Novelis Inc. completed the construction of its first solar park at its rolling and recycling production site in Pieve Emanuele, Italy. With this project, the company is investing $2.4 million in decarbonizing its production in Pieve, further supporting the development of low-carbon, sustainable aluminum solutions for the European market. Local authorities granted their final approval […]
Shandong Nanshan Aluminum Co., Ltd. is expanding its aluminum plant in Longkou, Shandong province, China. The company manufactures aluminum sheet for the domestic and international markets. The expansion project will enable the company to grow its presence in the automotive and aerospace markets. As part of its expansion project, Shandong Nanshan ordered a new cold […]
Novelis Inc. signed a new long-term contract with Coca-Cola Bottlers’ Sales & Services Company (CCBSS), which is the contracting agent for The Coca-Cola Company’s authorized North American bottlers. Under the agreement, Novelis will supply Coca-Cola’s North American bottlers with aluminum can sheet for The Coca-Cola Company’s family of brands. This includes supply from Novelis’ plant in […]
Arconic Corporation, headquartered in Pittsburgh, PA, entered into a definitive agreement to be acquired by funds managed by affiliates of Apollo Global Management, Inc. The all-cash transaction, valued at around $5.2 billion, includes a minority investment from funds managed by affiliates of Irenic Capital Management. Upon completion of the transaction, the company’s shares will no longer […]
Gulf Aluminium Rollng Mill (GARMCO), an aluminum recycling and rolling company located in Bahrain, successfully completed a number of development projects totaling US$24 million. These projects at GARMCO are in accordance with the restructuring plan approved by the company in November 2021. “We are implementing the requirements of the reorganization plan by continuing the development […]
Steel Dynamics Inc. broke ground on its new aluminum rolling facility in Columbus, Mississippi. This is the first time that Steel Dynamics will enter the flat rolled aluminum products market. Operating under the name Aluminum Dynamics, the new rolling facility will focus on the production of aluminum sheet for cans, vehicles, and industrial applications. The […]
By Peter Pollak, The Aluminum Association (Retired). According to goals announced by the U.S. and European Union, there are widespread commitments to eliminate global carbon dioxide emissions by 2050. An important aspect of achieving a net-zero emissions goal within this time frame is electrifying the global vehicle fleet and switching power generation to renewable energy […]
Gränges plans to invest SEK 600 million (~US$57.7 million) over two years to double its capacity for battery cathode foil production in Finspång, Sweden. The new capacity will enable the company to meet the growing demand for battery components in Europe. “Recently, we have experienced very high interest in our battery and electrification solutions from […]
