Hindalco Industries, part of the Aditya Birla Group, has bought 100% of a US company called AluChem Companies, Inc. for $125 million. The purchase was made through Hindalco’s American branch, Aditya Holdings LLC.

This is an important step for Hindalco, as it enters the high-tech specialty alumina market for the first time. This kind of alumina is used in electric vehicles (EVs), semiconductors, and high-precision ceramics. With this move, Hindalco becomes the first Indian company to enter the low soda Tabular Alumina business.

AluChem has three advanced factories in the US—two in Ohio and one in Arkansas—with a total production capacity of 60,000 tonnes every year. It already has a strong presence in North America.

Kumar Mangalam Birla, Chairman of the Aditya Birla Group, said the deal is part of their plan to grow in high-value and advanced materials.

AluChem makes special types of alumina that can handle very high heat and pressure. These products are important for industries that need strong and stable materials. This deal will help Hindalco offer better-quality alumina and reach its goal of producing 1 million tonnes of specialty alumina by 2030.