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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The lightweighting trend opens up endless growth opportunities for aluminium as an industrial material: above all, the material’s distinct technology and design advantages are making a splash in automotive engineering, the transport sector and the construction industry. ALUMINIUM 2016 in Düsseldorf will reveal how the market for lightweight materials continues to grow. Some 1,000 exhibitors from 50 nations will be on hand at the world’s largest industry trade fair from 29 November to 1 December to present trailblazing solutions for increased efficiency in aluminium production and processing. ALUMINIUM 2016 will cover the industry’s complete range – from aluminium production to machines and plants for processing to finished goods and recycling. Besides lightweight construction, the...
The Aluminum Extruders Council (AEC) has released the most comprehensive industry-wide set of Environmental Product Declarations (EPDs) for aluminium extrusions manufactured in the United States and Canada. The EPDs quantify the ‘cradle-to-gate’ lifecycle environmental impacts of aluminium extrusions. One EPD is for thermally-improved extrusions – of particular interest for fenestration applications – and one covers extrusions that have not been thermally improved. Both provide data for mill finish, painted and anodized products, so architects and designers can assess the environmental impacts of finishing and thermal improvement decisions. The EPD’s are based on a detailed study of the process inputs and outputs of 11 AEC member extruders. Thirty separate facilities, located across the...
Jindal Aluminium Limited (JAL), the leading manufacturer of aluminium extruded profiles in Bangalore, India, has a new exec at the top. Pragun Khaitan has been appointed as the Managing Director of the company, said a company release. SR Jindal will continue as Chairman and will play a key role in devising strategies for the Group. Jindal Aluminium’s first factory in the country was established by SR Jindal in 1968. The noted aluminium extruded profile manufacturer recently established an aluminium rolling division and is currently among the largest aluminium extruders with about 30 per cent market share. Over the years, JAL has made significant investments in alternative and renewable energy. It set up the first wind power plant in Karnataka way back in 1968. JAL boasts a considerable...
Novelis Inc, the world's largest maker of rolled aluminium products, sees demand for the metal growing 4-5 percent in 2017, boosted by sales to carmakers and can manufacturers, company executives said on Tuesday. "Globally we see somewhere around 4-5 percent of downstream rolled aluminium growth," Novelis Chief Executive Steve Fisher told Reuters in Seoul. That varies region to region, product to product, but that's kind of an overall growth rate that we see for aluminium through 2017," Fisher said. In Asia, aluminium demand for both automobiles and cans is expected to grow faster than the rest of the world due to population growth and increasing environmental awareness. "Cans could grow 5 to 6 percent in Asia, South East Asia will be 7 to 8 percent, but automotive 20 to 25 percent," said...
Sapa has developed the first-ever automotive aluminium brake line using a high-strength aluminium alloy. The company will be showcasing the new development at IZB, one of Europe’s leading trade fairs for the automotive supplier industry. It takes place on October 18-20 in Wolfsburg, Germany. “The entire industry is on a mission to reduce weight in cars as a key to lowering emissions. In Sapa, we are using our knowledge to identify new parts where we can use aluminium to make cars lighter, safer and more efficient. The brake line development is one such innovation, that can reduce the weight with over 50 percent compared to steel,” says innovation and technology manager Jens Sandahl Sørensen. Fourteen meters of weight savings The normal volume of a brake line in a light vehicle is around...
The global lightweight metals major Alcoa reported third quarter 2016 results today. Arconic segments reported combined year-over-year profit growth despite near-term market challenges. Revenue totalled at $3.4 billion, ATOI $267 million, and adjusted EBITDA $517 million during the period under review. Combined ATOI and adjusted EBITDA of the innovation and technology-driven downstream segments increased 4 percent and 2 percent, respectively, year over year. The combined Arconic segments also generated $187 million in productivity as part of their business improvement programs, announced in the first quarter of 2016. Arconic segments are on track to deliver $650 million productivity savings in 2016. Segment performance Global Rolled Products In the third quarter, Global Rolled Products...
