Almatis
Almatis gears up to double production capacity with the Huangdao Calcined alumina plant
Almatis, a global leader in speciality alumina products and solutions, has broken ground on its new Huangdao Calcined Alumina Plant in the Qingdao Economic Development Zone, China. With this new plant, Almatis will double its production capacity in the region and aims to meet the rising demand for raw materials in several critical industries, especially technical ceramics, electronic components, and electric vehicles. OYAK General Manager Murat Yacintas stated that since joining the OYAK Group in 2015, Almatis has stood out with its strategic investments aimed at increasing its influence in global markets. "The new investment in the Qingdao Economic Development Zone represents a strategic step to strengthen the company's global leadership in alumina products," he said. The foundation of...
Almatis and Çimsa form strategic collaboration in calcium aluminate cement to strengthen refractory supply to aluminum and steel industries
Almatis , a global leader in speciality alumina products, and Çimsa, one of the world’s top three producers of Calcium Aluminate Cement (CAC), have announced a strategic collaboration aimed at strengthening the global CAC market and enhancing support for the building chemicals market and refractory producers serving diverse industries, including the aluminium and steel. The partnership combines Almatis ’ and Çimsa’s expertise, market presence, and resources to expand the breadth of CAC products available for refractory applications. Both companies plan to present their CAC portfolios collaboratively, respectively benefit from each other’s supply chain and warehouse networks, explore capacity expansion opportunities, and cooperate in new product development. Joint commercial activities are...
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India’s refractory industry at the forefront of rapid economic growth in the region
India's refractory sector is on a transformative growth trajectory, fueled by rapid industrialisation, surging steel production, and an ambitious “Make in India” agenda. At the forefront of this momentum stands Almatis, reinforcing its legacy as a global leader in specialty alumina with its state-of-the-art fully integrated Tabular Alumina plant in Falta, West Bengal. Since its inauguration in 2022 Almatis Falta facility has emerged as a cornerstone in the regional and global supply chain. This locally manufactured tabular alumina delivers unmatched quality, consistency, and just-in-time availability, addressing the evolving needs of India’s steel, cement, and technical ceramics industries. Production in India, for India Almatis' journey in India began in 1995 with a joint venture focused...
Calcined alumina market poised for significant growth amidst strategic moves by Almatis, Rusal, and Imerys
The global calcined alumina market is poised for significant growth, driven by expanding applications across various industries and strategic moves by key players. The calcined alumina market is experiencing robust expansion. Projections indicate growth from approximately USD 16.82 billion in 2025 to USD 28.56 billion by 2032, reflecting a Compound Annual Growth Rate (CAGR) of 7.86 per cent. This surge is attributed to increased demand in sectors such as ceramics, electronics, and refractories, where calcined alumina's properties—like high hardness and thermal stability—are highly valued. Key Applications Driving Demand Advanced Ceramics: Calcined alumina enhances thermal resistance and mechanical strength in ceramics, making it indispensable in automotive, aerospace, and medical device...
OYAK's investment propels Almatis to expand production in China
OYAK has announced a strategic investment in China for its subsidiary, Almatis, a global leader in specialised alumina products and solutions. This investment aims to bolster Almatis' capabilities by increasing its calcined alumina production capacity from 50,000 to 100,000 tonnes. The expansion is poised to fuel growth in vital markets like semiconductor structural components, consumer electronics, thermal control devices, and electric vehicles. Construction of the new facility, spanning 6,600 square meters, is scheduled to commence in the final quarter of 2024. On September 1, 2015, Dubai International Capital (DIC), the private equity arm of Dubai Holding, announced that it had completed the sale of Almatis, the world's leading supplier of premium alumina for the refractory, ceramic...
Lawsuits filed against LAlumina LLC by several contractors
LAlumina LLC, which operated the Burnside Alumina until it was shut down in August’20 and laid off hundreds of workers has been charged and filed by lawsuits by several contractors. The contractors filed lawsuits against LAlumina soliciting money after they claim agreements for goods and services were broken. As per the records, they are collectively seeking more than $3.3 million from the company. Gonzales-based TMA Environmental, Baton Rouge-based Environmental Specialties International and Providence Engineering and Design; Albuquerque, New Mexico-based Summit Electrical Supply Co.; Clayton, Mississippi-based Olin Corp. and Dubai-based Mur Shipping BV are the lists of contractors filed lawsuits. In September’20, LAlumina shut down its operations within a year of acquiring the alumina...
New Tabular Alumina Plant by Almatis to come online in Falta, West Bengal
Almatis, a global leader in production and supply of premium alumina and alumina-based products, announced to set up a new Tabular Alumina plant in Falta, West Bengal, with the aim to expand its business across Asia. Almatis was previously a part of global aluminium major Alcoa but now owned by one of the largest private pension funds in Turkey OYAK since September 2015. Almatis’ India business is based in Falta with a processing plant that has been seeing steady growth since 1995. The company is now extending its production facility with an expectation to meet its Indian customers’ demands, providing supply security in the growing market, an official statement issued on July 25. The company is aiming big on India’s market given the rising demand for Tabular Alumina, driven by growing...
Dubai's DIC completes sale of alumina supplier Almatis
Dubai International Capital (DIC), the private equity arm of Dubai Holding, has announced that it has completed the sale of Almatis, the supplier of premium alumina for the refractory, ceramic and polishing industries to OYAK, Turkey's largest private pension fund. The completion of this sale follows receipt of all relevant regulatory approvals. Taco Gerbranda, CEO of Almatis, said: "We are grateful to DIC for their support and the strong partnership that we formed during their ownership period. "This partnership was critical in allowing us to undertake very ambitious strategic steps that ensured the longer term stability of our company by extending our global presence, increasing capacity and becoming vertically integrated, with the single objective to better serve our customers. Today...
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