India’s electronics aluminium demand to grow 10.18% CAGR: Why aren’t makers benefiting from strong domestic production?
India’s aluminium smelters operate with some of the highest margins in the value chain, at around 10 per cent, but this profitability is not reflected among downstream manufacturers, where margins are closer to 5 per cent. These companies convert the metal into finished products such as heat sinks,...
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...
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Gulfex to highlight latest trends in aluminium extrusions at 20th CRU World Aluminium Conference
Gulf Extrusions (Gulfex), a leading global manufacturer of extruded aluminium products, has revealed its participation at the 20th edition of the CRU World Aluminium Conference, which will be held from May 11 to May 13, 2015 at the Madinat Jumeirah, Dubai. During their participation, the company is...
ContiTech, Stihl select Sapa as supplier of the year
ContiTech Vibration Control has awarded Sapa’s aluminium extrusion plant in Slovakia, and Stihl has presented its top award to Sapa’s aluminium tubing plant in Belgium. The awards demonstrate Sapa’s focus on exceeding customer expectations through quality, value creation and supply performance....
Granco Clark announces the retirement of their valued CEO
Granco Clark, Inc., a global leader in the manufacturing of equipment for the aluminum extrusion industry, today announced the retirement of Larry Difatta as Chief Executive Officer. He will remain with the Company on the board of directors as Chairman. On May 1, 2015, Larry Difatta the CEO of the...
Minfa Aluminum to invest $99 million in aluminum alloy formwork project
Minfa Aluminum Co. raise no more than 613.63 million yuan ($99 million) via private placement to build 400,000 m2/yr aluminum alloy formwork project, it said in a statement. The project is scheduled to complete construction and enter operations in May this year, it said. This move will diversify...
Norsk Hydro: Sapa (joint venture) Investor Call – confirmation of date
Reference is made to the stock exchange release of February 5, 2015, announcing an investor call to be held by Sapa JV. The call will take place on May 18, 2015 at 3pm to 4pm CET. President & CEO of Sapa Svein Tore Holsether will give a 30-minute presentation, followed by a 30-minute Q&A session....
JNARDDC holds meet on ‘Extrusion'
The city-based Jawaharlal Nehru Aluminium Research Development and Design Centre (JNARDDC) organized a one-day national meet on "Extrusion' on Wednesday. Extrusion is a process used to create objects of a fixed cross-sectional profile. A material is pushed or pulled through a die of the desired...
China aluminum semis exports rose 23.08% MoM in March
China exported 300,000 mt of aluminum semis in March, down 6.25% YoY and 23.08% MoM, customs data showed. The SHFE/LME aluminum price drifted higher, unfavorable for aluminum semis exports. Moreover, falling overseas aluminum premiums made Chinese aluminum semis less attractive, another drag on...
Honda pioneers ablation casting with NSX
Although Honda has yet to reveal the intimate details about the new Acura NSX hybrid supercar, in the latest SAE World Congress the company revealed some interesting features about its body construction including a new aluminium technology used in the car for better rigidity. Honda claims, NSX will...
JNARDDC organizes one day meet on Aluminium extrusions at Nagpur
Jawaharlal Nehru Aluminium Research Development and Design Centre (JNARDDC), is organizing one day Meet on Aluminium extrusions in strategic applications and challenges ahead. The theme of this workshop is to identify strategic applications of aluminium extruded profiles in sectors such as defence,...
China Zhongwang 2015 first quarter net profit rises 15.9% to RMB580 million
China Zhongwang Holdings Limited, the second largest industrial aluminium extrusion product developer and manufacturer in the world and the biggest one inAsia, announced its unaudited consolidated results for the three months ended31 March 2015 (the "review period"). While quarterly revenue...
AEC to hold new sales & marketing workshop in June
The Aluminum Extruders Council (AEC) will present a newly developed educational offering with the AEC Sales & Marketing Workshop, scheduled for June 8-10, 2015 at the Loews Chicago O’Hare Hotel in Rosemont, IL. The Sales & Marketing Workshop is intended to benefit managers and leaders in extrusion...
Shelbyville company to invest in press, expansion
Brazeway announced recently that it will invest in a new extrusion press and expansion in its Shelbyville facility. The move is designed to continue Brazeway’s leadership in the HVAC, refrigeration and automotive aluminum heat transfer markets. The press will be the largest extrusion press in North...
Marine team impresses at boat show in Shanghai
Professional visitors from nearly 60 countries visited the China (Shanghai) International Boat Show. Many spent time viewing the extruded aluminium solutions from Sapa Marine. This year was the 20th anniversary of the show, held April 9-12 at the Shanghai World Expo Exhibition. Ship builders are...
150,000-tpy aluminum extrusion project to enter trial in China Henan soon
Luoyang Huazhong Aluminum Co. will put its 150,000-tpy aluminum extrusion project in Henan on trial soon, local media reported today. The project represents 1.77 billion yuan ($290 million) in total investment and will generate 4.2 billion yuan in sales revenues once fully operational, it said.
Aluminum processing capacity to hit 1.5 million tonnes in Qinghai’s Ganhe Industrial Park in 2015
Aluminum processing capacity in Qinghai’s Ganhe Industrial Park looks set to hit 1.5 million tonnes by the end of 2015, local media reported today. The industrial park has attracted many aluminum processors in recent years for easy access to aluminum liquid from smelters in the park. For example,...
Oman's National Aluminium to start production from expanded facility by early 2016
National Aluminium Products Company (Napco) will commence production from its expanded facilities by the first quarter of 2016. Napco is implementing a major expansion programme to double its extrusion capacity and quadruple powder coating services, the company's chief executive officer Robert...
Alexandria Industries’ CEO awarded Distinguished Service Award by AEC
Alexandria Industries’ CEO, Tom Schabel received the Distinguished Service Award from the Aluminium Extruders Council (AEC) considered to be their highest honour recognizing exceptional dedication and service to the industry. Schabel has been a member of the Council since 2005, serving as the...
China’s aluminum semis exports fell 2.6% MoM in February
China exported 390,000 mt of aluminum semis in February, up 178.57% YoY, but down 2.6% MoM, customs data showed. The Chinese New Year fell in February this year. This should have undermined aluminum semi exports. SMM attributes the unexpected rise in export volumes to token exports of aluminum...