Assan Alüminyum, a subsidiary of Kibar Holding and the largest Turkish producer of flat-rolled aluminium products is planning near term growth strategies through new investments. One such significant investment plans is the construction of Turkey’s first modern and high-width aluminium hot rolling facility by commissioning an Achenbach OPTIMILL Foil Rolling Mill. It aims to produce semi-finished products to supply to aerospace, defense, aviation, transportation and flexible packaging sector. Assan Alüminyum plans to grow as one of the world’s leading aluminium brands. With the commissioning of this project Assan Alüminyum will add first-class aluminium alloys to its product range. That way Assan Alüminyum will become the sole hot rolling mill operator in Turkey. The company will produce...
According to a recently published market research report by Reportbuyer, global consumption of aluminium rolled products that are primarily used in packaging, transportation and construction sectors amounted to 23.8 million tons in 2015, up 5.1 per cent from a year ago and a 1.5 percentage points slowdown from 2014. Packaging industry took the largest proportion of aluminium rolled products consumption (41 per cent), followed by the transportation sector (23 per cent). It is projected that global consumption of aluminium rolled products will hit 30 million tons in 2020 at a CAGR of around 5 per cent with the transportation likely surpassing packaging to become the largest application market of aluminium rolling. China, as the world's most important aluminum processing & consumption base,...
China's Baise Mining Group is extending value chain to downstream processing after its 300,000-tpy coal-electricity-aluminium project recently went on-stream, reported local media. The company has begun construction on its 10,000-tpy precision aluminium processing project in Guangxi province. The project is being built at a total investment of 77 million yuan, with estimated construction period spanning at 18 months. Baise Mining Group Co. Ltd. mines, processes, and distributes coal products. Besides, it also has other mineral ore production, power generation, aluminum, coal logistics, building materials, and other operations.
Innovative features such as Quiet Power Technology™, Just Check & Add™, and Mow N' Stow® have helped build on Briggs & Stratton Corporation's reputation for quality, value and performance. However, at Briggs & Stratton, innovation runs deeper than the finished products. A recent example of innovation occurred at the Murray, Kentucky manufacturing facility with the redesign of the cylinder head aluminium die cast for the 125cc and 140cc E-series engine made from a 383 aluminium alloy. This new die cast component won the Productivity award from the North American Die Casting Association's (NADCA) annual International Die Casting Design Competition in September. NADCA promotes awareness and growth of the die cast industry. For 43 years, NADCA has sponsored the International Die Casting...
During Aluminum Week held in Washington, DC, The Aluminum Extruders Council (AEC) together with the Aluminum Association put forward the U.S. aluminium industry’s voice in front of the government. AEC members urged the government to come to a solution on the prolonged circumvention and duty evasion complaints regarding some Chinese aluminium extrusion imports and primary aluminium overcapacity in China, which is disrupting the international markets. Selected Council Members also testified at the U.S. International Trade Commission hearing on “Aluminium: Competitive Conditions Affecting the U.S. Industry”. The firm and constant follow up by this sole association that protects the rights of the downstream players in North America is expected to bring about a solution to this lingering...
JW Aluminum announces a conversion price increase of three cents ($0.03) per pound on all continuous cast products. The price increase applies to all new orders placed on or after Wednesday, October 12, 2016. JW Aluminum will honor contractual pricing agreements made prior to October 12, 2016. JW Aluminum is a U.S. based firm that manufactures specialty flat-rolled aluminum products including fin stock used by the heating and cooling industry, light gauge converter foil for the flexible packaging industry, honeycomb foil for the aerospace industry, bare and painted sheet products for window coverings and the building and construction markets, as well as other foil and sheet products.
