News

TRIMET puts new recycling furnace into operation

With a capacity of around 40 tons, the new furnace will be replacing two of the three existing systems. The TRIMET Executive Board, headed by Chairman Philipp Schlüter, Plant Manager Jens Meinecke and the employees of TRIMET’s Gelsenkirchen plant ceremoniously put the new system into operation this Friday. “Around 90 percent of the aluminium in circulation is recycled, and the total quantity of recycled light metal continues to increase as a result of increasing demand. So it is only logical for us to consistently invest in expanding our capacities and modernising...

Tenova LOI Contracted by Fonderie Pandolfo

Tenova LOI Thermprocess will supply a large aluminium recycling furnace to the Italian recycling and melting enterprise Fonderie Pandolfo. Tenova LOI Thermprocess, supplier for custom-made heat treatment lines and furnaces and specialist for recycling plants for contaminated aluminium scrap, has received an important order from Fonderie Pandolfo, Italy, for the delivery and installation of a Twin-Chamber Melting Furnace TCF®. Fonderie Pandolfo is the recycling and melting enterprise within the Panalco Holding, specialised in processing of aluminium, mainly for extrusions. The...

ALUMINIUM India 2019

ALUMINIUM INDIA 2019 has clearly evidenced the future market opportunities and rising demand for technologies in the aluminium industry on the Indian continent. In excess of 2,000 visitors travelled to the East Indian city of Bhubaneswar to visit the trade fair from 31 January to 2 February.   The 87 exhibitors from India, China, North America and Europe covered the complete cross-section of industry needs, from raw materials and processing through to the finished products for the principal areas of applications on the Indian market: the sectors energy, transport, construction...

Potline reopens

Aldel located in Delfzijl, the Netherlands, has announced the reopening of potline one following the purchase of the business by York Capital in 2017.  This is part of the on-going capital investment in both equipment and people as the plant moves towards full production by the end of 2019. Aldel’s return to the European aluminium industry has been very well received and reflected by the strong support the business has received from customers and suppliers alike. New employment As a result of the significant investment, Aldel is looking for employees. The main focus is...

Arconic separation

Arconic announced in its Fourth Quarter 2018 Highlights that the portfolio will be separated into Engineered Products & Forgings and Global Rolled Products, with a spin-off of one of the businesses.  In addition, the Company will also explore the potential sale of businesses that do not best fit into Engineered Products & Forgings or Global Rolled Products. The Company also intends to execute its previously authorised $500 million share repurchase program in the first half of 2019. The Board has also authorised an additional $500 million of share repurchases,...

Decade-low demand

According to an announcement by Alcoa, global demand for aluminium is likely to grow this year at its slowest pace since the global recession of 2009. Roy Harvey, Alcoa’s chief executive, said in a presentation to analysts that the company expected worldwide demand to grow by 3-4 per cent this year, which would be the slowest rate since the world market shrank during the downturn that followed the great financial crisis.  Mr Harvey pledged to respond “with urgency to these dynamic conditions” in the coming year.  He was speaking as Alcoa reported...

Engineers move in for latest milestone in Fort William wheels factory project

Plans to make Fort William a future hub of Britain’s automotive industry reached another milestone this week as ground engineers moved onto the site earmarked for Liberty’s flagship alloy wheels factory. The technical team moved in with their rigs and excavators for six weeks of in-depth ground investigations which will provide vital information for the design of foundations for the planned plant that is intended to manufacture wheels for at least a fifth of all UK-made cars from 2022 onwards. The innovative £120m plant, which will take its liquid metal directly...

$80M billet plant planned

Aluminium manufacturer Matalco has announced plans to build a new $80 million plant in central Wisconsin for the production of aluminium billet. The company, which currently operates plants in Indiana, Ohio, and Ontario, Canada, said the proposed site in Wisconsin Rapids offered convenient access to its customers as well as a strong local labor force and quality of life, the Wisconsin Rapids Tribune reports. Matalco executives also credited a package of state and local incentives for helping to bring the project to the region; the local incentives, the paper noted, must still be...