extruded aluminium

Capral Shareholders Nix Allegro’s Buyout Offer

Capral Shareholders Nix Allegro’s Buyout Offer

The biggest aluminium extruder and distributor in Australia rebuffed a potential buyout offer, as Capral Aluminium’s shareholders find the offer from Allegro undervalues the firm. Shareholders made their voice known in a vote last week, rejecting the offer after the board of...

Events

Kobelco Opens Expansion At Kentucky Extruded Aluminium Automotive Parts Plant

Kobe Steel, Ltd’s U.S. subsidiary Kobelco Aluminum Products & Extrusions Inc. (KPEX) inaugurated a new aluminium extrusions plant in Bowling Green, Kentucky on Wednesday. The plant, which is one of two operated by Kobelco in Bowling Green, manufactures and sells aluminium extrusions and fabricated products to buyers in the United States. The plant runs an […]

Norsk Hydro Agrees To Sell Romanian Extrusion Plant To Austrian Firm For Undisclosed Sum

Norwegian aluminium producer Norsk Hydro ASA yesterday announced the signing of an agreement with Austrian firm Hammerer Aluminium Industries (HAI) to sell Romanian extrusion plant Hydro Extrusion SRL. Terms of the transaction were not released, but Hydro indicated that the sale would likely be complete by year’s end. Hydro indicated that the decision to sell […]

Etem Bulgaria To Split, Invest €30 Million In New Aluminium Extrusion Equipment

A major Bulgarian aluminium extruder announced a plan earlier this week to split into two firms while investing €30 million (US$34 million) in new extrusion equipment. According to local reporting, Etem Bulgaria will be split by Belgian parent company Viohalco into separate units devoted to aluminium extrusion profiles and continued processing of those profiles. Concurrent […]

Finnish Aluminium Profiles Firm Purso Purchases Dutch Firm Nedal

Finnish aluminium profiles firm Purso Group Oy announced last week the purchase of Dutch competitor Nedal Aluminium B.V. for an undisclosed sum. Purso’s purchase of the Hunter Douglas subsidiary represents its biggest corporate acquisition to date. Purso’s acquisition of Nedal includes a production plant in Utrecht with three extrusion lines dedicated to the production of […]

AEC Welcomes Aluminium Extrusion Transshipment Determination By U.S. Government Against Two Chinese Firms

American aluminium trade group The Aluminum Extruders Council (AEC) yesterday greeted the news that the Federal government determined that imports from Chinese firm Sun Bright International Corporation and Fair Importing Corporation constitute illicit transshipment of extruded aluminium into the United States. Earlier this week U.S. Customs and Border Protection (CBP) released results of its Enforce […]