Hindalco Industries, through its subsidiary, is set to acquire AluChem Companies, Inc. for $125 million, marking its entry into the low soda Tabular Alumina segment. This acquisition provides Hindalco with a North American foothold and advanced manufacturing facilities, boosting its specialty alumina capacity and supporting growth in high-tech sectors.
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Hindalco to acquire US-based AluChem for $125 million
