Alumil India, the fully-owned Indian subsidiary of Alumil Group, has successfully delivered advanced fenestration solutions for NICMAR University in Pune, transforming a precast campus vision into a functional, durable and future facing learning environment. The project required approximately three hundred windows within a tight timeline which was successfully delivered by Alumil India. The project deployed Alumil’s top-hung window systems combined with sleek mullions and glazing. “NICMAR University presented an opportunity to demonstrate how fenestration can become an integral part of both a building’s architecture and its performance. The project required us to respond to large openings, intensive daily usage, acoustic and weather considerations, safety, and the specific challenges of...
Anshika Jain resigned as Company Secretary and Compliance Officer of Golkonda Aluminium Extrusions Ltd. on October 24, 2026, citing personal reasons. The company informed the Bombay Stock Exchange about her resignation under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. To know the global production, demand and consumption forecasts of aluminium extrusions, explore our report " The World of Aluminium Extrusions to 2035 " In her letter, Jain said there were no other reasons for her resignation beyond the personal reasons mentioned. She also asked the Board to accept her resignation and complete the required formalities under the Companies Act, 2013. Managing Director Geeta Sethi signed the disclosure on behalf of the company’s Board. The...
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Thailand’s Foreign Trade Department has launched an anti-dumping investigation into the import of aluminium extrusions from China. This action comes in response to complaints from domestic steel manufacturers who argue that the increasing volume of imports is affecting local production. Ministry to launch an investigation Caretaker Commerce Minister Phumtham Wechayachai has announced that the ministry is launching an investigation as part of a broader effort to manage the growing influx of Chinese goods into Thailand. A ministry source, speaking anonymously, revealed that Phumtham has instructed relevant agencies to implement policies and measures to safeguard local industries. “With the trade war happening, local steel operators are concerned about Chinese steel products being dumped in...
Christian Mabey, Managing Director of Optima Products, has raised concerns over the increasing influx of Russian aluminium into the UK market despite ongoing sanctions, as published in The Manufacturer. According to Mabey, Russian aluminium is finding its way into the UK through third-party vendors in Eastern Europe and other regions, undermining the intended impact of the sanctions. Mabey highlighted that the Russia-Ukraine geopolitical crisis continues to cause significant disruptions across global supply chains, particularly in the metals markets. As a leading UK manufacturer and installer of aluminium-framed glass partitions, Optima Products plays a crucial role in the UK market and is heavily reliant on aluminium, making the company particularly sensitive to market fluctuations. "The...
Hulamin, a South African company that manufactures rolled aluminium products for precision and high technology applications, has reportedly announced its H1 financial performance ended June 30, 2024, highlighting reduced earnings caused by export pricing pressure and market challenges. As per the data revealed, Hulamin’s earnings before interest taxes, depreciation and amortisation (EBITDA) decreased 19 per cent Y-o-Y to R343 million, with rolled product sales down 3 per cent Y-o-Y to 87,340 tonnes. The group’s operating profit fell 8 per cent Y-o-Y to R433 million, while earnings per share plunged by 38 per cent to 43c. Amid this subdued fiscal outcome, Hulamin reported strong aluminium demand in the local market, up by 8 per cent, helping to offset weaker export market demand. CEO Mark...
Analysts from Fastmarkets have reported a slowdown in aluminium consumption in the European automotive industry, underpinning muted economic factors. A considerable decline in automobile production due to the ill effects of the cost-of-living crisis has resulted in reduced applications of lightweight metal, according to Fastmarkets analyst James Moore. Kirstine Veitch, principal consultant at Fastmarkets, also explained: “The real issue is the low level of vehicle output in Europe. While automotive output remains depressed, the European PFA sector will remain challenging.” The effect of the decreased production of automobiles is also seen in the premiums of primary foundry alloy (PFA), which is primarily used in automotive parts. According to Fastmarkets data, premiums for aluminium...
Walter has acquired PDQ Workholding LLC (PDQ), a Columbia City, IN-based workholding fixtures and tooling specialist. This strategic move bolsters Walter’s portfolio, particularly in workholding products, catering primarily to customers across the Americas. The acquisition aligns with Walter’s broader strategy to expand its footprint in advanced machining solutions and lightweight materials, particularly in key regions. By integrating PDQ’s expertise, Walter aims to enhance its early involvement in component projects, improve operational efficiency, and drive future cutting tool sales. Workholding is a crucial service performed in the manufacturing industry. It involves using specialized tools and equipment to hold and secure workpieces during machining operations. Additionally, this...
