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Yousif Capital decreases its stake in Kaiser Aluminum by 13.6% during Q42022
30 MAR 20232MINS

Yousif Capital decreases its stake in Kaiser Aluminum by 13.6% during Q42022

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...

The Body Shop expands sustainability range with new lipstick in refillable aluminium case
29 MAR 20232MINS

The Body Shop expands sustainability range with new lipstick in refillable aluminium case

Internationally acclaimed brand based in the United Kingdom, The Body Shop has expanded its sustainable refill drive to incorporate a brand-new flagship product, the Peptalk Lipstick. The Body Shop’s Peptalk Lipstick comes enclosed in a refillable case made of 100% recyclable aluminium. Before...

US aluminium crude metals and alloys imports from Canada edge 19% higher Y-o-Y in January 2023
27 MAR 20232MINS

US aluminium crude metals and alloys imports from Canada edge 19% higher Y-o-Y in January 2023

The United States aluminium crude metals and alloys imports from Canada started the year 2023 with a monthly decline of 27,000 tonnes or 10.51 per cent to stand at 230,000 tonnes, found the recent survey by the US Census Bureau. The import volume fell in January 2023, following an increase in the...

Heineken® Silver now available in 12-oz slim aluminium cans across the US market
23 MAR 20232MINS

Heineken® Silver now available in 12-oz slim aluminium cans across the US market

Heineken® Silver, a new lower-carb and lower-calorie offering from the Dutch multinational brewing company, has been launched in the U.S. market in 12-oz slim aluminium cans and 24-oz aluminium cans. It takes centre stage as a premium new alternative in the light lager category, which accounts for...

Aluminium alloy wheel supplier Dicastal reports fire explosion at its facility
22 MAR 20233MINS

Aluminium alloy wheel supplier Dicastal reports fire explosion at its facility

On March 17, Friday a mishap occurred at one of the facilities of Dicastal North America that produces lightweight aluminium alloy wheels for established automakers. The facility, located 30 miles from Grand Rapids, Michigan, was tattered vehemently by an explosion caused by flying debris from the...

BMW restricts unskilled production of patented aluminium structural parts
21 MAR 20232MINS

BMW restricts unskilled production of patented aluminium structural parts

BMW North America has decided to regulate more than 100 aluminium structural components for its patented cars “due to complexity of the repair and the requirement of highly specialised tools, training, and repair procedures,” as was cited in a bulletin published by the company on March 16. For...

Tekna extends partnership with Uniformity Labs to supply aluminium for L-PBF application
21 MAR 20232MINS

Tekna extends partnership with Uniformity Labs to supply aluminium for L-PBF application

Uniformity Labs and Tekna extended their partnership to supply aluminium for laser powder bed fusion (L-PBF) applications. In this agreement, Tekna will provide the AlSi10Mg aluminium-based alloy to Uniformity to produce its advanced ultra-dense AlSi10Mg powder for the additive manufacturing...

Alcoa reports close down of Intalco aluminium smelter, site undergoes redevelopment
17 MAR 20232MINS

Alcoa reports close down of Intalco aluminium smelter, site undergoes redevelopment

The US-based aluminium giant Alcoa announced it would close down its Intalco aluminium smelter after five decades of operations. With the closure announcement, the company begins preparing the site for new economic development opportunities. Roy Harvey, the President and CEO of Alcoa, said, “The...

Trump's aluminum tariffs significantly affected the beverage industry in the US, says ITC report
16 MAR 20232MINS

Trump's aluminum tariffs significantly affected the beverage industry in the US, says ITC report

The US International Trade Commission's (ITC) most recent report, which revealed that American businesses, not Chinese ones, incurred the majority of the costs associated with Section 232 tariffs on aluminium , prompted a response from the Beer Institute, the oldest national trade organisation that...

Ball announces potential closure of Wallkill facility in New York
16 MAR 20232MINS

Ball announces potential closure of Wallkill facility in New York

USA-based manufacturer of aluminium beverage solutions and one of the world's largest suppliers of aluminium cans, Ball Corp is on the verge of closing its Wallkill Plant in New York. This action would be aligned with the company’s collective bargaining agreement. Ball has notified its workers and...

South America’s monthly alumina production initiates 2023 with a 1% drop
15 MAR 20232MINS

South America’s monthly alumina production initiates 2023 with a 1% drop

In January 2023, alumina production in South America stood at 1.029 million tonnes, reflecting a month-on-month decline of 1.25 per cent from 1.042 million tonnes, found the International Aluminium Institute survey. However, on a year-on-year calculation, the output recorded an increase of 3.42 per...

Nuveen Asset Management LLC sheds 892 shares of Kaiser Aluminium Co.
14 MAR 20232MINS

Nuveen Asset Management LLC sheds 892 shares of Kaiser Aluminium Co.

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...

Stellantis invests another round in its Kokomo aluminium casting operation
13 MAR 20232MINS

Stellantis invests another round in its Kokomo aluminium casting operation

An additional round of capital investment is on the way at Stellantis' aluminium casting plant in Kokomo, Indiana, as the automaker prepares to use those three sites to produce electric drive modules (EDMs) for battery-electric vehicles. The $155 million programme will fund aluminium casting,...

AAC supports Canada’s ban on Russian aluminium imports, assuring to back with more favourable sanction ideas
13 MAR 20232MINS

AAC supports Canada’s ban on Russian aluminium imports, assuring to back with more favourable sanction ideas

As soon as the Canadian Government declared a total ban on Russian aluminium, with an immediate effect on March 10, it received support from the Aluminum Association of Canada (AAC). Jean Simard, President and CEO of the AAC, said: "This ban by the Canadian government closes the door on imports...

Canada debars Russian aluminium and steel imports
11 MAR 20232MINS

Canada debars Russian aluminium and steel imports

On March 10, 2023, Canada prohibited the importation of all Russian aluminium and steel products in a move that the nation stated aimed to deny Russia's ability to fund the Russia-Ukraine geopolitical crisis. Chrystia Freeland, Finance Minister, stated that Canada would do everything to cut off or...

Source Global acquires Proud Source Water, a natural alkaline water brand available in recyclable aluminium bottles
11 MAR 20232MINS

Source Global acquires Proud Source Water, a natural alkaline water brand available in recyclable aluminium bottles

Source Global, the innovative company that generates atmospheric drinking water, has acquired the spring water brand Proud Source Water. Proud Source, a certified B Corp, sells naturally alkaline water in recyclable aluminium bottles at retailers and food service locations across the United States....

US aluminium crude metals and alloys imports surge 39% M-o-M in Dec’22, but imports in Q4 decline 3%
10 MAR 20232MINS

US aluminium crude metals and alloys imports surge 39% M-o-M in Dec’22, but imports in Q4 decline 3%

According to the US Census Bureau data, the United States imported 388,000 tonnes of aluminium crude metals and alloys in December 2022. On a month-on-month calculation, the import volume surged by 109,000 tonnes or 39.07 per cent from 279,000 tonnes, and on a year-on-year basis, increased by...

Jim Beam and Boston Beer get ready to ship RTD drinks in sustainable aluminium cans
09 MAR 20232MINS

Jim Beam and Boston Beer get ready to ship RTD drinks in sustainable aluminium cans

Jim Beam, in alliance with the Boston Beer Company, is eager to launch its ready-to-drink beverages in sustainable aluminium packaging solutions. Jim Beam Kentucky Coolers are on a track to introduce more and more RTD beverages to compete with the evolving liquor market and changing lifestyles. To...