The American multinational company Alcoa Corporation released yesterday first quarter results, reporting a net loss of $199 million. The loss includes the impact of $156 million for special items, stemming from the planned closure of its two smelters in Spain.   In January, Alcoa reached a collective agreement with […]

  Aluminium Rheinfelden announced the death of its founder and partner Dr. Alois Franke who passed away a few days ago at the age of 78 following a prolonged illness. Dr. Franke had entrusted the management of the company to his daughter Erika Zender.   „We all, family and company, […]

  Austrian packaging manufacturer Conseal followed in the footsteps of the aluminium processing company Alufix and entered insolvency this week. The companies cited difficulties in production and the fluctuating price of the raw material behind these developments. Conseal requested reorganisation procedures at the Graz Civil Enforcement Tribunal and said to […]

  STEP-G – ST Extruded Products Group – acquired two facilities in Germany, expanding its business in distributing high-quality semi-finished aluminium products. The company took over the aluminium foundry business of Aluwerk Hettstedt GmbH and the entire business of RMG Metallfachhandel GmbH.   The two production facilities specialise in the […]

  Chinese automotive supplier Minth Automotive Europa has started work on a new aluminium car parts factory in Lozinca, western Serbia. The investment is worth €100 million and is scheduled to begin production as early as October.   The groundbreaking ceremony marking the beginning of the construction of Minth’s facility […]