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GFG Alliance Unveils New Global Integrated Aluminium Vertical – ALVANCE-The 21st China(Guangzhou) Die-casting, Foundry & Industry Furnace Exhibition
3/3/2020 压铸展-铸造展- Die-casting expo-foundry expo |
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Ahead of his attendance at the Choose France summit, Mr Sanjeev Gupta, Executive Chairman of GFG Alliance, announced the creation of a new global low carbon aluminium champion. The move follows the consolidation of the GFG Alliance’s steel businesses into a single global entity, Liberty Steel Group, in October last year. The new aluminium group, to be known as ALVANCE Aluminium Group, will be headquartered in Paris and will bring together all of GFG Alliance’s assets across the aluminium supply chain, from raw materials through to finished components, to drive synergies that will help the business meet ever increasing market challenges and take full advantage of opportunities to expand. ALVANCE will be the first GFG Alliance global vertical to be headquartered outside of its international headquarters in London and will initially group together the GFG Alliance’s existing high-value upstream aluminium production activities in the UK and France together with its French engineering businesses. ALVANCE has an experienced multinational management team and is in the process of appointing a Board of Directors to oversee the highest standards of corporate governance.
Mr Gupta has also revealed that he is extending GFG Alliance’s carbon neutral 2030 (CN30) program to ALVANCE. Liberty announced a commitment to make its Liberty steel business carbon neutral by 2030 in October 2019. ALVANCE will now share this CN30 target, with the aim of setting ALVANCE on course to become the new standard bearer for sustainable aluminium production, GREENALUMINIUM.
ALVANCE’s portfolio includes Europe’s largest aluminium smelter ALVANCE Aluminium Dunkerque, the UK’s only remaining aluminium smelter at Fort William, Scotland, ALVANCE Wheels, France’s only manufacturer of aluminium wheels in Chateauroux and engine cast part producers ALVANCE Aluminium Technologies Poitou and ALVANCE Cast Products Poitou. ALVANCE has also conditionally agreed to acquire Belgium’s Duffel aluminium rolling facilities and is participating in an approval process with the European Commission’s competition team.
压铸展-铸造展-2020第二十一届广州国际压铸、铸造及工业炉展览会-中国最受关注的压铸铸造展会-巨浪展览
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