Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Stock Exchange of Hong Kong  >  United Company RUSAL Plc    0486   JE00B5BCW814

UNITED COMPANY RUSAL PLC

(0486)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsAnalyst Recommendations

United Rusal : Aluminium wiring returns to the Russian market

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/15/2017 | 07:20am EST

Moscow, November 15, 2017 - UC RUSAL (SEHK: 486, Euronext: RUSAL/RUAL, Moscow Exchange: RUAL), a leading global aluminium producer, is pleased to announce that aluminium alloys 8030 and 8176 have been successfully approved by Russian authorities for the use in electrical wiring applications. This approval opens up new market opportunities for aluminium.

The Ministry of Energy of the Russian Federation has approved the order that regulates construction of electrical installations and permits the use of aluminum wiring in buildings and structures.

In 2000, due to the outdated technical specification of electrical wiring, the market regulator imposed a ban on the use of aluminium wiring in the construction of residential and public buildings.

Having analyzed the long-present international practices in cable production for residential, public and industrial buildings, RUSAL's technical specialists have launched the production of 8030 and 8176 alloys at the Kandalaksha and Irkutsk aluminium smelters.

These alloys are subsequently widely used in electrical wiring production in the United States and China.

The new aluminum wiring has the highest level of fire safety which is obtained through the addition of combustion-resistant polymer insulation that does not contain halogens.

The aluminium wiring, manufactured by Irkutskkabel and Kamskiye Cable, has undergone extensive testing in accordance with the current testing methods. Experts from RosElectromontazh Association and the Russian Ministry of Emergency Situations Research Institute were involved in the evaluation process of the reliability tests.

The cables with the power core made of aluminium alloys 8030 and 8176 have a number of significant advantages in comparison with copper peers, among them being its more favorable price, lower weight and increased flexibility.

Aluminium and its alloys are used in electrical engineering worldwide. The permit received from regulator is a major breakthrough for Russian producers of aluminum wiring on the domestic market and in the CIS countries.


United Company RUSAL plc published this content on 15 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 15 November 2017 12:19:02 UTC.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on UNITED COMPANY RUSAL PLC
2019UNITED RUSAL : Continuing connected transactions - transportation contracts, hea..
PU
2019UNITED RUSAL : Continuing connected transactions repair services contract
PU
2019UNITED RUSAL : Continuing connected transactions repair services contract
PU
2019UNITED RUSAL : Results announcement for the three and nine months ended 30 septe..
PU
2019UNITED RUSAL : Change to biannual financial reporting
PU
2019UNITED RUSAL : Date of board meeting
PU
2019UNITED RUSAL : Inside information - sustainability-linked pre-export finance fac..
PU
2019UNITED RUSAL : Third quarter 2019 trading update
PU
2019UNITED RUSAL : Notification letter and request form to non-registered holders
PU
2019UNITED RUSAL : Notification letter and request form to registered shareholders
PU
More news
Financials (USD)
Sales 2019 9 579 M
EBIT 2019 429 M
Net income 2019 1 157 M
Debt 2019 6 275 M
Yield 2019 1,34%
P/E ratio 2019 7,67x
P/E ratio 2020 5,19x
EV / Sales2019 1,56x
EV / Sales2020 1,46x
Capitalization 8 661 M
Chart UNITED COMPANY RUSAL PLC
Duration : Period :
United Company RUSAL Plc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends UNITED COMPANY RUSAL PLC
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 14
Average target price 0,64  $
Last Close Price 0,57  $
Spread / Highest target 82,8%
Spread / Average Target 11,8%
Spread / Lowest Target -22,8%
EPS Revisions
Managers
NameTitle
Evgeny Nikitin Chief Executive Officer & Executive Director
Vladislav Aleksandrovich Soloviev President
Bernard Zonneveld Chairman
Victor Mann Technical Director
Elsie Leung Oi-sie Independent Non-Executive Director
Sector and Competitors