Latest Norsk Hydro ADR (NHYDY) Headlines
Dynamic Materials Slumps: BOOM Falls 5% in Session - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Thu Mar 06, 7:36AM CST
Dynamic Materials saw a big move last session on pretty good volume with far more shares changing hands than in a normal session; shares fell over 5% on the day.
Balanced Risk-Reward for Reliance Steel - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Feb 28, 3:10PM CST
We have issued an updated research report on metal processor Reliance Steel.
Norsk Hydro: Hydro boosts capacity for growth market in automotive products
GlobeNewswire - Tue Feb 25, 3:47AM CST
Norsk Hydro ASA will invest in a new production line at its rolled products plant in Grevenbroich, Germany. The new line will increase annual capacity for aluminium car body sheet to 200,000 metric tons. "In the search for light-weighting vehicles and reducing CO2 emissions, automotive customers are looking for innovative solutions in aluminium. We are therefore increasing our production capacity of state-of-the-art automotive body sheet," says Executive Vice President Oliver Bell, head of Hydro's Rolled Products business area. The new line, which has an estimated cost of EUR 130 million, is following a recent decision to expand the annual continuous heat treatment capacity from 20,000 to 50,000 metric tons. The expansion will include annealing and surface treatment lines, part of a flexible plant concept and innovative production processes at Hydro's Grevenbroich plant. Combining newly developed high performance aluminium alloys and state-of-the-art surface qualities, yields unmatched forming properties. Aluminium body sheet from the new production line will be used in manufacturing automotive components, including car hoods, doors, tailgates and side panels. "With this substantial investment, we are pursuing our strategy towards the growth market within automotive, while also expanding our product portfolio. We are reinforcing our position in the European automotive market, and as the largest producer of flat-rolled products in Europe, strengthening our Grevenbroich plant in Germany as an industry location for advanced rolled products", says Bell. The new production line will be completed in the second half of 2016. The cost of the investment will be distributed in the period 2014-2016, and does not change Hydro's earlier capex guidance for 2014.
Norsk Hydro : Fourth quarter 2013: Alunorte improvements, seasonality and lower power production
GlobeNewswire - Wed Feb 12, 12:08AM CST
Hydro's underlying earnings before financial items and tax (EBIT) fell to NOK 483 million in the fourth quarter 2013 from NOK 659 million in the third quarter, mainly due to seasonal effects and lower hydropower production. For the full year, underlying EBIT rose to 2,737 million from 1,297 million in 2012, helped by cost savings, strong performance at the Qatalum aluminium plant combined with higher product premiums, and despite lower aluminium prices.
Norsk Hydro: Sapa (joint venture) - Announcement of results for the fourth quarter 2013
GlobeNewswire - Thu Feb 06, 12:12AM CST
Underlying EBIT for the Sapa Group for the fourth quarter 2013 reflects a seasonally weaker quarter and charges related to impairment of inventories and accounts receivables.
REMINDER - Hydro's fourth quarter results 2013
Thomson Reuters ONE - Wed Feb 05, 4:09AM CST
Please disregard this reminder if you already have registered to this event.
