As every investor knows — a stock is cheap, and in decline, for a reason.Over the last 12 months, the NYSE-listed shares of global aluminum giant Constellium CSTM are down 12%, while rivals like Alcoa Corporation AA, Kaiser Aluminum Corporation KALU and Century Aluminum Company CENX are all up. Alcoa is up 55%. CENX is like crypto aluminum, up 155.8% in a year.Its price-to-earnings ratio is not bad at 12x, and it has a new $65 million investment in a new aluminum plant being built in Alabama, though that is ...

Core Insights - Constellium SE is showcasing its advanced aluminium solutions at ALUMINIUM 2024, emphasizing innovation and sustainability in the aluminium industry [1][3][4] Group 1: Event Participation - The event is taking place from October 8-10, 2024, in Düsseldorf, and Constellium is located at Hall 3, Booth 3A49 [1][7] - Constellium will present at the Innovation Plaza for Sustainability and Recycling, featuring a keynote on "Automotive Mixed Scrap Sorting by LIBS Technology" [6] Group 2: Product Offerings - The booth will display products such as Crash Management Systems made from over 90% post-consumer scrap and a uni-alloy 6xxx automotive door [4][5] - Other showcased solutions include luxury cosmetics packaging aimed at recycling high-purity aluminium and advanced sorting technologies for automotive aluminium [5] Group 3: Company Overview - Constellium is a global leader in developing innovative aluminium products for various markets, generating €7.2 billion in revenue in 2023 [8]

Core Viewpoint - Constellium SE has been awarded the Supplier of the Year Award by Stellantis for its commitment to Corporate Social Responsibility (CSR) and overall performance in supplying aluminium products [1][3]. Group 1: Award Recognition - The Supplier of the Year Award from Stellantis acknowledges Constellium's strong CSR commitment and positive ratings from international rating agencies [1]. - The award highlights Constellium's best-in-class performance in supplying aluminium automotive body sheet products and structural solutions for Stellantis' vehicle platforms in Europe and the U.S. [1]. Group 2: Sustainability Commitment - Constellium's sustainability efforts have been recognized by independent organizations such as EcoVadis, Carbon Disclosure Project (CDP), MSCI ESG Ratings, and ISS-Oekom [2]. - The company is a founding member of the Aluminium Stewardship Initiative (ASI) and has achieved ASI Performance Standard Certification for all its global operations [2]. Group 3: Leadership Statements - Ingrid Joerg, Executive Vice President & COO of Constellium, expressed honor in receiving the award and emphasized the company's commitment to responsible purchasing and sustainable solutions [3]. - Maxime Picat, Stellantis Chief Purchasing and Supply Chain Officer, highlighted the importance of supplier dedication and quality in achieving growth milestones [4]. Group 4: Company Overview - Constellium is a global leader in developing innovative, value-added aluminium products for various markets, including aerospace, automotive, and packaging [6]. - The company generated €7.2 billion in revenue in 2023 [6].

Core Insights - Constellium has partnered with Tesem to promote sustainable aluminium production through the "Closing the Loop" initiative, emphasizing environmental impact reduction and circular economy practices [1][4]. Group 1: Partnership Details - The collaboration aims to create a closed-loop system for recycling high-purity aluminium, with Tesem enhancing its assets for efficient aluminium scrap processing [2]. - Both companies' R&D teams are working together to ensure the aluminium scrap meets quality standards and to adjust casting parameters for higher recycled material integration [2]. Group 2: Environmental Impact - The initiative will enable Constellium to supply Tesem with aluminium coils that have a significantly reduced carbon footprint, as recycling aluminium emits 95% fewer greenhouse gas emissions compared to primary metal production [3]. Group 3: Company Background - Constellium generated €7.2 billion in revenue in 2023 and is recognized as a global leader in developing innovative, value-added aluminium products across various markets, including aerospace, automotive, and packaging [6].

PARIS, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Constellium SE (NYSE: CSTM) celebrates today the opening of its new advanced recycling center at its facility in Neuf-Brisach, France. This €130 million investment, supported by a grant from the France Relance investment program, will contribute to Constellium's continued growth in the automotive and packaging industries, while promoting a circular, sustainable economy. The new recycling center will increase the Neuf-Brisach plant's capacity to recycle automotive an ...

