Hindalco Industries

Hindalco Mulling Exporting Excess Alumina Production

Hindalco Mulling Exporting Excess Alumina Production

Cursed with an overabundance of alumina production, India’s Hindalco Industries Ltd is considering selling the excess to overseas buyers. According to comments made by Hindalco’s chairman Kumar Mangalam Birla, Utkal Alumina International Ltd has been producing more of the aluminium precursor than...

Events

India’s Aluminium Firms Register Protest Against Odisha’s Massive Hike in Power Duty

Indian aluminium giants National Aluminium Company Limited (Nalco), Vedanta Resources plc, and Hindalco Industries Ltd. have joined in a petition to the state government of Odisha seeking revocation of a recent gargantuan hike in the state’s power duty that they say has had a tremendous negative impact upon production costs. Odisha’s power duties have risen […]

Hindalco Plans High-End Aluminium Alloy Plate Plant to Serve Defense Sector

Hindalco Industries Ltd. will soon begin producing high-end aluminium alloy plate for India’s defense industry. The firm’s managing director Satish Pai revealed the fact during an interview with domestic media on Tuesday. The plant will take two years to build and is estimated to require an investment of US$307 million, part of which may be […]

Record Highs Litter Hindalco’s FY2017 Financial and Production Results

Mumbai’s Hindalco Industries Ltd. released results for the fiscal year ending on March 31, boasting record highs in several financial and production categories. The Aditya Birla Group subsidiary turned in a record consolidated EBITDA for the fiscal year of INR13,558 crore, an increase of over one-third year-on-year. EBITDA for the firm’s aluminium operations rose by […]

India needs to expand its secondary aluminium production to tap into global markets

In the worldwide aluminium business, the focus is increasingly shifting to downstream activities. The processing of primary aluminium in secondary smelters for value addition churns out useful, semi-finished products like rolled extrusions, fabrications and also finished items that find applications in automobile & transportation, construction, packaging, power and consumer products industries. In terms of supply […]