What happens when an automaker starts building a business beyond cars? For Hyundai Motor Co., robotics is becoming a key part of that shift, with the company moving from using robots in its factories to developing, manufacturing and deploying them at scale. Hyundai is laying the groundwork to...
The overseas primary aluminium spot market remained subdued this week. Although limited restocking briefly improved trading activity in South Korea at the beginning of the week, the recovery was not sustained, and transactions weakened again from midweek. Elsewhere in Asia, the traditional...
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A Korean company that has been exporting to and importing from the Philippines is looking for a Filipino partner to start an aluminum foil manufacturing business in the country. In a statement, the Department of Trade and Industry (DTI) said Thoma T.Y. Shinn, who chairs the Korea Importers'...
A Dudley business specialising in heat treatment of aluminium alloys has just secured its first order to South Korea. The assignment is part of a string of several export orders won by Alloy Heat Treatment within the past six months. AHT has been going for 40 years and has been at the Grazebrook...
Analysts believed at the time of Galaxy S4's launch that Samsung’s next flagship smartphone will have radically different design language, that it will not follow the design paradigm it has for quite some time now. A number of manufacturers have moved to metal chassis for their devices, HTC One is...
South Korea's largest automaker Hyundai Motor plans to boost vehicle production in the third quarter to recover production losses resulting from strike action over March-May, industry sources said Tuesday. Workers at Hyundai's Ulsan plant went on strike on weekends from March 9 in a dispute over...
There’s no doubt that the South Korea-based company will launch the Samsung Galaxy S5 next year, the follow-up of the already popular Samsung Galaxy S4, a smartphone that was sold in 40 million copies in less than a month after its market debut. Even though the Samsung Galaxy S devices are the best...
Novelis Inc., is expanding its Korean operations to meet growing industrial demand for a variety of aluminum sheets. Using its success here as a springboard, it has made inroads into China and Southeast Asia to become an industry leader in rapidly growing areas. Novelis, which is based in Atlanta,...
Furukawa-Sky Aluminum Corp. and Sumitomo Light Metal Industries Ltd. said they plan to integrate their operations on Oct. 1 to survive intensifying competition from Chinese and South Korean rivals in aluminum rolling business. The two nonferrous metal companies said they have reached a final...
Samsung could be changing the build design for the Samsung Galaxy Note 3, potentially opting to use an aluminium body akin to that of the HTC One. When Samsung saw the success of the HTC One, the South Korean company is said to be “worried” about the design and build quality of their smart devices...
South Korea has bought a total of 4,000 tonnes of aluminium for arrivals by Jan. 31, 2013 via tenders on Thursday, state-run Public Procurement Service said on its website (www.g2b.go.kr). Details of the purchases are as follows: TONNES SUPPLIER PREMIUM(CIF/T) ORIGIN 1,000 LG International Corp...
South Korea has bought 4,000 tonnes of aluminium ingots at premiums of $224-249 per tonne on a cost, freight and insurance (CIF) basis, the state-run Public Procurement Service (PPS) said. PPS, which manages South Korea’s strategic commodities, bought 2,000 tonnes of LME Indian-origin ingots from...
Asian aluminum premiums have stabilized over the past week as market participants look to next year’s negotiations amid growing expectations of a fall in quarterly premiums. "Japan and (South) Korea are quiet, but we have no spot (material) to offer," a source at a top producer told AMM sister...
The recent inauguration of Asia’s largest beverage can recycling plant in South Korea by Novelis Inc., a global leader in aluminum recycling and rolling, is one more feather in India’s Aditya Birla Group’s cap. The move also underlines the soundness of a decision that group took some years ago to...
South Korea has bought a combined 4,000 tonnes of aluminium for arrivals by Jan. 15 via tenders on Wednesday, the state-run Public Procurement Service said on its Website. Details of the purchases are as follows: TONNES SUPPLIER PREMIUM(CIF/T) ORIGIN 2,000 LG International Corp $247 Western 2,000...
Novelis has opened an aluminium recycling and casting center in South Korea as part of a $400m expansion project. The Yeongju recycling center is the firm’s first major step in the plan to increase recycling capacity to 2.1 million tons by 2015. The facility will have an annual capacity of 265,000...
Novelis, the global leader in aluminum recycling and rolling, today announced the opening of an aluminum recycling and casting center at its Yeongju, South Korea, facility. The new operation is the largest aluminum beverage can recycling center in Asia. The Yeongju recycling center is part of a...
On the 24th of September 2012, Emirates Aluminium (EMAL) welcomed His Excellency Dr. Tae Kyun Kwon, South Korean Ambassador to the UAE, and senior representatives of Samsung C&T to the smelter, for an “On-Foundation Ceremony” to celebrate the installation of three new gas turbine units for the...
South Korea has bought a combined 6,000 tonnes of aluminium for arrivals by Nov. 25 via tenders on Wednesday, the state-run Public Procurement Service said on its website (www.g2b.go.kr). Details of the purchases are as follows: TONNE SUPPLIER PREMIUM(CIF/T) ORIGIN 1,000 Glencore International AG...
Nestlé Nespresso SA, the pioneer and reference of the premium portioned coffee segment, today announced two important developments in its commitment to aluminium sustainability. Firstly the company has reached its 75% capsule recycling capacity objective one year ahead of plan. In addition,...
