The government has declined provisional protection against surging aluminium extrusion imports, leaving local producers waiting for the outcome of a wider safeguard investigation. New Zealand's aluminium extrusion industry faces several more weeks of uncertainty after the government decided not to...
ALENZ is calling for provisional trade protection as rising low-cost aluminium extrusion imports put pressure on domestic producers during an ongoing safeguard investigation. New Zealand's aluminium extrusion industry is urging the government to introduce temporary trade protection as imports surge...
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The Gulf region is gradually trending towards aluminium production and the metal aluminium is driving to become the largest manufacturing sector outside Gulf’s traditional oil and gas business. The GCC countries are home to 6 aluminium smelters, which are counted as the biggest, most modern, and...
Hydro has decided to install a state-of-the-art 3,000-ton 12” indirect aluminium extrusion press line at its Cressona facility, Pennsylvania. The installation involves $48.3 million investment to meet North America’s growing transportation, distribution, and industrial market segments. The company...
Hydro Extrusions has decided to spend EUR 45 million in the Nenzing aluminium extrusion plant in Europe. The company will increase production capacity by 30% to meet the growing demand of aluminium extrusions in the region. The aluminium plant will add a fourth extrusion line and expand mechanical...
On 19th July 2021, the organizations that emerge for their financial performance during 2010-2020 were honoured at the Awards Ceremony for the Greek business, "Protagonists of the Greek Economy", organized for the sixth time by the Direction Business Network. The awards were honoured based on the...
KPS Capital Partners (KPS) has acquired Metra Holding S.p.A. and Metra S.p.A., (collectively "Metra"). The company purchased Metra, a producer of extruded aluminium, from Highlander Partners. KPS also acquired Profile Custom Extrusions, LLC ("Profile"), a U.S. manufacturer of extruded aluminum....
According to the Shanghai Metals Market, China produced 3.22 million tonnes of aluminium in June 2021. That was down by 3.01 per cent month-on-month from 3.32 million tonnes after a hike last month. But on a year-on-year calculation, the output stood up by 7.3 per cent from 3 million tonnes....
Right from Hydro signing an agreement to sell 100% of Hydro Precision Tubing Lichtervelde (HPTL) to Aurelius Group to Novelis Korea Limited plant successfully receiving the ASI Performance Standard certification, the global aluminium downstream sector has witnessed many this week. Hydro Extrusions...
Hydro announced that its extrusion plant, which was idled a few years ago, will be reopened to meet rising demand for sustainable aluminium profiles. The facility will increase Hydro Extrusions Sweden’s capacity of aluminium profiles made with recycled aluminium by approximately 20%. The plant will...
The Norwegian aluminium company, Hydro’s Aluminium Metal unit has inked a letter of intent (LOI) to acquire land to develop a “state-of-the-art aluminium recycling plant” in Cassopolis, Michigan, that will produce aluminium extrusion ingot. The European company said: “The planned facility in...
The Board of Directors of Aluminium Extrusion Industries Plc (ALEX), the Nigerian pride in aluminium profiles has announced the resignation of three Non-Executive Directors from its Board. Aluminium Extrusion Industries Plc is a leading manufacturing company in Nigeria producing and marketing...
The UK body that investigates whether new trade remedy measures are needed to counter unfair import practices and unforeseen surges of imports, Trade Remedies Authority has begun its first investigation in response to an application from a UK industry. On 21st June the case was initiated. Trade...
Operating rates across major aluminium processors in China dropped 0.7 percentage point week-on-week to 75.7 per cent in the week ended on Friday, June 11. But aluminium wire and cable outperformed other sectors, buoyed by backlog orders. Aluminium foil companies’ operating rates also grew slightly...
Arconic Corporation, a leading provider of aluminum sheet, plate and extrusions, as well as innovative architectural products, has announced the release of its 2020 Sustainability and Environmental, Social and Governance (ESG) Report. The report was prepared in accordance with the Global Reporting...
Cansan Aluminium, based in Bursa, will receive a new, 40-MN, 10-in. front-loading extrusion press from Danieli Breda. The new press will allow the company to extrude more hard alloys, allowing it to broaden its automotive profile offerings. The commissioning of the press is scheduled for 2022....
The global aluminium downstream sector remained quite strenuous this week, Hammerer Aluminium revealed its €38 million investment towards the expansion of Ranshofen extrusion unit. Hydro accomplished the sale of its aluminium rolling business to American investment company KPS Partners. The leading...
Century Aluminum will expand production capacity at Mt. Holly aluminium smelter. The expansion is likely to be completed by the end of 2021. The company also announced an investment of more than $60 million to create 100 new jobs in Berkeley County at its Mt. Holly plant. The smelter casts molten...
The supplier of high-quality aluminium, Hammerer Aluminium Industries (HAI) reveals an investment volume of € 38 million towards the expansion of the extrusion facility in Ranshofen. HAI intends to root the investment by executing the operation of the 60 MN extrusion press at its facility at...
Decline in operating rates of primary and secondary aluminium alloy enterprises last week pulled down the operating rates of major aluminium processors by 0.6 percentage point, found the Shanghai Metals Market. Some construction extrusion companies were affected by electricity curtailment, while...
