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Hindalco Industries Ltd., the metals flagship of the Aditya Birla Group, announced it will acquire a 100% equity stake in US-based AluChem Companies, Inc. for an enterprise value of $125 million. The acquisition will be completed through Aditya Holdings LLC, a wholly owned subsidiary of Hindalco, and is expected to close in the next quarter, subject to customary closing conditions and regulatory approvals.
AluChem Companies, Inc. is a North America-based manufacturer of specialty alumina with more than 45 years of expertise in calcined, reactive, and tabular alumina. The company operates three advanced manufacturing facilities across Ohio and Arkansas with an annual capacity of 60,000 tons. It supplies ultra-low soda calcined and tabular alumina, which are used in industries like refractories, ceramics, electronics, aerospace, and energy-intensive industrial processes.
With this acquisition, Hindalco expands its specialty alumina portfolio and its footprint in the North American market. The company said this will also help enhance its technology-driven product range and serve high-growth sectors including electric mobility, semiconductors, and precision ceramics. Hindalco currently produces 500,000 tons of specialty alumina annually and aims to scale up to 1 million tons by 2030.
Commenting on the acquisition, Kumar Mangalam Birla, Chairman of Aditya Birla Group, said, “This acquisition is an important step in our global strategy to grow in value-added, high-tech materials. It will help us introduce future-ready and sustainable solutions while opening new avenues for long-term growth and innovation.”
Hindalco Managing Director Satish Pai added that the acquisition will bolster Hindalco’s next-generation alumina capabilities and strengthen its position in rapidly evolving high-tech and clean-tech markets. “AluChem’s advanced chemistry and expertise in ultra-low soda alumina products will improve our value-added portfolio and competitiveness globally,” Pai said.
Saurabh Khedekar, CEO — Alumina Business at Hindalco, noted that the transaction offers immediate synergies through expanded market access and a broader range of products. Hindalco intends to scale up AluChem’s ultra-low soda alumina capacity to grow its share in the global specialty alumina market.
Ronald P. Zapletal, Founder of AluChem, said, “Partnering with Hindalco enables us to scale faster and leverage their sustainability, safety standards, integrated operations, and R&D capabilities. This will allow us to grow our presence beyond North America.”
Specialty alumina demand is projected to grow as new technologies and industries require advanced materials. Hindalco Industries is a $28 billion metals company and one of the world’s largest aluminum companies, with a presence in 10 countries and 52 manufacturing sites.
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