Constellium

Last updated

Constellium SE
Company type Public (Societas Europaea)
NYSE:  CSTM
IndustryAluminium production
Founded2011
Headquarters,
Key people
Jean-Marc Germain (CEO) Jack Guo, CFO [1]
RevenueIncrease2.svg €7.2 billion (2023)
Increase2.svg+129.0 million (2023)
Total assets Increase2.svg €4.661 billion (2023)
Total equity Increase2.svg+864.0 million (2023)
Number of employees
≈12,000 (2023)
Website http://www.constellium.com/

Constellium SE is a global manufacturer of aluminium rolled products, extruded products, and structural parts based on a large variety of advanced alloys. Constellium's C-TEC research center has been credited for advancing technology in the field of advanced aluminium alloy. [2] Constellium primarily serves the aerospace, automotive, and packaging sectors. Large clients include Mercedes-Benz, [3] Audi, [4] BMW, [5] Fiat Chrysler Automotive, [6] Ford, [7] Airbus, [8] Boeing, [9] and Bombardier. [10]

Contents

History

Constellium was created when Rio Tinto sold off Alcan Engineered Products to Apollo Management (51%) and FSI (10%) in 2011. [11] [12] Prior to that, Alcan Engineered Products was the result of various mergers and acquisitions between Pechiney, Alcan and Alusuisse. Constellium is listed on the New York Stock Exchange. [13] In February 2018, Constellium delisted its shares from Euronext Paris. [14]

In December 2020, workers at a Constellium-owned plant in Muscle Shoals, Alabama went on strike following a failure to agree to new labor contracts.

Operations

Constellium counts close to 12,500 employees worldwide and operates more than 28 manufacturing sites in North America, Europe and Asia. The company is headquartered in Paris with corporate offices in Baltimore and Zurich. [15]

Research centers

Founded in 1967, Constellium's C-TEC Technology Center is a research and development center designed to promote innovation in aluminum. [2] Located in Voreppe, France, C-TEC maintains a staff of over 200 R&D technicians and engineers. [16] During the last 50 years, C-TEC has added more than 600 patent families and trademarks, including breakthrough innovations in aluminium alloy for aerospace, automotive, and packaging, including, high performance aluminium-lithium alloy for air-and spacecraft, [17] high-strength aluminium alloys for structural components in the automotive industry, [18] aluminium solutions for aerosols that can lighten products by 30 percent [19] and high-tech aluminium profiles for hybrid motors.

Launched in 2013, the Advanced Light Metals Processing Research Center, a collaboration between Constellium, Brunel University and Jaguar Land Rover, was opened as an innovation center dedicated to the automotive industry. In 2016, the partnership between Constellium and Brunel was extended with the opening of the Constellium University Technology Center (UTC), a research center for the design, development and prototyping of aluminium alloys and automotive structural components. [20] In 2016, Constellium opened an additional research hub dedicated to lightweight automotive aluminium in Plymouth, Michigan.

Sustainability in aluminium industry

Constellium participates in numerous associations and initiatives aimed at improving sustainability in the aluminium industry. In 2012, the Group founded a Sustainability Council to choose sustainability targets, track performance and ensure accurate disclosure of data in alignment with the Global Reporting Initiative, Carbon Disclosure Project, and United Nations Global Compact. [21] The company is also a founding member of the Aluminium Stewardship Initiative (ASI), a global, multi-stakeholder, non-profit organization for the aluminium industry. [22] ASI sets standards across the entire aluminium value chain, including in areas such as mining, greenhouse gas emissions, waste management, material stewardship, biodiversity, human rights, and responsible strategic sourcing. [23]

With plants in Muscle Shoals, Alabama, and Neuf-Brisach, France, the company has the capacity to recycle the equivalent of 23 billion cans a year. [24] The company also works with the European Aluminium Association, the US Aluminum Association, and the Can Manufacturers Institute to increase beverage can recycling. [25] In particular, the company supports the European aluminium industry's target to reach an 80 percent beverage can recycling rate by 2020. [24]

