The Aluminum Castings Works in Barnaul has so far been able to sell only 138.7 million rubles worth of assets. The auction scheduled for May 21 did not take place because of the lack of participants. Now the works is on sale even cheaper – at 76.5 million rubles, according to Avito.ru. In March the…
In January-March Russia exported 781 thousand tons of raw aluminum valued at $1317 million. The results are up by 3.8% and by 36.7% YoY respectively, though somewhat lower than the 2015 level. (Ukrainian metal)
Russia is capable of considerably substituting aluminum imports by 2020. According to the Aluminum Association, at present Russia imports some 250 thousand tons of aluminum products. This is mostly aluminum plates, sections, etc. “Our aluminum industry has enough potential to manufacture these products. By 2020 semi-finished products imports could de substituted with local products at…
The temporary manager of the Aluminum Castings Works (Altai region) Sergey Pupkov has put on sale assets of the company. The starting price of all lots is 215 million rubles. Machinery and mills are being sold as one lot for 120 million rubles. The offers are accepted by June 11. This is the fourth time…
Russian hydropower giant RusHydro’s board of directors will consider participating in construction of aluminum giant UC RUSAL’s Taishet Aluminum Smelter on April 19, after a strategy committee has discussed it. The participation plan includes creation of a special purpose vehicle with RUSAL to raise $1.1 billion project financing, of which about $200 million will be…
The Aluminum Association suggests creating a welding center on the basis of the Sespel CJSC. The issue was discussed during the chairman Valentin Tereschenko’s working visit to Cheboksary. “The Sespel Works has a good manufacturing base and technologies to process aluminum. The company uses the most advanced welding techniques. That is why we suggest creating…
The company Rand (Barnaul) has made a decision to sell the Aluminum Forging Works. The starting price will be 85 million rubles. The assets are divided into 4 lots, the first of which includes a building with the floor size of 102.2 square meters, and the rest is machinery and equipment. The auction will be…
Foreign investors plan to construct a new foundry in Lviv region. According to the press service of the Lviv regional state administration, the regional governor Oleg Sinyutka and the representatives of the investors discussed the possibility of constructing a works to produce aluminum castings. Fundicao de Evora, a joint venture of Aluthea and Schreder, will…
