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Stock impact report

Remal Alcast Commences Operations at New Billet Casthouse in Maharashtra [Yahoo! Finance]

Star Group L.P. (SGU) 
US:NYSE Investor Relations: stargrouplp.com/investor-relations
Company Research Source: Yahoo! Finance
Backed by the Star Group, the facility strengthens India's aluminium manufacturing ecosystem with a strong focus on quality, sustainability, and advanced process capability. Developed in collaboration with Almex Inc., USA and Swastik Furnaces Pvt. Ltd., India, the casthouse combines globally proven casting technology with robust engineering to ensure melting reliability, world class metal purity, and precise billet metallurgy. The plant is supported by an inhouse laboratory and a strategic partnership with Secat Inc., a leading global metallurgical research institution. In Phase 1, the facility begins with the production of primary remelt aluminium homogenized billets, with 2,300 tonnes already delivered to customers. Phase 2, planned for April 2026, will increase output to 4,500 tonnes per month and introduce customised alloy development. By November 2026, the plant will integrate an advanced scrap sorting system and renewable energy inputs to produce low carbon billets, position Show less Read more
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