21st Austria weekly - Amag (08/01/2024)

14.01.2024

Amag: For almost two decades, there has been a partnership between AMAG Austria Metall AG and Audi. The close cooperation was further augmented with the signing of the largest contract in AMAG's history to date. This contract secures the procurement for Audi of premium aluminum from Ranshofen. As part of this large-scale order, AMAG supplies ASI-certified aluminum in coils, which is used for the production of outer skin components and interior structural components. ASI certification stands for responsible production and processing in accordance with the ASI Performance and Chain of Custody (CoC) standard. The initial processing of components takes place at the initial processing of components takes place at the Audi plant in Györ, Hungary. Years ago, an agreement was reached with AMAG to reuse the aluminum scrap generated during production,with the closed loop system in mind, and to return it to the value chain by recycling it in Ranshofen. "The biggest and most successful contract to date with our long-standing customer Audi is a positive confirmation of our quality and reliability." says Helmut Kaufmann, CEO and COO of AMAG Austria Metall AG.
Amag: weekly performance: 0.69%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (08/01/2024)


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21st Austria weekly - Amag (08/01/2024)


14.01.2024, 1284 Zeichen



Amag: For almost two decades, there has been a partnership between AMAG Austria Metall AG and Audi. The close cooperation was further augmented with the signing of the largest contract in AMAG's history to date. This contract secures the procurement for Audi of premium aluminum from Ranshofen. As part of this large-scale order, AMAG supplies ASI-certified aluminum in coils, which is used for the production of outer skin components and interior structural components. ASI certification stands for responsible production and processing in accordance with the ASI Performance and Chain of Custody (CoC) standard. The initial processing of components takes place at the initial processing of components takes place at the Audi plant in Györ, Hungary. Years ago, an agreement was reached with AMAG to reuse the aluminum scrap generated during production,with the closed loop system in mind, and to return it to the value chain by recycling it in Ranshofen. "The biggest and most successful contract to date with our long-standing customer Audi is a positive confirmation of our quality and reliability." says Helmut Kaufmann, CEO and COO of AMAG Austria Metall AG.
Amag: weekly performance: 0.69%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (08/01/2024)



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