Business

Ball Corporation To Purchase Brazil’s Aluminium Aerosol Firm Tubex For US$80 Million

Ball Corporation To Purchase Brazil’s Aluminium Aerosol Firm Tubex For US$80 Million

Last week Colorado’s Ball Corporation entered into an agreement to purchase Brazilian aluminium aerosol firm Tubex Industria E Comercio de Embalagens Ltda for US$80 million. According to Ball, the purchase will enhance the firm’s presence in South America, as the demand for...

Events

Arbitrator Compels Sale Of Aleris’s Lewisport Plant For DOJ Approval Of Novelis Buy-Out

The arbiter assigned to the dispute between the United States Department of Justice and Atlanta’s rolled and recycled aluminium firm Novelis Inc. determined Aleris must sell its plant in Lewisport, Kentucky to satisfy the department’s antitrust concerns in relation to Novelis’ buy-out. Earlier this week the arbitrator found that aluminium and steel are not of […]

EGA Extends Alumina Deal With Vinacomin Through 2023

Emirates Global Aluminium PJSC (EGA) announced yesterday the signing of a new three-year deal with Vietnam’s Vinacomin for the supply of alumina to EGA’s smelters. The new agreement extends a contract between the two firms that was initially begun toward the end of 2017 and was slated to expire at year’s end. EGA will continue […]

Tariffs On Brazil Aluminium Imports Still A Possibility: Trump

Though praising the country’s executive, United States President Donald Trump did not indicate that he would back down on planned aluminium and steel tariffs against Brazilian exporters to the US. Trump was queried by reporters late last week at a dinner at Mar-a-Lago between himself and Brazilian president Jair Bolsonaro by reporters regarding the possibility […]

Blaze At Albras Halts Aluminium Smelting At One Of Four Potlines

An electrical fire late last week at Norsk Hydro’s Albras Alumínio Brasileiro S.A.’s (Albras) in Brazil has shut down one of the plant’s four production lines, and the firm has yet to reveal a timetable for the resumption of smelting on the line. Hydro says the fire started for as-yet-undetermined reasons on Friday morning local […]