Related Research Articles

<span class="mw-page-title-main">Aluminium</span> Chemical element, symbol Al and atomic number 13

Aluminium is a chemical element; it has symbol Al and atomic number 13. Aluminium has a density lower than that of other common metals, about one-third that of steel. It has a great affinity towards oxygen, forming a protective layer of oxide on the surface when exposed to air. Aluminium visually resembles silver, both in its color and in its great ability to reflect light. It is soft, nonmagnetic, and ductile. It has one stable isotope, 27Al, which is highly abundant, making aluminium the twelfth-most common element in the universe. The radioactivity of 26Al is used in radiometric dating.

<span class="mw-page-title-main">Duralumin</span> Trade name of age-hardenable aluminium alloy

Duralumin is a trade name for one of the earliest types of age-hardenable aluminium–copper alloys. The term is a combination of Dürener and aluminium. Its use as a trade name is obsolete. Today the term mainly refers to aluminium-copper alloys, designated as the 2000 series by the international alloy designation system (IADS), as with 2014 and 2024 alloys used in airframe fabrication.

Rio Tinto Alcan is a Canada-based mining company. Headquartered in Montreal, Quebec, it is a subsidiary of global mining conglomerate Rio Tinto. It was created on 15 November 2007 as the result of the merger between Rio Tinto's Canadian subsidiary and Canadian company Alcan.

AMAG is the biggest company in the Austrian Aluminium industry sector. It is situated in the village of Ranshofen, which is in Braunau am Inn.

<span class="mw-page-title-main">Aluminium recycling</span> Reuse of scrap aluminium

Aluminium recycling is the process in which secondary commercial aluminium is created from scrap or other forms of end-of-life or otherwise unusable aluminium. It involves re-melting the metal, which is cheaper and more energy-efficient than the production of virgin aluminium by electrolysis of alumina (Al2O3) refined from raw bauxite by use of the Bayer and Hall–Héroult processes.

<span class="mw-page-title-main">Novelis</span> Industrial aluminum company based in Atlanta, Georgia

Novelis Inc. is an American industrial aluminum company, headquartered in Atlanta, Georgia, United States. It is an independent subsidiary of multinational aluminium and copper manufacturing company Hindalco Industries. Novelis is a producer of rolled aluminum and an aluminum recycler. The company serves customers in sectors including beverage cans, automotive, aerospace, consumer electronics, construction, foil and packaging.

<span class="mw-page-title-main">Aluminium alloy</span> Alloy in which aluminium is the predominant metal

An aluminium alloy (UK/IUPAC) or aluminum alloy is an alloy in which aluminium (Al) is the predominant metal. The typical alloying elements are copper, magnesium, manganese, silicon, tin, nickel and zinc. There are two principal classifications, namely casting alloys and wrought alloys, both of which are further subdivided into the categories heat-treatable and non-heat-treatable. About 85% of aluminium is used for wrought products, for example rolled plate, foils and extrusions. Cast aluminium alloys yield cost-effective products due to the low melting point, although they generally have lower tensile strengths than wrought alloys. The most important cast aluminium alloy system is Al–Si, where the high levels of silicon (4–13%) contribute to give good casting characteristics. Aluminium alloys are widely used in engineering structures and components where light weight or corrosion resistance is required.

Aluminium–lithium alloys are a set of alloys of aluminium and lithium, often also including copper and zirconium. Since lithium is the least dense elemental metal, these alloys are significantly less dense than aluminium. Commercial Al–Li alloys contain up to 2.45% lithium by mass.

6061 aluminium alloy is a precipitation-hardened aluminium alloy, containing magnesium and silicon as its major alloying elements. Originally called "Alloy 61S", it was developed in 1935. It has good mechanical properties, exhibits good weldability, and is very commonly extruded. It is one of the most common alloys of aluminium for general-purpose use.

