Business

Zhongwang Seeks Legal Advice Over United States Criminal Charges Of US$1.8 Billion In Tariff Evasion

Zhongwang Seeks Legal Advice Over United States Criminal Charges Of US$1.8 Billion In Tariff Evasion

China Zhongwang responded to a United States criminal indictment against it and its controlling shareholder Liu Zhongtian on Sunday, saying that despite being served no official notice of the charges, the company has already sought out legal advice regarding the matter. In...

Events

Novelis Debuts New 25 Percent Stronger Automotive Aluminium Alloy

Atlanta’s rolled and recycled aluminium firm Novelis Inc. announced yesterday the launch of a new aluminium alloy designed specifically for automotive body sheet. The new alloy, christened Advanz 6HS-s650, is a 6xxx-series aluminium alloy that Novelis says surpasses the automotive industry’s standards for strength, lightweighting, formability, performance, and structural integrity. With a reported in-service strength […]

Alcoa Sells Avilés And La Coruña Plants To Swiss Investment Firm PARTER

Pittsburgh aluminium pioneer Alcoa Corporation announced yesterday the sale of the Avilés and La Coruña plants in Spain to Swiss private equity investment group PARTER Capital Group AG for an undisclosed sum. Included in the sale of the subsidiaries is the casthouse and curtailed smelters at both sites and La Coruña’s paste plant. PARTER has […]

Trio Of Alcoa Plants Certified By Aluminium Stewardship Initiative

Pittsburgh aluminium pioneer Alcoa Corporation and the Aluminium Stewardship Initiative (ASI) announced on Tuesday the certification of three of Alcoa’s plants, one each in the company’s three business units. Brazil’s Juruti bauxite mine and Alumar alumina refinery, along with the San Ciprián aluminium smelter in Spain, were all certified against ASI’s Performance Standard for responsible […]