Gränges terminates plans for aluminum JV with Mitsubishi Aluminum in US

Gränges, a Swedish aluminum profile maker, announced it had terminated plans to form a joint venture with Japan's Mitsubishi Aluminum in the United States to produce aluminum materials for brazed automotive heat exchangers, citing insufficient risk-reward attractiveness.

“Grange has decided to discontinue its plan to form a joint venture in North America because, given the current circumstances, the project is not attractive enough for Grange from a risk-reward perspective.”haythink.com

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• haythink.comSwedish Grangers Terminates Plans To Establish Aluminum Joint Venture With Mitsubishi Aluminum In The U.S. - Global Leading Information Platform For Advanced Materials And TechnologiesJan 15, 2024

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