Gränges AB signed an agreement to acquire all outstanding shares of the company Impexmetal S.A., which includes Polish flat rolled aluminum producer Aluminium Konin and certain other assets, from the Boryszew Group. The SEK 2.3 billion (US$245 million) acquisition will strengthen Gränges’ product offering and presence in Europe and provide a strong position in new attractive niche markets. […]
Texarkana Aluminum held a ribbon-cutting ceremony to commemorate the official launch of its aluminum rolling mill in Texas. The event was attended by company executives as well as local, regional and state economic and political organizations. Texarkana is owned by Ta Chen International, Inc., which acquired the plant from Arconic for approximately $300 million in October 2018. The […]
Novelis Inc. and Georgia Tech entered into a new collaboration to establish the Novelis Innovation Hub at Georgia Tech. The cross-functional hub will connect Novelis’ technical and business innovators with Georgia Tech’s students and faculty in order to promote basic and translational research, innovative business models, and related educational endeavors. The company has committed $2.5 million […]
Hazelett Corporation in Colchester, Vermont, held an open house on July 18th, celebrating its 100 years of designing and manufacturing continuous casting machines for the global metal industries. Hazelett technology is used in metal manufacturing processes worldwide to cast aluminum, copper, zinc, and lead into metal strip and bar used to create countless products. During the […]
AMAG Austria Metall AG signed an agreement with Marubeni Corporation and Marubeni-Itochu Steel Inc. for the commercialization of AMAG’s automotive aluminum rolled products in Japan. The agreement enables the companies to bundle their strengths together in order to bring a number advantages for customers in the Japanese automobile industry concerning quality and delivery performance. In addition, this agreement intends […]
Novelis Inc. developed a new aluminum sheet battery enclosure solution to address customers’ needs in the battery electric vehicle market — which is expected to more than triple globally by 2025. The battery enclosure was built as part of the Novelis Alumineering® solution portfolio, a collection of design solutions for the automotive industry. “This is […]
Braidy Atlas plans to cooperate with the BMW Group on sustainability and technical qualification for the future supply of 5000 and 6000 series automotive aluminum sheet. The milestone plan includes a comprehensive closed-loop recycling strategy that would leverage Braidy Atlas’ logistically optimal location in Ashland, Kentucky, which will be in close proximity to BMW´s car production […]
Braidy Industries, Inc. and En+ Group plc, signed an LOI for a $200 million investment from UC Rusal for Braidy’s planned Atlas aluminum rolling mill in Ashland, Kentucky. In exchange for its investment, Rusal will obtain a 40% share in the project and will serve as Braidy’s exclusive supplier of low-carbon aluminum. This partnership enables Braidy […]
