Gränges completed the acquisition of a casting and hot rolling facility in the Shandong Province, China. The purchase was made as part of its long-term strategic partnership with Shandong Innovation Group (SIG), with SIG obtaining 20% of the outstanding shares of the new facility. This will support the company’s growth in the Asian automotive market. […]
Gränges recently formed a strategic, long-term partnership with aluminum recycler, Scepter, Inc. Under the agreement, Scepter will supply recycled aluminum ingots to Gränges’ rolling and recycling centers in the U.S. “Gränges is committed to reducing the carbon footprint of our products and thereby also helping our customers on their decarbonization journey. This agreement is a […]
By Geoff Scamans, BCAST at Brunel University London and Innoval Technology. Vehicles must become inherently more efficient and lightweight if automotive OEMs are to meet global emissions targets. The implementation of aluminum has helped move OEMs toward this goal, and as a result, there has been significant growth in aluminum intensive vehicles (AIVs) over the […]
Reducing greenhouse gas emissions and combatting climate change are priorities for the aluminum industry. However, the sector needs to move comprehensively toward net-zero carbon in a way that addresses all other aspects of sustainability. With this aim in mind, the International Aluminium Institute (IAI) launched Aluminium Forward 2030, a coalition of IAI’s 25 production members […]
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 […]
Gränges is expanding its production facility in Newport, Arkansas, to enable production of aluminum battery cathode foil. This kind of foil is a critical component in the manufacturing of the lithium-ion batteries necessary for a transition to electric vehicles. “With this investment, we will be the first domestic producer of battery foil,” said Patrick Lawlor, […]
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. […]
Gränges AB, headquartered in Stockholm, Sweden, signed a memorandum of understanding (MOU) with A3D Operations Pty. Ltd., a wholly owned subsidiary of Aurora Labs Ltd., a metal 3D-printing developed based in Bibra Lake, Australia. Under the agreement the two companies will collaborate in marketing research to better understand the opportunities for the use of aluminum […]
Gränges plans to restart production at its Newport, Arkansas facility, following US$26 million in investments to upgrade existing foil rolling mills and equipment. The facility focuses on light gauge aluminum foil for various consumer applications. The short term capacity in Newport will be 20,000 tonnes annually, which the company expects to increase over the coming years. “This is […]
