Rusal
Russian aluminium company
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October 2023 | Rusal acquired a 30% stake in China's Hebei Wenfeng New Materials (HWNM) for 1.91 billion yuan ($261.6 million). |
April 2022 | Rusal America Corporation was sold to former executives Brian Hesse and Andrey Donets, and renamed PerenniAL. |
2021 | Rusal announced a proposal to demerge its high carbon assets and change its name to AL+. |
September 2021 | Rusal signed an agreement with the UK's Budweiser Brewing Group to produce five million ultra-low carbon beer cans, measuring 440 ml, from its Krasnoyarsk plant in Siberia, which uses hydro-power as an energy source. |
December 31 2020 | Rusal reported total CO2 equivalent emissions of 28,604 kilotonnes, with a slight increase of 1.7% year-on-year, marking a slower growth compared to previous trends. |
December 31 2020 | UC Rusal operated a global industrial portfolio including 9 aluminium smelters, 9 alumina refineries, 7 bauxite mines, and 4 domestic foil rolling mills at the end of the year. |
September 25 2020 | The company changed its place of registration from Jersey to Kaliningrad, Russia. |
August 11 2020 | Onexim agreed to sell an additional 7% of its Rusal stake to SUAL, which would further reduce its ownership to 6.7% upon approval. |
February 2020 | Onexim sold 3.3% of its Rusal stake to SUAL, reducing its ownership percentage. |
December 2019 | Rusal's total CO2 equivalent emissions increased to 28,114 kilotonnes, showing a growth in carbon emissions. |
April 2019 | Rusal announced a new project in Greenup, Kentucky to produce flat-rolled aluminum products for the US automotive industry. |
April 2019 | UC Rusal initiated a joint venture with Braidy Industries Inc., extending its international business collaborations. |
January 2019 | U.S. lifted sanctions on Rusal after Oleg Deripaska reduced his company stake to less than 50% and voting rights to less than 35%. |
December 2018 | Rusal reported total CO2 equivalent emissions of 25,860 kilotonnes for the year. |
October 23 2018 | Deadline for Rusal's clients to wind down business in compliance with U.S. sanctions. |
May 2018 | Rusal announced the resignation of CEO Alexandra Bouriko and seven board members in an effort to mitigate U.S. sanctions against Oleg Deripaska. |
April 23 2018 | US government provided Rusal America Corporation's customers extended time to comply with sanctions, indicating potential for sanctions to be lifted if Deripaska reduced his company control. |
2017 | UC Rusal publicly committed to powering all aluminium smelters with clean energy by 2020, with its energy mix already comprising 90% renewables. The company joined the Aluminium Stewardship Initiative, pledging to support sustainable aluminium production. |
November 2017 | Rusal launched Allow, a low-carbon aluminium brand designed to meet increased demand for sustainable aluminium from motor, packaging, and electronics industries. The brand covers approximately 80% of Rusal's total output. |
April 2017 | UC Rusal formed two joint ventures - one with Runaya Metsource and another with SKAD, further diversifying its business partnerships. |
February 2017 | Rusal issued its first Eurobond worth US$600 million and announced plans to sell 7-year onshore bonds worth 10 billion yuan on the Shanghai Stock Exchange. |
July 2016 | UC Rusal established a joint venture with Hebei Joy Sense Cable Co. (HJSC), expanding its industrial network. |
2015 | Rusal was overtaken by China Hongqiao Group as the world's largest aluminium company by primary production output. |
November 2014 | Vladislav Solovyov was appointed as Rusal's CEO, with Oleg Deripaska becoming company president. |
March 2014 | UC Rusal entered a 50/50 joint venture with Israeli automotive component manufacturer Omen High Pressure Die Casting. |
April 2012 | Rusal signed a joint venture agreement with China North Industries Corporation (NORINCO) and a memorandum of understanding with Shandong Xinfa Group to explore potential cooperation. |
August 2011 | Rusal reached an agreement with Sberbank to extend debt maturity until 2016, cancelling VEB's previous loan. |
January 2010 | UC RUSAL was listed on the Hong Kong Stock Exchange with an IPO price of HK$10.8 per share, raising US$2.2 billion. |
This contents of the box above is based on material from the Wikipedia article Rusal, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.