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Rusal completes acquisition of aluminum alloy producer from Germany

Rusal completes acquisition of aluminum alloy producer from Germany
MOSCOW. April 16 (Interfax) - Rusal has closed a deal to purchase assets of Germany s Aluminium Rheinfelden Group following approval by the German Federal Cartel Office and the German Federal Ministry for Economic Affairs and Energy, Rusal said in a press release.
The acquisition reinforces Rusal s position as the supplier of choice to its international network of automotive customers and is expected to deliver strong commercial synergies by matching Aluminium Rheinfelden s high end, niche product focus with Rusal s global scale low-carbon aluminum alloy production, the press release said.
Rusal plans to develop Aluminium Rheinfelden s assets and to deliver a new generation of sustainable aluminium solutions that can be produced at scale, while Aluminium Rheinfelden will continue to operate under its well-known brands, it said. ....

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RU - RUSAL becomes preferred global supplier to Kosei

RU - RUSAL becomes preferred global supplier to Kosei
RUSAL, a leading global aluminium producer, is pleased to announce that it has been named the preferred global supplier of high-quality primary foundry alloys for Kosei, the global wheel and auto components manufacturer.
Founded in 1950, Kosei designs and manufactures wheels, autoparts and components. It has 14 sites operating in seven countries, Kosei has a truly international reach. For the past thirty years, RUSAL has worked closely with the Company, provided primary foundry aluminium alloys to Kosei factories in India, Japan, Thailand, and USA.
RUSAL is among the world’s leading producers of low-carbon aluminium. Its ALLOW brand of low-carbon aluminium comes with average carbon footprint of 2.4 tonnes of CO2 equivalent per tonne of aluminium produced (Scope 1&2, at smelter) which is several times lower than the global average of around 12 t (Scope 1&2, at smelter). ....

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UPDATE 1-Russia's Rusal says aluminium demand healthy despite pandemic

(New throughout, adds interview)
MOSCOW/LONDON, Feb 8 (Reuters) - Demand for aluminium is extending its recovery so far this year despite a second wave of COVID-19 lockdowns, an executive at Russian aluminium producer Rusal said on Monday.
“Demand is still strong in many sectors, especially automotive, packaging, construction,” Roman Andryushin, head of sales and marketing, said in an interview.
“In the fourth quarter of last year we had clear signs of restocking to fill gaps in supply chains, but since then new orders have been picking up more and more.”
Demand for aluminium was hit by the slide in economic activity due to the coronavirus pandemic starting last April, but started to recover in July and August, he added. ....

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