AlCircle News Edited By "Debanjali Sengupta"
Debanjali Sengupta is a passionate content writer with 10 years of experience in Business writing, Web Content writing, Blogging, Editing and Research. She is responsible for generating and editing content for AlCircle Newsletter and other online and offline content for enhancing the brand value and its visibility among global users.
Ardagh and Exal to jointly form a new metal packaging company Trivium Packaging
Ardagh Group, a Luxembourg-based producer of glass and metal containers, has reportedly agreed to combine its good and speciality metal packaging business with one of the world’s largest extruded aluminium containers producers Exal Corporation. As per the report, they will together form a new metal packaging company Trivium Packaging, which will be one of the world’s largest metal packaging companies. Trivium will be headquartered in the Netherlands and will employ about 7,800 people for its 57 production facilities, mainly in Europe and America. Ardagh said Trivium would serve a diverse range of multinational and regional customers operating in a wide array of end markets like food (sea food and pet food), nutrition, beauty and personal care, household care, and premium beverages. Paul...
China’s daily average aluminium output hit record high in June, according to Reuters Calculations
According to Reuters’ calculations, China’s daily average aluminium output hit record levels in June and pegged at 99,000 tonnes, up from 96,000 tonnes in May and also higher than the previous record levels of around 98,400 tonnes in December 2018. But despite an increase in daily production, the total production in the entire month of June totalled slightly lower than the previous month, according to the data from the National Bureau of Statistics. The data shows that in June, China produced 2.97 million tonnes of aluminium, down 2.98 million tonnes in May but up 1.3 per cent year-on-year. The hike in daily output followed a jump in Shanghai aluminium prices to as much as RMB 14,380 per tonne in May, resulting in positive margins for some smelters and incentivising ramp-ups. But in June,...
Alumina spot price declines by RMB25/t but A00 aluminium ingot price rises by RMB80/t on improved spot transaction
The average spot price of alumina has further recorded a decline across China by RMB 25 per tonne to stand at RMB 2,582 per tonne, found Shanghai Metals Market. The domestic price since the beginning of the month has been displaying a sluggish sentiment on increasing demand for imported alumina, ranging between RMB 2,786 per tonne and RMB 2,582 per tonne. The price in the east and north has dipped by RMB 30 per tonne to RMB 2,590 per tonne and RMB 2,570 per tonne, while that in the central and south has inched down by RMB 20 per tonne and RMB 25 per tonne to stand at RMB 2,590 per tonne. The Australian alumina FOB price, however, has not recorded any change as of today, July 15, from US$310 per tonne. But the overall trend of the Australian alumina FOB price since the beginning of the...
France’s aluminium bar rods and profiles import from Spain estimated to grow 6% YoY in 2019
Aluminium bar rods and profiles market has been fairing high across the globe over the past few years, thankfully due to massive infrastructural advancements and refurbishment. By 2020 global aluminium extrusions market for the building and construction sector are likely to account for almost 74 percent of the overall market share to continue its dominance as the key revenue generator. The global export-import data reveals that amidst the uptrend of aluminium bar rods and profiles market, France’s import of the product is seeing a continued year-on-year rise. Its import from Spain, which is one of its key aluminium bar rods and profiles suppliers, is also growing both in terms of volume and cost. Let us now see how France’s aluminium bars rods and profile import from Spain is trending...
Canyon Resources finds 8 metres at 56.76% aluminium oxide from aircore drilling on Agnes Plateau
Canyon Resources Limited continues to conduct aircore drilling over the Minim Martap Project, a World Class, Tier One Bauxite asset in Cameroon, and recently discovers high-quality results yet again, according to a report. The drilling was conducted on the Agnes Plateau from where Canyon discovered 8 metres at 56.76% aluminium oxide and 1.63% silicon dioxide, 10 metres at 53.50% aluminium oxide and 2.08% silicon dioxide, and 8 metres at 53.30% aluminium oxide and 1.50% silicon dioxide, all from the surface. Canyon’s chief geologist Dr. Alexander Shaw said, “The most recent drilling results from the Agnes plateau are very pleasing and confirm that Canyon’s drilling may be contributing to the improvement of the scale and grade of the Minim Martap resource.” He also said, “A number of holes...
YCM’s first zero emission committee boat with aluminium to be delivered in 2020
At the sixth annual Monaco Solar & Energy Boat Challenge on July 6th to 7th, the Yacht Club de Monaco (YCM), in presence of HSH Prince Albert II - the yacht club's President, revealed that it was planning to construct the first Zero Emission Committee Boat. The size of the boat will be11.5-metre and will be built with aluminium due to having recyclable properties. Naval architect Espen Øino has designed the hull and structure of the boat, while Dario Calzavara has taken the responsibility for engineering. As this committee boat will be quiet with no carbon emissions, it will be used for whale watching excursions, along with all regattas organised by the Yacht Club de Monaco. The total accommodation capacity in the boat will be for up to 12 passengers. Power will come from twin 100kW YASA...
