ABB has secured two orders from China’s Southwest Aluminum to supply integrated automation and digital technologies for two six-high aluminium cold rolling mills, supporting the manufacturer’s wide-strip production expansion and upgrade. The projects involve a 2,500 mm two-stand mill and a 3,000 mm single-stand mill, with both lines expected to be fully commissioned and operational by the end of 2027. Chongqing-based Southwest Aluminum is a subsidiary of the Aluminum Corporation of China (Chinalco). The orders build on the longstanding cooperation between ABB and the aluminium producer, with the latest projects focusing on process stability, control precision and production performance. Explore insights and forecasts for the aluminium flat rolled products (FRP) market from our...
India-based PG Foils Limited plans to establish a downstream aluminium manufacturing facility in Bahrain, focusing on electric vehicle (EV) battery foil and pharmaceutical foil production. The proposed investment is expected to expand the kingdom’s aluminium downstream capabilities and strengthen its manufacturing base. Bahrain’s Ministry of Industry and Commerce signed a letter of intent with PG Foils for the project. The agreement was signed by Industry and Commerce Minister Abdullah bin Adel Fakhro and PG Foils Joint Managing Director Sahil Shah during the fourth edition of the Gateway Gulf expo, which opened on November 1 in Manama. Explore: The most comprehensive and forward-looking industry-focused report – Aluminum Foil Market Report Forecast Till 2035 Hosted by the Bahrain...
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India’s Navaratna public sector enterprise and leading integrated aluminium producer National Aluminium Company Limited (NALCO) has expanded its value added products portfolio with the launch of AA 3105 Alloy Fan Blade stock. The superior value added rolled product can be used for a wide range of applications. Dr. Tapan Kumar Chand, CMD of the company said, “With this product, NALCO will be widening its base in value added products and also be an active partner in the Make in India movement. This value-added product will strengthen the NALCO’s product mix and cater to the requirements of customers.” In July this year, the company announced that they had started the production of the alloy at its rolling plant in the smelter division. The first consignment of this product was flagged off...
According to a recent press release from European Aluminium Foil Association (EAFA), aluminium foil deliveries for the period April to June 2017 remains flat YoY. Total domestic deliveries of all gauges increased only 0.2% in comparison to the same period of 2016, and exports dropped by 1%. The association however is optimistic about improvement in trading activities. The association sees the gains made at the end of 2016 are consolidating during the first half of 2017. Total production increased 1.2% to 454,400t in comparison to 449,100t in the same period of 2016. The increase in thinner gauges, used in flexible packaging and household foils, was 1.6% and increase in thicker gauges, used for semi-rigid containers and technical applications stood at 0.3%. Commenting on the results, newly...
China downstream aluminium producers were found to buy aluminium ingots in a calculative manner after SHFE aluminium prices rose sharply today. On Wednesday, August 30, domestic aluminium processors, extruders and rolled product manufacturers had engaged in bargain hunting after aluminium prices in east China spot market dropped below RMB 16,000 per tonne. As on Thursday, August 31, mainstream traded prices of the light metal contracts stood at RMB 16,120-16,140 per tonne in Shanghai, with discounts of RMB 230-220 per tonne over SHFE 1709 aluminium. Traders literally jumped into the spot market to stockpile goods. China’s official manufacturing PMI rose to 51.7 in August, higher than 51.4 in July and 51.3 projected. With other macroeconomic factors remaining steady, the demand from key...
According to data from the Korea Nonferrous Metal Association (KONMA), South Korea has increased its sales volume of aluminium foil on a yearly basis in first half of 2017. The nation’s sales, both domestic and international rose in the mentioned period. South Korea’s sales by aluminium foil producers increased 4.7 per cent year-on-year to 48,500 tonnes in the first half of this year, as reported by Shanghai Metals Market. The total domestic sales were up 6.3 per cent year-on-year to 28,800 tonnes. The exports totalled 19,600 tonnes in H1 2017, an increase of 2.6 per cent year-on-year. As per earlier reports, the South Korean government projected economic expansion of 3 percent in 2017 while the government sees export surging 10.2 per cent this year. "South Korea's potential growth rate...
Zhongwang Aluminium Deutschland GmbH, a subsidiary of China Zhongwang Holding Ltd., a manufacturer and developer of aluminium extrusion products, has acquired Aluminiumwerk Unna AG (Alunna) in August 2017. Zhongwang will hold 99.72% stake in Aluminiumwerk Unna AG (Alunna). The acquisition will improve Zhongwang’s capability in seamless tube extrusion, reported by Shanghai Metals Market. Aluminiumwerk Unna AG is a leading manufacturer of seamless extruded aluminium tubes as well as tubular profiles. The company located in Unna, Germany, produces high-strength products for the aerospace industry. Alunna generated revenues of about 65 m€ in 2016. In addition to aluminium alloy tubes, the company produce profiles, strip and extrusion billet. The plant has a cast house, extrusion plant, heat...
