France President Receives Algerian Steel Tycoon Issad Rebrab (US)France President Receives Algerian Steel Tycoon Issad... For the second time France President Francois Hollande  received Issad Rebrab , President and CEO of the Algerian Conglomerate  CEVITAL in the Elysée Palais for a Strategic Conference  to invite foreign Companies...

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Algerian Steel Group Cevital Bids to buy Lucchini's plant for € 300 Millions (US)Algerian Steel Group Cevital Bids to buy Lucchini's... Algerian food processor Cevital has filed a binding bid to acquire Lucchini's steelmaking plant in Piombino in Italy's Tuscany region, as announced by Lucchini on October 20. Lucchini added that special...

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FOMAS's CEO Jacopo Guzzoni Growth Strategy (US)FOMAS's CEO Jacopo Guzzoni Growth Strategy (US) Simon Ormerod, left, CEO of Ajax Rolled Ring and Machine in York talks with Jacopo Guzzoni, CEO of the FOMAS Group of Italy on Tuesday. The FOMAS Group recently purchased the York facility. (Credit Photo...

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France : Saint-Pierre-Montlimart explored for signs of gold (US)France : Saint-Pierre-Montlimart explored for signs... Variscan Mines Ltd., an Australian company that deals with exploration and mineral deposits development, has started to search a field near Western France's Saint-Pierre-Montlimart. The search is being...

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Printed titanium aircraft parts challenge forging strength with reduced cost (US)Printed titanium aircraft parts challenge forging strength... (Credit Photo @ The Engineer) The costs and waste associated with producing complex titanium alloy components for aircraft could be reduced if those parts were made using additive layer manufacturing....

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Tesla rewards Saint Jean Industries for its aluminum  component quality (US)Tesla rewards Saint Jean Industries for its aluminum... This Wednesday, Oct. 15 in Fremont, California, the Tesla’s CEO Elon Musk rewarded Emile Di Serio, Saint Jean’s CEO, for the quality of the aluminum chassis components  which are supplied to the...

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France President Receives Algerian Steel Tycoon Issad Rebrab (US)

Category : Economie

Rebrab Elysee

For the second time France President Francois Hollande  received Issad Rebrab , President and CEO of the Algerian Conglomerate  CEVITAL in the Elysée Palais for a Strategic Conference  to invite foreign Companies to invest in France . Issad Rebrab joins the Forbes Billionaires list this year thanks to his thriving $3.5 billion (sales) food business, Cevital, a producer of sugar, vegetable oil and margarine. An accountant by training, one of his clients talked him into investing in the client’s metal company  Continue Reading

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Algerian Steel Group Cevital Bids to buy Lucchini’s plant for € 300 Millions (US)

Category : Strategy

CEVITAL Rebrab  Italy

Algerian food processor Cevital has filed a binding bid to acquire Lucchini’s steelmaking plant in Piombino in Italy’s Tuscany region, as announced by Lucchini on October 20. Lucchini added that special commissioner for Lucchini, Piero Nardi, will soon start to analyze Cevital’s offer, but also bearing in mind the advanced situation with regard to the proposal made by Indian steelmaker JSW Steel. The Algerian group had recently stated that it plans to invest more than €300 million in the construction of a logistics platform and an agro-industrial production complex for the various activities of the company in the Mediterranean area. The group’s CEO Issad Rebrab had said the company’s aim is to “resume steel production in Piombino up to two million mt of special and standard steel products, with the installation of two furnaces to replace Continue Reading

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FOMAS’s CEO Jacopo Guzzoni Growth Strategy (US)

Category : Strategy

FOMAS CEO AJAX

Simon Ormerod, left, CEO of Ajax Rolled Ring and Machine in York talks with Jacopo Guzzoni, CEO of the FOMAS Group of Italy on Tuesday. The FOMAS Group recently purchased the York facility. (Credit Photo – DON WORTHINGTON) 