Core Insights - Constellium SE has achieved Aluminium Stewardship Initiative (ASI) Performance Standard Certification for all its operations and its corporate office in Paris [1][3] Group 1: Certification Details - All operations are certified to ASI's latest Performance Standard Version 3.0, which includes 11 principles addressing material stewardship, greenhouse gas emissions, waste and water management, biodiversity, governance, and labor and human rights [3][4] - Constellium's Chinese operations are certified against the first four principles of the Standard as material converters [3] Group 2: Company Commitment and Goals - Constellium aims to reduce its greenhouse gas emissions intensity by 30 percent by 2030 compared to 2021 and to increase its recycled input to at least 50 percent by 2030 [5] - The company discloses its performance and results transparently in its Sustainability Reports [5] Group 3: Company Overview - Constellium is a global leader in developing innovative, value-added aluminium products for various markets, including aerospace, automotive, and packaging [6] - The company generated €7.2 billion in revenue in 2023 [6]

Core Viewpoint - Constellium SE has announced a private offering of €300 million in euro-denominated senior unsecured notes and $350 million in U.S. dollar-denominated senior unsecured notes, both due in 2032, to refinance existing debt [1][2]. Group 1: Notes Offering Details - The total amount of the Notes Offering is €300 million and $350 million, with the Euro Notes bearing an interest rate of 5.375% per annum and the USD Notes at 6.375% per annum, payable semiannually [1][7]. - The proceeds from the Notes Offering will be used to redeem all outstanding 5.875% Senior Notes and 4.250% Senior Notes, both due in 2026, along with related fees and expenses [2][8]. - The expected closing date for the Notes Offering is August 8, 2024, subject to customary closing conditions [7]. Group 2: Redemption of Existing Notes - The redemption date for the 2026 Notes is anticipated to be August 26, 2024, with a redemption price of 100% of the principal amount plus accrued interest [8]. - The redemption is contingent upon the successful completion of the Notes Offering [8]. Group 3: Company Overview - Constellium is a global leader in developing innovative, value-added aluminum products for various markets, including aerospace, automotive, and packaging, generating €7.2 billion in revenue in 2023 [5].

Core Viewpoint - Constellium SE has announced a private offering of €300 million and $350 million in senior unsecured notes due 2032, with the intention to use the proceeds to redeem existing senior notes due 2026 [5][16]. Group 1: Notes Offering Details - The Notes Offering consists of €300 million of euro-denominated senior unsecured notes and $350 million of U.S. dollar-denominated senior unsecured notes, both maturing in 2032 [5]. - The Euro Notes will have an interest rate of 5.375% per annum, while the USD Notes will bear an interest rate of 6.375% per annum, payable semiannually [6]. - The offering is expected to close on August 8, 2024, subject to customary closing conditions [6]. Group 2: Redemption of Existing Notes - The Company plans to redeem all outstanding 5.875% Senior Notes and 4.250% Senior Notes due 2026 using the net proceeds from the Notes Offering [16]. - The redemption date for the 2026 Notes is expected to be August 26, 2024, with a redemption price of 100% of the principal amount plus accrued interest [1][16]. Group 3: Target Market and Distribution - The target market for the Notes is limited to eligible counterparties and professional clients, as defined under MiFID II [2][10]. - The Notes are not intended for retail investors in the UK or the European Economic Area (EEA), and no key information document has been prepared for retail investors [3][4][8].

Constellium intends to use the net proceeds of the Notes Offering, together with cash on hand, to redeem, satisfy and discharge in accordance with the governing indenture, all of its outstanding 5.875% Senior Notes due 2026 (the "U.S. 2026 Notes") and all of its outstanding 4.250% Senior Notes due 2026 (together with the U.S. 2026 Notes, the "2026 Notes") and to pay related fees and expenses (the "Redemption"). There can be no assurance that Constellium will successfully complete the Notes Offering or the R ...

Constellium intends to use the net proceeds of the Notes Offering, together with cash on hand, to redeem, satisfy and discharge in accordance with the governing indenture, all of its outstanding 5.875% Senior Notes due 2026 (the "U.S. 2026 Notes") and all of its outstanding 4.250% Senior Notes due 2026 (together with the U.S. 2026 Notes, the "2026 Notes") and to pay related fees and expenses (the "Redemption"). There can be no assurance that Constellium will successfully complete the Notes Offering or the R ...