Asia

Hindalco To Push Value-Added Aluminium Sales To 1 Million MTPA: Pai

Hindalco To Push Value-Added Aluminium Sales To 1 Million MTPA: Pai

Indian aluminium producer Hindalco expects to spend ₹26 billion (US$370 million) in capital expenditures over the course of the current year, most of which will be devoted to speeding expansion operations at its Utkal alumina refinery and as part of its five-year...

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Events

Indian Aluminium Can Stakeholders Form Advocacy Group

Indian Aluminium Can Stakeholders Form Advocacy Group

A trio of Indian firms have teamed up to launch a national consortium dedicated to promoting the use of aluminium cans for beverage packaging. Hindalco Industries Ltd, Ball Beverage Packaging (India) Pvt Ltd, and Can-Pack India Pvt Ltd announced earlier this week the formation of the Aluminium Beverages Can Association of India (ABCAI). The Association […]

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Nalco To Find Haven In Value-Added Products As Aluminium Prices Level Off

Nalco To Find Haven In Value-Added Products As Aluminium Prices Level Off

Thanks in part to rising production costs and shrinking prices at the LME, Indian aluminium manufacturers are working towards increasing value-added offerings to their product line ups. Though sanctions boosted raw aluminium prices to multi-year highs a year ago, prices have since fallen back to Earth after the sanctions were lifted in January. Additionally, the […]

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Alba’s Line 6 Reaches Halfway Point In Start-Up Process

Alba’s Line 6 Reaches Halfway Point In Start-Up Process

Aluminium Bahrain B.S.C. reached the halfway point on start-up at its new Line 6 after successfully bringing another 106 pots online last week, bringing the total number of operational pots to 212. Alba held an event on Tuesday to mark the occasion, which was attended by officials from both Alba and construction contractor Bechtel. “We […]

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Difficult Aluminium Market Leads To Bottom-Line Struggles For Alba In Q1

Difficult Aluminium Market Leads To Bottom-Line Struggles For Alba In Q1

Aluminium Bahrain B.S.C. released results for the year’s opening quarter earlier this week. Lower LME prices teamed up with higher alumina prices to squeeze the firm’s bottom line over the year’s first three months. In the year’s first quarter Alba reported a net loss of BD 15.8 million (US$42 million), reversing a net profit of […]

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