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Umicore acquires Italian chemical company
NEWS
Metal Powder Report Volume 70, Number 2 March/April 2015
UC RUSAL overhauls aluminum powder production Russian aluminum producer UC RUSAL has set out plans to renovate the powder metallurgy plants in Volgograd and Shelehov. The modernisation, part of a US$52 million powder business modernisation program, aims to increase the production of aluminum powder from 20,000 to 25,500 tonnes per year and expand the company’s market share in the Russia and CIS market from 54% to 76%. The
program will be implemented from 2014 through to 2022. RUSAL is also investing in the development of modern dry and wet grinding technology that will allow the company to penetrate the aluminum paste segment. UC RUSAL also plans to invest in the development of new technology to reduce powder production costs, to produce new types of gas developing agents used in the manufacture of aerated
concretes, and high-tech pigments for coatings. ‘Our powder business has good prospects and the announced long-term investment program will enhance its efficiency,’ said Alexey Arnautov, UC RUSAL’s deputy director for new projects. ‘Modernisation and new equipment will allow RUSAL to increase its market share in powders and to take advantage of the potential that the market offers.’ UC RUSAL; www.rusal.ru/en
NEWS
Umicore acquires Italian chemical company Umicore says that it has reached an agreement to purchase its 52% stake in Todini and Co, bringing Umicore’s ownership to 100%. Since 2005, Umicore and the Todini Group spa have operated a joint venture focused on the distribution of chemical products, such as metal salts and non-ferrous metal oxides. The company, Todini and Co, based in Monza, Italy, has six subsidiaries outside Italy and is a European leader in the distribution of industrial chemical products. Its
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Todini and Co is based in Monza, Italy.
customers serve a variety of industries including surface treatment and plating, pigments, glass and ceramics and animal nutrition. The company generated a turnover of s125 million (metal included) in 2013 and employs 38 people. Todini and Co will be integrated in Umicore’s Cobalt & Specialty Materials business unit. It will enable the business to expand further its distribution activities and strengthen its supply chain from raw materials to end customers. Umicore; www.umicore.com
Metal Powder Report Volume 70, Number 2 March/April 2015
UC RUSAL overhauls aluminum powder production Russian aluminum producer UC RUSAL has set out plans to renovate the powder metallurgy plants in Volgograd and Shelehov. The modernisation, part of a US$52 million powder business modernisation program, aims to increase the production of aluminum powder from 20,000 to 25,500 tonnes per year and expand the company’s market share in the Russia and CIS market from 54% to 76%. The
program will be implemented from 2014 through to 2022. RUSAL is also investing in the development of modern dry and wet grinding technology that will allow the company to penetrate the aluminum paste segment. UC RUSAL also plans to invest in the development of new technology to reduce powder production costs, to produce new types of gas developing agents used in the manufacture of aerated
concretes, and high-tech pigments for coatings. ‘Our powder business has good prospects and the announced long-term investment program will enhance its efficiency,’ said Alexey Arnautov, UC RUSAL’s deputy director for new projects. ‘Modernisation and new equipment will allow RUSAL to increase its market share in powders and to take advantage of the potential that the market offers.’ UC RUSAL; www.rusal.ru/en
NEWS
Umicore acquires Italian chemical company Umicore says that it has reached an agreement to purchase its 52% stake in Todini and Co, bringing Umicore’s ownership to 100%. Since 2005, Umicore and the Todini Group spa have operated a joint venture focused on the distribution of chemical products, such as metal salts and non-ferrous metal oxides. The company, Todini and Co, based in Monza, Italy, has six subsidiaries outside Italy and is a European leader in the distribution of industrial chemical products. Its
62
Todini and Co is based in Monza, Italy.
customers serve a variety of industries including surface treatment and plating, pigments, glass and ceramics and animal nutrition. The company generated a turnover of s125 million (metal included) in 2013 and employs 38 people. Todini and Co will be integrated in Umicore’s Cobalt & Specialty Materials business unit. It will enable the business to expand further its distribution activities and strengthen its supply chain from raw materials to end customers. Umicore; www.umicore.com