Aluminium extrusion 2035 demand nears 44.22Mt: Industry experts decode next decade drivers
Global aluminium extrusion demand is entering a phase with consumption projected to rise from 35.25 million tonnes in 2025 to 35.93 million tonnes in 2026 and 44.22 million tonnes by 2035, representing a 2.29 per cent CAGR. While building and construction will remain the largest end-use sector and...
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...
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Alcomet reports net loss in Q1; extruded sales up 5.8%
Alcomet, a Bulgaria-based company that is principally engaged in the production of aluminium rolled and extruded products, published a net loss in the first quarter of 2020. The company reported a net loss of 772,000 levs ($446,000/395,000 euro) in Q1, from a net profit of 3.6 million levs last...
Aid towards COVID-19 testing: Aluminium extrusion maker Sagar Asia producing disinfection tunnels and testing booths for hospitals
Sagar Aisa, Hyderabad, India based aluminium extrusion maker and supplier for Walmart India, has remodelled its business to produce aluminium disinfection tunnels and testing booths towards the support of COVID-19. The company has repurposed its Hyderabad unit and came out with the new products in...
Recycled aluminium use in place of primary metal to gain back its pace: Rack Hu at 15th China Aluminium Processing Summit
At China Aluminium Processing Industry Summit 2020, Racket Hu, Vice President of SMM, said the usage of recycled aluminium in place of primary metal would continue in the long term, given the advantages of recycling in terms of cost and environment-friendliness. Speaking at the summit in Yantai, Hu...
Press Metal’s low-cost structure and scarcity premium for aluminium to underpin its stock price
Press Metal Aluminium Holding Bhd’s low-cost structure, good track record under the present management, and scarcity premium for aluminium are likely to support its share price. The company’s operating cash flows also look healthy as reflected in the financial results of Q1 CY2020 March 31, said...
Aluminum Extruders Council: Seeks an end to section 232 tariffs on imported Aluminum
The Trump Administration three years ago announced the 232 investigations into the national security implications of imported aluminium products. The US domestic aluminium industry was cheered up. It was presumed that finally, action would be taken on the largest threat to the domestic aluminium...
Balexo appoints Jassim Mohamed Seyadi as Board Chairman
The Bahrain based aluminium extrusion company, Balexo on 9 th June’20 made public the appointment of Jassim Mohamed Seyadi as its Board Chairman. Seyadi brings to this role more than 41 years of experience including 27 in the insurance sector and 14 years in manufacturing industry management. With...
Garner Aluminium Extrusions gives acceptance certificate to SMS group for new HybrEx 35 extrusion line
Garner Aluminium Extrusions, also known as Garnalex, has reportedly acknowledged the supply of extrusion line by SMS group by giving them the final acceptance certificate. Together with OMAV SpA, SMS group had installed an integrated extrusion line with HybrEx 35 as the core machine at Garnalex....
Tesla submits for a new, efficient aluminium alloy quenching process patent
Tesla has reportedly submitted for a patent for a new, more effective cooling process aimed at increasing the strength, rigidity, and energy absorption of aluminium alloy components. The patent entitled “System and Method for Facilitating Pulsed Spray Quench of Extruded Objects” describes a new...
ProfilGruppen Extrusions AB joins Aluminium Stewardship Initiative as new Production & Transformation member
ProfilGruppen Extrusions AB has joined Aluminium Stewardship Initiative (ASI) as a new Production & Transformation member. This brings the total number of members working toward a responsible aluminium value chain to 124. “The desire to make progress every day is an important attitude at...
Norsk Hydro: Executive Vice President for Extruded solution Egil Hogna to leave
Egil Hogna, Executive Vice President for the Extruded Solutions business area in Hydro, has decided to leave. Hydro Extruded Solutions is a manufacturer of extruded aluminium profiles. Egil is likely to take over as CEO for Norconsult, a Norwegian consultancy firm. The process to find a new leader...
Energy-saving furnace for Heck + Becker at its die-casting technology centre in Germany
At its Die Casting Technology centre in Germany, toolmaker Heck + Becker carries out casting tests for tool acceptance testing and fine-tuning innovative casting processes. It does this with the help of a fully automated die casting cell with a clamping force of 3,200 tonnes. Around 150 tonnes of...
COVID-19 Impact: Sri Lanka’s aluminium extrusions market to drop 40% due to lower demand and sales
The aluminium extrusions market in Sri Lanka is anticipated to drop 40 per cent, owing to the hit on the property sector by the COVID-19 pandemic, said Lanka Aluminium Industries Plc in a stock exchange filing. “We expect the market size for aluminium extrusions by approximately 40 percent and...
Operating rates at China's aluminium processors remained stable last week on strong domestic demand
Shanghai Metals Market, after surveying 41 major aluminium processors in 12 provinces revealed that the average operating rates increased 1.3 percentage points on weekly basis to 78.8 per cent last week. This growth was primarily driven by sustained strong consumption from the construction and...
Hulamin Operations (Pty) Limited joins ASI as new Production & Transformation member
Hulamin Operations (Pty) Limited has joined Aluminium Stewardship Initiative as a new Production & Transformation member. This brings the total number of members working toward a responsible aluminium value chain to 121. “Hulamin has an organisational culture that places great value on its...
Hydro Extruded Solutions facilities certified against ASI Chain of Custody Standard
Aluminium Stewardship Initiative (ASI) announced that Hydro’s seven facilities in Europe have been certified against the ASI Chain of Custody Standard. The certification is for its plants in Birtley (UK), Bedwas (UK), Cheltenham (UK), Chrzanów (Poland), Tibshelf (UK), Tønder Precision Tubing...
Twelfth International Aluminum Extrusion Technology Seminar rescheduled to May 2021
The Twelfth International Aluminum Extrusion Technology Seminar has been rescheduled on May 11 – 13, 2021, as announced by the Aluminum Extruders Council (AEC) and the ET Foundation. The seminar, now named ET 2021, will be conducted at the Hilton Orlando on Destination Parkway, minutes from I-Drive...
An AlCircle exclusive interview with Dr Mario Conserva, President of the International Aluminium Exhibition METEF
AlCircle is honoured to have had an opportunity to interract with Dr Mario Conserva, who is associated with the aluminium sector since 1963. He is currently the President of the International Aluminium Exhibition METEF, General Director of the International Magazine A&L Aluminium & Alloys, and...
Hydro Precision Tubing to close its plant by end 2020
Hydro announced that its business area Extruded Solutions will shut down Hydro Precision Tubing Remscheid GmbH (PT Remscheid) in Germany. The basis for continued operation is not present. The Remscheid plant, which employs 129 people, is estimated to close by end of December 2020. The facility...
