Hindalco to acquire AluChem for $125 million as it expands into high-tech alumina

Mumbai: Hindalco Industries Ltd will buy out US-based AluChem Companies Inc., a manufacturer of speciality alumina, for $125 million as it ventures into high-tech alumina.
Saurabh Khedekar, chief executive officer of alumina business at Hindalco, sai…

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