Norsk Hydro: ICMS tax to impact bauxite and alumina business
GlobeNewswire - Wed Jan 29, 1:11AM CST
Norsk Hydro ASA's alumina refinery Alunorte in Brazil will be subject to ICMS taxation on fuel oil starting February 1, following a decision by the Brazilian state of Pará to change the collection point of the ICMS tax on fuel-oil purchases. Assuming that the decision is upheld, the estimated effect on Hydro will be an increased cost of approximately BRL 60 million (NOK 150 million) per quarter, which will be charged to Hydro's Bauxite & Alumina business area. "We are concerned about the sudden changes in tax legislation in Pará, and we are doing what we can to try to get the decision reversed, in dialogue with Pará legislators," says Executive Vice President and head of Bauxite & Alumina Johnny Undeli. "Hydro's ambition is to develop robust and viable operations in Pará and to be an enabler for sustainable growth for this resource-rich region. In order to pursue that ambition, we need stable and predictable framework conditions." ICMS is a tax on goods and services, collected by Brazilian states. The aluminium industry in Pará has an ICMS deferral, which needs to be renewed by July 2015, resulting in an exemption on intra-state purchases of goods and services. However, the recent changes on fuel oil will move the collection point of ICMS from distributors to the oil refineries, which are located outside the state of Pará. The decision is similar to one made in 2012, when Alunorte temporarily paid ICMS taxes on fuel oil for three quarters. The decision was later reversed. In addition, Hydro and its supplier of electricity have accepted to pay ICMS taxes on the purchase of electricity by Alunorte and the Paragominas bauxite mine in the period following the closing of the Vale transaction on February 28, 2011. The settlement amounts to NOK 280 million, consisting of NOK 170 million relating to ICMS taxes on electricity purchases for the period and NOK 110 million relating to tax penalties. The obligation to pay ICMS taxes on electricity was previously disputed by the companies, but in light of a recent unfavorable court ruling between an electricity supplier and state authorities, it was accepted to make the payment, thereby enabling the electricity supplier's participation in the Pará state tax amnesty. The amnesty gave the opportunity to settle the tax case with significantly reduced penalties. Going forward, ICMS charges will be charged on electricity purchases at a rate of BRL 8 million (NOK 20 million) per quarter, mainly increasing the cost at Paragominas. Penalties will be treated as items excluded in the fourth quarter 2013 results, while the ICMS charge will be included in underlying results of the same quarter.
Global Automotive Lightweight Materials Market 2014-2018: Industry Witnessing the Increasing Use of High-Strength Plastics
M2 - Fri Jan 24, 5:13AM CST
Research and Markets (http://www.researchandmarkets.com/research/t32ckc/global_automotive) has announced the addition of the "Global Automotive Lightweight Materials Market 2014-2018" report to their offering. The analysts forecast the Global Automotive Lightweight Materials market to grow at a CAGR of 14.47 percent over the period 2013-2018. One of the key factors contributing to this market growth is the stringent laws and regulations pertaining to the environment. The Global Automotive Lightweight Materials market has also been witnessing the increasing use of high-strength plastics. However, the volatile prices of raw materials could pose a challenge to the growth of this market. Key vendors dominating this space are Alcoa Inc., ArcelorMittal SA., LyondellBasell Industries NV, and U.S. Magnesium LLC. Other vendors mentioned in the report are AK Steel Corp., Aleris International Inc., Arkema Group, Bayer AG, Borealis AG, Caparo Group Ltd., Constellium NV, Dead Sea Magnesium Ltd., Dow Chemical Co., DuPont, EMS-Chemie Holding AG, Entec Polymers LLC, Evonik Industries AG, ExxonMobil Corp., Formosa Plastics Corp., Henkel AG & Co. KGaA, Huntsman International LLC, Industrial Urethanes, INEOS Group Ltd., Jindal Aluminium Ltd., Kaiser Aluminium Ltd., Kineco Pvt. Ltd., Kobe Steel Ltd., Lanxess Corp., Magnesium Elektron, Meridian Lightweight Technologies, Momentive Performance Chemicals Inc., Norsk Hydro ASA, Novelis Inc., PolyPacific, POSCO, Prime Polymer Co. Ltd., Razin Engineering Plastics Co., Renolit Group, Rima Group, Rio Tinto Alcan Inc., Saudi Basic Industries Corp., Sekisui Foam Australia, Sinopec, Solvay-Rhodia, SSAB, Styron LLC, Tata Steel, The NanoSteel Co. Inc., ThyssenKrupp AG, Toray Industries Inc., U.S Steel Corp., Vedanta Aluminium Ltd., Vimetco NV, and Watts Urethane Products Ltd. Commenting on the report, an analyst from the team said: The use of plastics in automotive applications has increased substantially over the years. For plastics to be employed in automotive components, a balanced set of properties such as crashworthiness, economical procurement costs, and high strength are required. There is an increasing use of high-strength plastics such as polyoxymethylene in automobile parts such as gears. Thus, the Global Automotive Lightweight Materials market is witnessing the increasing use of high-strength plastics. For more information visit http://www.researchandmarkets.com/research/t3...automotive About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Invitation - Hydro's fourth quarter results 2013
Thomson Reuters ONE - Thu Jan 23, 3:00AM CST
Hydro's fourth quarter results 2013 will be released at 07:00 CET (01:00 AM EST, 06:00 UK time), on Wednesday February 12, 2014. The quarterly report and presentation slides will be available on www.hydro.com at the same time.
