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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China Zhongwang’s revenue up 38.3% YoY in the six months ended 30 June
China Zhongwang Holdings Limited, the second-largest developer and manufacturer of industrial extruded aluminium products in the world and the largest in Asia, published announced its unaudited results for the six months ended 30 June 2019. The Group’s overall sales volume increased 63.7 % year on...
Hulamin to lay-off 380 employees after loss in its aluminium extrusions division in H1 2019
JSE-listed aluminium supplier Hulamin will reportedly shed some of its workforce. Around 380 employees are expected to lose their jobs as Hulamin has begun a right-sizing exercise after facing downfall in its aluminium extrusions division. Expressing deep regrets, chief executive officer Richard...
Low-priced Chinese imports hurt Hulamin’s aluminium extrusion business: Richard Jacob
South Africa-based aluminium supplier and exporter Hulamin has reportedly held low-priced Chinese imports and rising operating costs responsible for its distressed aluminium extrusion business. Richard Jacob, CEO of Hulamin, pointed out on Friday that cheaper aluminium imports from China strained...
Almex to provide aluminium billet and slab casting technology and equipment to Western Extrusions
Almex USA Inc. has announced its selection as the technology and equipment provider for the future casthouse of Western Extrusions Corporation of Carrollton, Texas, USA. Western is one of the leading independent aluminum extruders in North America and its Carrollton facility among the largest in...
AEC to organize the Aluminum Safety Summit in October in collaboration with other key associations
Aluminum Extruders Council (AEC) in cooperation with the Aluminum Anodizers Council (AAC), the Aluminum Association (AA), and the Aluminum Recyclers Council (ARC) has organized a New Aluminum Safety Summit to provide information related to safety in the aluminium industry. The Aluminum Safety...
Maan Aluminium reports 29.07% rise in total sales in the quarter ended June 2019
A local media report says Maan Aluminium has reported 29.07% rise in total sales to INR 135.91 crore in the quarter ended June 2019. This was against a sale of INR 105.30 crore during the quarter ended June 2018.The company is one of the key players in the aluminium extrusion industry in India and...
Scientists at Yazaki develops aluminium wire rods strengthened by carbon nanotubes
Scientists at vehicle wire harness manufacturer Yazaki’s research and development subsidiary YTC America have reportedly developed aluminium wire rods strengthened by carbon nanotubes, which could be a cheaper and lighter alternative for copper wire in automotive applications. Yazaki says that by...
China Zhongwang seeks legal advice after the company and its owner accused of ditching U.S. tariffs
After Liu Zhongtian, the largest shareholder of China Zhongwang Holdings Ltd had been accused of ditching the U.S. about US$1.8 billion in tariffs through a scheme, the company said on Sunday it was seeking legal advice on the matter. China Zhongwang said in a statement to the Hong Kong stock...
Hydro Extrusion USA Cressona Plant selects Banyard LFi Smart System
Inductotherm Heating & Welding is pleased to announce the successful Factory Acceptance of a new Banyard induction heater to Hydro Extrusion USA. The heater is combined with a Banyard LFi Smart System, and includes of a Zero Friction, Multi Zone Coil Induction Heater for 10” Aluminium Billets, for...
Turkey’s aluminium bar rods and profiles exports to Germany to remain flat in 2019 but exports to Iraq likely to grow
The increasing use of aluminium extrusions in building and construction sector has been generating considerable demand for aluminium bar, rods and profiles across the world. The aerospace industry is also contributing fairly to the rising demand for aluminium profiles. According to the forecast in...
The U.S. indicts Liu Zhongtian, owner of China Zhongwang for US$1.8 billion aluminum tariff evasion
Liu Zhongtian, chairman and president of China Zhongwang Holdings Ltd was accused of ditching US$1.8 billion in tariffs through a scheme under which, he had disguised “huge amounts” of aluminium as pallets and smuggled the material into the United States, federal prosecutors declared in Los Angeles...
Apex Aluminum Extrusions appoints Tony Da Silva as Vice President of Engineering
Apex Aluminum Extrusions, a premium North American aluminium extruder, has appointed Tony Da Silva, MBA, P.Eng., as Vice President of Engineering. He will report directly to Bill de Koning, Chief Operating Officer of Apex Aluminum Extrusions. Bill de Koning said: “Tony has proven himself to be...
Demand for photovoltaic-use aluminium extrusion to stay strong in China in H2 2019:
According to Shanghai Metals Market, demand for photovoltaic-use (PV-use) aluminium extrusion is likely to stay strong across China in the second half of the year, as the National Energy Administration (NEA) released on Thursday, July 18, the remaining quotas for residential solar qualifying for a...
France’s aluminium bar rods and profiles import from Spain estimated to grow 6% YoY in 2019
Aluminium bar rods and profiles market has been fairing high across the globe over the past few years, thankfully due to massive infrastructural advancements and refurbishment. By 2020 global aluminium extrusions market for the building and construction sector are likely to account for almost 74...
Napco appoints new CFO with over 10 years of experience in aluminium industry
Oman’s National Aluminium Products Co. (Napco) announced in a missive to Muscat Securities Market that it appointed Raees Ahmed, a member of Institute of Cost and Management Accountants (ICMA) of Pakistan, as its chief financial officer. Besides being a member of ICMA Pakistan, Mr. Ahmed has 11...
North American aluminium extrusion sector registered record high shipment of 2.5 million tonnes in 2018
The Aluminum Extruders Council (AEC) and the Aluminum Association reported that aluminium extruders from the US and Canada shipped 2.50 million tonnes of aluminium extruded products in 2018, 4.5 per cent higher than 2017 and 3.2 per cent higher than 2006. Extruded product shipment to domestic...
North American aluminium extruded product shipment dropped 1.9 per cent YoY in H1 2019
According to the latest report from Aluminum Association, shipments of aluminium extruded products (extruded shapes, pipe & tube, and rod & bar) by U.S. and Canadian producers stood at 210,920 tonnes during May 2019. This registered a 5.2 per cent drop from the May 2018 revised total of 222,623...
USA researchers reveal single-step technique to produce aluminium wire, rod and tube parts
According to a recent report, researchers at the USA’s Pacific Northwest National Laboratory has demonstrated a single-step production technique called ‘friction extrusion’ to produce aluminium wire, rod, and tube parts from aluminium powder. According to them, this would specially benefit the...