Midhani, the India based public sector unit, a supplier of special materials to the strategic sectors, has taken up an INR 1,400-crore modernisation and expansion initiatives. It has already modernised various captive facilities such as the Forge Press, Ring Roll Mill, ESR, etc. during the first phase with INR 400-crore. The Union Minister of Defence and Finance Arun Jaitley inaugurated the modernised units and laid foundation for the second phase. The second phase will take up expansion of various captive facilities like Armouring Unit, Tungsten Power Plant, Solar Power unit, Close Die Forging & Reheating Furnaces. The project is expected to be completed in 3-4 years with an investment of INR 1,000 crore. According to the Chairman and Managing Director of Midhani, Dinesh Kumar Likhi, in...
As the Middle East is readying to become a lucrative automotive manufacturing hub, UAE’s aluminium alloy ingot import is rising on per year basis. The country which is basically a net exporter of aluminium alloys has been buying a lot of this value-added light metal product from the international market over the last three years. In March this year, plan for a major new auto hub in Abu Dhabi was unveiled at the Global Manufacturing and Industrialisation Summit (GMIS). The ‘Rahayel City’ developed by ZonesCorp will accommodate automotive manufacturers, parts providers, distributors, and dealers. Keeping in view the rising demand of aluminium alloys from wheels and auto parts manufacturers, UAE’s aluminium alloy import is expected to increase in the foreseeable future. {newsStudioGallery}...
GF Automotive, a division of GF, announced on Friday, August 25, that it will acquire Eucasting Ro SRL, a high pressure aluminium die casting specialist with two productions sites in Romania. The companies have agreed not to disclose any financial details. Federica Mapelli, owner of Eucasting Ro SLR, said: “We are excited to become a part of GF Automotive and to plan together the next steps in our development. The strong know-how and the lightweight competences of GF Automotive will increase our options to better serve our existing and new customers.” Eucasting was founded in 1960 in Italy. The company started the expansion to Romania with a die casting foundry in Pitesti in 2006. Eucasting opened its second plant in 2010 based on a strong customer demand for aluminium castings. Yves...
Global technology powerhouse Siemens AG will equip Chinese aluminium factories with medium and low voltage drives technology. This would safeguard the productivity in the rolling mills by supplying powerful, reliable drive systems. The order is in the low tens of millions of euros, and commissioning will be completed in several stages between November 2018 and April 2019. SMS China, part of the SMS group, a worldwide plant constructor and machine manufacturer in the ferrous and non-ferrous metal industry, has given the order to Siemens for constructing aluminium rolling mills. The company will provide drive technology for cold rolling mills near Liaoyang in Liaoning Province in Northeastern China, and also for a cold and hot rolling mill in Yingkou, Liaoning Province. “In addition, a...
According to the latest report from Aluminum Association, aluminium product shipments in USA and Canada were up in July YoY. Shipments of Aluminum Extruded Products including extruded shapes, pipe & tube, and rod & bar by U.S. and Canadian producers stood at an estimated 432.5 million pounds during July 2017, up 5.4% YoY. On a month on month comparison, shipments decreased 7% from the June 2017 revised total of 465.3 million pounds. YTD shipments through July 2017 stood at 3,128.7 million pounds, up 1.6% over the 2016 YTD total of 3,079.4 million pounds. Estimated net shipments of Aluminium Sheet and Plate by U.S. and Canadian producers stood at 688.4 million pounds during July 2017, up 1% YoY. On a month on month comparison, shipments decreased 8.1% from the June 2017 revised total of...
While on one hand China is waging a tough war against the polluting alumina refineries and aluminium smelters, its downstream aluminium industry players are busy scaling their production and selling products off to the international market. As per the latest export-import data published by China General Customs, the country’s total aluminium semi-finished and finished products exports continued to surge in July 2017 {newsStudioGallery} China’s aluminium semi-finished products export totalled 390,000 tonnes in July and 2.52 million tonnes during January-July, up 6.6 per cent year-on-year. Barring aluminium bar, rod and profiles, export volumes of all other aluminium semi-finished product categories witnessed a jump during the periods under review. The table below shows the export volumes:...
