Constellium N.V.

Bump in Shipments and Robust Aluminium Demand Buoy Constellium’s Q1 Numbers

Bump in Shipments and Robust Aluminium Demand Buoy Constellium’s Q1 Numbers

Dutch aluminium extruder Constellium N.V. reported financial results for the first quarter of 2017 yesterday. Increased shipments, solid demand, and cost-saving changes to its pension plan helped the company turn in generally strong numbers in the quarter. The firm shipped 375 thousand...

Events

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 to transition him to its official Chief Financial Officer on January 1. The […]

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 […]

Experts See Increasing In-Roads in Western Aluminium Industry by Chinese Firms

Industry analysts see an expansion of aluminium firms from the People’s Republic of China into the worldwide automotive and aerospace markets. Such a move may set off a frenzied buying spree of Western metals companies by Chinese firms, they predict. According to experts, Chinese firms are moving into the more lucrative areas of the aluminium […]

Noranda Inks Agreement with Remaining Creditors, Nominates Stalking-Horse Bidder for Remaining Upstream Assets

Franklin, Tennessee’s Noranda Aluminum Holding Corporation announced on Friday that it has negotiated a global settlement agreement with several of the lenders with outstanding claims against Noranda. The document will be submitted to the bankruptcy court handling Noranda’s Chapter 11 proceedings for approval during a hearing later this month. The agreement, among the firm’s secured […]

Constellium Inks Contract to Supply Aluminium Alloy to US Army R&D Program

Dutch aluminium products firm Constellium N.V. announced yesterday that it has secured a deal with the United States Army Tank Automotive Research Development and Engineering Center (TARDEC) to supply material for the center’s Combat Vehicle Prototype (CVP) platform. Per the agreement, Constellium will provide its proprietary aluminium alloy, which is to be used for the […]