Hindalco Industries Limited, part of the Aditya Birla Group, has announced its acquisition of AluChem Companies, Inc., a US-based manufacturer specializing in alumina. The deal is valued at USD 125 million and will be executed through Hindalco’s subsidiary, Aditya Holdings LLC. This move represents Hindalco’s first entry into low soda Tabular Alumina, marking a significant step in expanding its global presence in high-tech alumina markets.
The acquisition aligns with Hindalco’s strategy to grow its specialty alumina business, which has shown consistent double-digit growth. Specialty alumina is increasingly used in sectors such as electric mobility and semiconductors. Kumar Mangalam Birla, Chairman of the Aditya Birla Group, stated that this acquisition supports their global strategy to lead in value-added materials.
Satish Pai, Managing Director of Hindalco Industries, highlighted that AluChem’s capabilities would enhance Hindalco’s offerings in next-generation alumina applications. AluChem operates three manufacturing facilities in Ohio and Arkansas with an annual capacity of 60,000 tons. These facilities supply ultra-low soda calcined and Tabular Alumina for industrial uses.
Saurabh Khedekar, CEO of Hindalco’s Alumina Business, noted that the acquisition offers immediate synergies by expanding market access and product offerings. Ronald P. Zapletal, Founder of AluChem Companies, expressed optimism about the partnership’s potential to scale operations and expand beyond North America.
The transaction is anticipated to close next quarter pending regulatory approvals. This acquisition is part of Hindalco’s broader strategy to advance its downstream operations across aluminium and copper sectors.
About Hindalco Industries: It is a major player globally in aluminium and copper industries with operations spanning 10 countries.
About AluChem Companies: Based in North America, it specializes in high-performance alumina for industrial applications with over four decades of experience.
