Europe

Final Month Of U.S. Sanctions Weigh Down Rusal’s Q1 Results

Final Month Of U.S. Sanctions Weigh Down Rusal’s Q1 Results

Russian Federation aluminium giant U.C. Rusal reported first-quarter financial and production results yesterday. Though production and sales remained relatively steady in the quarter, financial numbers struggled due to a drop in prices at the LME and the tail end of sanctions placed...

Events

Jaguar Land Rover Launches New Aluminium Recycling Initiative

British multinational automaker Jaguar Land Rover Limited announced the next step in its aluminium closed-loop program will be a new method for harvesting aluminium from old vehicles for use in aluminium alloys destined to continue on in new vehicles. The initiative, christened REALITY, is under development at present, with initial testing being carried out on […]

Nespresso Calls Upon Competitors To Join In Aluminium Coffee Capsule Recycling Plan

Swiss coffee company Nestlé Nespresso S.A. called upon its competitors in the portioned-coffee market to team up with it in developing a worldwide recycling program for aluminium coffee capsules. At the annual convergence of the Nespresso Sustainability Advisory Board (NSAB) in Geneva, the firm issued the invitation to establish such a global standard, with hopes […]

SIG’s Aseptic Aluminium Cartons Certified By ASI

Swiss food and beverage packaging firm SIG Combibloc Group AG announced last week that it has become the world’s first supplier of aseptic carton packs made from aluminium certified by the Aluminium Stewardship Initiative (ASI). Per the firm, the new offering will allow its buyers to add value by promoting responsible materials sourcing. Users of […]

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 […]