Aluminium International Today News

Rusal in emissions reduction scheme

Published: January 26, 2011 by Greg Morris

Its Krasnoyarsk aluminum smelter (KrAZ) will take part in a  Reduction of perfluorocarbon (PFC) emissions project, carried out in accordance with Article 6 of the Kyoto Protocol.

It means Rusal can sell Emission Reduction Units (ERUs), with total sales expected to reach about $15M. The…

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Carbone Savoie in €6M plan

Published: January 25, 2011 by Greg Morris

The investment aims to improve the treatment of the wrapping material that protects cathodes during the baking process.

The construction of a new building and the addition of a conveyor system are among the improvements that will enhance operational safety and efficiency.   Carbone…

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Chinese producer plans share listing

Published: January 24, 2011 by Greg Morris

Hongqiao, located in Shandong province and which mainly produces molten aluminium alloy, will offer 1.74bn shares on the Hong Kong exchange priced from HK$7.10 to HK$9.90, raising between $1.6bn and $2.2bn.

Hongqiao intends to use the funds to increase production from the current 1Mt/y…

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Hydro $54M Chinese expansion

Published: January 21, 2011 by Greg Morris

The extension will increase the ability of the company to meet domestic demand for products and components in China.

The NOK315M ($54.3M) investment covers the two presses, including installation, building and construction, and auxiliary equipment.

One of the new presses will be…

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Alcoa in China Power partnership

Published: January 20, 2011 by Greg Morris

The two companies signed an agreement during Chinese President Hu Jintao’s State Visit to the USA.

In China, Alcoa and CPI will collaborate on developing clean energy projects such as wind and solar and smelting operations. Both parties will also work toward developing high-end aluminum…

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