Almatis completes buy of Ormet alumina refinery

Dec 13, 2013 | 02:49 PM | Michael Cowden

Tags  Ormet, Almatis, Taco Gerbranda, Dubai International Capital LLC, Burnside refinery, alumina refinery, alumina, Michael Cowden

CHICAGO — Almatis Inc. has completed its acquisition of Ormet Corp.’s alumina refinery in Burnside, La., and plans to invest in the facility as its expands into value-added markets.

The alumina supplier said the Burnside refinery, which has a capacity of 500,000 tonnes per year, will give the company its own feedstock for alumina products and also will allow it to serve the specialty alumina and hydrate markets.....

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