Europe

Constellium Names Peter R. Matt Executive VP and CFO

Constellium Names Peter R. Matt Executive VP and CFO

Amsterdam’s Constellium N.V. announced the appointment of Peter R. Matt as as Executive Vice President and Chief Financial Officer of the firm yesterday. Matt will join the firm and become the Executive Vice President and Chief Financial Officer on Tuesday. Constellium plans...

Events

Gränges Signs On to UN’s Global Compact

Sweden’s Gränges AB announced yesterday that it will adopt and implement the United Nations Global Compact. The UN Global Compact is a principle-based framework for businesses intended to encourage businesses to adopt policies that are both sustainable and socially responsible. The compact states ten principles in the areas of human rights, labor, the environment, and […]

Constellium Opens New Automotive Aluminium Sheet Line in Eastern France

Amsterdam’s Constellium N.V. announced the official opening of its newest finishing line at its plant in Neuf-Brisach, France. The €180 million line is intended to help the firm meet rising demand for aluminium auto body sheet. The almost 800’ line has a production capacity of 100,000 metric tons per annum. It turns out sheet aluminium […]

Norsk Hydro Announces Change in its Corporate Management Board

Norsk Hydro ASA announced yesterday that Executive Vice President and Head of Hydro’s business area Bauxite & Alumina Alberto Fabrini left the firm effective yesterday. He was replaced by Eivind Kallevik on an interim basis until Fabrini’s permanent successor is found. Fabrini joined Norsk Hydro in the autumn of 2013 after an eight-month stint as […]

Sapa Develops Lighter Automotive Brake Line Using Aluminium Alloy

Norway’s Sapa AS has developed a revolutionary new automobile brake line using a high-strength aluminium alloy. The new system, which was announced yesterday, will be officially debuted at IZB in Wolfsburg, Germany later this month. “The entire industry is on a mission to reduce weight in cars as a key to lowering emissions,” explained innovation […]

Rusal’s Aughinish Alumina Back in Black in 2015

The Republic of Ireland’s Aughinish Alumina plant pulled off an astounding reversal in its bottom line, reporting a US$14.4 million pretax profit one year after turning in a US$12.1 million loss. According to financials, the plant’s turnovers dropped four percent, from US$719 million to US$688 million. “The alumina refinery operation was steady and reliable throughout […]