YORK — The new owners of Ajax Rolled Ring and Machine want to expand the company’s U.S. business, while also moving into Mexican and other Latin American markets. The FOMAS Group of Osnago in the province of Lecco, Italy, recently purchased Ajax Rolled Ring and Machine, a custom manufacturer of seamless rolled rings. Terms of the deal were not disclosed. Jacopo Guzzoni, CEO of FOMAS, said the acquisition helps complete the company’s expansion plans. FOMAS will now have plants in Italy, France, India, China and the United States. FOMAS started its Continue Reading
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France : Saint-Pierre-Montlimart explored for signs of gold (US)

Category : Actualités

Variscan

Variscan Mines Ltd., an Australian company that deals with exploration and mineral deposits development, has started to search a field near Western France’s Saint-Pierre-Montlimart. The search is being done in order to look for “mineral anomalies” that would lead to the discovery of gold deposits in the area. Jack Testard and Patrick Lebret, president and chief geologist respectively, are both leading the mining exploration. The team decided to start their search in Saint Pierre Continue Reading

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Printed titanium aircraft parts challenge forging strength with reduced cost (US)

Category : Recherche & Développement

Titanium 3D

(Credit Photo @ The Engineer)

The costs and waste associated with producing complex titanium alloy components for aircraft could be reduced if those parts were made using additive layer manufacturing. This is the aim of RAWFEED, a £995,000 R&D project, with £630,000 support from Innovate UK that aims to deliver pre-forms that are equivalent to Class One forgings whilst simultaneously reducing waste from 80-90 per cent to 30-35 per cent and significantly increasing production efficiency. The RAWFEED (Rolling Assisted Wire Feed Direct Deposition for Production of High Value Continue Reading

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Tesla rewards Saint Jean Industries for its aluminum component quality (US)

Category : Entreprises

Saint-Jean Industries

This Wednesday, Oct. 15 in Fremont, California, the Tesla’s CEO Elon Musk rewarded Emile Di Serio, Saint Jean’s CEO, for the quality of the aluminum chassis components  which are supplied to the plant in the Silicon Valley. Tesla also recognized the  innovative work and the flexibility of Saint Jean Industries.  Strong but Lightweight Aluminum components are essential for a vehicle like the Tesla  Model S. These kinds of components enable the autonomy shown by the Model S today, this making the Model S a real alternative to conventional combustion Continue Reading

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FOMAS Group Acquires Ajax Rolled Ring & Machine, LLC (US)

Category : merger & acquisition

The new FOMAS 110 MN Open Die Press with 400 TMT integrated manipulator (Credit Photo @ Casting-Forging News)

ASNAGO, Italy and YORK, S.C., Oct. 14, 2014 /PRNewswire/ – FOMAS Group is pleased to announce, that effective October 10, it acquired Ajax Rolled Ring & Machine, LLC (Ajax) based in York, South Carolina. Under its long-term vision and medium-term management targets, FOMAS Group has sought to expand its seamless ring rolling business not only through organic growth but also by actively pursuing opportunities to Continue Reading

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Alcoa and U.S. Army Develop Single-Piece Forged Aluminum Hull (US)

Category : Recherche & Développement

Alcoa hull

Alcoa and the U.S. Army Research Laboratory have launched a cooperative effort to develop the world’s largest single-piece aluminum hull for ground combat vehicles, shown here, to improve the military’s defense against a grave threat to soldier safety: Improvised Explosive Devices (IEDs) (Credit  Photo @ Alcoa)

WASHINGTON & PITTSBURGH–Alcoa (NYSE: AA) and the U.S. Army Research Laboratory have launched a cooperative effort to develop an aluminum solution to a grave threat to soldier safety: Improvised Explosive Devices (IEDs). The solution, a single-piece aluminum hull for ground combat vehicles, would replace today’s assembled hulls and deliver even greater strength and durability. In addition to safety benefits, the single-piece hull would reduce vehicle weight and Continue Reading

