The European Aluminium Foil Association said that while exports continued to fall at -15%, European aluminium foil deliveries for containers and technical applications stabilised in H1 2022. (EAFA). According to EAFA statistics, the continent's overall demand for aluminium foil increased in the first half of 2022 by 0.7% to 494,000 tonnes from 490,300 tonnes in H1 2021. In the West Midlands, the industrial hub of the UK, one of the top aluminium facilities, Alucast, stepped in to reap the benefits of "servitisation," a practice wherein a business can directly include consumers in its revenue collection by providing them with some fee-based service. MetLase, an engineering company in Yorkshire, collaborated with the Advanced Manufacturing Research Centre (AMRC) to significantly reduce the weight of crucial aircraft components, revolutionising the manufacturing process. These parts would need to be made out of 7000-grade aluminium, which warps during machining and has a high internal residual stress.
One of the UK's leading aluminium facilities, Alucast, located in the West Midlands, the country's industrial core, stepped in to harvest the fruits of 'servitization', a process by which a company can directly involve customers in its revenue collection by offering them some chargeable service. The company foretells this might increase their earnings by 10 per cent resulting in an additional £800,000 turnover by customers accessing one-off services.
To know more: https://www.alcircle.com/news/alucast-uk-introduces-servitization-in-black-country-aluminium-facility-83503
Caribbean Blinds, a window and door maker based in Sadbury, England added some extra ground to gain a cumulative floor space of 30,000 sq ft to enhance the production of their flagship premium external shading system made of aluminium.
To know more: https://www.alcircle.com/news/caribbean-blinds-expands-extrusion-facility-for-enhanced-aluminium-profiles-production-83487
Yorkshire-based MetLase is an engineering specialist that worked with the Advanced Manufacturing Research Centre (AMRC) to revolutionise the making of crucial aerospace parts by cutting down the weight of the components by 12 per cent.
To know more: https://www.alcircle.com/news/metlase-develops-12-lighter-aluminium-aerospace-components-with-amrc-83490
As part of the company's hydrogen competence centre in Munich, BMW AG's Chairman of the Board of Management Oliver Zipse and Frank Weber, BMW AG's Member of the Board of Management for Development, inaugurated fuel cell system production on 31 August.
Achenbach Buschhütten, the specialist and world market leader for aluminium foil rolling mills and foil slitting machines, is pleased about a significant order from South Korea to deliver machines and equipment for a new battery foil production in the USA.
Panoramic Growth Equity supported the Lisburn-based stockholding firm, Aluminium & Plastic Solutions (APS), which sells PVCu and aluminium materials to the building sector. With this agreement, Panoramic has now made two investments in Northern Ireland.
To know more: https://www.alcircle.com/news/aluminium-plastic-solutions-secures-financial-support-from-panoramic-growth-equity-83532
Aludecor, a quickly popularising metal composite panel brand from India, honoured the country's Corporate Signage Industry heads in a current industrial event held at the City Luxury Hotel in Delhi. Aludecor has been serving the Indian sub-continent with aluminium composite panels (ACP) for the past twenty years with a signage market size valued at INR 1,200 crores and a premium clientele base consisting of names like HPCL, BPCL, IOCL, Reliance Jio BP, Maruti Nexa, Kia Motors and many more.
One of the biggest aluminium distributors in the Midwest, Howard Precision Metals, Inc., acquired by Ryerson Holding Corporation, a leading value-added processor and distributor of industrial metals. Howard, based in Milwaukee, Wisconsin, specialises in value-added processing services, such as the distribution of saw-cut extruded aluminium bars and high-quality, precision-cut aluminium plates.
To know more: https://www.alcircle.com/news/ryerson-acquires-midwests-largest-aluminium-distributor-83538
The Sri Lankan exporter of quality aluminium extrusion products to the global market, Swisstek Aluminium Ltd, launched a website (www.metals.lk) that will make selling scrap in Sri Lanka easier. The website has been created for the Ministry of Industries and Industrial Development Board (IDB), making it easier for firms islandwide to acquire and sell scrap metal, including aluminium, brass, and copper.
On Thursday, September 9, China's aluminium billet inventories plunged by 2,100 tonnes W-o-W across four major consumption areas. All other regions showed a reduction in their inventories, except Foshan, which had a build-up. Due to rising aluminium prices, downstream purchasers stocked at reduced prices, which aided in the destocking process and Yunnan's power difficulties and the impending holiday.
To know more: https://www.alcircle.com/news/aluminium-billet-inventories-in-china-falls-by-2-100-tonnes-w-o-w-across-4-major-areas-83546
European aluminium foil deliveries for containers and technical applications returned to stability in H1 2022 , though exports continued to decline at the rate of -15%, revealed the European Aluminium Foil Association (EAFA). EAFA data also showed the overall demand for aluminium foil in Europe grew in the first half of 2022 by 0.7 per cent to 494,000 tonnes versus 490,300 tonnes in H1 2021.
Sumitomo Electric Industries, Ltd. decided on July 2022 to upgrade its 'ALNEX ANX Series' with a new WS Type wiper blade that uses a chemical vapour deposition (CVD) single-crystal diamond 'SUMICRYSTAL V SCV10' as its cutting edge. This will enable the organisation to produce high-quality surface finish aluminium components for the automotive, electronics, energy and industrial sectors.
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