Norsk Hydro ASA entered into an agreement to sell its Hydro Rolling business to KPS Capital Partners for €1.380 billion (approximately US$1.67 billion) on an enterprise value basis. “Hydro launched a strategic review of our Rolling business area in 2019, along with other strategic measures towards profitability and sustainability,” said Hilde Merete Aasheim president and […]
ElvalHalcor S.A., part of Viohalco S.A., commissioned its new four-stand tandem hot rolling mill in Oinofyta, Greece. The completion of the hot mill is the first phase of the company’s five-year plan to more than double its flat rolled aluminum products capacity. During the commissioning, the hot mill supplied by SMS group successfully rolled aluminum […]
Kaiser Aluminum Corporation entered into a definitive agreement to purchase Alcoa Warrick LLC from Alcoa Corporation for $670 million. This acquisition includes all of the Warrick rolling assets, comprising the casthouse, hot mill, cold mills, and coating and slitting lines. Located near Evansville, Indiana, Warrick produces about 310,000 tonnes of rolled aluminum per year, with a strong […]
SMS group held a groundbreaking ceremony to kick off the construction of its new SMS Campus in Mönchengladbach, Germany. The new campus will be the home of a new technology, service, and digitalization center, enabling the company to expand its pioneering position in the development of extrusion, rolling, forging, and other equipment and technology for the aluminum […]
Primetals Technologies is moving to a new manufacturing and office facility in Sutton, Massachusetts, which will house its long rolling manufacturing and service operations. The new facility will complement the company’s 13 other U.S. locations. “In the past few years, we have made significant investments in our manufacturing and service workshop capabilities,” said Ralf Hanneken, president […]
ALVANCE Aluminium Group, part of GFG Alliance, completed its purchase of the Duffel aluminum rolling mill and recycling operations near Antwerp in Belgium. The company acquired the site from Novelis for €310 million. The mill will be renamed ALVANCE Aluminium Duffel. “I would like to welcome the Duffel team to the family of GFG Alliance […]
AMAG rolling GmbH is upgrading and modernizing a two-high hot rolling mill and a four-high cold rolling mill at its plant in Ranshofen, Austria. The parts and work for both orders will be supplied by Primetals Technologies. The aim of the work is to improve the reliability and safety of the equipment. AMAG rolling GmbH, part of […]
Logan Aluminum Inc. installed a new heating and homogenizing furnace for aluminum ingots for its aluminum rolling facility in Russellville, Kentucky. The installation allows the company to expand its production of heat treated aluminum ingot for its rolling facility. Established in 1985, Logan Aluminum is currently owned by Novelis and Tri-Arrows Aluminum. With 40+ acres under […]
Gulf Aluminium Rolling Mill (GARMCO) in the Kingdom of Bahrain is initiating a new vision for a sustainable future. The GARMCO Green Initiative provides a tangible template for the company’s new strategic direction. Drawing on years of best practices, the company aims to actively implement eco-friendly processes throughout its value chain and achieve high sustainability standards. As […]
