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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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...
Yasuda Metal Industries orders HybrEx extrusion press from SMS Meer
Yasuda Metal Industries, based in Osaka, Japan, has placed an order with SMS Meer for an extrusion press of type HybrEx 14. Yasuda intends to use the press, which can attain a maximum force of 14.5 MN, to produce light-metal sections for windows and facades. It is capable of processing billets of...
Constellium launches new website for the soft alloys extrusions market in Europe
Constellium launched today a new website dedicated to the soft alloys extrusions market in Europe. It features Constellium's portfolio, capabilities and services in four languages: English, French, German and Slovak. Our five plants located in Germany (Crailsheim, Landau, Burg), France (Nuits Saint...
Gulf Extrusions launches first ever e-library for building consultants, architects and developers
Gulf Extrusions (Gulfex), a leading global manufacturer of extruded aluminium products, launched it's first-ever e-library. The release of the new e-library, which is in AutoCAD format, is aimed at helping architects, design professionals and developers in coming up with flawless designs for...
Locally, Sapa steps up with 37,000 hours
Increased knowledge is driving the use of aluminium solutions, and Sapa is one of the educators. Last year, the company provided more than 37,000 hours of technical training to external stakeholders worldwide – more than twice the amount provided in 2013. Most of the training is offered free of...
Sapa to step up its capabilities as a supplier of large profiles
Sapa is stepping up its capabilities as a supplier of large profiles, because more industries are looking into utilizing the benefits of extruded aluminium solutions in a bigger way than before. Local customers appreciate flexibility in their suppliers, and Sapa works with all sizes and shapes. The...
China Zhongwang net profit up 16.5%, driven by aluminum extrusion business
China Zhongwang Holdings Limited posted 2.5 billion yuan in net profit attributable to shareholders of its listed company in 2014, up 16.5% from a year ago, it said in a statement filed to the Hong Kong Exchanges and Clearing Limited. The company attributes the increase in net profit to growing...
Sapa endorses aluminium heat exchangers in India
Sapa demonstrated at ACREX India 2015 how it turns its global aspect into an asset for local service and technical support in aluminium heat exchangers. Every year, ACREX brings together players working in the air conditioning, ventilation, refrigeration and building services industries. It is the...
China aluminum semis exports fall 22.45% MoM in January 2015
China exported 380,000 mt of aluminum semis in January, up 42% YoY, but down 110,000 mt or 22.45% MoM, customs data showed. A 63.19% MoM plunge in extrusion exports dragged down overall aluminum semis exports. Extrusion exports increased 6.37% YoY to 67,000 mt, though. Foil exports gained 10.52%...
Gulf Extrusions receives Gulf Aluminium Council Health and Safety Award
Gulf Extrusions (Gulfex), a leading global manufacturer of extruded aluminium products, was awarded the Gulf Aluminium Council (GAC) Health and Safety Award, during a special awarding ceremony held at the Gulf Hotel in Bahrain. The award was given to Gulfex in recognition of the company's...
Abu Dhabi-based Senaat plans to spend Dh5bn developing downstream industries
Senaat, the state-owned industrial holding company, plans to invest Dh5 billion over the next two years to develop downstream industries and is considering an initial public offering of one of its units this year, the chairman said. Abu Dhabi-based Senaat, which has invested more than Dh16bn...
Sapa teams with Ford F-150 to create new aluminium solution
Sapa, the world leader in aluminum extrusions, has announced its partnership with Ford to supply the all-new F-150 with structural aluminum tubing, and provide ongoing development support for future aluminum extrusion applications. The 2015 Ford F-150, which Ford calls its “toughest, smartest, most...
National Aluminium plans RO7mn capacity expansion
National Aluminium Products Co (Napco) is planning a RO7mn capacity expansion to substantially increase volumes and increase market share. The company will install two additional extrusions presses in a phased manner this year and also set up a power coating plant. The company board has approved...
Aluminum Association reports North American downstream market updates
Aluminum Association reports North American (US & Canada) downstream market updates for the month of January 2015. New can stock (class) scrap receipts totaled 57.3 million pounds during January 2015, a decrease of 4.4 percent from the January 2014 total of 59.9 million pounds. Compared to the...
ADC completes inquiry into anti-circumvention activity in relation to aluminium extrusions
The Anti-Dumping Commission (“ADC”) has completed its inquiry into the alleged anti-circumvention activity of five importers (“Importers”) of aluminium extrusions exported by Pan Asia (“Goods”), which have allegedly avoided the intended effect of the duty imposed on certain aluminium extrusions...
Custom Aluminum announces expansion plans at Genoa Chamber of Commerce’s gala
Receiving one of the Genoa Chamber of Commerce’s most prestigious awards was an honor for Michael Cirone, but it didn’t compare to another announcement he heard Thursday. During the Genoa Chamber of Commerce’s Annual Meeting, City Administrator Joe Misurelli announced that Custom Aluminum plans to...
Constellium invests €22.5 million to expand casting, extrusion and fabrication capacity in Decin, Czech Republic
Constellium N.V. announced today that it is investing €22.5 million in its site located in Decin, Czech Republic. The investment, expected to be completed by April 2016, will include a new casthouse, a new indirect extrusion press line for production of hard alloy bars and profiles, a new drawing...
ET Foundation and Bonnell Aluminum invite student entries for 2015 aluminum extrusion student design competition
The ET Foundation, the educational and scientific organization devoted to promoting and advancing aluminum extrusion processes and technologies, and Bonnell Aluminum are seeking entries for the 2015 International Aluminum Extrusion Student Design Competition. Scholarships in the form of cash awards...
