extruded aluminium

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

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...

Events

Constellium Expands Automotive Aluminium Offerings At Czech Republic Plant

Amsterdam rolled and extruded aluminium leader Constellium N.V. announced to the world yesterday its plans to expand operations at its plant in Decin, Czech Republic in an effort at meeting the ever-rising demand for aluminium profiles the firm’s customers continue to present it. Constellium’s plans for the site include a new casthouse and extrusion press, […]

North American Aluminium Sheet Orders Rose in November, But Plate Orders Lagged

According to data recently released by the Aluminum Association, orders for aluminium mill products in North America were off by 3.6 percent from October’s totals and down by 0.2 percent from the same time last year. Overall, mill product orders were strong in the year’s first eleven months, besting last year’s eleven-month total by 1.3 […]

Norsk Hydro Closes On Purchase of Remaining Interest in Sapa from Orkla

Norsk Hydro A.S.A. announced yesterday that it has completed the acquisition of the remaining shares of Sapa AS, making it the full owner of the firm. The two firms agreed upon an enterprise value for the entirety of Sapa’s operations of NOK27 billion (US$3.37 billion). Adjusted for net debt and normalized working capital, Hydro tendered […]

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 metric tons in the quarter, a four-percent increase year-on-year. Revenue totaled €1,328 million, […]