Downstream weekly recap: AMAG bags the "Effective Sustainability Communicator Award"; Hydro invests in solar fence at its German aluminium extrusion facility to reduce emissions

The global aluminium industry’s most vital segment is the downstream part, which converts aluminium into manufacturing feedstock. Because commercial manufacturers obtain the products produced here, downstream is one of the most important areas in the aluminium industry. To begin with, for the second time in a row, AMAG Austria Metall AG, was recognised with the "Effective Sustainability Communicator Award" for its comprehensive and open sustainability reporting. At its extrusion factory in Offenburg, Germany, Hydro, a major industrial firm dedicated to a sustainable future, invested in a 426-meter-long solar fence. The barrier, the first of its sort in Germany, will lessen emissions from the facility. Kriskadecor, known for its aluminium chain interior products, came up with a unique concept of colourful and customisable aluminium chain façade cladding without obstructing ventilation. 

AMAG Austria Metall AG,  the leading Austrian premium supplier of high-quality cast and rolled aluminium products used in a wide range of industries, has received the "Effective Sustainability Communicator Award" for the second time successively for its holistic and transparent sustainability reporting.

To know more: https://www.alcircle.com/news/amag-consecutively-bags-the-effective-sustainability-communicator-award-85846

Colourful and customisable aluminium chain façade cladding from Kriskadecor can transform buildings' facades without obstructing ventilation. Known for its aluminium chain interior products, Kriskadecor offers space dividers, wall coverings, and architectural ceiling elements.

To know more: https://www.alcircle.com/news/kriskadecors-aluminium-chain-facade-cladding-solution-ensures-natural-ventilation-85873

Assan Alüminyum, a subsidiary of Kibar Holding and the most prominent Turkish producer of flat-rolled aluminium products, decided to give ESG (environmental, social, and governance) high priority in its long-term strategy and future plans.

To know more: https://www.alcircle.com/news/assan-aluminyum-emphasizes-esg-for-its-long-term-strategy-and-future-goals-85884

On Tuesday, October 18, Aluminium Stewardship Initiative (ASI) announced the joining of Ningbo Tuopu Group Co., Ltd. as its new Production and Transformation member. The primary areas of focus for Ningbo Tuopu Group Co., Ltd. include automotive power chassis, trim systems, intelligent driving control systems, and other sectors.

To know more: https://www.alcircle.com/news/asi-enlists-ningbo-tuopu-group-co-ltd-as-its-new-production-and-transformation-member-85858

Hindalco Industries Limited had back-to-back cut its aluminium products and aluminium ingot prices on October 18 and 19. As per the revised prices revealed, Hindalco’s latest aluminium wire rod price stood at INR 218,850 per tonne on October 19 versus INR 222,850 per tonne on October 18.

To know more: https://www.alcircle.com/news/hindalco-industries-cuts-its-aluminium-wire-rod-billet-prices-for-the-third-day-by-inr4000-t-85867

The leading industrial company committed to a sustainable future, Hydro is investing in a 426-meter-long solar fence at its extrusion plant in Offenburg, Germany. The fence is the first of its kind in Germany and will reduce the plant's emissions.

To know more: https://www.alcircle.com/news/hydro-invests-in-solar-fence-at-its-german-aluminium-extrusion-facility-to-reduce-emissions-85879