Hindalco Buys AluChem for $125 M to Boost High-Tech Alumina

26 Jun 2025 CW Team

Strengthening a high-growth, high-margin vertical

Speciality alumina has become a key pillar of Hindalco’s value-added strategy, delivering consistent double-digit growth and healthy margins. Chairman Kumar Mangalam Birla said the purchase supports a global push into “future-ready, sustainable solutions”, underlining the group’s focus on self-reliance and innovation-led scale.

Managing Director Satish Pai added that AluChem’s advanced chemistry will fast-track Hindalco’s move up the innovation curve, deepen its portfolio of differentiated products and enhance profitability.

Immediate North American footprint

AluChem brings three advanced plants in Ohio and Arkansas, with annual capacity of 60 000 tonnes and a long-standing customer base for ultra-low-soda calcined and tabular alumina—materials prized for thermal and mechanical stability in high-precision components and refractory linings.

Hindalco’s Alumina Business CEO Saurabh Khedekar said the takeover unlocks market access and technology synergies, enabling rapid scale-up of premium grades and a larger share of the global speciality alumina market.

Founder Ronald P. Zapletal welcomed the deal, citing Hindalco’s world-class sustainability practices, secure raw-material supply and strong R&D capability as drivers for rapid growth beyond North America.

Scaling to one million tonnes by FY 2030

The global speciality alumina market is set for robust expansion as industries demand tailored solutions for ceramics, electronics, aerospace and healthcare. Hindalco already operates 0.5 million tonnes of speciality alumina capacity and aims to reach one million tonnes by FY 2030.

The transaction is expected to close next quarter, subject to regulatory approvals. It forms part of Hindalco’s broader move to grow downstream, value-added businesses across aluminium, copper and speciality alumina.

Hindalco Industries, the metals arm of the Aditya Birla Group, will acquire 100 per cent of US-based AluChem Companies, Inc. for an enterprise value of USD 125 million. The deal, to be executed through subsidiary Aditya Holdings LLC, marks India’s first entry into ultra-low-soda tabular alumina, widening Hindalco’s reach in precision-engineered materials for electric vehicles, semiconductors and advanced ceramics.Strengthening a high-growth, high-margin verticalSpeciality alumina has become a key pillar of Hindalco’s value-added strategy, delivering consistent double-digit growth and healthy margins. Chairman Kumar Mangalam Birla said the purchase supports a global push into “future-ready, sustainable solutions”, underlining the group’s focus on self-reliance and innovation-led scale.Managing Director Satish Pai added that AluChem’s advanced chemistry will fast-track Hindalco’s move up the innovation curve, deepen its portfolio of differentiated products and enhance profitability.Immediate North American footprintAluChem brings three advanced plants in Ohio and Arkansas, with annual capacity of 60 000 tonnes and a long-standing customer base for ultra-low-soda calcined and tabular alumina—materials prized for thermal and mechanical stability in high-precision components and refractory linings.Hindalco’s Alumina Business CEO Saurabh Khedekar said the takeover unlocks market access and technology synergies, enabling rapid scale-up of premium grades and a larger share of the global speciality alumina market.Founder Ronald P. Zapletal welcomed the deal, citing Hindalco’s world-class sustainability practices, secure raw-material supply and strong R&D capability as drivers for rapid growth beyond North America.Scaling to one million tonnes by FY 2030The global speciality alumina market is set for robust expansion as industries demand tailored solutions for ceramics, electronics, aerospace and healthcare. Hindalco already operates 0.5 million tonnes of speciality alumina capacity and aims to reach one million tonnes by FY 2030.The transaction is expected to close next quarter, subject to regulatory approvals. It forms part of Hindalco’s broader move to grow downstream, value-added businesses across aluminium, copper and speciality alumina.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Infrastructure Energy

05 Nov 2025

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Infrastructure Urban

05 Nov 2025

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..