China’s auto charging piles amount to over 1 million by June
China Electric Vehicle Charging Infrastructure Promotion Alliance data on Wednesday, July 10, shows that by the end of June 2019, China had over 1 million charging piles or power ports for electric vehicles, up 69.3 per cent year on year. For public charging piles, members of the alliance added 10,926 units last month, which brought the total number to 412,000 units, 51.5 per cent higher from the previous year. Beijing, Shanghai, Jiangsu, Guangdong, Shandong, Zhejiang, Hebei, Anhui, Tianjin, and Hebei are the 10 regions in China leading in having public charging infrastructure facilities. They account for 75.3 per cent of the nation’s total number of charging stations. By the end of 2020, Guangdong Power Grid is expected to invest RMB 2.7 billion to build over 10,000 charging points...
Vedanta to invest INR 55,000 crore for enhancing production; Integrated aluminium output to be grown 50%
Vedanta Limited, at its 54th annual general meeting in Mumbai on July 11, announced that it would invest INR 55,000 crore across its business to increase production by about 50 per cent. The company also said that it would fund this investment from its internal cash flows. Addressing shareholders at the meeting, Vedanta’s chairman Navin Agarwal said, "Looking ahead, we are excited by the prospects in our businesses which include: ramp-up in zinc, lead and especially silver production from Hindustan Zinc and the benefit of a full year’s production from our Gamsberg Zinc mine in South Africa; increased production from our oil and gas business as the first phase of our projects comes on stream and continued structural changes to our cost structure in the aluminium business while increasing...
Maserati to launch Levante Trofeo in India featuring forged aluminium alloy wheels
Italian car manufacturer Maserati is reportedly expected to launch Levante Trofeo in India by later this year. Comprising of 22-inch forged aluminium alloy wheels, the SUV weighs lighter; while its carbon fibre inserts to the rear, side skirts enhance the look. The car also sports matte paint scheme internationally, which is likely to come into the Indian markets as well. The ‘Ultimate Maserati of SUVs’, as the company calls it, powers a 3.8-litre, twin-turbocharged V8 engine under the hood and churns out a whopping 590 bhp with a peak torque of 730 Nm. You can do a sprint of 0-100 km/h in flat 3.9 seconds, with the top speed limited to 300 km/h. Besides the powerful engine, what differentiates Trofeo from regular Levante is its incredible styling. It comes with a sharper revised grille...
Primary aluminium inventories mark first weekly rise in four months; A00 aluminium ingot price up by RMB80/t
After recording a continued decline over the months, the social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, have gained 14,000 tonnes from a week ago to stand at 1.042 million tonnes, as of Thursday, July 11, found Shanghai Metals Market. The major markets that have witnessed the increase in aluminium inventories are Nanhai, Guangdong; Gongyi, Henan; Hangzhou, Zhejiang; Linyi, Shandong; and Tianjin. The inventories there have grown by 12,000 tonnes, 5,000 tonnes, 2,000 tonnes, and 1,000 tonnes respectively. Other markets like Wuxi, Jiangsu and Shanghai have witnessed a dip in inventories by 4,000 tonnes. The below chart indicates the current status of primary aluminium inventories in more details: Amidst the rise in primary aluminium...
Madison County to receive new 95-gallon carts from RANA for collecting aluminium and metal cans
Madison County in Illinois is expected to go greener soon as it is about to receive new carts from the Recycling Alliance of North Alabama (RANA) for expanding recycling service in the area. Doc Holladay, Executive Director of the Solid Waste Disposal Authority, said: “Those who have registered for carts before June 28th should start seeing them delivered this week. We started yesterday and over the next few weeks, folks will have their carts delivered so they’ll be ready when they start recycling in August using the carts.” Replacing the existing 18-gallon bins, the new 95-gallon carts will start collecting recyclable items, such as paper bags, plastic bottles, and aluminium and metal cans, from early August. No glass product is allowed. As per the report, more than 53,000 households...
France’s aluminium scrap export expected to grow 3% YoY in 2019; Italy and Spain to remain the leading importers
France is one of the key growth markets in the European aluminium industry. Packaging, building, and automobile are some of the key sectors that drive the aluminium consumption in France and generate a substantial amount of scrap every year. The highest recycling percentages can be seen in the construction and transport sector of up to 95%, while the packaging sector is equally growing as well, due to the increased uses of foils and cans. The average European car contains over 130 kilograms of aluminium and this level is increasing which is also boosting the amount of end-of-life aluminium scrap generation from the automotive sector. So, if we take a look at the trend of aluminium scrap export by France, we can see that the country has been recording an incessant rise in its scrap export...
