Europe

Alro Slatina Predicting Slimmer Bottom Line In 2019 Due To Rising Electrical Costs

Alro Slatina Predicting Slimmer Bottom Line In 2019 Due To Rising Electrical Costs

Though the firm expects a 2-percent bump in revenues this year, Romanian aluminium company Alro SA (Alro Slatina) warned last week that net profits for the year are likely to fall by 78 percent from last year’s level. A report released by...

Events

Recovery Underway At Norsk Hydro After Cyber Attack

Norsk Hydro ASA yesterday provided an update regarding the cyber attack the firm experienced earlier this week, indicating that significant progress has been made toward returning their IT system to service. Per the firm, its technical team has been collaborating with third-party specialists to track down the source of the attack. At present a plan […]

Gränges Kicks Off Series Of Long-Term Sustainability Goals

Swedish rolled aluminium firm Gränges AB announced yesterday an initiative to achieve benchmarks for sustainable production and global competitiveness along the entirety of its value chain. The firm’s press release described a set of five sustainability targets that Gränges expects to meet by 2025, consisting of a reduction in accidents per million hours worked to […]

Constellium To Add New Automotive Extrusion Press To Singen Plant

Amsterdam rolled and extruded aluminium leader Constellium N.V. revealed plans earlier this week to expand its extrusion operations at a plant in southern Germany. Per the firm, the plant in Singen will see a new 8,000 m2 hall containing a new extrusion press dedicated to automotive aluminium production. Constellium says the new line will employ […]

Heesen Debuts New All-Aluminium Hulled Motor Yacht

Dutch yachtmaker Heesen Yachts B.V. revealed on Tuesday that it will soon be marketing a new motor yacht featuring a hull made entirely of aluminium alloy. Dubbing the offering 5000 Aluminium Class: Project Aquamarine, the vessel features an all-new hull design developed by the firm in conjunction with leading hydrodynamicists at Van Oossanen Naval Architects. […]