Novelis Inc., the world’s leading producer of aluminum sheet for automobiles, has seen an increase of more than 20 percent in the number of automotive applications of its lightweight material compared to a year ago. About 90 models of cars and light trucks today use Novelis aluminum sheet for a... Read more..
Quintiq, a leading provider of advanced planning and scheduling (APS) solutions, announced that it has won a contract from the Novelis Rogerstone aluminum rolling mill in the United Kingdom to provide a supply chain scheduling solution for the plant’s cold bay. This agreement follows the successful... Read more..
Kaiser Aluminum announced that the applicable energy surcharge for August shipments of fabricated products will be: 6xxx alloys: $0.048 per pound All other alloys: $0.066 per pound The surcharges are based on a calculation tied to indices provided by the U.S. Department... Read more..
Kaiser Aluminum (NASDAQ:KALU) announced that beginning July 1 it will incorporate surcharges for all new orders of fabricated aluminum products. The decision is based on an effort to reduce exposure to rising costs for natural gas, electricity and diesel fuel. “These surcharges are essential to mitigate... Read more..
China will help build a $400 million aluminum smelter in Trinidad’s southern region, according to the leader of the Caribbean island. Prime Minister Patrick Manning did not say when construction would start or how many tons of aluminum would be produced yearly. Trinidad would run the factory using... Read more..
Alcoa announced it has agreed with ORKLA ASA to exchange their stakes in a Norwegian smelting partnership and a Swedish extrusion joint venture in order to focus on their respective areas of expertise and best practices. Alcoa will receive Orkla’s 50 percent stake in Elkem Aluminum ANS while Orkla... Read more..
Noranda Aluminum Holding Corporation today announced a company-wide workforce and business process restructuring that will reduce Noranda’s operating costs, conserve liquidity and improve operating efficiencies. This restructuring is expected to generate cash cost savings and operating efficiencies... Read more..
Alcoa announced that it is featuring numerous examples of how green buildings start with Alcoa aluminum at the Greenbuild International Conference and Expo, which starts today in Boston. The Alcoa booth (#126) provides an overview of the many aluminum products that help the building and construction... Read more..
Indalex Inc. is investing $1.2 million to improve material flow at its Elkhart, Indiana aluminum extrusion plant, bringing total investment in Midwest manufacturing operations to more than $26 million this year. The improvement project at Elkhart, part of the company’s Manufacturing Improvement Strategy,... Read more..
Sherwood Copper Corporation have entered into a Letter Agreement to combine, by way of a plan of arrangement or other form of business combination, to create a well-funded, low-cost, growth-oriented, copper company with two producing mines in mining friendly jurisdictions in North America. The two companies... Read more..