Aditya Birla Group

Hindalco Joins Aluminium Stewardship Institute As Production And Transformation Member

Hindalco Joins Aluminium Stewardship Institute As Production And Transformation Member

Indian aluminium producer Hindalco Industries Limited joined The Aluminium Stewardship Initiative (ASI) last month as a new production and transformation member. Hindalco is the flagship company of Aditya Birla Group. The firm operates an integrated alumina refinery and aluminium smelter in Renukoot,...

Events

Hindalco To Increase Exports Of Aluminium To Offset Drop In Domestic Demand

Indian aluminium smelter Hindalco said last week it plans to increase overseas sales of its output in the coming year to almost two-thirds, raising it from last year’s half-and-half split between domestic and foreign sales. According to statements made by managing director Satish Pai, the move is the result of a significant downturn in domestic […]

Hindalco Halts Operations At Jharkand Alumina Refinery After Red Mud Release

The collapse of a red-mud storage area and resulting injuries prompted Hindalco Industries to suspend operations at an alumina plant in Northeast India. Per the firm, the collapse injured four workers, while a fifth contract employee disappeared and is still missing. “There was an incident in the red mud (bauxite residue) storage area connected to […]

Continuing Rebound in Aluminium Prices Boost Hindalco’s Q3 Net Profits by 17 Percent

Aditya Birla Group’s aluminium arm Hindalco Industries Ltd. released results for the just-ended third quarter of fiscal year 2018 late last week. The firm’s financials were markedly improved in the quarter thanks to the recovery of aluminium prices among other factors. The firm’s revenues in the quarter of INR11,023 crore were up quarter-on-quarter from last […]

Hindalco Seeking Government Go-Ahead to Double Utkal Alumina Refinery Output to 3 MTPA

In an effort at shoring up the feedstock stream into Hindalco’s Aditya smelter, Aditya Birla Group’s Utkal Alumina International Ltd has petitioned the Indian government for permission to double the alumina output of its Odisha refinery to 3 million metric tons per annum. According to domestic media, Utkal delivered its petition to the expert appraisal […]

Sources Say Hindalco Offering US$2.5 Billion for Rolled Aluminium Firm Aleris

Hindalco Industries Ltd. has tendered an offer to buy Cleveland rolled aluminium firm Aleris International, Inc. for US$2.5 billion according to unnamed sources who spoke to Bloomberg earlier this week. According to the unnamed sources, the move is part of Kumar Mangalam Birla’s continuing gambit to grow his global industrial footprint. Per the sources, the offer […]