Noranda eyes further M&A activity in chemical alumina space, creates standalone division

By Davide Ghilotti
Published: Friday, 01 February 2019

The newly launched business for specialty alumina, NICHE, will incorporate Gramercy’s alumina hydrate operation and ARC’s white fused alumina business in France; the company does not rule out further acquisitions in future.

Noranda’s parent company may be considering further acquisitions in the chemical grade alumina space, it said, after creating a standalone arm to house its specialty alumina businesses.

New Day Aluminum Holdings LLC, the parent of US-headquartered bauxite and alumina producer Noranda Bauxite & Alumina, has grouped together its specialty...

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