Europe

Audi Celebrates Five Years Of Lightweight Aluminium And Steel Component Production At  Münchsmünster Plant

Audi Celebrates Five Years Of Lightweight Aluminium And Steel Component Production At Münchsmünster Plant

German automaker Audi AG is marking five years of production at its Münchsmünster facility, which has been producing diecast aluminium components for a wide range of Audi, VW, Bentley, and Lamborghini production models. Begun in the fall of 2013, the Münchsmünster facility...

Events

New LME Alumina Contract To Utilize CRU Alumina Price Index

London commodities consultant CRU Group said yesterday that the London Metal Exchange will soon be using the firm’s CRU Alumina Price Index (CRU-API) in the settlement of the LME’s new cash-settled Alumina futures contract. The new futures contract is set to commence trading on March 11 and will use the CRU-API to settle physical contracts […]

Etem Bulgaria To Split, Invest €30 Million In New Aluminium Extrusion Equipment

A major Bulgarian aluminium extruder announced a plan earlier this week to split into two firms while investing €30 million (US$34 million) in new extrusion equipment. According to local reporting, Etem Bulgaria will be split by Belgian parent company Viohalco into separate units devoted to aluminium extrusion profiles and continued processing of those profiles. Concurrent […]

Gränges Joins Aluminium Stewardship Initiative

Swedish rolled aluminium firm Gränges AB announced yesterday that it is the newest member of the Aluminium Stewardship Initiative (ASI), joining the standards body earlier this month. In joining ASI, Gränges will begin work on achieving certification against the ASI Performance Standard for at minimum one facility or product within the first two years of […]

Endurance Technologies Acquires Fonpresmetal For €8.16 Million

Endurance Technologies Ltd, through its subsidiary Endurance Overseas Srl., Italy (EOSrl), is now the proud owner of Italian aluminium die casting firm Fonpresmetal Gap SpA (Fonpresmetal). The auto-components maker announced the €8.16-million (US$9.3 million) deal in a stock exchange disclosure earlier this week. Per the disclosure, Fonpresmetal will be re-christened Endurance Castings SpA. Its aluminium […]

Finnish Aluminium Profiles Firm Purso Purchases Dutch Firm Nedal

Finnish aluminium profiles firm Purso Group Oy announced last week the purchase of Dutch competitor Nedal Aluminium B.V. for an undisclosed sum. Purso’s purchase of the Hunter Douglas subsidiary represents its biggest corporate acquisition to date. Purso’s acquisition of Nedal includes a production plant in Utrecht with three extrusion lines dedicated to the production of […]