2013 Report on the International and Chinese Aluminum Profile Industry - Forecasts to 2016
M2 - Wed Jan 15, 6:48AM CST
Research and Markets (http://www.researchandmarkets.com/research/sbd7zm/global_and_china) has announced the addition of the "2013 Report on the International and Chinese Aluminum Profile Industry - Forecasts to 2016" report to their offering. With the demand for industrial aluminum on the rise, listed companies are expanding their existing production lines or setting up new production lines. Among the current aluminum profile projects being constructed by listed companies, industrial aluminum profile projects accounted for over 80%, the majority of which will be put into production before 2015. In terms of the performance of listed companies in the first half of 2013, only Shandong Nanshan Aluminum Co.,Ltd. and Suzhou Lopsking Aluminum Co., Ltd. showed a decline in revenue, in which Nanshan Aluminum's revenue fell 2.15% compared with the same period of last year; and Suzhou Lopsking dropped by 1.28% year-on-year. Liyuan Aluminum is the company that presents the fastest growth in performance. In H1 2013, its revenue surged by 29.71% year-on-year. Considering gross margin by product, the industrial aluminum profiles of China Zhongwang are with the highest gross margin, which was 28.0% in the first half of 2013; Liyuan Aluminum enjoys the highest gross margin in construction aluminum profiles, 23.9% in H1 2013. Key Topics Covered: 1. Overview of Aluminum Profiles Industry 2. Development of Chinese Aluminum Profiles Industry 3. Market Segments Analysis of China Aluminum Profiles Industry 4. Key Companies Worldwide 5. Key Listed Companies in China 6. Non-Listed Companies in China 7. China Aluminum Profiles Industry Forecast Companies Mentioned: - Aleris International Inc. - AsiaAlum - Changsha Zhensheng - China Zhongwang - Fujian Minfa Aluminium - Fujian Nanping Aluminium - GuangDong HaoMei Aluminium - Guangdong Fenglu Aluminium - Guangdong Weiye - Guangdong Xingfa Aluminium - Guangya Aluminium - Jilin Liyuan Aluminum - Nippon Light Metal - Norsk Hydro - Orkla ASA - Qinghai Guoxin Aluminum - Raufoss Extrusion - Sapa AS - Sapa Chalco - Shandong Conglin - Shandong Nanshan Aluminum - Suzhou Lopsking Aluminum - Swedish Assets - Taishan Kamkiu Aluminium - YKK AP - Zhejiang Dongliang New Material For more information visit http://www.researchandmarkets.com/research/sb..._and_china
Global Aluminum Market 2014-2018: One of the Key Drivers in This Market Is the Increased Use of Aluminum in the Automotive Industry
M2 - Tue Jan 14, 9:47AM CST
Research and Markets (http://www.researchandmarkets.com/research/w2nlb6/global_aluminum) has announced the addition of the "Global Aluminum Market 2014-2018" report to their offering. The analysts forecast the Global Aluminum market to grow at a CAGR of 5.90 percent over the period 2013-2018. One of the key factors contributing to this market growth is the use of aluminum in the Automotive industry. The Global Aluminum market has also been witnessing the increase in production capacities by major producers around the world. However, the high price volatility of aluminum could pose a challenge to the growth of this market. Key vendors dominating this space are Alcoa Inc., Aluminum Corp. of China Ltd., Rio Tinto Alcan Inc., and United Co. RUSAL. Other vendors mentioned in the report are BHP Billiton Ltd., Dubai Aluminum Co. Ltd. (DUBAL), Norsk Hydro ASA, and Vedanta Resources plc. Commenting on the report, an analyst from the team said: The high degree of vertical integration is another major trend being witnessed in the Global Aluminum market. Major aluminum producers are integrating their value chains and are gaining control of significant portions of the supply chain. They are increasingly engaging in vertical integration to ensure the continuous supply of raw materials and to meet the upcoming demand for aluminum products. This has resulted in the market witnessing a high level of upstream integration, which involves the construction of smelters to increase the secondary production of aluminum, and downstream integration, which involves the production of finished aluminum-based products. According to the report, one of the key drivers in this market is the increased use of aluminum in the Automotive industry, which is leading to the production of lightweight and fuel-saving automobiles. Further, the report states that one of the serious issues faced by this market is the high volatility of the price of aluminum. Aluminum prices are going through an all-time low due to the oversupply of the metal in the market. The market is also highly affected by the introduction of stringent government regulations. Vendors are incurring higher operating and manufacturing costs in an effort to comply with these regulations and reduce the effects of mining on the environment. For more information visit http://www.researchandmarkets.com/research/w2...l_aluminum About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
How Much Fat Does Vale Have Left to Trim?
