Gränges AB

Gränges Kicks Off Series Of Long-Term Sustainability Goals

Gränges Kicks Off Series Of Long-Term Sustainability Goals

Swedish rolled aluminium firm Gränges AB announced yesterday an initiative to achieve benchmarks for sustainable production and global competitiveness along the entirety of its value chain. The firm’s press release described a set of five sustainability targets that Gränges expects to meet...

Events

Gränges to Reopen NW Arkansas Rolling Mill in Q1 2019 After US$26 MM in Upgrades

Swedish rolled aluminium firm Gränges AB yesterday disclosed that it will soon restart production at its aluminium rolling mill in Newport, Arkansas. The company will invest around US$26 million in the plant prior to its reopening, primarily to upgrade equipment already on site. Per the company, upgrades should be complete and production will commence by […]

Gränges Partners with Nevada Firm on Trials of Scandium-Aluminium Alloys

Swedish rolled aluminium firm Gränges AB revealed yesterday the signing of a letter of intent with United States firm Scandium International Mining Corp. to form a partnership to explore the use of scandium-aluminium alloys in heat exchanger applications. According to Scandium International, the firm will contribute samples of scandium-aluminium alloys to Gränges, who will test […]

Gränges to Issue Short-Term Commercial Paper Program

Swedish rolled aluminium firm Gränges AB announced yesterday a new commercial paper program that will soon join the firm’s other financing programs. According to the relevant press release, Gränges will soon issue short-term paper in the amount of SEK1.5 billion (US$187 million), with a term of issue of under one year. Gränges CFO and deputy […]

Gränges and Mitsubishi Aluminium Announce North American Auto Parts JV

Rolled-aluminium manufacturer Gränges AB and Japan’s Mitsubishi Aluminum Co., Ltd. announced a new joint venture between the two firms last week. The North American venture will see the two firms cooperate in the production of advanced aluminium materials for use in brazed automotive heat exchangers. According to the announcement, the as-yet named joint venture will […]

Gränges Announces US$110-Million Expansion at Tennessee Aluminium Rolling Mill

Rolled-aluminium manufacturer Gränges AB announced yesterday an investment of US$110 million in a two-year expansion project at its rolling mill in Huntingdon, Tennessee. According to the firm, the move is an effort at meeting the growing demand for rolled aluminium products including light-gauge foil, automotive heat exchangers, and HVAC components. In addition to serving customer […]