Mit Magzter GOLD unbegrenztes Potenzial nutzen
Erhalten Sie unbegrenzten Zugriff auf über 9.000 Zeitschriften, Zeitungen und Premium-Artikel für nur
Versuchen GOLD - Frei
Hindalco Acquires US-Based Alumina Firm for $125 Million
Mint Chennai
|June 25, 2025
The acquisition will add an annual capacity of 60,000 tonnes from AluChem's Ohio and Arkansas facilities
Hindalco Industries Ltd will buy out US-based AluChem Companies Inc., a manufacturer of specialty alumina, for $125 million as it ventures into high-tech alumina.
Saurabh Khedekar, chief executive officer of alumina business at Hindalco, said the acquisition will unlock synergies for Hindalco, including access to the US market and product portfolio expansion.
The acquisition will be carried out through Aditya Holdings LLC, a step-down wholly-owned subsidiary of Hindalco. It is expected to be completed by the upcoming quarter, subject to customary regulatory approvals.
Diese Geschichte stammt aus der June 25, 2025-Ausgabe von Mint Chennai.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Mint Chennai
Mint Chennai
What went into quadrupling Jio Payments Bank's footprint
Jio Payments Bank Ltd is aggressively expanding its sales network to catch up with market leader Airtel Payments Bank, with the aim of using this wider reach to acquire customers for its more profitable financial products.
2 mins
November 25, 2025
Mint Chennai
British cosmetic co Lush re-enters India
British cosmetics retailer Lush, which is reentering India after close to three decades, looks to tap the fast-growing luxury segment in beauty & personal care and expects the country to be among its top 10 global markets in the next 3-5 years, its co-founder Rowena Bird said.
1 min
November 25, 2025
Mint Chennai
AI ignites the return of Bezos the inventor
‘Tm the least retired person in the world,’ Amazon founder says
4 mins
November 25, 2025
Mint Chennai
Diwali is past, but shopping season is roaring ahead
India's consumption engine appears to be humming well past the Diwali rush, with digital payments showing none of the usual post-festival fatigue.
1 min
November 25, 2025
Mint Chennai
Let digital links and AI fix gaps in power grids as they go green
Digital interoperability and AI can deliver energy efficiency and resilience against transition shocks
3 mins
November 25, 2025
Mint Chennai
TCS, Wipro US patent suits worsen IT's woes
Two of the country’s largest information technology (IT) services companies—Tata Consultancy Services Ltd and Wipro Ltd—faced fresh patent violations in the last 45 days, signalling challenges to their expansion of service offerings.
1 min
November 25, 2025
Mint Chennai
Quality control orders: Let's fix all distortions
Dropping QCOs that act as import barriers for factory inputs will help reduce costs but India should also tackle other distortive aspects of our trade policy that do the economy a disservice
2 mins
November 25, 2025
Mint Chennai
SC clears Sandesarass after ₹5,100-crore settlement deal
Court drops all criminal proceedings against Sterling Biotech promoters in a bank fraud case
3 mins
November 25, 2025
Mint Chennai
Sunteck in Dubai with ₹10,000-cr luxe project
Sunteck Realty Ltd has ventured into the Dubai property market with a ₹10,000-crore luxury project in the prime Downtown Dubai area, at a time when the city is witnessing a surge in demand for high-end properties.
1 min
November 25, 2025
Mint Chennai
Govt plans reform push in winter session
The government is preparing to push a packed reform agenda through parliament's short winter session that will start 1 December, with 15 sittings scheduled to clear major legislations tied to crucial issues, including ease of doing business, regulatory consolidation, foreign investment, and sectoral reforms.
1 mins
November 25, 2025
Listen
Translate
Change font size