News

Boldman ballistic cell

An oil and gas developer has taken delivery of the world’s biggest ballistic glass test cell in Scandinavia. 

The 8m x 8m x 8m high-pressure test cell will be used to test offshore equipment.
 
Having announced the modular design earlier in 2015, UK manufacturer Boldman has seen demand from across the world for test cells that can safely contain ever larger structures, under test at increasingly extreme pressures.
 
The new design, manufactured from the Boldman Aluminium Profile System and patented safety glass can be bespoken to suit...

Novelis Europe leadership

Novelis has announced a change in the management of its Automotive and Can businesses in Europe. 

Michael Hahne, who previously served as Vice President and General Manager Can in Novelis Europe, will assume the position of Vice President and General Manager Automotive in Novelis Europe effective April 1, 2016. Michael succeeds Pierre Labat, who has been appointed as Vice President, Sales and Marketing Global Automotive and will move to the company’s global headquarters in Atlanta, USA.

Michael Hahne joined Novelis in 2008 and served in various management...

Alcoa Arconic

Alcoa has unveiled the name, logo and tagline of its future Value-Add company: “Arconic. Innovation, Engineered.” 

The future upstream company will operate under the Alcoa name. The company’s separation into two, independent, publicly-traded companies in the second half of 2016 remains on track.

China Hongqiao to expand

China Hongqiao has announced plans to raise the annual capacity of the lightweight industrial metal by around 15% this year if the market recovery continues.

According to reports, the Shandong-based company aims to spend up to 15 billion yuan this year on expanding its output capacity of aluminium, alumina, bauxite and electricity, besides retrofitting its coal-fired power plants to meet future carbon emission requirements.

Last year’s spending totalled 14 billion yuan.

Travertec: New plant

Travartec has opened a 12K-ton production capacity plant in Rodengo Saiano (Brescia), to focus on aluminium conductors for automotive applications.

The plant covers a 5,000m2 area and is equipped with a new 12K-tpa capacity line for the production of aluminium and aluminium alloy conductors and is focussed to develop technological materials for the automotive sector.

The engineering and research division is crucial for the company since it develops turnkey technological solutions in close association with the production and quality departments to meet the...

Constellium update

Constellium N.V. has announced that the company intends to record an impairment charge of approximately €400 million in the fourth quarter of 2015 against the carrying value of the Wise Metals asset.

This charge, which has no impact on cash flows, reflects management’s view of the future expected performance at Muscle Shoals in light of the challenges for the can/packaging business as previously disclosed.

The execution of the company’s Body-in-White (BiW) strategy is progressing as planned, and the company has today separately announced an expansion of...

AluSolutions registration

AluSolutions is a free-to-attend international exhibition and conference addressing the challenges and opportunities of sustainable aluminium use.

The conference will demonstrate how the aluminium industry is making continuous improvements in the environmental efficiency of producing aluminium, as well as its sustainability benefits in end-use applications.

As a registered visitor, you will be able to attend the conference sessions free-of-charge and also network with primary influencers and decision-makers within the aluminium industry.
 

KAP Update

The Central European Aluminium Company (CEAC), a Cyprus-based major shareholder and one of the largest creditors of Montenegro’s Kombinat Aluminijuma Podgorica (KAP), today has welcomed the European Parliament’s strong-worded resolution on Montenegro with reference to the European Commission’s 2015 Progress Report. 

The European Parliament resolution slams Đukanović’s government for lack of progress in strengthening the rule of law and governance and fighting corruption and organised crime. It says “corruption remains a serious concern,...

Rusal financial results

UC Rusal has announced its results for the year ended 31 December 2015.

Rusal expects that the global aluminum demand will continue its growth at a healthy 59.6 million tonnes or by another 3 million tonnes as a result of a strong demand growth in North America, Europe and Asia. 

Chinese growth is expected to continue to be strong at 7% YoY in 2016 to 31 million tonnes. Transportation sector will continue to be the biggest growth contribution in 2016 with half of 1.5 million tonnes growth followed by construction and electrical/consumer durables and packaging...