GFG Alliance wins bids for french automotive suppliers Saint Jean Industries poitou and Fonderie du
Sanjeev Gupta’s GFG Alliance, has through its industrial business Liberty, won its bid to acquire two French vehicle components suppliers in Poitou in the region of Nouvelle Aquitaine. Following rulings this week by the courts of Administration in Lyon and Poitiers, Liberty has become the owner of Saint Jean Industries Poitou and Fonderie du Poitou Fonte, and in so doing has secured hundreds of jobs dependent on them. As a result of the rulings, GFG is now in a position to commence the implementation of a comprehensive recovery plan for the plants including, a refreshed...
GHI will invest in improving its facilities and processes after growing 20% in 2018
After a successful 2018 in which GHI has doubled its growth forecast, reaching almost 20% growth and surpassing 30 million euros of turnover, this year the investments of GHI will be focused "to the improvement of our facilities and processes with the goal of increasing our efficiency and productivity ", according to José Domingo Berasategui, General Manager of the company. To the aforementioned growth in last year’s turnover was added the reinforcement of the workforce with more than 25 new employees. The firm also expanded the resources allocated to...
Alufer update
Alufer Mining Limited has announced that operations are on track to produce the annual run rate of 5.5 million tonnes per annum in 2019 and logistics are working well from pit to port. The team continues to streamline and optimise each part of the system and the transhipment process is also performing well with loading rates and barge cycle times running efficiently. Management are now looking to the next phase of the project and have conducted preliminary engineering studies to evaluate the expansion to a 10mtpa operation. Initial economics from these studies are robust and...
Former Alcoa Leaders Join to Form Leading Automotive Aluminum Consulting team
Automotive Aluminum Advisors have announced the addition of three globally recognised aluminium industry technology experts to its team, assembling one of the most experienced advanced aluminium technology and engineering consulting teams in the world. These additions solidify the company’s position as an industry leading consultant group within three focus areas of automotive supplier business development, aluminium technology & engineering, and advanced research and development. Daniel Bryant is a former Technical Fellow at the Alcoa Technical Center who has led the...
REPORT: U.S. Foil Investments Up After AD/CVD Decision Drives Down Imports from China
Today, the Aluminum Association released a new white paper, Targeted...
Metal Exchange Corporation creates new joint venture company, novALmec.
Metal Exchange Corporation (MEC) has announced a new joint venture with Novellini Industries, located in Mantova, Italy. The newly formed company called novALmec presents an impressive aluminium billet supply capability to the European market. Metal Exchange Corporation brings into the venture its worldwide procurement network in aluminium scrap markets, four decades of expertise from its billet casting facilities in the US, and strong billet sales and marketing capability. Novellini is contributing its 22,000mt. state-of-the-art foundry for the production of secondary aluminium...
Novelis’ lightweight, high-strength aluminium helps RAV4 achieve weight savings
Novelis Inc., has announced it is supplying Toyota Motor Corporation with premium aluminium automotive body sheet for the all-new 2019 Toyota RAV4. The RAV4 is Toyota’s number-one-selling vehicle and the best-selling non-pickup-truck in the country. With a new-and-improved design that includes Novelis aluminium in the hood, fenders and lift gate, the fifth-generation model of the RAV4 is four percent lighter than previous models. “Novelis is proud to expand our partnership with Toyota as the company takes the RAV4 to the next level of safety, performance and...
Aluminium Rheinfelden mourns the death of its founder Dr Alois Franke
The company Aluminium Rheinfelden is herewith announcing the death of its founder and partner Dr Alois Franke a few days ago at the age of 78, following a prolonged period of illness. Dr Franke had entrusted the management of the company at an earlier date to his daughter Erika Zender. “We all, family and company, are distressed by the news of the death of our father and company founder Dr Franke,” says Erika Zender. “My father has rendered great services to Aluminium Rheinfelden, transforming the company into an internationally renowned solution provider for...
Novelis Hosts Ribbon Cutting Celebration for $4.5 Million Investment at Warren Facility
Novelis, Inc., hosted a ribbon cutting celebration on 15th April to commemorate a $4.5 million investment at its facility in Warren, Ohio. The investment, announced in Nov. 2017, provides greater versatility for pretreatments, improves operational efficiency and reduces costs over time. “It is an exciting day for our facility as we complete this upgrade,” said Paul Nelson, Plant Manager. “We are committed to shaping a sustainable world together, and this investment allows us to sustain our business here in Warren for many years to come.” Mayor William...
Major fire at the Bécancour Aluminium Smelter
According to the Sûreté du Québec, a fire broke out at the Bécancour Smelter this morning.
Witnesses report that an explosion preceded it.
The City of Bécancour confirmed that the firefighters who were dispatched on site were able to confirm a significant release of smoke.
On Twitter, the Minister of Labor, Jean Boulet, said there had been no injuries and firefighters were still there.
The aluminium smelter has been operated by executives since the lock-out of some 1,000 workers who have been raging for more than 15 months, since...