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 drop in net profit and revenue in 2019; extruded output up 2.7%
Alcomet, a Bulgaria-based company that is principally engaged in the production of aluminium rolled and extruded products, reported a drop in non-consolidated net profit and revenue in 2019. The company’s net profit dropped from 13.6 million levs in 2018 to 9.4 million levs in 2018. Revenue stood...
Ball Corporation launches extruded aluminium bottle line
Ball Corporation has announced the launch of an infinitely recyclable aluminium bottle. The new impact extruded aluminium bottle line is available in various shapes and sizes and is customized for numerous beauty, personal care, food and beverage products. The company said it provides a circular...
Merit Aluminum joins ASI as new Production & Transformation member
Aluminium Stewardship Initiative (ASI) announced Merit Aluminum Inc. has become a new Production & Transformation member of the ASI. This brings the total number of members working toward a responsible aluminium value chain to 111. Merit Aluminum delivers high quality extrusions within customers’...
Garnalex Aluminium floats flag for British manufacturing with ‘Made in Britain’ certification
Garnalex has been honoured with the ‘Made in Britain’ mark of origin. Made in Britain is an organisation that acknowledges excellence in manufacturing and promotes British-made products across all sectors. It’s prime focus to bring together the best manufacturers in the UK under the single umbrella...
Alumex wins top honours at CA Sri Lanka Annual Report Awards
Alumex, Sri Lanka's leading fully integrated manufacturer of aluminium profiles, has won top honours by two of the most notable corporate awarding bodies in the region. The company has received the Silver Award in the Manufacturing Companies with a turnover above INR 5 billion category at CA Sri...
Steal Deal: Six Popular AlCircle Reports in a Special Year-End Combo Offer
That time of the year is here when you have to bid farewell to one year and welcome another. So, to make this moment memorable, AlCircle presents a ‘Special Year-End Combo’ offer consisting of its 6 most popular reports that will take you down to the market trend in the past and give a brief...
Hydro Aluminium Extruded Solutions’ seven facilities certified against ASI Performance Standard
Aluminium Stewardship Initiative (ASI) announced that seven additional Hydro Aluminium Extruded Solutions operations have been certified against its standards for responsible production, sourcing and stewardship of aluminium. The certification includes operations for ingot casting, extrusion,...
SMS group awarded contract to supply aluminium extrusion press to Constellium
SMS group has been awarded a contract to supply an extrusion press to Constellium Singen GmbH in Germany. SMS group will install a 45-MN aluminium extrusion press in a newly established production hall at the Singen site. The extrusion press will expand the company’s production capacity of...
North America's aluminum extruded product shipments drop 3.8% in January-October 2019
According to the latest reports from Aluminum Association, shipments of Aluminum Extruded Products (extruded shapes, pipe & tube, and rod & bar) by U.S. and Canadian producers stood at 203,572 tonnes during October 2019, a drop of 9.2 per cent from the October 2018 total of 224,075 tonnes. Month on...
McKechnie invests in new $18 million machinery to produce larger and complex aluminium profiles
McKechnie Aluminium, a pioneer in manufacturing and delivering high-quality aluminium components in New Zealand, has reportedly invested in new machinery worth $18 million for better production in the future. Already known for having the lowest carbon footprint in Australia, McKechnie Aluminium now...
Garnalex’s new aluminium extrusion facility set to begin operations this year
Garnalex, a new aluminium trade extrusion company that was formed in March 2018, plans to launch operations at the new £9m aluminium extrusion facility later in 2019. Aluminium extrusion machinery is already installed at a new production facility at Nether Heage in Derbyshire. The new investment...
Downstream aluminium products exports in the GCC countries continue growth trajectory
The Gulf Cooperation Council (GCC) countries have emerged as a major hub for primary aluminium production. The aluminium industry, which began only four decades ago with Aluminium Bahrain (Alba), is now one of the key economic drivers for the Gulf region, the fastest growing aluminium producer and...
Darley Aluminium inaugurates New Darley Victorian showroom
Darley Aluminium, an Australian business involved in the manufacture and distribution of aluminium extruded products, has opened a new showroom in Keysborough, Victoria. The new showroom will showcase the latest trends in residential and commercial window and door systems, including ClimateGuard...
Economy slowdown in India lowers aluminium demand by 6% in Q2 2019: Satish Pai
In a recent interview with The Economic Times, Satish Pai, the managing director of Hindalco, pointed out that the economy slowdown in India impacted domestic businesses, as a result of which, aluminium demand fell 6 per cent in the second quarter, affecting Hindalco’s business. Mr Pai also said...
Hydro to close fabrication business unit in the Netherlands
Hydro has announced that it will close the fabrication business unit in Drunen, Netherlands, due to challenging market conditions. This will affect around 40 employees and is expected to be completed by Q1 2020. “The closure is due to the challenging European market, particularly in trailer...
Aluminium downstream opportunities in the GCC
During the last decade, GCC has emerged as one of the major primary aluminium producing regions of the world, with production increasing from 1.8 million tonnes in 2008 to 5.3 million tonnes in 2018. The region’s share of world primary production increased from 4.5% to 8.3% during this period....
Arconic sees a marginal year-on-year revenue rise in Q3 2019 amidst lower net income
Arconic, in the third quarter results, revealed that its revenue grew 1 per cent year-on-year to stand at $3.6 billion, while the net income dropped from $161 million, or $0.32 per share, in the third quarter of 2018 to $95 million, or $0.21 per share in Q3 2019. The operating income also inched...
Press Metal Aluminium plans to acquire stake in PMB Aluminium Sabah for RM1.2 million
Press Metal Aluminium Holdings Berhad (PMAH) announced that its wholly-owned subsidiary PMB (Klang) Sdn Bhd entered into an agreement with Everlast Aluminium, a wholly-owned subsidiary of PMB Technology Berhad, for the proposed acquisition of the entire equity interest in PMB Central, PMB Northern...
