Downstream Products News - General

Worldwide aluminium extruders join in a league

AL Circle

Intercontinental aluminium extruders formed an association – International Fair Trade Alliance – to promote and defend fair trade practices.

The IFTA is a non-profit organisation created to unite aluminium extrusion manufacturers and suppliers in order to promote free and fair trade.

The alliance, which started forming this summer, consists of aluminium extruders from North and South America, Australia and New Zealand, the Gulf States, and Israel, said a statement from IFTA.

News
Jason Weber, director - international market intelligence for Sapa Extrusion North America, and newly elected chairman of IFTA, said: "Our alliance believes that a network of market-based aluminium extrusion companies and associations can work together to support, teach, and advocate fair trade practices at a national and international level.”.

The members of IFTA claim that non-market based economies are engaged in undermining the principles of free enterprise through a variety of illegal and unfair trade practices that can be tackle by individual countries and at the World Trade Organization.

Lewis Saragossi, chairman and managing director of G James Glass & Aluminium and representing the Australian Aluminium Extrusion Association on IFTA's board, said: “We are all seeing illegal and unfair trade tactics from China being exported to other countries.”

He further stated, “It is time for our industry to come together as a global community to share data and field intelligence so each of our marketplaces can efficiently and quickly confront these threats,”

{googleAdsense}

Until now, the IFTA has enrolled new members by invitation and operated on voluntarily donated funds. Extruders and extrusion trade associations are being invited to pose questions on how to get involved.

Jochen Münch, commercial director of Ecuadorian extruder Corporación Ecuatoriana de Aluminio Cedal, said: “What we are seeing is the proliferation of Chinese aluminium extrusions throughout South America.”

He further stated, “As duties, have been imposed by countries like Australia, Canada, and the US; Chinese extruders are moving into new markets. So, even if you do not feel the threat today, just give it some time and you will.”

The Sanford Organization (TSO), a fully accredited association management company located in suburban Chicago, Illinois, US is going to manage the IFTA.TSO controls trade associations, professional societies, and trade shows and is headed by Jeff Henderson. It renders services to the Aluminium Extruders Council (AEC) and the Aluminium Anodizers Council. It also provides efficient collaboration on common issues such as fair trade.

Edited By:


This news is also available on our App 'AlCircle News' Android | iOS


Alternate Text
EPIQ Machinery

A world class equipment designer specialized in developing innovative & effective solutions for heavy equipment, vehicles, and material handling systems

Alternate Text
RIA Cast House Engineering

Leading supplier of rail mounted precision Furnace Charging Machines and Furnace Skimming Machines

Alternate Text
Altek

Leading manufacturer of value-added equipment for the aluminum casthouse

Alternate Text
Jagannath Company

Manufacturers & Supplier of Magnesium Metal and Aluminium Foundry Chemicals

Alternate Text
CETAG

A supplier of proven systems and an expert adviser in aluminum casthouse technology, offering its services worldwide to the aluminum industry.

Related
Business Leads
Interested to buy aluminium ubc scrap. Destination : India ...
22-Mar-2024 Buying request

Interested to buy aluminium scrap. Destination : India
22-Mar-2024 Buying request

Interested to buy aluminium ingot LM25 on monthly basis. De...
22-Mar-2024 Buying request

Read this news article and much
more on the AL News app
Get real-time news and business
lead alerts on your phone
SUBSCRIBE NOW
Market

Market

Project

Project

Technology

Technology

Leads

Leads