News - FASSI Srl

Top Ten Automation Companies of the Global Aluminium Industry

Posted April 27, 2017April 27, 2017 Fassi SrlLeave a comment

Industrial automation has changed the face of global aluminium industry. From optimizing power conversion systems and re-tuning engineered power utility interfaces to equipping plants with cutting-edge statistical quality control systems, leading automation providers have helped the otherwise energy-intensive industry address its power consumption issues more effectively while ensuring enhanced precision in product manufacturing. With the […]

Aluminium of Greece ties-up with GE to enhance its aluminium smelting process

Posted April 27, 2017April 27, 2017 Fassi SrlLeave a comment

GE and Aluminium of Greece (AOG), a Mytilineos Group subsidiary, yesterday signed a 10- year contract in Dubai, the United Arab Emirates to create the world’s first-of-their-kind digital smelter solutions to improve AOG’s aluminium smelting process and help the company to drive additional output and efficiency while reducing raw material consumption, energy consumption, and pot […]

Indian aluminium industry needs skilled manpower to drive technology advancement: Nalco CMD

Posted April 27, 2017 Fassi SrlLeave a comment

Technology advancement and skilled manpower development are the two key essentials of manufacturing sector transformation in India. While the country seems to be gaining momentum in the first part, in the second area, that is, in skilled manpower development, it still lags behind in comparison to other industrialized countries of the world, noted Dr. Tapan […]

Aluminium Bahrain’s Q12017 net income jumps 506 per cent YoY

Posted April 27, 2017April 27, 2017 Fassi SrlLeave a comment

A global aluminium smelter Alba reported its financial results as per the International Financial Reporting Standards (IFRS) accounting rules. The company said its top-line and bottom-line performance for the first quarter of 2017 was driven primarily by higher LME prices and favourable management performance. Alba reported a net income of BD 25.6 million (US$ 68 […]

RUSAL’s Q1 2017 aluminium sales grow 6.8% QoQ as inventory moves fast

Posted April 27, 2017April 27, 2017 Fassi SrlLeave a comment

The leading global aluminium producer United Company RUSAL Plc announced its first quarter 2017 operating results on a high note. The company’s Q1 2017 aluminium sales totalled 985 thousand tonnes, up 6.8 per cent from the previous quarter. Value added product (VAP3) sales rose by 7.8 per cent QoQ to stand at thousand tonnes. RUSAL […]

Small surplus in forecast for China aluminium market in 2017

Posted April 27, 2017 Fassi SrlLeave a comment

China’s aluminium output in 2017 will grow at 10.3 per cent rate compared to production in 2016, the China Non-Ferrous Metals Industry Association (CNIA) reported. The CNIA data shows there will be a surplus of 230,000 tonnes of aluminium in China market this year unlike in the global aluminium market where a deficit situation is […]