Emergency duty on aluminium extrusion imports declined; NZ extruders await federal scrutiny
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...
New Zealand aluminium extruders urge urgent safeguard action as imports surge 38%
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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Bulgarian aluminium rolled and extruded company Alcomet joins ASI as 161th new Production & Transformation member
Aluminium Stewardship Initiative has announced the joining of Alcomet in ASI as a new Production & Transformation member. This brings the total number of ASI members to 161. Alcomet AD is a leading Bulgarian manufacturer of aluminium rolled and extruded products. It offers a large variety of foils,...
Vimetco Extrusion to expand Aluminium profiles extrusion line with EUR 10 million investments
Vimetco Extrusion, a downstream subsidiary of ALRO, will expand its production capacity with a new EUR 10 investment project. The investment involves the acquisition and installation of an automated extrusion line, supplied by Presezzi Extrusion spa. The new extrusion line will also generate...
Hydro’s four aluminium manufacturing plants receive ASI certifications in DACH region
Hydro announced that four aluminium manufacturing plants in the DACH region of Europe are now certified against the ASI Performance Standard and ASI Chain of Custody Standard. Hydro’s extrusion plants in the DACH region, offers products in Austria, Germany and Switzerland. The facility manufactures...
Twelfth International Aluminum Extrusion Technology Seminar further postpones to May 3-5, 2022
The Twelfth International Aluminum Extrusion Technology Seminar is again rescheduled to May 3-5, 2022, as declared by the Aluminum Extruders Council (AEC) and the ET Foundation this week. The event was previously postponed to May 11-13, 2021 , due to the coronavirus pandemic. The venue for the...
Press Metal Aluminium’s Q4 2020 revenue declines 3.7% due to the lower extrusion products sales
Press Metal Aluminium Holdings Bhd announced results for the fourth quarter and full year of 2020 The Group’s revenue was RM2.12 billion in Q4 2020 as compared to RM2.20 billion in Q4 2019, a decrease of RM81.00 million or 3.7% due to the lower extrusion products sales in Q4 2020. Profit before tax...
Dubal Holding acquires 60% stake in Aluminium extrusion firm OSE Industries
According to Dubai Industrial City, Dubal Holding’s decision to acquire 60% stake in Dubai-based aluminium extrusion company OSE Industries is a major vote of confidence in the UAE economy. The deal upgrades emirate’s position as investor-friendly manufacturing and logistics hub. UAE, the largest...
Constellium’s extrusion and automotive structure production facilities in Germany receive ASI CoC Certification
Three Constellium plants in Germany have received the Chain of Custody Standard Certification from Aluminium Stewardship Initiative. One is Constellium’s extrusion plant at Singen and the other two are automotive structure production sites at Gottmadingen and Dahenfeld. The news came on Thursday,...
ASI certifies Alu-Met GmbH’s aluminium extrusion billets plant in Germany against Provisional Performance Standard Certification
Aluminium Stewardship Initiative has certified Alu-Met GmbH against Performance Standard Certification for re-melting and casthouse operations at Aluminium GmbH Nachrodt plant in Nachrodt, Germany. The facility has a total annual capacity of 75,000 tonnes of extrusion billets of 6000 alloy series...
Hydro’s all Europe aluminium extrusion operations certified against ASI Performance Standard
Hydro announced that its entire aluminium extrusion operations in Europe are now certified against the Aluminium Stewardship Initiative (ASI) Performance Standard. This came after Hydro automotive components plant in the United Kingdom received ASI certification. “This is a remarkable achievement...
Moody's lifts Press Metal Aluminium’s rating for business reasons
On 8 th January 2021, the bond credit rating business of Moody's Corporation, Moody's Investors Service had withdrawn Press Metal Aluminium Holdings Bhd's Ba3 corporate family rating and negative outlook for business reasons. The bond rating firm said: "Moody's has decided to withdraw the rating...
‘Alcomet’ in Bulgaria posts standalone net loss of €1.8 million
Bulgarian manufacturer of rolled and extruded aluminium products ‘Alcomet AD’ posted a standalone net loss of 3.8 million levs (€1.8 million) in 2020 from a net profit of 8.6 million levs in 2019. In an annual financial statement, Alcomet stated that the revenue generation shrunk to 348.1 million...
Chinese aluminium processors’ operating rates drop 3.6 percentage points due to less operation for forthcoming CNY holiday
According to the Shanghai Metals Market survey, aluminium processors’ operating rates declined last week by 3.6 percentage points from a week ago, primarily attributing to less operation ahead of the Chinese New Year (CNY) holiday and tight logistics. Construction extrusion, wire and cable, and...
Japan’s aluminium extruded and rolled products output declines by 10% in 2020 on slower demand
Slowdown in demand due to the global manufacturing downturn amid the COVID-19 pandemic has resulted in a decline in Japan’s aluminium products output for 2020, found the Japan Aluminium Association. Data shows production of rolled and extruded aluminium products decreased by 10 per cent from a year...
Hulamin appoints Meganathan Gounder as new CFO
The South African Aluminium Company that specializes in rolled products, Hulamin appoints Meganathan (Mark) Gounder as CFO and Executive Director, with effect from 1 st April 2021. Gounder is an experienced finance professional with over 25 years’ experience. He has held various senior finance...
Covid-19 infections forced Kobelco’s Aluminium extrusion plant in Japan to shut down temporarily
The Japanese metal products maker Kobelco has been forced to shut down temporarily its aluminium product plants after discovering a group of Covid-19 infections. On 19 th January’2021, Kobelco is planning to close its aluminium extrusion plant at Chofu works in western Japan's Yamaguchi prefecture....
Hydro’s Magnor extrusion plant becomes the first aluminium extruder in Norway to achieve ASI certification
Aluminium Stewardship Initiative has certified Hydro’s aluminium extrusion plant in Magnor against its Performance Standard, recognising the plant’s responsible production, sourcing, and stewardship of aluminium. The certification covers the site’s production of aluminium solutions, including...
Danieli Breda secures order from PMS Aluminium in Turkey to supply new 40-MN front-loading extrusion press
PMS Aluminium, the Bursa-Turkey based company selects Danieli Breda to deliver a new, 40-MN, 10-in. front-loading extrusion press. The objective of PMS Aluminium's investment is to expand its product portfolio for the automotive sector with aluminium hard-alloy profiles. PMS Aluminium produces...
Hydro’s aluminium extrusion plant in Tønder bags ASI certifications
The Aluminium Stewardship Initiative has certified Hydro’s aluminium extrusion plant in Tønder, Southern Denmark, with its both Performance Standard Certification and Chain of Custody Standard. The certification covers the Tønder plant’s production of aluminium solutions, including extrusion and...
