Gränges Completes Acquisition Of Aluminium Konin
Swedish rolled aluminium firm Gränges AB announced on Friday the completion of its acquisition of Polish flat rolled aluminium producer...
The Aluminium Stewardship Initiative (ASI) and Swedish rolled aluminium firm Gränges AB announced earlier this week that the firm’s Finspång AB plant in Sweden has been provisionally certified against the ASI’s Performance Standard for responsible aluminium production. The plant has been operating...
Swedish rolled aluminium firm Gränges AB announced on Friday the completion of its acquisition of Polish flat rolled aluminium producer...
Swedish rolled aluminium firm Gränges AB said on Thursday that the Salisbury, North Carolina plant has been reopened and the...
Swedish rolled aluminium firm Gränges AB announced earlier this week that it has obtained clearance from the EU Commission to...
Swedish rolled aluminium firm Gränges AB said yesterday it has agreed to buy the remaining 49-percent interest in aluminium billet producer GETEK GmbH from German firm Erbslöh Aluminium GmbH for €8.5 million (US$10.1 million). Per Gränges, GETEK’s addition to its portfolio will help it grow its market share in the aluminium sector by introducing it […]
Swedish rolled aluminium firm Gränges AB announced on Thursday that it has come to an agreement to purchase its Polish counterpart Aluminium Konin from the Boryszew Group for SEK2.3 billion (US$240.8 million). Per the firm, the deal is equal to an EV/EBITDA multiple of 6.9x LTM (Last Twelve Months) from September’s EBITDA. In addition to […]
Swedish rolled aluminium firm Gränges AB advised the market yesterday of an unplanned drop in sales volumes due to unplanned outages in a pair of its plants in the United States. Per the firm, “production disturbances” at plants in Huntingdon and Salisbury have lately taxed production at those sites, combining to cause loss of production […]
Swedish rolled aluminium firm Gränges AB’s Shanghai production facility is the latest plant to achieve certification against the Aluminium Stewardship Initiative’s Performance Standard. The plant’s production includes aluminium strips and plates used in automotive manufacturing applications. ASI notes the certification’s symbol as an ongoing commitment to environmental, social, and governance responsibility. Gränges’s Shanghai plant boasts […]
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 by 2025, consisting of a reduction in accidents per million hours worked to […]
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Between September 24-25, FastmarketsMB organized its annual aluminium conference in Athens. A day before the conference, in accordance with an ...
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