Noranda eyes further M&A activity in chemical alumina space, creates standalone division
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
New Day Aluminum Holdings LLC, the parent of
US-headquartered bauxite and alumina producer Noranda Bauxite
& Alumina, has grouped together its specialty...