News

Top 10 stories in 2018

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...

Nedal Aluminium acquired

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 mill progress

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...

Alba starts Casthouse 4

Aluminium Bahrain B.S.C. (Alba) started the biggest furnace in its history with the First Cold Charge of Furnace 3 in its new Casthouse 4 on 26 December 2018. Alba’s Chairman of the Board of Directors Shaikh Daij bin Salman bin Daij Al Khalifa witnessed the First Cold Charge at Casthouse 4, which was also attended by Alba Deputy CEO Ali Al Baqali, Alba Executive Management Team, Casthouse 4 Start-Up team, Bechtel and other major contractors.   On this occasion, Alba’s Chairman Shaikh Daij said: “We are pleased with this milestone, which is another turning...

European Alu appointment

European Aluminium announced that Emilio Braghi, Senior Vice President and President at Novelis Europe, will replace Kjetil Ebbesberg (Hydro) as the association’s chairman. Braghi has been appointed for a two-year term starting on 1 January 2019. Furthermore, at the 2018 General Assembly of the association, members elected Roberta Niboli (Raffmetal) as Vice Chair and Peter Basten (Constellium) as Treasurer. Emilio Braghi is Senior Vice President and President at Novelis Europe, overseeing 10 European facilities for recycling aluminium and manufacturing aluminium rolled...

Alcoa curtailment

Alcoa Corporation has announced that it will immediately begin to curtail half of the one operating potline at the Aluminerie de Bécancour Inc. (ABI) smelter in Québec, Canada. The Bécancour aluminium smelter, owned by Alcoa (74.95%) and Rio Tinto Alcan Inc. (25.05%), has nameplate capacity of 413,000 metric tons per year, across its three potlines. Two of the facility’s potlines were curtailed on January 11, 2018, after union members rejected a proposed labor agreement for hourly employees. Since the lockout, ABI’s salaried employees have operated...

US lifts sanctions

According to reports, the U.S. Treasury will lift sanctions on the core empire of Russian businessman Oleg Deripaska, including aluminium giant Rusal and its parent En+. In April, the U.S. Treasury imposed sanctions on Deripaska, Rusal, En+ and other companies in which he owns stakes, citing "malign activities" by Russia, prompting turmoil in global aluminium markets. After lobbying by European governments, Washington postponed enforcement of the sanctions and started talks with Deripaska's team on removing Rusal and En+ from the blacklist if he ceded control of...

AEC Transshipment case

The Enforce and Protect Act (EAPA) investigation conducted by U.S. Customs and Border Protection (CBP) has determined that there is substantial evidence that Sun Bright International Corporation and Fair Importing Corporation entered merchandise covered by antidumping duty (“AD”) order A-570-967,1 and countervailing duty (“CVD”) order C-570-968,2 into the customs territory of the United States through evasion. CBP determined that these two companies imported into the United States aluminium extrusions from the People’s Republic of China...

Aluminium Dunkerque sale

Sanjeev Gupta’s global GFG Alliance has completed its purchase of Aluminium Dunkerque, Europe’s largest aluminium smelter.   The London-headquartered Alliance said the acquisition of the plant – to be renamed Liberty Aluminium Dunkerque – now paves the way for a downstream investment programme at the plant in order to maximise the value of the aluminium currently made there.  GFG aims to make the Liberty Aluminium Dunkerque 570-worker smelter, bought from Rio Tinto for around US$500m, a foundation for a wider integrated manufacturing business...

EGA power block

Emirates Global Aluminium (EGA), Mubadala and Dubal Holding are to sign an agreement to develop a state-of-the-art power block and a water desalination plant at EGA’s smelter at Jebel Ali in Dubai. The new facilities will improve the efficiency of power for EGA’s aluminium smelting, reducing environmental emissions and natural gas consumption. Mubadala and Dubal Holding are to establish a joint venture to develop the new facilities. EGA intends to buy the facility’s output for 25 years following commissioning. EGA is the largest industrial company in the UAE...