Aluminium light alloy yachts specialist Baglietto launches its first ever largest vessel
On Saturday, July 6, Italian yard Baglietto launched its 55-metre motor yacht named Severin°s. It is the largest vessel ever built by Baglietto. Also known as hull No. 10225, the vessel reflects the yard’s traditional Italian style, along with the lowered gunwales and side air vents. Francesco Paszkowski Design has designed the interior of the yacht in collaboration with architect Margherita Casprini. Baglietto specialises in the construction of aluminium light alloy yachts ranging between 35 and 50 metres in length and steel and light aluminium alloy displacement yachts above 40 metres. Severin°s main deck is dedicated to family, with a spacious master suite and two guest cabins. On the lower deck, there are two additional guest cabins, cabins, with a crew mess room and six crew cabins...
Napco appoints new CFO with over 10 years of experience in aluminium industry
Oman’s National Aluminium Products Co. (Napco) announced in a missive to Muscat Securities Market that it appointed Raees Ahmed, a member of Institute of Cost and Management Accountants (ICMA) of Pakistan, as its chief financial officer. Besides being a member of ICMA Pakistan, Mr. Ahmed has 11 years of experience in the aluminium extrusion industry. Before joining Napco, he worked as a manager of accountants at Forland-Foton JW Auto Park, said Napco’s chief executive officer Ihab Mouallem. National Aluminium Products Co. was established in 1984 and is one of the leading extruders of aluminium profiles in the GCC market. Located in the Rusayl Industrial estate in the Sultanate of Oman, NAPCO offers a wide range of aluminium profile extrusions in finishes that suit functional modern design...
China’s NEV sales up 38.7% YoY in June; Total sales in H12019 stand at 577,000 units
China Passenger Car Association (CPCA) data shows that China’s new energy vehicle (NEV) sales in June recorded month-on-month growth by 38.7 per cent and year-on-year by 98.7 per cent to stand at 134,000 units. In the previous month as well, China’s new energy vehicle (NEV) sales had registered a year-on-year rise by 5.4 per cent to come in at 97,000 units. This had brought the total sales of new energy vehicles during January-May stood at 442,000 units, up 58 per cent from the same period last year. With the sales in June, China’s total sales of new energy vehicles during the first half of 2019 (January to June) stood at 577,000 units, with a year-on-year increase of 65.9 per cent. Data from CPCA also shows that China’s retail sales of passenger cars in June stood at 1.8 million units,...
Sainsbury’s to roll out reverse vending recycling scheme to collect plastic bottles and aluminium cans
The supermarket giant Sainsbury’s at its Braehead store in Glasgow is reportedly carrying out trials for its reverse vending recycling scheme, which allows customers to deposit plastic bottles of any size up to 3 litres and aluminium drink cans in a machine in exchange for a coupon worth £5 per item towards their shopping. With the beginning of this initiative, Sainsbury’s store in Glasgow will be the third in the UK to offer this service. Last month, two stores in Lincoln and Hull began offering the same service. Customers can deposit up to a total of 500 plastic bottles and aluminium drink cans per visit, which means they can save up to £25 on shopping. In this regard, Judith Batchelar, director of Sainsbury’s Brand, said: "We're delighted to offer a new way to help our customers...
South32 Worsley Alumina submits revised proposal to EPA for bauxite mine expansion
According to a recent report, South32 Worsley Alumina has submitted a revised proposal to the Environmental Protection Authority (EPA) stating its wish to expand Worsley bauxite mine in the South West of Australia. In the revised proposal, the Australian mining company has also mentioned that the expansion of the bauxite mine would require two river crossings over the Hotham River and involve clearing up to 7119.5 hectares of native vegetation. The updated proposal also includes the development of a contingency mining area and maintenance work at the refinery, as well as the development of associated mine and support infrastructure. The Environmental Protection Authority has kept the proposal open for masses’ suggestions and advice whether the proposal should be assessed and at what...
Heesen unveils new 49.8-metre superyacht featuring aluminium fast displacement hull
Dutch shipbuilding company Heesen Yachts has recently unveiled 49.8-metre long luxury yacht Boreas at its own shipyard in Oss. The vessel, based on the Nova Plus platform, is comprised of an aluminium fast displacement hull developed by Van Oossanen Naval Architects and an aluminium superstructure. Boreas has an accommodation capacity for 12 guests split between six staterooms, including a main deck owner’s suite and five further guest cabins below decks, and has crew quarters for up to 9 staffs. Boreas will remain at the yard for commissioning before departing to Hellevoetsluis for sea trials. She will be delivered to her owner next month. According to the report, the owner worked closely with Mark Whiteley Design to create a contemporary and inviting interior. RH400 and Aquarius by...