Rich Duprey, The Motley Fool - Motley Fool - Fri Dec 27, 4:09PM CST
Add two more assets to the long list of properties Brazilian mining giant Vale is hanging toe tags on this year. Continuing the two-year drive to rein in its sprawling, global portfolio, the world's biggest iron ore producer this week announced...
MTG sells stake in Zitius for SEK380m
M2 - Thu Dec 19, 5:44AM CST
Modern Times Group AB (MTG) (STO:MTGA), an international entertainment group, announced on Wednesday the signing of an agreement to sell its total shareholding, consisting of 80% of the shares in the Swedish Communications Operator Zitius Service Delivery AB (Zitius), to TeliaSonera AB for a cash consideration that values Zitius at an enterprise value (100%) of SEK380m.
CGG Signs Diskos Data Management Contract in Norway
GlobeNewswire - Tue Dec 10, 12:35AM CST
CGG announced today that it has signed a contract with the Norwegian Petroleum Directorate (NPD) relating to the Seismic, Well and Production modules in the Diskos database, the National Data Repository of Norway. The scope of the contract includes implementation of software during 2014 and operation of the database from 2015 through to the end of 2020.
Norsk Hydro: Primary insiders purchase shares
GlobeNewswire - Thu Dec 05, 7:52AM CST
The following primary insiders have on December 5, acquired shares in Hydro.
TransPerfect Opens Office in Oslo
Business Wire - Wed Dec 04, 7:03AM CST
TransPerfect, the world's largest privately held provider of language services and technology solutions, today announced the opening of its first office in Norway, located in the capital city of Oslo.
Dynamic Materials Slumps: BOOM Falls 5% in Session - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Thu Mar 06, 7:36AM CST
Dynamic Materials saw a big move last session on pretty good volume with far more shares changing hands than in a normal session; shares fell over 5% on the day.
Balanced Risk-Reward for Reliance Steel - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Feb 28, 3:10PM CST
We have issued an updated research report on metal processor Reliance Steel.
Norsk Hydro: Hydro boosts capacity for growth market in automotive products
GlobeNewswire - Tue Feb 25, 3:47AM CST
Norsk Hydro ASA will invest in a new production line at its rolled products plant in Grevenbroich, Germany. The new line will increase annual capacity for aluminium car body sheet to 200,000 metric tons. "In the search for light-weighting vehicles and reducing CO2 emissions, automotive customers are looking for innovative solutions in aluminium. We are therefore increasing our production capacity of state-of-the-art automotive body sheet," says Executive Vice President Oliver Bell, head of Hydro's Rolled Products business area. The new line, which has an estimated cost of EUR 130 million, is following a recent decision to expand the annual continuous heat treatment capacity from 20,000 to 50,000 metric tons. The expansion will include annealing and surface treatment lines, part of a flexible plant concept and innovative production processes at Hydro's Grevenbroich plant. Combining newly developed high performance aluminium alloys and state-of-the-art surface qualities, yields unmatched forming properties. Aluminium body sheet from the new production line will be used in manufacturing automotive components, including car hoods, doors, tailgates and side panels. "With this substantial investment, we are pursuing our strategy towards the growth market within automotive, while also expanding our product portfolio. We are reinforcing our position in the European automotive market, and as the largest producer of flat-rolled products in Europe, strengthening our Grevenbroich plant in Germany as an industry location for advanced rolled products", says Bell. The new production line will be completed in the second half of 2016. The cost of the investment will be distributed in the period 2014-2016, and does not change Hydro's earlier capex guidance for 2014.
