Port of South LouisianaCimbriaTBA GroupViganTelestackTMS Awards 2023
  • Vigan
  • Van Aalst
  • TBA Group
  • Geneva Dry
  • Cimbria
  • Telestack

Rusal acquires Aluminium Rheinfelden

Rusal acquires Aluminium Rheinfelden

(Posted on 20/04/21)

Rusal, a leading global aluminium producer, has announced that it has successfully completed the acquisition of Aluminium Rheinfelden GmbH (“Aluminium Rheinfelden”) following approval by the German Federal Cartel Office and the German Federal Ministry for Economic Affairs and Energy.

The transaction ensures that operations can continue and delivers job security for more than 200 highly qualified employees of Aluminium Rheinfelden. The acquisition reinforces RUSAL’s position as the supplier of choice to its international network of automotive customers and is expected to deliver strong commercial synergies by matching Aluminium Rheinfelden’s high end, niche product focus with RUSAL’s global scale low-carbon aluminium alloy production. Eric Martinet, Automotive and Transportation Director at RUSAL has been announced as the new CEO of Aluminium Rheinfelden.

As part of its long-term growth strategy, RUSAL intends to invest in and rebuild the Aluminium Rheinfelden businesses and to deliver a new generation of sustainable aluminium solutions that can be produced at scale in combination with RUSAL’s smelters. RUSAL’s low-carbon aluminium ALLOW is industry leading in terms of its sustainability profile, an important differentiating factor especially for the automotive industry, where reducing the carbon footprint of automotive components marks a key strategic goal. Together with Aluminium Rheinfelden, RUSAL can go even further in producing innovative, value-added products for a variety of growth industries. Aluminium Rheinfelden will continue to operate under its well-known brands.

Roman Andryushin, Sales and Marketing Director at RUSAL, said: “We are very pleased that we have completed the acquisition today where we have not only been able to save a traditional German company, but can also offer Aluminium Rheinfelden and its employees a promising future under the umbrella of RUSAL. We are aware of our responsibility as a new shareholder and partner of Aluminium Rheinfelden and look forward to the future with confidence where our joint market presence will create shareholder value, stability and growth for the Company. Not only does the transaction secure the future of all three business units of Aluminium Rheinfelden, but also, the Company's customers will benefit from RUSAL’s low-carbon aluminium ALLOW and from the breakthrough inert anode technology, which drives the industry into a new chapter of carbon-free aluminium.”

Eric Martinet, CEO of Aluminium Rheinfelden, added: “Operating within RUSAL will allow Aluminium Rheinfelden to unleash its full potential and to scale-up its operations. As part of a well-capitalised business with a global scale, Aluminium Rheinfelden can now build up its footprint in its existing core automotive sector and target new market niches, thus further strengthening our combined market position. Importantly, our customers will benefit from access to a reliable supply of high-quality, aluminium products with the lowest carbon footprint. I am pleased to welcome the Aluminium Rheinfelden management team alongside the Company’s excellent employees and look forward to working together.”

Founded in 1898, Aluminium Rheinfelden is one of Germany’s leading manufacturers of aluminium alloys, semis and carbon-based components and a major supplier to the global automotive and mechanical engineering sectors as well as pharmaceutical and metallurgy industries.

Latest News

Senate legislation includes phosphate and potash as critical minerals

(Posted on 25/03/24)

The Fertilizer Institute (TFI) has praised the U.S. Senate for introducing bipartisan legislation to... Read more


Agribusiness expert’s legacy and optimism for GrainCorp’s future

(Posted on 18/03/24)

Farmer, Company Director and long-standing member of the GrainCorp Board of Directors, Dan Mangelsdorf... Read more


Research offers Rotterdam guidelines for raw material transition

(Posted on 15/03/24)

Different product processes, non-fossil raw materials and rare materials are crucial for a CO2-neutral... Read more


Bunge Chevron Ag Renewables to build Louisiana processing plant

(Posted on 10/03/24)

Bunge and Chevron have announced approval of a final investment decision for their joint venture Bunge... Read more


Funding to decarbonise iron ore processing in Labrador West

(Posted on 29/02/24)

The Government of Canada HAS awarded C$18.1 million from its Low Carbon Economy Fund to Rio Tinto&rsquo... Read more


Australia’s biggest renewables deal to repower Gladstone aluminium operations

(Posted on 22/02/24)

Rio Tinto has signed Australia’s largest renewable power purchase agreement (PPA) to date to supply... Read more


BHP half year results released

(Posted on 22/02/24)

Mike Henry, Chief Executive Officer, reviewed the Company's operating and financial performance:&ldquo... Read more


Titan Lithium to set up AED 5 Billion processing plant in KEZAD

(Posted on 14/02/24)

Khalifa Economic Zones Abu Dhabi – KEZAD Group, the largest operator of integrated and purpose... Read more


Australia’s iron ore leaders partner for steel decarbonisation

(Posted on 11/02/24)

Australia’s two largest iron ore producers and its biggest steelmaker have partnered in their... Read more


Lithium market to face transition as demand growth slows

(Posted on 02/02/24)

The lithium market is experiencing a period of transition as demand growth slows and the industry adjusts... Read more


Bühler GmbHGeneva DryVan AalstSailors SocietyPort of Stockton
  • Sailors Society
  • Port of Stockton

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping