Gränges AB

Gränges Raises Operating Profit To SEK851 MM In Year’s First Half

Gränges Raises Operating Profit To SEK851 MM In Year’s First Half

Swedish rolled aluminium firm Gränges AB released results for the first half of the year on Friday. The firm experienced continued strong profits in the period as well as enjoying a solid cash flow. In the second quarter Gränges saw sales volumes...

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Events

Gränges Plans SEK600 MM Investment In Aluminium Battery Foil Production

Gränges Plans SEK600 MM Investment In Aluminium Battery Foil Production

Swedish rolled aluminium firm Gränges AB announced this week a SEK600 million (US$58 million) investment in increasing its aluminium battery foil production over the next two years at its Finspång plant. Gränges says it aims to increase its market share of the quickly growing demand for battery and electrification components in both North America and […]

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Gränges Enters Into Two New Sustainability-Linked Credit Facility Agreements

Gränges Enters Into Two New Sustainability-Linked Credit Facility Agreements

Swedish rolled aluminium firm Gränges AB announced this week that it has entered into two new credit facility agreements, both of which are linked to sustainability goals. One new credit agreement is for SEK3,500 million and a tenor of three years. The term loan totals US$100 million and has a tenor of three years as […]

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Gränges Joins SBTi With Commitment To Climate Neutrality By 2040

Gränges Joins SBTi With Commitment To Climate Neutrality By 2040

Swedish rolled aluminium firm Gränges AB announced this week that it has set as its goal to become climate neutral by 2040, and it intends to meet that goal by committing to targets established by the Science-Based Targets initiative (SBTi). Per the firm, it has already made significant progress towards its current sustainability goals, cutting […]

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Fire Breaks Out At Gränges Cold Rolling Mill In Poland

Fire Breaks Out At Gränges Cold Rolling Mill In Poland

Swedish rolled aluminium firm Gränges AB announced yesterday that a fire broke out in its cold rolling mill production facility currently under construction in Konin, Poland. Per the firm, a portion of the equipment on site was damaged, but there were no injuries to any of the people on site. The production equipment had yet […]

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Gränges To Expand NE Arkansas Plant To Produce Aluminium Battery Cathode Foil

Gränges To Expand NE Arkansas Plant To Produce Aluminium Battery Cathode Foil

Swedish rolled aluminium firm Gränges AB announced an expansion this week to its Newport, Arkansas production facility to begin production of battery cathode foil, making it the first to produce battery cathode foil in the United States to date. Per the firm, battery cathode foil is a critical component for lithium-ion batteries, which are essential […]

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