The US$25 million investment to convert the refinery to natural gas is consistent with the company’s strategy to create a lower cost, globally competitive alumina business.
“We are increasing the ability of our San Ciprian refinery to compete on a global scale by converting the facility to a secure supply of natural gas, which is lower in cost over the long term and a cleaner alternative to fuel oil for refining,” said Alan Cransberg, President of
Excluding certain tax-effected items in both periods, net income is $60 million for the third quarter of fiscal 2015, more than double the $23 million reported in the prior year period.
"Our strong third quarter results are a clear demonstration that our new business model is delivering benefits," said Phil Martens, President and Chief Executive Officer for Read more
The MMTech project involves manufacturers and research institutions from across Europe, including two small companies from the Sheffield city region's advanced manufacturing cluster.
The project will develop new ways of working with an advanced material called gamma titanium aluminide.
"Titanium aluminide is very light and strong, particularly at high temperatures, which makes it a very attractive...
Three machines to be delivered mid-2015 comprise a stub straightener, a rod straightener and an anode-rod mating station.
VHE has supplied a number of stub straighteners to smelters worldwide and is able to offer designs suitable for all yoke configurations and stub diameters. The machines are designed to remove stub toe-in and return stubs to the original yoke geometry.
The decision is a result of the major changes Hydro has gone through over the last 10-15 years, going from a conglomerate operating in several business sectors to a pure aluminium company with its own significant electric power production.
Fertilizer production, which played such an important role in Hydro's history, went over to Yara when it was spun off from Hydro in 2004. The petrochemical business was sold to Ineos in 2008, while magnesium production was wound down in 2001 in the face of severe competition from China.
"For many years Hydro has made a major...
Developed in collaboration with the Aluminum Extruders Council (AEC), the joining manual is an essential reference for automotive designers and engineers as use of aluminium alloys in vehicle designs increases.
Highlighting advancements in joining aluminium to itself and dissimilar materials, the all-new joining manual is an update to the EAA’s Aluminium Automotive Manual can be downloaded from the EAA website: Read more
In both cases the liquid metal will be converted by the Properzi Track and Belt type ingot casting line into ingots of 10kg.
For many decades the well-known “Properzi rod” has been on the market. Also, the “Properzi ingot” which was conceived to solve the problems characteristic of the ingots cast through the traditional open-top mold chain has been available in the marketplace for several years. In fact, millions of tons of Properzi ingots have already been brought to the market by the largest smelters located in GCC and the most important European...
Headquartered in Singapore, and with subsidiaries in Thailand and China, GARMCO Singapore is one of the largest non-ferrous service centres in Southeast Asia, where it reprocesses and distributes aluminium coils and sheets, thick plates, bars, extrusions, as well as other wide range of metals products. GARMCO will remain as the majority shareholder of this joint venture.
Photo: From left...
The larger facility doubles Alcoa’s capacity to produce its Dura-Bright® EVO surface-treated wheels compared to 2014 production levels. The expansion will enable Alcoa to meet growing European demand for its lightweight, durable, low-maintenance aluminum truck wheels.
Construction of the US$13 million (HUF 2.8...