AMAG Austria Metall AG - Company Profile
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Business Description
AMAG Austria Metall AG (AMAG) is a provider of aluminium and aluminium semi-finished products. The company together with its subsidiaries, produces, processes, and distributes aluminium, and aluminium wrought and cast products. It produces aluminium cast alloys in the form of horizontal continual casting ingots, two-piece ingots, sows and liquid aluminium. The company also produces aluminium strips, sheets and plates. AMAG serves transportation, automobile, aviation, electronics, construction, packaging, and sports equipment sectors.
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R&D Overview
AMAG is a producer and supplier of aluminium and aluminium based products. It’s research strategy is to increase competitiveness and make significant contributions to its growth strategy. It focuses to develop specialization, cutting-edge industrial technology, and substantial digitalization. Optimization of material properties and effective material deployment are other R&D initiatives. AMAG’s Research and Development facility is located at Ranshofen with 164 research professionals. The company’s innovation as a part of its research, developed recycled cast alloy AlSi7.REC for aluminium wheels with Audi. In FY2022, the company’s R&D expenditure stood at EUR19.2 million, which stood at 1.1% of the company’s revenue.
Business Segments
Overview
Produces recycled aluminium foundry alloys such as sows, ingots and liquid aluminium. Serves engineering, automotive, and electrical engineering sectors.
Performance
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Overview
Production and supply of primary aluminium and managing metal production streams. Also, focuses on minimizing price fluctuations on the metals and currency markets effects through hedging and risk management. -Operates through Alouette smelter in Canada.
Performance
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Overview
Manufactures rolled aluminium such as strips, coils, sheets, and plates. Also, offers customized cathode elements for tread plate, zinc smelters, brazing materials, and high-strength alloys; and foil stock material for the packaging industry. -Serves automotive, aviation, transportation, engineering, sports, and packaging sectors.
Performance
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Overview
Provides centralized services to the operating divisions of the company at Ranshofen site. Service portfolio includes management of all buildings, waste disposal, general site services, energy supply, and materials management.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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