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Altech Chemicals appoints Tunku Dato’ Ya’acob as director
23 OCT 20151MINS

Altech Chemicals appoints Tunku Dato’ Ya’acob as director

Altech Chemicals has appointed Tunku Dato’ Ya’acob bin Tunku Tan Sri Abdullah as a non-executive director of the company. Tunku Dato’ Ya’acob has nominated Mr Uwe Ahrens as his alternate.Tunku Dato’ Ya’acob is the executive chairman of the Melewar Khyra Group of Companies (Melewar), a Malaysian...

Altech Chemicals seals investment ahead of high purity alumina demand
21 OCT 20152MINS

Altech Chemicals seals investment ahead of high purity alumina demand

Altech Chemicals has completed a placement for A$1 million in proceeds with a cornerstone Asian investor as high-purity alumina (HPA) operations develop. The company has received the second tranche of an investment by diversified Malaysian industrial firm Melewar International investment Company...

INALUM expands capacity to double production
19 OCT 20152MINS

INALUM expands capacity to double production

Indonesia Asahan Aluminum (INALUM) has allocated up to US$2.5 billion to finance a number of projects in order to help achieve a target of producing 500,000 tons of aluminum by 2020. Among the projects are a new 200,000 ton capacity aluminum smelter and a steam-fueled power plant (PLTU) as well as...

Bauxite mining to help boost Malaysia's Tanah Makmur earnings
15 OCT 20151MINS

Bauxite mining to help boost Malaysia's Tanah Makmur earnings

Bauxite mining is expected to help sustain Malaysia's Kuantan-based Tanah Makmur’s earnings in spite of lower net profit from its other business in the near term. Some 1.2 million tonnes of bauxite were discovered on Tanah Makmur’s KotaSAS township land banklast year, The company started mining the...

Garmco revamps international operations
15 OCT 20153MINS

Garmco revamps international operations

Bahrain-based Garmco, an international aluminium rolling mill and one of the largest downstream aluminium facilities in the Middle East, has completed a major restructuring of its international operations. This is in line with the company's three-year strategy, which involves closing unprofitable...

Instacom catches investors’ eye after Neata acquisition
15 OCT 20152MINS

Instacom catches investors’ eye after Neata acquisition

Instacom Group Bhd saw high volumes of trade the past two days following the acquisition of an additional 43.6 per cent stake in Neata Aluminium (Malaysia) Sdn Bhd (Neata) which raised the group’s stake in Neata to 78.6 per cent from 35 per cent. Instacom was the third most active counter on Bursa...

Kaigo prepares for iMT Taiwan to be held from Dec 2-4, 2015
14 OCT 20151MINS

Kaigo prepares for iMT Taiwan to be held from Dec 2-4, 2015

Kaigo Co., Ltd. organizes the only international exhibition in Taiwan dedicated to metal technology with the support of Messe Düsseldorf GmbH, taking place at Kaohsiung Exhibition Center at the heart of Taiwan’s heavy industry clusters. Within Taiwan’s manufacturing industry, metal and machinery...

Taybah Group chooses Danieli’s MiDa for its new Greenfield project in Pakistan
14 OCT 20152MINS

Taybah Group chooses Danieli’s MiDa for its new Greenfield project in Pakistan

Danieli has signed a contract with Taybah Steel to supply MI.DA® micromill for its new Greenfield project in Pakistan. The contract signing ceremony took place at the headquarters of Danieli & C. in Buttrio/Italy on the 21st of September, 2015 with the participation of executives of both parties....

Inalum to produce 244,000 tons of aluminium in 2016
09 OCT 20152MINS

Inalum to produce 244,000 tons of aluminium in 2016

PT Indonesia Asahan Aluminium (Inalum) has set a target of producing 244,000 tons of aluminium in 2016. President Director Winardi Sunoto, said on September 8, Thursday, that the companys production target for 2015 had been set at 255,300 tons. "Unlike in 2016, Inalums production will be in the...

LME signs up 9 warehouse firms for new aluminium premium contracts
09 OCT 20152MINS

LME signs up 9 warehouse firms for new aluminium premium contracts

The London Metal Exchange has signed up nine warehouse for its new aluminium premium contracts due to be launched in November, a crucial step towards ensuring their acceptance and use. Warehouse companies that will get involved in the premium contracts include Henry Bath, majority-owned by China's...

Indonesia's Antam in talks with CDB for an alumina refinery project loan
07 OCT 20151MINS

Indonesia's Antam in talks with CDB for an alumina refinery project loan

Aneka Tambang (Antam), the leading state-owned diversified mining company of Indonesia, is in talks with China Development Bank for a loan of $1.5 billion for an alumina refinery project that is currently being undertaken in the state. SOE Minister Rini Soemarno told on Tuesday, October 6, "We are...

Stricter rules on bauxite mining planned in Terengganu, Malaysia
05 OCT 20151MINS

Stricter rules on bauxite mining planned in Terengganu, Malaysia

Government of Terengganu, the sultanate and constitutive state of federal Malaysia, intends to be more stringent on bauxite mining to prevent environmental pollution, Menteri Besar Ahmad Razif Abdul Rahman said recently. He said new conditions on mining permits would be announced after the state...

Sumitomo Electric readies improved aluminum wire harness
01 OCT 20152MINS

Sumitomo Electric readies improved aluminum wire harness

Sumitomo Electric Industries has developed an automotive wire harness from a special aluminum alloy that is strong enough and skinny enough to replace around 70% of all copper wire harnesses now used in a car, including in the engine compartment and doors. The average modern car with all its...

Altech Chemicals secures Johor land for its High Purity Alumina plant
01 OCT 20152MINS

Altech Chemicals secures Johor land for its High Purity Alumina plant

Altech Chemicals Limited announced that it has now secured land in the Tanjung Langsat Industrial Complex, Johor, Malaysia for its proposed high purity alumina (HPA) plant. The company has reserved a ~4 hectare site in a section of the industrial complex that is set aside for chemical facilities....

Aluminium systems market to be valued at $147.13 billion by 2020
24 SEPT 20152MINS

Aluminium systems market to be valued at $147.13 billion by 2020

In a recently published market research report, it is projected the global market for aluminium will grow at a CAGR (compound annual growth rate) of 5.65% from 2015 to 2020, to reach USD 147.13 billion by 2020. As per the report, rising demand for aluminium in emerging economies will be the main...

iMT Taiwan 2015 to present latest metal manufacturing technology advancements
21 SEPT 20152MINS

iMT Taiwan 2015 to present latest metal manufacturing technology advancements

The first edition of the International Metal Technology (iMT) Taiwan- the only international exhibition in Taiwan dedicated to metal technology- will be presenting latest manufacturing technologies and high function products from 2-4 December, 2015 at Kaohsiung Exhibition Center. The Future of...

Alcoa to commercialize MicromillTM Technology in Worldwide Licensing Deal
16 SEPT 20152MINS

Alcoa to commercialize MicromillTM Technology in Worldwide Licensing Deal

Lightweight metals leader Alcoa today announced it will commercialize its breakthrough MicromillTM technology, working with the Danieli Group, a global supplier of plants and equipment to the metals industry. Danieli will license Alcoa’s intellectual property associated with manufacturing advanced...

Sapa restructures business areas in Asia
15 SEPT 20152MINS

Sapa restructures business areas in Asia

As part of its strategy to profitably grow in Asia and to serve its customers in this region even better, Sapa has decided to reorganize its business and will include its extrusion operations in Asia with its global aluminium tubing business. As a consequence, Salvador Biosca, executive vice...