Tag: Metals Industry
MANUFACTURING Hindalco Ind Terminates $125-Mn AluChem Acquisition Agreement

Hindalco Industries Ltd, the metals flagship of the Aditya Birla Group, and AluChem Companies Inc have mutually decided to terminate the Equity Purchase Agreement for the proposed acquisition of AluChem due to extended closure delays beyond the control of either party. Hindalco had announced in June 2025 that it would acquire a 100% equity stake […]

CW Bureau · Oct 2, 2026
MANUFACTURING Jindal Stainless Commences 1.2 MTPA Indonesian SMS facility

Leading stainless-steel manufacturer Jindal Stainless Ltd has commissioned a 1.2 million tonnes per annum (MTPA) stainless steel melt shop (SMS) in Indonesia, developed through its joint venture, ahead of schedule. This development comes less than two years after the company announced a 40% expansion in its melting capacity. With this, the company’s total melting capacity […]

CW Bureau · Mar 24, 2026