Hindalco to Acquire US-Based AluChem for $125 Million
Steel

Hindalco to Acquire US-Based AluChem for $125 Million

Hindalco Industries, the Aditya Birla Group’s metals flagship, has announced the acquisition of a 100 per cent stake in US-based AluChem Companies, Inc. for US$ 125 million. The acquisition, through Hindalco’s wholly owned step-down subsidiary Aditya Holdings LLC, marks the company’s strategic foray into the specialty alumina segment. 

This deal positions Hindalco as the first Indian player to enter the low soda Tabular Alumina space, expanding its reach in high-performance alumina used in sectors such as EVs, semiconductors, and precision ceramics. AluChem operates three advanced manufacturing facilities in Ohio and Arkansas, with a total capacity of 60,000 tonnes per annum and a robust presence in North America. 

“This acquisition is an important step in our global strategy to build a leadership position in value-added, high-tech materials,” said Kumar Mangalam Birla, Chairman, Aditya Birla Group. 

AluChem specialises in ultra-low soda calcined and Tabular Alumina known for their thermal and mechanical stability—critical to advanced industrial applications. The acquisition adds premium alumina grades to Hindalco’s portfolio and supports its aim to scale specialty alumina capacity to 1 million tonnes by FY30. 

“This is a pivotal step in strengthening our capabilities in next-generation alumina applications,” said Satish Pai, MD, Hindalco Industries. “AluChem’s advanced chemistry capabilities will enhance our global competitiveness.” 

The deal is expected to close in the next quarter, subject to regulatory approvals. 


 

Hindalco Industries, the Aditya Birla Group’s metals flagship, has announced the acquisition of a 100 per cent stake in US-based AluChem Companies, Inc. for US$ 125 million. The acquisition, through Hindalco’s wholly owned step-down subsidiary Aditya Holdings LLC, marks the company’s strategic foray into the specialty alumina segment. This deal positions Hindalco as the first Indian player to enter the low soda Tabular Alumina space, expanding its reach in high-performance alumina used in sectors such as EVs, semiconductors, and precision ceramics. AluChem operates three advanced manufacturing facilities in Ohio and Arkansas, with a total capacity of 60,000 tonnes per annum and a robust presence in North America. “This acquisition is an important step in our global strategy to build a leadership position in value-added, high-tech materials,” said Kumar Mangalam Birla, Chairman, Aditya Birla Group. AluChem specialises in ultra-low soda calcined and Tabular Alumina known for their thermal and mechanical stability—critical to advanced industrial applications. The acquisition adds premium alumina grades to Hindalco’s portfolio and supports its aim to scale specialty alumina capacity to 1 million tonnes by FY30. “This is a pivotal step in strengthening our capabilities in next-generation alumina applications,” said Satish Pai, MD, Hindalco Industries. “AluChem’s advanced chemistry capabilities will enhance our global competitiveness.” The deal is expected to close in the next quarter, subject to regulatory approvals.  

Next Story
Infrastructure Urban

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..

Next Story
Infrastructure Energy

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..

Next Story
Infrastructure Urban

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..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement