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..
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..
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..
From Amphibville at the Detroit Zoo to the MGM Grand Detroit, Aluminum Supply Company (ASCO) of Detroit has supplied a ton of aluminum building products around Michigan, surrounding states and Canada for the past 60 years. The company is planning a three-day celebration Aug. 12, 13 and 14 from 11:30... 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..
The news on Suriname’s mining industy has been very important lately since the spread of news saying that Suriname wants to create a state-owned aluminum company and obtain more revenue from its thriving bauxite industry. It is also reported that the natural resources minister of the South American... Read more..
Century Aluminum Company announced the pricing of the underwritten public offering of 6,500,000 shares of its common stock at a price to the public of $62.25 per share. All of the shares are being offered by Century Aluminum. Century has granted the underwriters a 30-day option to purchase up to an additional... Read more..
Century Aluminum Company (NasdaqGS:CENX) announced that Catherine Z. Manning has joined the company’s board of directors. Ms. Manning retired on June 30, 2008 as a partner with the accounting firm PricewaterhouseCoopers. She most recently served as the financial effectiveness and merger integration... Read more..