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Wyman-Gordon invests $150 M To Establish New Manufacturing Plant (US)

Category : Actualités

WYMAN GORDON

The spec building in Dillon County where the plant will be built  (Credit Photo @ Carolina Live-Tonya Brown)

DILLON, S.C. — Wyman-Gordon, a leader in advanced manufacturing for the aerospace and power generation industries, announced today that it will bring 400 jobs and invest at least $115 million to Dillon County over the next five years. The company, a leading producer of complex forgings and high-performance nickel-based alloys, said via a news release that its newest facility will house multiple, post-forging operations ranging from heat treating to machining. Construction is Continue Reading

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Tata Steel to sell off Long Products division (US)

Category : merger & acquisition

Tata Steel kohler

Dr Karl-Ulrich Köhler joined Tata Steel Europe as Chief Operating Officer on 1 February 2010. He became CEO and Managing Director on 1 October 2010.

Tata Steel is planning to sell its Long Products division, which employs thousands of workers at several sites in the UK. The steel giant said it had signed a Memorandum of Understanding with the Klesch Group, an industrial company which operates across Europe, to take over Long Products Europe – which employs about 6,500 people including at its Continue Reading

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MESTA : The Alcoa 50,000-ton Closed Die Forging Press for Aerospace Parts (US)

Category : Portrait

2012-02-15 – Visitors at Alcoa’s Cleveland Workers look at the rebuilt 50,000-ton forging press, a machine that makes parts for military and commercial aircraft. Alcoa shut down the press in 2008 after workers discovered cracks in its base. (Credit Photo @ Scott Shaw/The Plain Dealer)

Alcoa has a multi-year supply agreement with Airbus valued at approximately $110 million for titanium and aluminum aerospace forgings. The company will produce the parts – including forgings used to connect the wing structure to the engine on the Airbus A320neo – using its recently Continue Reading

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Alcoa’s Strategic Shift Towards Value-added Products (US)

Category : Strategy

Alcoa Forgings CEO

Eric Roegner, Chief Operating Officer, Alcoa Investment Castings, Forgings, and Extrusions, and President, Alcoa Defense, speaks during a dedication ceremony for Alcoa’s new aluminum-lithium plant Thursday, October 2, 2014, in Lafayette. The plant is the world’s largest aluminum-lithium plant where it produces advanced, third-generation aluminum-lithium alloys for the aerospace industry. (Credit Photo: Michael Heinz/Journal & Courier)

Eric Roegner – pictured above, chief operating officer for Alcoa investment castings, forgings, and extrusions – explains the company’s aerospace solutions role.

Alcoa does a lot more than supply aluminum. The company also is a global leader in lightweight materials engineering and manufacturing. It holds key market positions in aerospace sheet and plate produced by its midstream business, Global Rolled Products (GRP). Its downstream business, Engineered Products and Solutions (EPS), produces aerospace forgings, extrusions, investment castings, and fastening systems. In 2013, these two value-add businesses – GRP and EPS – accounted for 57% of Alcoa’s total revenues. Alcoa’s downstream component is composed of businesses heavily weighted toward aerospace. Unlike the sheet and plate business, most of the downstream businesses will both design and qualify parts such as fasteners or investment castings, where the company will work closely with a customer to optimize form, fit, and Continue Reading

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80,000 tons World’s Largest Closed Die Forging Press help to develop China Jet Fighter J-11 (US)

Category : Actualités

China 80,000 tons

Group deputy chief engineer Chen Xiaoci ( third from left ) with dozens of engineers built the world’s largest 80,000 tons forging press.

