Mitsubishi Materials has agreed to sell its subsidiaries Universal Can Corporation (UNICAN) and Mitsubishi Aluminum to Showa Aluminum Can, which is owned by funds managed by affiliates of US-based Apollo Global Management. The Japanese company also announced its decision to separate the aluminum rolling and processing business from Mitsubishi Aluminum into Showa Aluminum Can via […]
Novelis, a subsidiary of Hindalco Industries, has announced a further investment of $375 million for expanding its rolling and recycling capabilities at its aluminum factory in Zhenjiang, China. The aluminum rolling and recycling company said that the investment will totally integrate its automotive business to supply low-carbon, sustainable aluminum to automakers in Asia. The expansion […]
Crown Holdings has selected Mesquite, Nevada as the location for its previously announced Southwestern US aluminum beverage can manufacturing facility. According to the Pennsylvania-based rigid packaging company, the two-line aluminum can manufacturing plant will supply standard and specialty beverage cans to its customers who produce carbonated soft drinks, energy drinks, sparkling water, beer, hard seltzers, […]
Gravita India Ltd, a Jaipur-based recycling company, said that one of its step down subsidiaries in Mozambique has begun commercial production of aluminum from its new recycling plant. The new recycling plant in Mozambique has an annual capacity of nearly 4,000 MTPA, adding to the company’s existing lead recycling facility of 4,500 MTPA. Gravita India […]
Hindalco Industries Limited said that its board of directors has sanctioned the company’s plans for an INR 3,000 crores expansion project to ramp up its flat rolled products capacity. In this connection, the Indian aluminum and copper manufacturing company will undertake a downstream flat rolled project (FRP) at its existing facilities at Hirakud and Aditya […]
MMP Industries Limited said that it has bagged an order for its aluminium division from pharma manufacturing company Hetero Healthcare Limited. The order is for the supply of 15 MT for the aluminium foil product of the pharma company. MMP Industries stated: “The Company continuously thrives to deliver quality product, ensures to build customer satisfaction […]
Novelis, a subsidiary of Hindalco Industries, will invest nearly $300 million to expand its automotive aluminum capabilities and recycling operations at its Zhenjiang aluminum factory in China. In this connection, the aluminum rolling and recycling company signed a memorandum of understanding (MOU) with the Zhenjiang Jingkou Industrial Zone in Zhenjiang City, Jiangsu Province. Wei Xiaoxi […]