China's economic momentum slowed in July as factory output growth eased to 5.1 per cent year-on-year, down from June's 5.3 per cent pace. This signalled tepid domestic demand and added to calls for additional policy support to sustain the country's uneven recovery. The National Bureau of Statistics (NBS) released the official figures on August 15, 2024, which fell short of the anticipated 5.2 per cent increase projected by a Reuters poll of 42 analysts. Despite the slowdown in industrial production, retail sales—a crucial measure of consumer spending—offered a glimmer of hope, rising 2.7 per cent in July, up from a 2.0 per cent increase in June. This exceeded analysts' expectations of a 2.6 per cent rise, suggesting that consumer activity may be gaining traction. However, fixed asset...
Inner Mongolia North Aluminum’s high-end aluminium plate and foil project with an annual capacity of 200,000-tonnes has finally entered the trail production phase. The project commenced construction in March 2023 and has successfully completed all pre-construction tasks. Inner Mongolia North Aluminum Co., Ltd. is constructing a high-end aluminium foil production project in the Huolingol High-Tech Development Zone. The project, which spans 300 acres, will have an annual output capacity of 200,000 tonnes and a planned total investment of 1.5 billion yuan. The main equipment includes aluminium plate foil production systems such as casting rolling, cold rolling, foil rolling, and colour coating units. The products primarily consist of battery foil, double-zero foil, decorative foil, and more....
TAB Bank, a technology-driven, online bank serving small businesses, recently announced a $27.8 million credit facility for a southern California aluminium extrusion manufacturer as part of its commitment to providing business support during challenging times. The package, comprising a $20 million revolving line of credit and a $7.8 million term loan, is a lifeline for the company, which was reportedly facing headwinds with its previous lender. The manufacturer, introduced to TAB Bank through a trusted referral, found a willing and innovative partner in the Utah-based bank. TAB Bank's tailored credit structure addresses the company's immediate financial needs and positions it for renewed growth and expansion. This partnership marks a significant win for both parties. The aluminium...
Nigeria stands at a pivotal crossroads. The nation's auto spare parts sector, with an estimated annual revenue ranging from $500 million to $900 million, possesses the latent power to become a cornerstone of economic growth. Yet, this potential remains largely untapped, as local manufacturing is minimal or virtually non-existent, leaving the country heavily reliant on imports. Contrast this with Tunisia, Africa's second-largest auto parts and components exporter after Morocco. Despite lacking a robust automotive assembly industry, Tunisia boasts about 280 auto industry firms that provide 90,000 jobs. Ambitiously, it plans to double its auto industry exports to $4.7 billion by 2027 and create an additional 150,000 jobs. This success story underscores a critical lesson: manufacturing can...
An attempt to list Novelis Inc. on the U.S. stock market is now projected for 2025, according to Satish Pai, Managing Director of Hindalco Industries Ltd. This follows the postponement of the aluminium subsidiary's initial public offering, which was originally scheduled for 2024 but was delayed in June due to "adverse market conditions." The decision to push the IPO to 2025 reflects Hindalco's cautious approach amid ongoing market volatility. Pai emphasised that the company remains committed to the listing but will wait for more favourable conditions before moving forward. Pai said the only reason for listing Novelis was a premium valuation. "We do not need the money for Hindalco's operations in India." When the company first pursued an IPO, it did not receive the premium valuations that...
MAAN Aluminium, a leading aluminium extrusion manufacturing company, has declared its financial results for the first quarter of the fiscal year 2024-25. In the report, MAAN Aluminium highlighted that its revenue decreased by 14.75 per cent year-on-year, totalling INR 176.78 crore versus INR 237.4 crore. On a quarter-on-quarter basis, the revenue stood 25.35 per cent lower than INR 237.4 crore. Net income plunged by 66.6 per cent year-on-year and 53.43 per cent quarter-on-quarter to INR 3.39 crore. A year ago, the company’s net income was INR 10.15 crore, and a quarter earlier, it was INR 7.28 crore. Operating income was also under pressure, reflecting a year-on-year plunge of 69.98 per cent and a quarter-on-quarter decline of 54.16 per cent to INR 3.69 crore. Rising operational costs...