After World War II , highlighted the role of aircraft , military aircraft now have a decisive significance for the outcome of the war . However, the manufacture of aircraft landing gear , main beam and other large aerospace forging , we need effective “big press .” 80,000 tons “big press ” column installed , making China the country with the world’s highest level of forging equipment. Xinhua reported on October 2 , simple blue frock coat , jeans simpler , lightweight shoes. Chen Xiaoci in a small office, our reporter stood up enthusiastically hand . He was ” quite ashamed ” to say , you see, I did not even block table , you are wearing a table , are ” cousin ” ah ! In Deyang , China’s second city rework Heavy Machinery Group Corporation ( hereinafter referred to as ” two heavy Group” ) , deputy chief engineer Chen Xiaoci and dozens of engineers rattling , and eventually became today – their works including 80,000 t forging press. After World War II , highlighted the role of aircraft , military aircraft Continue Reading

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Bharat Forge Inks Deal With French Aerospace Giant Safran (US)

Category : Strategy

Baba Kalyani, Chairman and Managing Director, Bharat Forge (Credit Photo @Business India)

Bharat Forge, India’s high technology component firm has entered into a partnership with French multinational aerospace and security giant to supply high integrity forged and machined components for commercial aircraft applications of Safran’s global affiliates. The companies have been working together for the past 18 months on a demonstrator phase for trial production of critical forgings in several Continue Reading

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Amit Kalyani Cranks Things Up At Bharat Forge (US)

Category : Portrait

Kalyani baba and amit

Amit and his father, Baba Kalyani, at Bharat Forge’s Pune headquarters. (Credit Photo @ Ritam Banerjee – Forbes)

Amit Kalyani had helped his father nearly triple sales in his three-plus years as executive director of Bharat Forge, the listed flagship of India’s $2.5 billion-in-revenues Kalyani Group. It was the dawn of 2008, and its industrial customers at home and in northern Europe were churning along. Then the financial crisis flattened the order book. Capacity utilization, at 80% Continue Reading

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Amit Kalyani : “We want to evolve from a component maker to a solutions provider’

Category : Strategy

AMIT Kalyani 002

Bharat Forge Ltd has chalked out a two-level strategy to double its annual revenue by 2018 from around ₹3,500 crore now. Nearly half of this will come from non-auto businesses. The strategy essentially involves moving from components into systems, and then become a provider of complete solutions in both the auto sector and non-auto industries. In a conversation with BusinessLine, Amit Kalyani, Executive Director, spelt out the Pune-based forging company’s plans.

You plan to double revenue in a little over three years. How will you achieve this?

We want to increase productivity, and also raise the share of value-added products (systems). Essentially, we are turning our present model on its head. Earlier, our model would first set up capacity, develop products, get a customer and then Continue Reading

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Baba Kalyani’s Defense Strategy (US)

Category : Strategy

Baba layani defense Strategy

MUMBAI: Flashback to 1999, and the Kargil war. The military is forced to abort missions due to heavy casualties. Then it decides to deploy the controversial Bofors gun to destroy Pakistani outposts from various vantage points. The strategy pays off, but the military realises it will soon run out of ammunition to feed the howitzers. At the urging of army commanders, the defence ministry turns to Baba Kalyani and his company Bharat Forge to make shells for its Bofors 155mm howitzers. Kalyani, chairman of the Bharat Forge Group, recalls how the company got the “emergency order” to make 1 lakh shells. That’s how the company’s ability to turn out high-quality products at short notice, which helped Continue Reading

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Kleinfeld: Alcoa’s transformation delivering substantial results (US)

Category : Strategy

ALCOA CEO

(Credit Photo @ Chris Ratcliffe/Bloomberg)

Alcoa Inc. Chairman and CEO Klaus Kleinfeld said the company has reached the point where its transformation is starting to deliver substantial results. “I think there is no other way to describe it,” Kleinfeld said. “It has been a standout quarter with all of Alcoa’s businesses firing.” Speaking on a conference call with industry analysts Wednesday evening, Kleinfeld attributed the company’s results to a focus on smart investments and innovation.

