OFAC NOTIFIES THE US CONGRESS OF ITS INTENT TO TERMINATE THE SANCTIONS IMPOSED ON RUSAL

20 December 2018

OFAC NOTIFIES THE US CONGRESS OF ITS INTENT TO TERMINATE THE SANCTIONS IMPOSED ON RUSAL

Yesterday, the US Treasury Department’s Office of Foreign Assets Control (OFAC) notified the US Congress of its intention to terminate the sanctions imposed on Rusal, En+ Group plc and JSC EuroSibEnergo in 30 days (19 January 2019).

Deripaska remains sanctioned, but OFAC has determined that the significant restructuring and corporate governance changes will enable the above companies to meet the criteria for delisting.

The deadline for winding down activities with Rusal was set at 21 January 2019, so we welcome this timely action. While the Congress could still block the proposal, OFAC’s notification indicates the direction that the US government wants to follow.

Please see OFAC’s official press release

 

 

Materials Processing Institute CEO to become Chair of leading UK industry body

Chris McDonald, CEO of the Materials Processing Institute, has been named Chair of the UK Metals Council (UKMC). He will formally take over the position in March 2019, after being voted in as Chair at the latest UKMC Board Meeting, in November.

The UK Metals Council works across Whitehall to inform and influence Ministers, Government, Departments and their agencies about the value and needs of the UK metals sector. The Council is made up of senior figures from the metals industry representing the full spectrum of the supply chain, from primary manufacturing to recycling.

It hopes that by 2030 a modern and progressive UK metals industry will be delivering high-quality, innovative and competitively priced products as principal supplier to the UK’s main manufacturers and infrastructure projects, as well as a leading global exporter.

The Institute supports organisations that work in advanced materials, low carbon energy and the circular economy, which includes the upscaling and commercialisation of innovation.

Chris McDonald said: “The UKMC is a respected industry body that has ambitious plans for the future of the sector, and I am delighted to have been elected by my peers to this position. There is plenty of work that can be done to give the metals sector a voice within government, which should be viewed as a priority to Westminster.

“Organisations involved in and that have an interest within the sector need as much support as possible. These are the businesses driving forward innovation and productivity gains, while also supporting skilled jobs that this country requires. I am excited by the challenges ahead and I hope to draw upon my experiences and industry knowledge to serve the UKMC and the wider sector well.”

Simon MacVicker, outgoing Chair, UK Metals Council, said: “Chris has led our innovation work during the formative years of Metals Council, during which time we have gained greatly from his understanding of innovation and how it can be applied in industry, the productivity challenge, and his special understanding of how small businesses work. I am very excited that Chris has agreed to be elected as the next Chair of Metals Council, we will be in excellent hands.

Pam Murrell CEO of the Cast Metals Federation and Chair of the Metals Forum, added: “Metals are fundamental to the other industry sectors and are integral to the Advanced Manufacturing Supply Chain at a time of significant change to many of these sectors. Metals also have an important part to play in the circular economy and the clean growth strategy, along with other materials. As Trade Associations working together through the UK Metals Forum, we are keen to continue to support the work of the Metals Council, and provide a conduit to the many SMEs that make up the sector. Chris’ knowledge of the sector combined with his understanding of the particular challenges facing smaller businesses will be a huge asset to us.”

To download a full copy of the official press release please go to MPI

ALFED are a member of the UK Metals Council

November 2018 Market Report

The UK economy – including retail and construction – grew nominally in Q3 2018. Uncertainty over Brexit is affecting business confidence and investment, as well as the FTSE indices.

Download November’s market report for more information.

October 2018 Market Report

The UK economy slowed to a stand-still in August with the Office of National Statistics reporting that the total output of goods and services in August was at the same level as July and with manufacturing, construction and farming shrinking.

Download October’s market report for more information.

OFAC Amends Certain Previous General Licenses By Extending Their Expiration Date To 21 January 2019

10 December 2018

Friday evening, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) extended the expiration date of certain general licenses related to United Company RUSAL PLC (RUSAL).