Norsk Hydro : Fourth quarter 2013: Alunorte improvements, seasonality and lower power production
GlobeNewswire - Wed Feb 12, 12:08AM CST
Hydro's underlying earnings before financial items and tax (EBIT) fell to NOK 483 million in the fourth quarter 2013 from NOK 659 million in the third quarter, mainly due to seasonal effects and lower hydropower production. For the full year, underlying EBIT rose to 2,737 million from 1,297 million in 2012, helped by cost savings, strong performance at the Qatalum aluminium plant combined with higher product premiums, and despite lower aluminium prices.
Norsk Hydro: Sapa (joint venture) - Announcement of results for the fourth quarter 2013
GlobeNewswire - Thu Feb 06, 12:12AM CST
Underlying EBIT for the Sapa Group for the fourth quarter 2013 reflects a seasonally weaker quarter and charges related to impairment of inventories and accounts receivables.
REMINDER - Hydro's fourth quarter results 2013
Thomson Reuters ONE - Wed Feb 05, 4:09AM CST
Please disregard this reminder if you already have registered to this event.
Norsk Hydro: ICMS tax to impact bauxite and alumina business
GlobeNewswire - Wed Jan 29, 1:11AM CST
Norsk Hydro ASA's alumina refinery Alunorte in Brazil will be subject to ICMS taxation on fuel oil starting February 1, following a decision by the Brazilian state of Pará to change the collection point of the ICMS tax on fuel-oil purchases. Assuming that the decision is upheld, the estimated effect on Hydro will be an increased cost of approximately BRL 60 million (NOK 150 million) per quarter, which will be charged to Hydro's Bauxite & Alumina business area. "We are concerned about the sudden changes in tax legislation in Pará, and we are doing what we can to try to get the decision reversed, in dialogue with Pará legislators," says Executive Vice President and head of Bauxite & Alumina Johnny Undeli. "Hydro's ambition is to develop robust and viable operations in Pará and to be an enabler for sustainable growth for this resource-rich region. In order to pursue that ambition, we need stable and predictable framework conditions." ICMS is a tax on goods and services, collected by Brazilian states. The aluminium industry in Pará has an ICMS deferral, which needs to be renewed by July 2015, resulting in an exemption on intra-state purchases of goods and services. However, the recent changes on fuel oil will move the collection point of ICMS from distributors to the oil refineries, which are located outside the state of Pará. The decision is similar to one made in 2012, when Alunorte temporarily paid ICMS taxes on fuel oil for three quarters. The decision was later reversed. In addition, Hydro and its supplier of electricity have accepted to pay ICMS taxes on the purchase of electricity by Alunorte and the Paragominas bauxite mine in the period following the closing of the Vale transaction on February 28, 2011. The settlement amounts to NOK 280 million, consisting of NOK 170 million relating to ICMS taxes on electricity purchases for the period and NOK 110 million relating to tax penalties. The obligation to pay ICMS taxes on electricity was previously disputed by the companies, but in light of a recent unfavorable court ruling between an electricity supplier and state authorities, it was accepted to make the payment, thereby enabling the electricity supplier's participation in the Pará state tax amnesty. The amnesty gave the opportunity to settle the tax case with significantly reduced penalties. Going forward, ICMS charges will be charged on electricity purchases at a rate of BRL 8 million (NOK 20 million) per quarter, mainly increasing the cost at Paragominas. Penalties will be treated as items excluded in the fourth quarter 2013 results, while the ICMS charge will be included in underlying results of the same quarter.
