Filtros X
Tipos de Posts

Go to the blog The Basque company blog

Receive daily information of interest to your company

News 19 April, 2018 Invest in Basque Country R&D

Aludium invests 20 million euros in its Amorebieta plant

El grupo ha anunciado la adquisición de un horno quemador con capacidad para fundir distintos tipos de chatarra

The group has announced the acquisition of a melting furnace capable of processing different types of scrap

In order to boost its competitiveness, the Aludium metal company has announced that it will install a multi chamber melting furnace at its smelting plant in Amorebieta. The investment, involving 20 million euros, will allow the firm to create a more flexible production unit.

The new furnace system is capable of melting various types of scrap, including painted and lacquered, and this, together with the other equipment in the casthouse, will enable the company to create one of the most flexible metal production units in the world, according to a statement from the group.

Thanks to its advanced design, the furnace manages to reduce gas consumption and emissions of compounds like carbon dioxide and carbon monoxide, and has a throughput of 275 tonnes per day. In addition, once the furnace is fully operational, it is expected to be capable of processing 55,000 tons of scrap per day annually, thereby making the company less dependent on external suppliers.

The company expects installation work to be completed in 18 months and the furnace to be operational during the second half of 2019.

Aludium, a subsidiary of the US investment firm Atlas Holdings, is the entity that encompasses the former Alcoa factories in Spain and France. One of the group’s goals is to become the leading supplier of aluminium sheet, profiles and coils in Europe.


Related news

10 January, 2023 Invest in Basque Country
65% of foreign companies established in the Basque Country plan to increase their turnover by 2023
Read more
1 November, 2021 Entrepreneurship
‘Syngoi Technologies’: Columbus VP creates a new company in Bizkaia for synthetic DNA production
Read more
2 December, 2020 Invest in Basque Country
German company “FEV Consulting” opens an Operations Centre in Bilbao
Read more
28 May, 2020 Entrepreneurship
The Basque Government participates in the Research and production project for the vaccine against COVID 19, together with Harvard and the company VIRALGEN
Read more
11 February, 2020 Invest in Basque Country
The Financial Times ranks the Basque Country as the most attractive medium-sized European region in its strategy to attract foreign investment
Read more
Go to the blog

Latest news about new subsidies

For SMEs, for diversifying markets, internships abroad, international tenders, non-reimbursable subsidies to consolidate exports, subsidies for deployments or specific training in internationalisation.

You’re interested, right?
// Specialized Channels

Follow us. Specialized channels
and daily news