Mingtai Aluminum Co. registered increase in both revenue and net profit in the first six months of this year. The company’s revenue increased by 41.10 per cent year-on-year to 4.67 billion yuan in the first half of 2017. Mingtai Aluminum’s net profit grew 33.06 per cent year-on-year to 180 million yuan in H1 2017. The company’s earnings per share were 0.37 yuan. Mingtai Aluminum manufactures aluminium sheet, aluminium coil and aluminium foil in China for electronic, automotive, transportation, construction, and other industries. China’s Guizhou Huaren New Materials Co. will soon start production of its first phase of aluminium project. The company will begin aluminium project of one million tonnes at the end of this month, says SMM survey. The first phase has a capacity of 500,000 tonnes...
Southwest Aluminum Co. posted an increase in its exports of aluminium processed products in January-July 2017. The exports grew 54 per cent year-on-year during the mentioned period, reported by Shanghai Metals Market. The company, one of Chalco’s subsidiaries, reported a growth of 12.9 per cent YoY in the production of high-precision plate & strip. Southwest Aluminum’s plate & strip sales increased by 13.4 per cent YoY. The company manufactures aluminium plates, sheets, strips, foils, tubes, rods and bars, die forgings, hand forgings, industrial profiles, as well as aluminium welding tubes, AL-Li alloys and others In other news, China’s Jianxin Mining Co.’s semiannual report shows an increase in net profit in the first half of 2017. The company’s profit was to 241.499 million yuan in the...
MRT Castings, a manufacturer of high quality die castings in aluminium alloys in the UK and Europe, is expanding its manufacturing operations in Andover, Hampshire. For this, the company acquired warehouse from DHL at Walworth Business Park in South Way, Andover. Phil Rawnson, Managing Director at MRT Castings, said, “We are delighted to have completed this acquisition from DHL with the support of Lambert Smith Hampton.” “Plot 66 provides us with the opportunity to redevelop this site into a new advanced manufacturing centre for aluminium die castings and machined components. It provides additional capacity for future growth to run alongside our existing facilities.” MRT Castings manufactures and exports aluminium, zinc, gravity and high pressure die castings. The company is celebrating...
AMG Superalloys UK, A Rotherham based metals manufacturing business and a business unit of AMG Advanced Metallurgical Group N.V. has reported increased earnings and profit despite a turbulent year. AMG Superalloys is a leading producer and supplier of specialty metals, alloys, and materials including aluminium products. The company is a highly specialized manufacturer of specialty products to the aluminum, steel, superalloy and glass industries. Though revenue dropped by 6 per cent from £132.3m in 2015 to £124.2m in 2016, EBITDA registered an increase to £9.7m, up from £6.1m. Profit before tax for the company rose to £8.1m from £3.4m. The increase in bottom line profit was primarily driven by a combination of higher sales volume, improved product mix and internal cost improvement...
The centre has expressed concern over the slow pace of the proposed Angul Aluminium Park project at Angul, Odisha. Ramesh Abhishek, secretary of the department of industrial policy and promotion (DIPP), asked the state government to complete the aluminium park project by March, 2018. Angul Aluminium Park is a joint venture between Navratna firm National Aluminium Company (Nalco) and state-owned Odisha Industrial Infrastructure Development Corporation (IDCO). "I have personally reviewed progress of the project on June 9 and found that the progress is poor (physical progress 1.82 per cent and financial progress—INR 1.57 crore) considering that the funds were provided to the project about 18 months ago," Abhishek wrote in a letter to chief secretary A P Padhi. According to the IDCO...
As reported by SMM, Shenhuo Group signed a deal with Shangqiu Urban-Rural Integration demonstration Zone Management Commission on August 17, to construct a high-end aluminium foil project in the city. Henan Shenhuo Group Co., Ltd. is an integrated commodity producer, which, together with its subsidiaries, produces primary aluminium as well as, aluminium foil, prebaked anode and cast aluminium alloy ingots. The company also engages in coal mining; power generation; coke production; cotton yarn milling; and product processing businesses in China. The project involves a total investment at RMB 3.6 billion and is expected to a designated annual capacity of 100,000 tonnes of high-end light gauge aluminium foil. Over 80% of products from the project will be exported to Europe and the US,...
China is the top exporter of aluminium foil in the world. The export orders can be customised here according to the client’s requirement which makes it convenient for end users to import aluminium foils from the country. {newsStudioGallery} China’s Shenhuo Group is all set to build aluminium foil project in Henan province. The company inked an agreement with Shangqiu Urban-Rural Integration Demonstration Zone Management on August 17 for the development of a high-end aluminium foil project, SMM reported. The plant will manufacture high-end light gauge aluminium foil with a designed annual capacity of 100,000 tonnes. The project involves an investment of 3.6 billion. China’s exports of aluminium foils are expected to slightly drop in the second half of 2017.The countervailing duties on...