Italian crown cork and cap manufacturer Pelliconi Group has signed a contract with Sacmi to supply a new metal cap production line for its China business. Sacmi, a manufacturer of the aluminium cap liner-making and application machine, will provide the firm with line capable of producing advanced Maxi P-26 pull closure that makes both liner and cap in addition to applying the practical ergonomic-grip pull ring. The production line has an yield rate of 1200 caps per minute. The modern Maxi p-26 is basically a single-use aluminium cap designed for PET, glass and aluminium bottles. Sacmi's production line features a vertical press that flattens and shapes metal sheets into caps, and a downstream PMV unit that applies the liner. The line also comprises of an RCM machine which moulds and...
Endurance Technologies Ltd, an Aurangabad-based automobile parts maker, on Tuesday said it has raised INR348.5 crore by allocating shares to so-called anchor investors, a day ahead of its initial public offer (IPO). Shares were allocated at INR472, the upper end of the IPO price band of INR467-472, the company wrote to stock exchanges. The anchor book is the portion of the IPO which bankers can allot to institutional investors on a discretionary basis. Anchor book subscription opens a day before the launch of an IPO and acts as an indicator of institutional investor interest. The three-day IPO opens on 5 October. The company is backed by UK-based private equity firm Actis Advisors Pvt. Ltd. Government of Singapore, Monetary Authority of Singapore, Nomura, Goldman Sachs and Amundi were...
Endurance Technologies is all set to float its initial public offer tomorrow. Below listed are 10 things investor should consider in Endurance Technology IPO: 1. First thing first- Endurance Technologies is India's largest aluminium die casting manufacturer and one of the country's leading automotive component manufacturers in aluminium die casting (including alloy wheels), suspension, transmission and brake systems segment. 2. The company supplies aluminium die castings to 2/3-wheeler manufacturer in India; in fact it is the largest supplier to 2-wheeler and 3-wheeler manufacturers in the country. It also caters to the 4-wheelers market in Europe. 3. Endurance Technologies operates 25 plants globally, with 18 of these manufacturing plants in India- all located in the major automotive...
According to the preliminary estimate of The Aluminum Association, for the month of August, U.S. and Canada shipped 463.0 million pounds of Aluminium Extruded Products (extruded shapes, pipe & tube, and rod & bar). This is an increase of 4.3 per cent over the August 2015 total of 444.1 million pounds. On a month-on-month comparison, shipments increased 12.9 per cent over the revised total of 410.0 million pounds in July 2016. Total shipments from January to August 2016 were 3,536.9 million pounds, up 1.7 per cent over from the same period of 2015. For the month of August, U.S. and Canada made an estimated net shipment of 2,135 million pounds of Aluminium (including exports), up 6.8 per cent over the August 2015 total of 1,999 million pounds. Shipments of aluminium mill products increased...
Hunan to construct eight remarkable nonferrous metals parks in 13th Five-Year Plan period, according to the province’s Development Plan for Nonferrous Metals Industry in the 13th Five-Year Plan Period released September 29, xinhuanet reports. Meanwhile, the Plan said annual output of ten nonferrous metals will be controlled around 3.5 million tonnes by the year 2020, and output of six concentrates will be 1.5 million tonnes per year. The province also aims to raise the proportion of nonferrous metals new material and deep processed products to over 50% by the end of the 13th Five-Year Plan period, with industry integration ratio up to 60%.
Reynolds Manufacturing has announced plans of expansion at its west Louisville wrap aluminium foil manufacturing plant that would add up to 50 jobs. According to an official release, the company received approvals from the State officials on Thursday for an economic development subsidy amounting up to $650,000 to be paid out over a period of 10 years, provided Reynolds sticks to its plan and keeps updating the concerned authority about the progress at stipulated intervals. The downstream aluminium project will create significant employment opportunities in the region. The plant is located at Hale Avenue in Parkland. According to the Kentucky Economic Development Finance Authority, which approved the subsidy for Reynolds on Thursday said the expansion is aimed at leveraging "the growth of...