7075 aluminium alloy (AA7075) is an aluminium alloy with zinc as the primary alloying element. It has excellent mechanical properties and exhibits good ductility, high strength, toughness, and good resistance to fatigue. It is more susceptible to embrittlement than many other aluminium alloys because of microsegregation, but has significantly better corrosion resistance than the alloys from the 2000 series. It is one of the most commonly used aluminium alloys for highly stressed structural applications and has been extensively used in aircraft structural parts.

<span class="mw-page-title-main">Alclad</span>

Alclad is a corrosion-resistant aluminium sheet formed from high-purity aluminium surface layers metallurgically bonded to high-strength aluminium alloy core material. It has a melting point of about 500 °C (932 °F). Alclad is a trademark of Alcoa but the term is also used generically.

Alusil as a hypereutectic aluminium-silicon alloy contains approximately 78% aluminium and 17% silicon. This alloy was theoretically conceived in 1927 by Schweizer & Fehrenbach, of Badener Metall-Waren-Fabrik, but practically created only by Lancia in the same year, for its car engines. It was further developed by Reynolds, now Rheinmetall Automotive. In the United States, Chevrolet was the first to use Reynolds A390 in the Chevrolet Vega.

<span class="mw-page-title-main">Aleris</span>

Aleris Corporation was an American aluminum rolled products producer, based in Beachwood, Ohio. The company had approximately 5,000 employees globally as of mid 2015.

Hydro Extruded Solutions is a manufacturer of extruded aluminium profiles. Norsk Hydro announced in July 2017 that it would take full ownership of the 50/50 joint venture Sapa AS by buying the remaining 50 percent stake from conglomerate Orkla Group. The transaction was completed and Sapa was brought into Hydro ASA on October 2, 2017. According to Bloomberg, Sapa "falsified thousands of certifications for aluminum parts over 19 years for hundreds of customers, including NASA." In Extruded Solutions, Hydro has the largest global aluminium extrusion-based operation in the world, counting 100 production sites in more than 40 countries, and has 22,400 employees. Hydro's head office is located in Oslo, Norway.

The Aluminum Association is a trade association for the aluminum production, fabrication and recycling industries, and their suppliers. The Association is a 501(c)(6) non-profit organization based in Arlington, Virginia, United States.

An inclusion is a solid particle in liquid aluminium alloy. It is usually non-metallic and can be of different nature depending on its source.

<span class="mw-page-title-main">Mitsubishi Materials</span> Japanese company, and manufacturer of products for Mitsubishi

Mitsubishi Materials Corporation, or MMC, is a Japanese company. It is a manufacturer of cement products, copper and aluminum products, cemented carbide tools, and electronic materials. It is one of the core companies of Mitsubishi Group.

<span class="mw-page-title-main">Desjardin</span> French metal packaging manufacturer

Desjardin is one of the longest-running French metal packaging manufacturers, founded in 1848. The company produces and exports packaging for multiple industries, including the pharmaceutical industry, the cosmetic industry or the food industry. Desjardin places emphasis on sustainable solutions for its packaging materials and its tools.

<span class="mw-page-title-main">Aircraft recycling</span> Recycling industry for aircraft

Aircraft recycling is the process of scrapping and disassembling retired aircraft, and re-purposing their parts as spare parts or scrap. Airplanes are made of around 800 to 1000 parts that can be recycled, with the majority of them made from metal alloys and composite materials. The two most common metal alloys are aluminum and titanium and the main composite material is carbon fiber.

<span class="mw-page-title-main">Aluminium-based nanogalvanic alloys</span>

Aluminium-based nanogalvanic alloys refer to a class of nanostructured metal powders that spontaneously and rapidly produce hydrogen gas upon contact with water or any liquid containing water as a result of their galvanic metal microstructure. It serves as a method of hydrogen production that can take place at a rapid pace at room temperature without the assistance of chemicals, catalysts, or externally supplied power.

References

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  11. Editorial, Reuters (28 October 2023). "Apollo, French state to buy Rio's Alcan EP".{{cite web}}: |first= has generic name (help)
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