“We are to the point where we are seeing our transformation deliver,”

Alcoa Inc. Chairman and CEO Klaus Kleinfeld

Shortly before the call the company reported net income of $149 million, or 12 cents per diluted share, for the third quarter. This compares to net income income of $24 million, or 2 cents per diluted share, in the year-ago quarter. In recent years, Alcoa (NYSE: AA) has been aggressively transforming its portfolio away being commodity-dependent by placing a strong focus on its Continue Reading

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HIDADA Saudi Arabia Steel Fabricator exhibits on World Nuclear Exhibition 2014 (US)

Category : Salons & Expositions

WNE ARABIC

 

The Company with the Strength of Steel

HIDADA was established in 1982, as a subsidiary of Xenel Group, a globally renowned industrial group based in Jeddah, Saudi Arabia. HIDADA is a leader in the engineering & fabrication of quality steel products and a contractor for construction of storage tanks in the region.  HIDADA has grown steadily to become a leading supplier of steel products to the Middle East and Continue Reading

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Areva’s Middle East President Explains Saudi’s Energy Policy (US)

Category : Economie

ALI NOURI AREVA

Ali Nouri, AREVA (Vice-President Middle East), is Doctor-Engineer Nuclear Engineering. He has experience of over 25 years in the nuclear industry where he held various positions in different fields such as project management, industrial production and business development in France and abroad

Could you please explain us the energy policy in Saudi Arabia ?

 The current electric power in Saudi Arabia represents about 50 GWe. It is mainly produced by oil and gas. However, the electricity needs in Saudi Arabia will triple over the next 20 years. Today, nearly 35% of the country’s oil production is consumed locally. If the current energy product not diversified, the domestic consumption will exceed 70% of the oil Continue Reading
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French nuclear giants offer internships to Saudis (US)

Category : Actualités

Saudi Nuclear france

Saudi students selected for internship programs in France and Germany

RIYADH — Two French global leaders in nuclear energy are offering internship programs in France and Germany for students from King Saud University, King Faisal University and King Fahd University for Petroleum and Minerals. The initiative, run by King Abdullah City for Atomic and Renewable Energy (KA-CARE) in cooperation with the companies AREVA and EDF, aims to develop local expertise in nuclear energy in the Kingdom.  These internships will provide students with real work experience in Continue Reading

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Saarstahl invests €30 M in the wire rod mill at the Neunkirchen (US)

Category : Entreprises

Saarstahl 002

(Credit Photo @ Saarstahl)

Saarstahl invests around 30 million euro in the wire rod mill at the Neunkirchen location

  • Wire rod train 32 is being completely modernised
  • Extension of the product portfolio in the premium segment

 Völklingen, September 26, 2014 – Saarstahl AG is further advancing the development of its products in the highest quality sector and is investing 30 million euro in the complete modernisation of wire rod train 32 in Neunkirchen. The latest rolling and cooling technologies will be used in the process. “With this investment, we are securing our market share in the premium quality sectors for our  customers in the automotive Continue Reading

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4 buyers May bid for South Korean Dongbu Special Steel (US)

Category : merger & acquisition

dongbu special steels

Dongbu Group headquarters in southern Seoul (Credit Photo @ Yonhap )

SEOUL, Sept. 25 (Yonhap) — Four potential buyers, including Hyundai Steel and SeAH Group, have joined a race to buy Dongbu Special Steel that has been put up for sale as part of its parent conglomerate’s restructuring program, financial sources said Thursday. The two companies along with another local listed company and a foreign private equity fund (PEF) submitted their bid proposals for the special steel maker to Continue Reading

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Former A. Finkl & Sons Steel Plant to be Demolished (US)

Category : Histoire de la métallurgie

 Finkl & Son  Chicago

Demolition of the huge A. Finkl & Sons Co. complex on the western edge of Lincoln Park (Credit Photo @ Ian Freimuth)

