al Taiseer Group's Talco Industrial Company plans IPO on Tadawul
17 MAY 20241MINS

Al Taiseer Group's Talco Industrial Company plans IPO on Tadawul

Saudi Arabia's prominent aluminium producer, Al Taiseer Group's Talco Industrial Company (Talco), is poised to take a significant step by listing a 30% stake, equivalent to 12 million shares, on the Tadawul stock exchange. This strategic move underlines Talco's growth ambitions and its pivotal role...

saperatec launches a new facility in Dessau focusing on secondary aluminium production from composite packaging waste
17 MAY 20243MINS

saperatec launches a new facility in Dessau focusing on secondary aluminium production from composite packaging waste

The Germany-based recycling solution provider saperatec has officially inaugurated its facility in Dessau, Saxony-Anhalt, a strategic location for the production of secondary plastic and aluminium from composite packaging waste. The opening ceremony was attended by Sven Schulze, the Minister for...

Andritz launches state-of-the-art refrigerator recycling line at Derichebourg España
16 MAY 20242MINS

Andritz launches state-of-the-art refrigerator recycling line at Derichebourg España

International technology group Andritz has initiated a comprehensive refrigerator recycling line at the Derichebourg España facility in Madrid. This innovative plant, designed to process up to 120 refrigerators containing CFCs and VHC (pentane) per hour, stands as a testament to advanced recycling...

Leading the way: Alcoa Australia's Forest Research Centre takes root
16 MAY 20243MINS

Leading the way: Alcoa Australia's Forest Research Centre takes root

Alcoa Australia is strengthening its enduring dedication to safeguarding, revitalising, and disseminating knowledge about the forest by establishing a dedicated research centre. Over the next five years, the Forest Research Centre will receive $9.9 million in research funding from Alcoa, in...

Oslo welcomes its newest flagship: Trosten floating sauna featuring Hydro CIRCAL recycled aluminium
15 MAY 20243MINS

Oslo welcomes its newest flagship: Trosten floating sauna featuring Hydro CIRCAL recycled aluminium

On May 15, 2024, Oslo's burgeoning fleet of floating saunas welcomed its newest flagship, Trosten, featuring a universal design aimed at inclusivity and an innovative façade crafted from Hydro CIRCAL. Crafted using Hydro CIRCAL, a revolutionary material comprising a minimum of 75 per cent recycled...

Sinan Technology plans to setup a new aluminium alloy parts factory in Thailand
14 MAY 20241MINS

Sinan Technology plans to setup a new aluminium alloy parts factory in Thailand

Sinan Technology's recent announcement about establishing a joint venture in Thailand reflects its strategic initiative to expand its global presence and enhance its capacity to serve international markets. Specialising in the research, development, production, and sales of aluminium alloy parts...

PA Resources' year-on-year net profit escalates 51 times by March 2024, setting new benchmarks
14 MAY 20242MINS

PA Resources' year-on-year net profit escalates 51 times by March 2024, setting new benchmarks

In a stunning turn of events, PA Resources Bhd has astounded the market with its exponential growth, particularly evident in its net profit for the third financial quarter that ended March 31, 2024 (3QFY2024). The company's net profit has soared by an astonishing 51 times year-on-year, primarily...

DTE celebrates growth with expansion into new HQ and 22% staff growth
13 MAY 20243MINS

DTE celebrates growth with expansion into new HQ and 22% staff growth

DTE, the market-leading Icelandic chemical analysis innovator, announces its relocation into a new state-of-the-art headquarters on the outskirts of Reykjavik, marking a significant new growth phase. The company, a deep-tech innovator in the real-time analysis of molten metals, can now rely on new...

Innovated Aluminium Technology reports a 60% boost in efficiency with an installation of two cutting-edge machines
13 MAY 20242MINS

Innovated Aluminium Technology reports a 60% boost in efficiency with an installation of two cutting-edge machines

Northern Ireland aluminium frames supplier Innovated Aluminium Technology (IAT) has experienced a 60 per cent increase in efficiency, following the installation of two cutting-edge machines in early 2024. The machines have also reportedly reduced the Eglington-based company’s overall material...