NEWS

Chemicals / Metals

Alcoa and Rio Tinto Announce World’s First Carbon-Free Aluminum Smelting Process

Business

Category: Chemicals / Metals

Alcoa Corporation (NYSE: AA) and Rio Tinto (NYSE: RIO) today announced a revolutionary process to make aluminum that produces oxygen and eliminates all direct greenhouse gas emissions from the traditional smelting process. Executives of Alcoa, Rio Tinto and Apple were joined by Canadian Prime Minister Justin Trudeau and Premier of Québec Philippe Couillard for the […]

Source: Alcoa


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Yara and BASF open world-scale ammonia plant in Freeport, Texas

Business

Category: Chemicals / Metals

Yara International ASA and BASF today celebrated the opening of a new world-scale ammonia plant in Freeport, Texas, USA. The $600-million, state-of-the-art facility uses a cost-efficient and sustainable production process, based on by-product hydrogen instead of natural gas. Yara Freeport LLC is owned 68 percent by Yara and 32 percent by BASF. The plant, located at BASF’s […]

Source: Globe Newswire


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U.S. Department of Commerce Announces Steel and Aluminum Tariff Exclusion Process

Business

Category: Chemicals / Metals

Today, the U.S. Department of Commerce announced its procedures for excluding products from the recently announced tariffs on steel and aluminum product imports. As directed by President Trump, the Department will publish the procedures in the Federal Register and will start accepting exclusion requests from U.S. industry on Monday, March 19, 2018, at 8:45 AM. […]

Source: Department of Commerce


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Alcoa Norway inngår enda en langsiktig vindkraftkontrakt: Ny vindpark bygges på Øyfjellet, et steinkast fra Alcoa Mosjøen

Business

Category: Chemicals / Metals

(Oslo 7. mars 2018) Alcoa Norway ANS har inngått en 15 år lang kraftkontrakt med Eolus om kjøp av hele produksjonskapasiteten fra den planlagte vindparken på Øyfjellet i Vefsn kommune. Leveransen av miljøvennlig, fornybar kraft fra vindparken vil bidra til å sikre en konkurransedyktig pris på deler av kraftforbruket til Alcoas smelteverk i Mosjøen. Produksjonskapasiteten […]

Source: Alcoa


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Silicon maker Elkem plans Oslo IPO as Chinese owner cuts stake

Business

Category: Accounting / Financial

Norway’s Elkem, a producer of silicon for solar panels and a supplier to steel makers and chemical firms, plans to raise some 5 billion Norwegian crowns ($640.16 million) in an initial public offering, it said on Monday. The company’s current owner, China National Bluestar, will reduce its stake while remaining a long-term majority shareholder following […]

Source: CNBC


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