Aleris Inks Deal with UAE Firm to Market Architectural Aluminium Alloy

Aleris Inks Deal with UAE Firm to Market Architectural Aluminium Alloy

Ohio’s Aleris International, Inc. announced a partnership earlier this week with Dubai’s MJ Building Materials TradingDMCC to promote its proprietary architectural aluminium alloy 55HX to construction firms in the region. Aleris’s 55HX alloy is designed to be used in a wide range...


Liu Zhongtian – A Magnet for Controversy

The Chinese aluminium magnate Liu Zhongtian has been busy over the past several months. His latest move, namely his firm’s purchase of US firm Aleris, came as a shock to many in the market for a variety of reasons. Zhongwang USA LLC, an investment company owned by China Zhongwang’s parent company Zhongwang International Group Ltd, […]

Aleris Purchased by Zhongwang for US$2.33 bln

Cleveland’s Aleris Corporation announced today that it has been purchased by Zhongwang USA LLC, a firm owned by China Zhongwang’s Liu Zhongtian. According to the press release, the purchase price was US$2.33 billion. Aleris indicated that the purchase price was made up of US$1.1 billion in cash, with the balance being debt. Zhongwang, which is […]

Aleris Lands Long-Term Supplies Contract with Airbus

Cleveland rolled and extruded aluminium firm Aleris announced yesterday that it has secured a long-term supply contract with French aerospace firm Airbus SAS. According to the press release, the multi-year contract will have Aleris supplying Airbus aluminium plate and sheet (including advance wing-skin material) for use on the entirety of Airbus’ offerings, beginning in 2017. […]