Vedanta Aluminium, India’s leading aluminium producer, has appointed Luca Zipponi as the CEO of rolled products. In his new role, Luca will lead the growth and manage all operations for this product group, which serves sectors including automotive, insulation, power projects, electrical, and packaging. He will focus on leveraging technology to drive innovation and deliver enhanced value to customers, further solidifying Vedanta Aluminium’s market leadership and commitment to operational excellence. “I am excited to be part of Vedanta Aluminium. The rolled products vertical has tremendous potential in India, and I am excited about leveraging my expertise and global experience to deliver outstanding value to our customers and stakeholders,” said Luca Zipponi, CEO of Rolled Products, Vedanta...
Arab Aluminum Company (AAC), specialised in manufacturing extruding aluminium profiles for a wide range of industries like industrial and architectural, has announced its fiscal results for the first half of 2024, indicating a staggering growth in earnings. Arab Aluminum noted that its H1 net profit after tax stood at EGP 15.729 million, reflecting a surge of 110 per cent year-on-year from EGP 7.489 million. The company’s revenue rose 36 per cent Y-o-Y to EGP 249.435 million for the period of January-June 2024. A year ago, the revenue earned by Arab Aluminum Company was EGP 182.677 million. This significant increase in AAC’s H1 earnings could be attributed to the growing demand for extruded aluminium across the industrial sector, fuelled by a lot of new projects in the areas of...
Is life possible on Mars? This is one of the most trending questions scientists are trying to solve. According to the latest reports, scientists have devised a novel method to warm Mars by introducing engineered particles—similar in size to commercial glitter and composed of iron or aluminium—into its atmosphere as aerosols. These particles would help trap escaping heat and scatter sunlight onto the Martian surface. The goal is to enhance Mars' natural greenhouse effect, potentially increasing its surface temperature by about 50 degrees Fahrenheit (28 degrees Celsius) over a decade. While this approach alone wouldn't make Mars habitable for humans, the researchers view it as a feasible first step toward long-term planetary warming. "Terraforming refers to modifying a planet's environment...
Researchers at the Shanghai Institute of Microsystem and Information Technology, part of the Chinese Academy of Sciences (CAS), have developed a semiconductor chip insulator made from artificial sapphire, a breakthrough that could potentially extend smartphone battery life. The study proposes that the atomically thin sapphire film could facilitate the creation of more efficient two-dimensional circuits. Image source- CAS/CMG About the research A research team led by Di and Tian Ziao from the State Key Laboratory of Materials for Integrated Circuits at the Shanghai Institute of Microsystem and Information Technology, part of CAS, has developed a single-crystal aluminium wafer and introduced oxygen atoms at room temperature to create a single-crystalline aluminium oxide layer just 1.25...
Novelis Inc., an American industrial aluminium company that has etched its name in flat-rolled product manufacturing and recycling, announced the first quarter results for FY2024-25, which ended June 30. The results revealed robust earnings growth, led by a double-digit increase in beverage packaging shipments. As per the report, the company's net sales in Q1 rose 2 per cent over the year, amounting to $4.2 billion. Higher shipments and increased average aluminium prices jointly boosted the sales. Novelis' total flat-rolled product shipments surged 8 per cent to 951,000 tonnes from 879,000 tonnes in the previous year, primarily due to demand recovery for beverage packaging sheet, which was impacted earlier by customer inventory reduction activity. Novelis' Q1 report indicates the...
Scientists at the Institute of Non-Ferrous Metals of the Siberian Federal University (SFU) have developed an effective model for casting flat ingots from an economically alloyed aluminium-scandium alloy, initially created at the university for RUSAL. This innovative modelling approach for ingot crystallisation enables Russian manufacturers of aluminium semi-finished products in the shipbuilding, space, and aircraft industries to reduce production costs significantly. About this model By utilising this refined model to optimise casting parameters, manufacturers can produce ingots with more uniform structure and composition. As a result, products made from these ingots exhibit increased strength and wear resistance, are less prone to failure, and show a marked reduction in manufacturing...
During the first half of the year, Northwest Aluminum experienced a significant 68.37 per cent increase in profit compared to the previous year. The company also optimised its operating cash flow by 63.19 per cent and reduced its asset-liability ratio by 6.88 per cent. Product sales saw an uptick of 7.67 per cent, and the cost-to-expense ratio improved by 0.05 per cent, reflecting substantial cost reduction and efficiency enhancement. Electricity consumption was reduced, resulting in a cost savings of 1.25 million yuan. The scrap rate decreased by 0.56 per cent Y-o-Y, contributing an additional RMB 530,000 in revenue. In collaboration with the Technology Management Department, the Extrusion Manufacturing Department undertook the "Online Quenching of 6-series Aluminum Alloy Extrusion...