One of Lincoln Park’s last remaining pieces of its former industrial self will soon be demolished to make way for an eventual reuse. Demolition of the huge A. Finkl & Sons Co. complex on the western edge of Lincoln Park will begin in the coming months, Crain’s has reported. The company was sold to a German steel producer in 2007, but the 28 acre property in Lincoln Park was not part of the deal. Finkl’s steel operation Continue Reading

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Alcoa Opens World’s Largest Aluminum-Lithium Aerospace Plant (US)

Category : Actualités

Alcoa 001

Jacques J. Vanier, President, Alcoa Forgings & Extrusions, Alcoa Oil & Gas, and Alcoa Engineered Structure, speaks during a dedication ceremony for Alcoa’s new aluminum-lithium plant Thursday, October 2, 2014, in Lafayette. The plant is the world’s largest aluminum-lithium plant where it produces advanced, third-generation aluminum-lithium alloys for the aerospace industry (Credit Photo @  Michael Heinz/Journal & Courier)

The Indiana Economic Development Corp., the city of Lafayette and Tippecanoe County provided various tax incentives totaling more than $6 million for the project to come together. “It’s the largest facility of its kind in the world,” said Holly Gilham, a spokeswoman for the Continue Reading

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Creusot Forge to Supply 39 forgings to Areva for South Africa Nuclear Reactor (French)

Category : Market

Creusot Forge 001

AREVA annonce que pour le remplacement des générateurs de vapeur de Koeberg, les établissements de Chalon Saint- Marcel et du Creusot au cœur du projet (Credit Photo @ Creusot-Infos)

AREVA a signé avec l’électricien sud-africain ESKOM, le 6 septembre dernier, un contrat pour le remplacement des générateurs de vapeur de la centrale nucléaire de Koeberg. L’exécution de ce contrat comprend notamment la fabrication des six générateurs de vapeur et leur installation. Elle s’appuiera sur une large contribution des équipes du groupe en Bourgogne et à Lyon. La Continue Reading

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Christophe Cornier New Ascometal’s CEO (US)

Category : Entreprises

CHtistophe cornier Ascometal

(Credit Photo @ Les Echos)

According to the French newspaper Le Republican Lorrain, Christophe Cornier former ArcelorMittal Top Management will take the new position of CEO at Ascometal. Christophe Cornier stated that “the recovery of French special steels makers will go by the improvement of Continue Reading

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Metallurgy Reborn helps to reduce US unemployement rate under 6% (US)

Category : Economie

OBama us steel indiana millenium

US President Barack Obama speaks about jobs and the economy during a visit to Millennium Steel Service in Princeton, Indiana October 4, 2014. US employers stepped up hiring in September and the jobless rate fell to a six-year low, bolstering bets on a Federal Reserve rate hike in mid-2015

WASHINGTON, Oct 4 — The US jobs machine shifted into higher gear in September, pushing the unemployment rate down to the lowest level in six years. In a boost for President Barack Obama a month before midterm congressional elections, the Labour Department reported yesterday that the economy pumped out 248,000 net new positions last month, sending the Continue Reading

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Outstanding French Metallurgist Jacques Friedel Dies at 93 (US)

Category : Metallurgistes

Jacques Friedel

Jacques Friedel, this great scientist, played a determining role, as well in the wide domain of the condensed matter physics as in the organization of the scientific and the training in France. He was also one of the men having contributed most to the development of the French industry and metallurgy. His scientific work was entirely dedicated to the theoretical physics of solids, in Continue Reading

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ThyssenKrupp Considering selling VDM (German)

Category : merger & acquisition

Thyssenkrupp VDM

Titanium Forging part  Process at Thyssenkrupp VDM  Unna

Focus :

ThyssenKrupp is considering selling its stainless steels, superalloys, and titanium division ThyssenKrupp VDM. Analysts said that the realistic value is around €250 million  but ThyssenKrupp hope to earn the double. Several players from the industry, especially financial investors are interested in VDM, including Lindsay Goldberg, Continue Reading

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