Slatina, 27th June 2022 – ALRO S.A. (BSE: ALR, “the Company” or “ALRO”), one of the largest vertically integrated aluminium producers in Europe, measured by production capacity, announces that Vimetco Extrusion, ALRO’s downstream subsidiary in charge with the extrusion business completed the installation of a new state-of-the-art 7” press extrusion line, following an investment of approximately EUR 10 million since the start of this project in March 2021. Vimetco Extrusion has just successfully tested the new equipment by extruding the 1st billets on this line.
This new automatic extrusion line for aluminium profiles is the third one for Vimetco Extrusion. The new press sustains Vimetco Extrusion strategy to increase its production capacity for high value-added aluminium products, thus delivering to its customers an extensive portfolio of customized solutions
“ALRO Group believes that focusing on strategic investments, processes optimization, and cost control represents a suitable and reliable strategy to support our business and help us navigate through these challenging times. This strategy applies to all our subsidiaries, and Vimetco Extrusion’s completion of a new automatic extrusion line is the latest example”, said Marian NĂSTASE, Chairman of ALRO’s Board of Directors. “This is yet another step towards increasing the portfolio of high and very high value-added products, while consolidating the relationship with our customers by offering them a reliable, long-term partner capable of delivering tailored products and services”, added Marian NĂSTASE, Chairman of ALRO’s Board of Directors.
The 7” extrusion line is highly efficient in terms of production capabilities and reduced energy consumption. Thus, the entire process is automated, being able to extrude profiles up to a length of 60 meters, with a speed of 50 meter/minute, while having the lowest guaranteed gas consumption on the market and being equipped with an efficient energy-saving system, as well as with independently operated water and air-cooling zones designed to efficiently allocate resources.
The new extrusion line will increase Vimetco Extrusion’s yearly production capacity by 11,000 tons, reaching a total annual capacity of 35,000 tons by the end of 2022.
“Vimetco Extrusion believes in creating value for all its stakeholders”, said Igor HIGER, Chairman of the Board of Directors, Vimetco Extrusion. We support our customers by offering them personalized solutions and products throughout the implementation of state-of-the art technology , we support our employees by ensuring the best working conditions and training, and last but not least we uphold the local community by reducing the impact on the environment and creating new job opportunities”, added Igor HIGER.
Vimetco Extrusion is committed to a successful business continuity supported by innovation, flexibility and constant alignment to technology upgrades through sustainable investments.
