Business EconomyPosted at: Jun 26 2025 8:20PM


Hindalco to acquire US-based AluChem Inc for USD 125 million

Mumbai, June 26 (UNI) Hindalco Industries Limited, the metals flagship of the Aditya Birla Group, has announced the acquisition of a 100 percent equity stake in the US-based AluChem Companies Inc, a prominent manufacturer of specialty alumina, for an enterprise value of USD 125 million.
The acquisition will be carried out through Aditya Holdings LLC, a wholly owned subsidiary of Hindalco.
This strategic acquisition marks a significant investment in specialty alumina, a key step in scaling its high-value, technology-led materials portfolio.
The transaction is expected to close in the upcoming quarter, subject to customary closing conditions and regulatory approvals, said a press release here today.
The global specialty alumina market is projected to grow significantly, with increasing demand for tailored solutions in sectors ranging from ceramics and electronics to aerospace and medical applications.
Hindalco currently operates 500 thousand tons of specialty alumina capacity and aims to scale up to 1 million tonnes by FY30.
Hindalco’s specialty alumina business has delivered consistent double-digit growth in recent years and emerged as a high-growth, high-margin vertical within the company’s portfolio. As specialty alumina finds newer applications across cutting-edge sectors such as electric mobility, semiconductors and precision ceramics, this acquisition propels Hindalco up the innovation curve—enabling access to next-generation alumina applications and driving value-accretive growth.
Aditya Birla Group Chairman Kumar Mangalam Birla said, “This acquisition is an important step in our global strategy to build a leadership position in value-added, high-tech materials. Our strategic foray into the specialty alumina space will not only accelerate the development of future-ready, sustainable solutions but also open new pathways to pursue high-impact growth opportunities. By integrating advanced technologies into our value chain, we are reinforcing our commitment to self-reliance, import substitution, and building scale in innovation-led businesses.”
Hindalco Industries MD Satish Pai said, “This acquisition marks a pivotal step in strengthening our capabilities in next-generation alumina applications. As alumina gains increasing relevance in critical and clean-tech sectors, AluChem’s advanced chemistry capabilities will significantly enhance our ability to serve these fast-evolving markets. Importantly, it deepens our high value-added portfolio with differentiated products that drive profitability and strengthen our global competitiveness. It reinforces our commitment to innovation and to expanding our global footprint.”
AluChem Companies Inc Founder Ronald P Zapletal said, "This partnership with Hindalco brings AluChem the ability and capital to scale up faster and build scale in North America. Aluchem will benefit from their world-class sustainability and safety standards and practices, access to integrated operations and consistent, reliable raw material supply chain. Their ability to leverage R&D capabilities and a talented workforce adds tremendous value to our innovation pipeline, helping drive market expansion beyond North America."
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