Global Automotive Lightweight Materials Market 2014-2018: Industry Witnessing the Increasing Use of High-Strength Plastics
M2 - Fri Jan 24, 5:13AM CST
Research and Markets (http://www.researchandmarkets.com/research/t32ckc/global_automotive) has announced the addition of the "Global Automotive Lightweight Materials Market 2014-2018" report to their offering. The analysts forecast the Global Automotive Lightweight Materials market to grow at a CAGR of 14.47 percent over the period 2013-2018. One of the key factors contributing to this market growth is the stringent laws and regulations pertaining to the environment. The Global Automotive Lightweight Materials market has also been witnessing the increasing use of high-strength plastics. However, the volatile prices of raw materials could pose a challenge to the growth of this market. Key vendors dominating this space are Alcoa Inc., ArcelorMittal SA., LyondellBasell Industries NV, and U.S. Magnesium LLC. Other vendors mentioned in the report are AK Steel Corp., Aleris International Inc., Arkema Group, Bayer AG, Borealis AG, Caparo Group Ltd., Constellium NV, Dead Sea Magnesium Ltd., Dow Chemical Co., DuPont, EMS-Chemie Holding AG, Entec Polymers LLC, Evonik Industries AG, ExxonMobil Corp., Formosa Plastics Corp., Henkel AG & Co. KGaA, Huntsman International LLC, Industrial Urethanes, INEOS Group Ltd., Jindal Aluminium Ltd., Kaiser Aluminium Ltd., Kineco Pvt. Ltd., Kobe Steel Ltd., Lanxess Corp., Magnesium Elektron, Meridian Lightweight Technologies, Momentive Performance Chemicals Inc., Norsk Hydro ASA, Novelis Inc., PolyPacific, POSCO, Prime Polymer Co. Ltd., Razin Engineering Plastics Co., Renolit Group, Rima Group, Rio Tinto Alcan Inc., Saudi Basic Industries Corp., Sekisui Foam Australia, Sinopec, Solvay-Rhodia, SSAB, Styron LLC, Tata Steel, The NanoSteel Co. Inc., ThyssenKrupp AG, Toray Industries Inc., U.S Steel Corp., Vedanta Aluminium Ltd., Vimetco NV, and Watts Urethane Products Ltd. Commenting on the report, an analyst from the team said: The use of plastics in automotive applications has increased substantially over the years. For plastics to be employed in automotive components, a balanced set of properties such as crashworthiness, economical procurement costs, and high strength are required. There is an increasing use of high-strength plastics such as polyoxymethylene in automobile parts such as gears. Thus, the Global Automotive Lightweight Materials market is witnessing the increasing use of high-strength plastics. For more information visit http://www.researchandmarkets.com/research/t3...automotive About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Invitation - Hydro's fourth quarter results 2013
Thomson Reuters ONE - Thu Jan 23, 3:00AM CST
Hydro's fourth quarter results 2013 will be released at 07:00 CET (01:00 AM EST, 06:00 UK time), on Wednesday February 12, 2014. The quarterly report and presentation slides will be available on www.hydro.com at the same time.
2013 Report on the International and Chinese Aluminum Profile Industry - Forecasts to 2016
M2 - Wed Jan 15, 6:48AM CST
Research and Markets (http://www.researchandmarkets.com/research/sbd7zm/global_and_china) has announced the addition of the "2013 Report on the International and Chinese Aluminum Profile Industry - Forecasts to 2016" report to their offering. With the demand for industrial aluminum on the rise, listed companies are expanding their existing production lines or setting up new production lines. Among the current aluminum profile projects being constructed by listed companies, industrial aluminum profile projects accounted for over 80%, the majority of which will be put into production before 2015. In terms of the performance of listed companies in the first half of 2013, only Shandong Nanshan Aluminum Co.,Ltd. and Suzhou Lopsking Aluminum Co., Ltd. showed a decline in revenue, in which Nanshan Aluminum's revenue fell 2.15% compared with the same period of last year; and Suzhou Lopsking dropped by 1.28% year-on-year. Liyuan Aluminum is the company that presents the fastest growth in performance. In H1 2013, its revenue surged by 29.71% year-on-year. Considering gross margin by product, the industrial aluminum profiles of China Zhongwang are with the highest gross margin, which was 28.0% in the first half of 2013; Liyuan Aluminum enjoys the highest gross margin in construction aluminum profiles, 23.9% in H1 2013. Key Topics Covered: 1. Overview of Aluminum Profiles Industry 2. Development of Chinese Aluminum Profiles Industry 3. Market Segments Analysis of China Aluminum Profiles Industry 4. Key Companies Worldwide 5. Key Listed Companies in China 6. Non-Listed Companies in China 7. China Aluminum Profiles Industry Forecast Companies Mentioned: - Aleris International Inc. - AsiaAlum - Changsha Zhensheng - China Zhongwang - Fujian Minfa Aluminium - Fujian Nanping Aluminium - GuangDong HaoMei Aluminium - Guangdong Fenglu Aluminium - Guangdong Weiye - Guangdong Xingfa Aluminium - Guangya Aluminium - Jilin Liyuan Aluminum - Nippon Light Metal - Norsk Hydro - Orkla ASA - Qinghai Guoxin Aluminum - Raufoss Extrusion - Sapa AS - Sapa Chalco - Shandong Conglin - Shandong Nanshan Aluminum - Suzhou Lopsking Aluminum - Swedish Assets - Taishan Kamkiu Aluminium - YKK AP - Zhejiang Dongliang New Material For more information visit http://www.researchandmarkets.com/research/sb..._and_china
