rolled aluminium

Kaiser’s Warrick Aluminium Rolling Mill Earns Provisional ASI Certification

Kaiser’s Warrick Aluminium Rolling Mill Earns Provisional ASI Certification

California semi-fabricated specialty aluminium producer Kaiser Aluminum’s Warrick rolling mill achieved provisional certification by the Aluminum Stewardship Initiative (ASI) against its Performance Standard. The Warrick rolling mill’s new certification covers Ingot casting centers, rolling mills, and finishing production centers located at the...

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Events

Norsk Hydro Sells Aluminium Rolling Business To KPS Capital Partners For €1,380 MM

Norsk Hydro Sells Aluminium Rolling Business To KPS Capital Partners For €1,380 MM

Norwegian aluminium producer Norsk Hydro ASA said yesterday it sold its aluminium rolling business to KPS Capital Partners for €1,380 million as part of the firm’s effort to shore up profitability and encourage sustainability. Hydro’s rolling business includes seven plants, a research and development center, global sales offices, and approximately 5,000 employees. The majority of […]

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JW Aluminum Shutters Williamsport Plant

JW Aluminum Shutters Williamsport Plant

American flat-rolled aluminium producer JW Aluminum announced the closure of their plant in Williamsport, Pennsylvania by month’s end. The firm said it was seeking buyers for the plant, but at the moment the plant will shutter its operations. Stan Brant, Jr., Chief Executive Officer of JW Aluminum, elaborated on the decision in a related press […]

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Gränges Obtains Regulatory Green Light For Purchase Of Aluminium Konin

Gränges Obtains Regulatory Green Light For Purchase Of Aluminium Konin

Swedish rolled aluminium firm Gränges AB announced earlier this week that it has obtained clearance from the EU Commission to proceed with its purchase of Polish flat-rolled aluminium producer Aluminium Konin. Gränges first announced the sale last November, in which it will purchase the Boryszew Group subsidiary for SEK2.3 billion (US$240.8 million). In addition to […]

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Gränges Buys Poland’s Aluminium Konin For SEK2.3 Billion

Gränges Buys Poland’s Aluminium Konin For SEK2.3 Billion

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 […]

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Vedanta Plans Flat-Rolled Aluminium Plant For Eastern India

Vedanta Plans Flat-Rolled Aluminium Plant For Eastern India

A top official at Indian aluminium smelter Vedanta told local media this week that his firm plans to enhance its value-added portfolio with the construction of a INR2,500 crore aluminium flat rolled products plant. The Chief Executive Offiecer of Vedanta Aluminium and Power Ajay Kapur said that the move will be part of a larger […]

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