The European Union’s aluminium extrusion trade is moving in two distinct, although equally subdued, directions. Exports have remained broadly resilient despite repeated fluctuations, while imports have been declining consistently since reaching a peak in 2022, according to International Trade...
At the US-Canada border, aluminium is constantly on the move, but the direction of trade is far from balanced. In the first six months of 2026, the US imported 907,581.44 tonnes of primary aluminium from Canada, while exporting only 78,886.12 tonnes of semi-fabricated aluminium products such as...
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Fairfax India Holdings Corporation announces that, through its wholly-owned subsidiary, it has entered into an agreement to invest INR 6,955 million (approximately $83 million at current exchange rates) for a 65.0 per cent interest in Global Aluminium Private Limited (“Global Aluminium”). The...
China’s comprehensive Purchasing Managers’ Index (PMI) for the aluminium processing industry witnessed an increase of 1.8 percentage point month-on-month, yet stood below the 50 per cent mark during August 2024, owing to the persistent traditional off-season in the domestic market. According to the...
Fonda, New York-based aluminium extrusion manufacturer Keymark Corp. has significantly bolstered its operations by adding a state-of-the-art coating facility in Lakeland, Florida. This expansion aligns with the company's strategy to enhance its offerings for the U.S. architectural and residential...
Swisstek Aluminium recently earned the Gold Award in the Organisation category at the Ceylon Institute of Builders (CIOB) Green Awards 2024. This accolade underscores Swisstek's status as Sri Lanka's leading sustainable aluminium extruder, adhering to top international standards with certifications...
UAE-based Dubal Extrusion Investment (DEI), a subsidiary of Dubal Holding (DH), has successfully completed the Phase I of the rooftop solar power generation project at OSE Industries, a local aluminium extrusion company under DEI's ownership. The project, carried out by Emirates Electrical...
Vimetco Extrusion, € 3.8 million project. Reduced CO 2 emissions, less waste in the manufacturing process. Vimetco Extrusion has completed the implementation of a project worth over € 3.8 million. The project involved the purchase of an automatic packaging line for finished products, an investment...
According to China customs data, domestic aluminium extrusion exports in July 2024 amounted to 90,300 tonnes, marking a dramatic month-on-month fall of 74.8 per cent but a modest rise of 0.83 per cent year-on-year. In June, Chinese aluminium extrusion exports, including HS codes 76041010, 76041090,...
Austria-based high-quality aluminium products supplier Hammerer Aluminium Industries (HAI) celebrated the inauguration of its new P61 extrusion press line and logistics centre at its headquarters in Ranshofen, Austria. The event, which drew guests from local government and business sectors, marked...
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...
Western Australian manufacturer Ciltech has rapidly established itself as a leader in designing and producing jetties, pontoons, and other marine infrastructure. The company's unwavering commitment to excellence and its use of high-quality materials, such as its proprietary aluminium extrusions,...
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...
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...
DUBAL Extrusion Investment (DEI), a wholly-owned subsidiary of DUBAL Holding (DH), has named Faisal Sarhan as the new Chief Executive Officer (CEO) of OSE Industries, a local aluminium extrusion company fully owned by DEI. Sarhan succeeds Magdy Samoul, who has served as CEO since 2012. Samoul will...
Kam Kiu Aluminium Products Group Limited, a leading aluminium extruder in Hong Kong, plans to invest $100 million in building an aluminium plant in Vietnam's northern province of Nam Dinh. According to Herley Lei, a company executive, this plant will be Kam Kiu Aluminium's first overseas...
According to the Shanghai Metals Market survey, China’s aluminium extrusion export volume, including HS codes 76041010, 76041090, 76042100, 76042910, and 76042990, amounted to 97,500 tonnes in June 2024, reflecting an increase of 6.47 per cent month-on-month and 9.14 per cent year-on-year. From...
During a visit to Custom Aluminum Products here this morning, Rep. Raja Krishnamoorthi (D-Illinois) expressed support for a trade case seeking to offset unfairly traded aluminum-extrusion imports brought by the U.S. Aluminum Extruders Coalition. Krishnamoorthi told 270 employees in a packed...
Charbel Saliba, with a background in economics, ventured into entrepreneurial endeavours shortly after completing his university studies. He successfully built and sold several businesses independently before his career took a significant turn. This pivotal moment came when his father-in-law...
LB Aluminium Bhd reported a significant increase in its net profit for the fourth quarter ended April 30, 2024 (4QFY2024). The company's net profit rose by 62.67 per cent, reaching RM9.43 million, compared to RM5.8 million in the same period last year. Higher contributions from both the aluminium...