Global Aluminum Market 2014-2018: One of the Key Drivers in This Market Is the Increased Use of Aluminum in the Automotive Industry
M2 - Tue Jan 14, 9:47AM CST
Research and Markets (http://www.researchandmarkets.com/research/w2nlb6/global_aluminum) has announced the addition of the "Global Aluminum Market 2014-2018" report to their offering. The analysts forecast the Global Aluminum market to grow at a CAGR of 5.90 percent over the period 2013-2018. One of the key factors contributing to this market growth is the use of aluminum in the Automotive industry. The Global Aluminum market has also been witnessing the increase in production capacities by major producers around the world. However, the high price volatility of aluminum could pose a challenge to the growth of this market. Key vendors dominating this space are Alcoa Inc., Aluminum Corp. of China Ltd., Rio Tinto Alcan Inc., and United Co. RUSAL. Other vendors mentioned in the report are BHP Billiton Ltd., Dubai Aluminum Co. Ltd. (DUBAL), Norsk Hydro ASA, and Vedanta Resources plc. Commenting on the report, an analyst from the team said: The high degree of vertical integration is another major trend being witnessed in the Global Aluminum market. Major aluminum producers are integrating their value chains and are gaining control of significant portions of the supply chain. They are increasingly engaging in vertical integration to ensure the continuous supply of raw materials and to meet the upcoming demand for aluminum products. This has resulted in the market witnessing a high level of upstream integration, which involves the construction of smelters to increase the secondary production of aluminum, and downstream integration, which involves the production of finished aluminum-based products. According to the report, one of the key drivers in this market is the increased use of aluminum in the Automotive industry, which is leading to the production of lightweight and fuel-saving automobiles. Further, the report states that one of the serious issues faced by this market is the high volatility of the price of aluminum. Aluminum prices are going through an all-time low due to the oversupply of the metal in the market. The market is also highly affected by the introduction of stringent government regulations. Vendors are incurring higher operating and manufacturing costs in an effort to comply with these regulations and reduce the effects of mining on the environment. For more information visit http://www.researchandmarkets.com/research/w2...l_aluminum About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
How Much Fat Does Vale Have Left to Trim?
Rich Duprey, The Motley Fool - Motley Fool - Fri Dec 27, 4:09PM CST
Add two more assets to the long list of properties Brazilian mining giant Vale is hanging toe tags on this year. Continuing the two-year drive to rein in its sprawling, global portfolio, the world's biggest iron ore producer this week announced...
MTG sells stake in Zitius for SEK380m
M2 - Thu Dec 19, 5:44AM CST
Modern Times Group AB (MTG) (STO:MTGA), an international entertainment group, announced on Wednesday the signing of an agreement to sell its total shareholding, consisting of 80% of the shares in the Swedish Communications Operator Zitius Service Delivery AB (Zitius), to TeliaSonera AB for a cash consideration that values Zitius at an enterprise value (100%) of SEK380m.
CGG Signs Diskos Data Management Contract in Norway
GlobeNewswire - Tue Dec 10, 12:35AM CST
CGG announced today that it has signed a contract with the Norwegian Petroleum Directorate (NPD) relating to the Seismic, Well and Production modules in the Diskos database, the National Data Repository of Norway. The scope of the contract includes implementation of software during 2014 and operation of the database from 2015 through to the end of 2020.
Norsk Hydro: Primary insiders purchase shares
GlobeNewswire - Thu Dec 05, 7:52AM CST
The following primary insiders have on December 5, acquired shares in Hydro.
TransPerfect Opens Office in Oslo
Business Wire - Wed Dec 04, 7:03AM CST
TransPerfect, the world's largest privately held provider of language services and technology solutions, today announced the opening of its first office in Norway, located in the capital city of Oslo.