The General Licenses 13H, 14D, 15C and 16D amend certain previous general licenses, by extending the expiration date from 7 January 2019 to 21 January 2019, for transactions related to RUSAL and its subsidiaries.

Please see OFAC’s Official Press Release

2018 Year of Engineering

The UK Space Agency is joining forces with partners across government and industry to give thousands of young people inspiring experiences of engineering.

This is part of a year-long campaign to tackle the engineering skills gap and widen the pool of young people who join the profession.

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ALFED House of Lords Lunch

Government aluminium industry

Aluminium Industry APPG Annual Lunch at the House of Lords

Thursday 9th July 2020

ALFED’s annual Parliamentary Lunch is to be held on Thursday 9th July in the Cholmondeley Room Terrace at the House of Lords. The event will be hosted by Lord Paul of Marylebone, who is a member of the All-Party Parliamentary Group for the UK Aluminium Industry.

The purpose of this very important event in ALFED’s calendar is to raise and discuss issues relating to the UK’s Aluminium Sector at the highest level within UK Government.

There will be three short presentations given during the Lunch.

The speakers will be from Political Backgrounds and Industry Leaders discussing current and future affairs, will be confirmed nearer the time.

To express your interest email Linda Ford our Events Administrator l_ford@alfed.org.uk

OFAC AMEND CERTAIN PREVIOUS GENERAL LICENSES BY EXTENDING THEIR EXPIRATION DATE

12 October 2018

Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) extended the expiration date of certain general licenses related to United Company RUSAL PLC (RUSAL).

The General Licenses 13E, 14B, and 16B amend certain previous general licenses, by extending the expiration date from 12 November 2018 to 12 December 2018.

We will keep you informed about any further developments.

SEE OFAC’S OFFICIAL PRESSPLEASE RELEASE

September 2018 Market Report

For the three months up to the end of July the Office of National Statistics confirmed that the UK economy grew at a rate of 0.6%, with strong consumer spending and a bounce in building and construction activity.

Download September’s market report for more information.

Hydro Extrusion UK wins first Neil Birt HSE Achievement Award

For 15 years, the Aluminium Federation HSE Support Group has been a forum for helping members promote safety in an industry that can be hazardous. During our meetings, we encourage members to feedback on initiatives that they have either implemented or are in the process of implementation.

One initiative that particularly impressed the group was Hydro Extrusion UK’s HSE apprentice scheme, which was introduced in 2017. It created the scheme to develop new HSE professionals within the business, to help ensure there’s a stable flow of HSE personnel and to help foster a culture of continuous improvement.

The scheme is delivered with local colleges and training providers, and apprentices work towards nationally and internationally recognised qualifications. They develop a keen understanding of business management and both theoretical and practical HSE knowledge, developing skills applicable to Hydro Extrusion UK and the wider industry. Other benefits include excellent career progression opportunities within the Hydro family and developing professional networks inside and outside the business. Hydro Extrusion now has 4 HSE apprentices across its 6 UK sites, each mentored by the Site HSE Manager and the Regional HSE Coordinator.

In April 2018, we received the sad news that Neil Birt, our former HSE Group Chair (and long-serving HSE Manager of Bridgnorth Aluminium), had passed away. As a committee, we decided that it would be a fitting memorial to create an Annual HSE Achievement Award in his name.

The idea is not only to celebrate achievement within the industry, but to maintain the values and ideals Neil spent so long promoting. His vision was that by working together we could help each other and to encourage shared learning. We are grateful for everything Neil gave members, and in recognition of Hydro Extrusion UK’s achievements, we’re delighted to announce them as the first recipient of the Neil Birt HSE Achievement Award.

Congratulations to Hydro Extrusion UK

Centre – The award was collected by Kieran Veal ( Hydro HSE Technician, and one of the original Apprentices on the Scheme) and Ian Bould (Hydro HSE Manager)  with
Left – Giles Ashmead, ALFED President, and Right – Helen Williams, Chair of the ALFED HSE Committee