News

According to the Gulf Aluminium Council, the primary aluminium producers in the GCC collectively produced 5,408,257 tons of high quality primary Aluminium in 2018 for the local and international market. An increase of around 230,000 tons over last year, as the result of improved efficiency and completion of modernisation of projects and Alba surpassing one million tonnes production for the first time. Throughout the year, the Primary and Downstream aluminium producers in the GCC continued their drive to maintain their leadership position on all aspects related to the environmental...

According to a report in the Wall Street Journal, Apollo is close to a deal to buy Arconic for more than $10 Billion. Apollo would pay between $21 and $22 per share in a deal that is likely to be announced this week.

The 2019 WorldStar competition, organised by the World Packaging Organisation (WPO) continues to recognise the performance of aluminium foil as one of the major packaging materials globally. No less than four products, which had already won the coveted Alufoil Trophy earlier in 2018, picked up WorldStars for 2019 when the winners were announced recently. In the food category, Constantia Flexibles International, from Austria, received a WorldStar for the Cat Milk in Aluminium Portion-Pack. Animonda´s Milkies portion-packs contain 15g cat milk in four different variations. The...

Following the success of the two courses held last year, Innoval Technology has announced another training course about aluminium automotive sheet.  It will take place on 9-11th April 2019 at Innoval’s offices in Banbury, UK. Anyone can attend. The Aluminium Automotive Sheet training course will be 2.5 days long and will include a visit to Jaguar Land Rover’s manufacturing facility in Solihull. The course is specifically for companies new to making or using aluminium automotive sheet. It will help delegates to develop a thorough understanding of this product from a...

According to a report in the Wall Street Journal, Apollo is close to a deal to buy Arconic for more than $10 Billion. Apollo would pay between $21 and $22 per share in a deal that is likely to be announced this week.

Carlisle Companies Inc. has entered into a definitive purchase agreement to acquire Petersen Aluminum Corp., a privately held manufacturer of high-quality metal roofing products for approximately $197 million. Headquartered in Elk Grove Village, Ill., Petersen’s primary business is the manufacture and distribution of market leading architectural metal roof panels, steel and aluminium flat sheets and coils, wall panels, perimeter roof edge systems and related accessories for commercial, residential, institutional, industrial and agricultural markets. Founded by Maurice R....

According to reports, Konecranes has won orders for two Gottwald Model 8 floating cranes from COSCO Shipping Bulk Co. COSCO Shipping Bulk is a subsidiary of COSCO, the third largest shipping company to handle bulk cargo. Konecranes’ Gottwald cranes will tranship bauxite for COSCO from river barges onto ocean-going Panamax vessels on the open sea. They are specially designed in accordance with Lloyd’s Register Code for Lifting Appliances in a Marine Environment, so as to operate at wind speed up to 24 metres per second and maximum wave heights of 2.5 metres. ZhiJun Fan,...

The most popular news stories on the Aluminium International Today website in 2018 were... 1. Construction starts on Vietnam smelter https://www.aluminiumtoday.com/news/view/construction-starts-on-vietnam-smelter 2. The future is now https://www.aluminiumtoday.com/news/view/the-future-is-now 3. EGA: Safety incident https://www.aluminiumtoday.com/news/view/ega-safety-incident 4. Aluminium in cars up 30% https://www.aluminiumtoday.com/news/view/aluminium-in-cars-up-30 5. Alu recycling rate https://www.aluminiumtoday.com/news/view/alu-recycling-rate 6. Harsco acquires...

Purso Group Oy, based in Nokia, Finland, has bought the share capital of the Dutch company Nedal Aluminium B.V. in the largest company acquisition of its history. Purso Oy processes aluminium into profiles and components as well as building and lighting systems. The transaction doubles Purso’s production capacity and opens new markets in Central Europe. In the transaction, Purso is buying the subsidiary Nedal Aluminium from the listed Dutch company Hunter Douglas. Nedal Aluminium focuses on the high-quality manufacturing of mostly large aluminium profiles in particular and...

Braidy Industries reported at the end of 2018 that the company has spent US$15.7 million on the construction of its Braidy Atlas aluminium rolling mill in Greenup, Kentucky, USA. The company is working towards meeting its anticipated target of bringing the mill to full commercial operation in 2021. According to sources, Braidy is banking on its proprietary Veloxint alloy, designed by Massachusetts Institute of Technology scientists for this project. These ultra-high strength metals alloys are suitable for extreme temperature uses in the automotive and aerospace industries and help...