Europe

Norsk Hydro Announces NOK150 Million Investment In Advanced Automotive Aluminium Production Equipment At Husnes Plant

Norsk Hydro Announces NOK150 Million Investment In Advanced Automotive Aluminium Production Equipment At Husnes Plant

Norwegian aluminium producer Norsk Hydro ASA announced yesterday the planned upgrade of equipment at Hydro Husnes that will allow it to offer advanced aluminium products to automotive manufacturing customers. Hydro says the NOK150 million (US$17.6 million) investment will consist largely of the...

Events

Gränges Boosts Financial Flexibility With New Credit Facility Agreements

Swedish rolled aluminium firm Gränges AB said yesterday that it has refinanced a 2016 credit agreement it negotiated for the purchase of American subsidiary Gränges Americas Inc. Gränges indicates that the new credit facility is a revolving facility of SEK2,000 million and a term of 3 years with an option to extend for another 2 […]

Constellium Inks Deal To Provide Specialty Aluminium For New Blue Origin Heavy-Lift Launch Vehicle

Amsterdam rolled and extruded aluminium leader Constellium N.V. revealed yesterday the signing of a multi-year contract with American aerospace manufacturer Blue Origin to provide specialty aluminium for the production of the firm’s launch vehicles. Constellium says this new agreement is but the latest in a long collaboration between the two firms. The aluminium manufacturer has […]

Rusal Signs Agreement with Tiocomposite To Develop Specialty Concrete Using Red Mud

Russian Federation aluminium major U.C. Rusal announced yesterday the signing of a memorandum with state-run technology firm Tiocomposite to commence testing of the production of sulfur polymer concrete utilizing waste product generated in the refining of alumina. The deal announced yesterday represents an agreement in principle, as Rusal says the particulars are to be fleshed […]

Hydro Aluminium Rolled Products Earns ASI’s Performance Standard Certification

Norwegian aluminium firm Norsk Hydro ASA subsidiary Hydro Aluminium Rolled Products GmbH has become the most recent firm to be certified against the Aluminium Stewardship Initiative (ASI)’s Performance Standard for environmental, social, and governance performance. The ASI made the announcement on its website yesterday, noting the firm is the 20th recipient of the organization’s certification […]