Europe

ALRO Achieves First Certification Under Aluminium Stewardship Initiative’s Third Version Of Performance Standard

ALRO Achieves First Certification Under Aluminium Stewardship Initiative’s Third Version Of Performance Standard

The Aluminium Stewardship Initiative (ASI) said last week it has certified ALRO’s operations in Slatina, Romania, under its Performance Standard V3. ALRO is the first recipient of certification under the third version of the ASI Performance Standard. The new certification at ALRO...

Events

GFG Alliance Cuts Production At UK Facilities Due To High Energy Costs

Sanjeev Gupta’s Liberty Steel will be idling two plants in the United Kingdom and cutting production at several others on account of high energy prices. Liberty Steel’s parent company GFG Alliance said that its plant at Newport, Wales and West Bromwich will fall idle soon, while production at its Rotherham plant will be reduced. In […]

Norsk Hydro Teams Up With World Wide Wind On Offshore Wind Turbine Project

Norwegian aluminium producer Norsk Hydro ASA and compatriot floating wind turbine producer World Wide Wind AS have agreed to collaborate on the use of aluminium in renewable wind industry. Ultimately the partnership hopes to yield a design for a floating wind turbine specific to offshore conditions. The two firms say they are working toward incorporating […]

Norsk Hydro Invested NOK3 Billion In Green Transition Projects In Last Two Years

Norway’s aluminium titan Norsk Hydro ASA said this week that it has invested NOK3 billion (US$306 million) in five of its aluminium smelters to date, with plans in the coming years to continue such investments. The firm said in the past two years it has made substantial green investments in Karmøy, Husnes, Høyanger, Årdal, and […]

Gränges Enters Into Two New Sustainability-Linked Credit Facility Agreements

Swedish rolled aluminium firm Gränges AB announced this week that it has entered into two new credit facility agreements, both of which are linked to sustainability goals. One new credit agreement is for SEK3,500 million and a tenor of three years. The term loan totals US$100 million and has a tenor of three years as […]