Novelis Inc. broke ground on a $365 million investment to build a highly advanced recycling center in Guthrie, Kentucky, which will support closed-loop recycling for the automotive market in North America. “This groundbreaking marks a major milestone in our ongoing commitment to sustainability and recycling, and also supports our automotive customers’ carbon reduction targets,” said […]
Altek Metal, headquartered in Esentepe, Istanbul, Turkey, received an 18 million euro joint investment from the European Bank for Reconstruction and Development (EBRD) and Garanti BBVA to build a new aluminum recycling casthouse with 50,000 ton per year capacity in Çerkezköy, Turkey. The main goal of this investment is to support business growth and improve […]
Novelis Inc. plans to invest approximately $50 million to build a recycling center at its Ulsan Aluminum joint venture in South Korea. The expansion project will increase capacity to produce rolling ingot, as well as reduce carbon emissions. “This latest capital investment in recycling is another example of our company purpose of ‘Shaping a Sustainable […]
Hammerer Aluminum Industries (HAI) completed the installation of a new €4.5 million melting furnace at its facility in Santana, Romania. The new furnace expands its recycling and remelting capacity to 250,000 tons per year. The investment in a new furnace is in reaction to the high demand for aluminum lightweight products made from recycled material. […]
Trimet Aluminium SE expanded its production capacity for aluminum sows with the installation of a new casting machine at its smelter in Hamburg, Germany. The facility can now cast around 45,000 tonnes of the aluminum sows — almost doubling capacity. “The new casting machine allows us to respond even more flexibly to our customers’ needs […]
Ellwood Aluminum ordered a new 200,000 lb batch homogenizing furnace for Phase 2 of their aluminum casthouse expansion in Hubbard, OH. When it started operation in early 2020, the new casthouse represented the company’s first entry into the aluminum melting and casting market. The facility is able to produce billet and slab, enabling the company […]
Century Aluminum Company started construction of a new low-carbon billet casthouse at its Norðurál Grundartangi smelter in Iceland. The new $120 million value-added casthouse will be able to produce low-carbon Natur-Al™ billet, as well as increase production of primary foundry alloys. “We are very excited to bring billet production to Grundartangi and, beginning in 2024, […]
Service Center Metals is investing $100 million to expand its casting and extrusion operations in Prince George County, Virginia. The facilities will increase production capacity to meet customer demand, as well as create 94 new jobs. “Our next expansion will be the largest in our history, adding significant capacity to both our billet casting and […]
Mecfor, based in Saguenay, Quebec, Canada, and Advanced Dynamics, based in Saint-Bruno-de-Montarville, Quebec, Canada, are merging their operations. The newly formed company will be known as EPIQ Machinery. “Today’s announcement is the culmination of several years of fruitful collaboration between our two companies,” said Éloïse Harvey, CEO of EPIQ Machinery (and former president of Mecfor). […]
