Industry News

Austria’s HAI to invest EUR 100 million in new facilities

Views : 206
Update time : 2022-10-13 17:16:41
As part of the continuous development plan in recent years, Hammerer Aluminium Industries (HAI), a supplier of aluminum products in Austria, announced that it has invested EUR 100 million in the construction of two new extrusion lines and a new logistics center.

The second 60-meganewton extrusion line was installed at the Ranshofen site this year, and another automated extrusion line, including all upstream and downstream production facilities, will follow next year, which will be used to produce aluminum profiles for electric vehicles.

Besides, another 40-meganewton automated extrusion line will be built at the Cris site in Romania, focusing on the solar, construction, and industrial sectors, as well as the associated infrastructure.
Related News
Read More >>
Aluminium price rallies sharply as LME cash offer spikes to $3,083.5 per tonne Aluminium price rallies sharply as LME cash offer spikes to $3,083.5 per tonne
Feb .11.2026
Aluminium price rallies sharply as LME cash offer spikes to $3,083.5 per tonne
Europe’s aluminium foil market decoded: Production and consumption drift apart, altering export–import balances Europe’s aluminium foil market decoded: Production and consumption drift apart, altering export–import balances
Feb .11.2026
Europe’s aluminium foil market decoded: Production and consumption drift apart, altering export–import balances
LME aluminium price: Cash offer dips 0.66% to $3,063/t; opening stock falls 0.41% LME aluminium price: Cash offer dips 0.66% to $3,063/t; opening stock falls 0.41%
Feb .11.2026
LME aluminium price: Cash offer dips 0.66% to $3,063/t; opening stock falls 0.41%
EGA brings forth the significance of its proposed Inola aluminium project amidst local opposition EGA brings forth the significance of its proposed Inola aluminium project amidst local opposition
Feb .11.2026
EGA brings forth the significance of its proposed Inola aluminium project amidst local opposition