Low inventory supports aluminium prices to consolidate at highs; Peak season recovery pace awaits verification
Futures: The most-traded SHFE aluminium contract opened at RMB 24,590 per tonne in the night session on September 9, reached a high of RMB 24,660 per tonne and a low of RMB 24,565 per tonne, and closed at RMB 24,650 per tonne, up RMB 90 per tonne or 0.37 per cent from the previous close. Futures...
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,...
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OpenGate Capital acquires aluminium extrusion business from Constellium
OpenGate Capital, LLC, a global private buyout firm, announced yesterday it has acquired Constellium Extrusions, a highly specialized manufacturer of extruded aluminum profiles with operations in Saint-Florentin and Ham, France. Constellium, is divesting the business as part of an on-going strategy...
Sapa expects US aluminum extrusion demand to rise in 2013
US aluminum extrusion demand is expected to rise slightly this year, despite a slow start to the year, according to Jeff Henderson, Director of Marketing and Business Development for Sapa North America. The market has gotten off "to a slower start," he said, citing Aluminum Association data that...
AkzoNobel develops solution for aluminum applications in architechture
AkzoNobel the largest global paints and coatings company and a major producer of specialty chemicals has announced the availability of a new silicone-modified polyester coating solution for aluminum. Designed for spray application to aluminum, CERAM-A-STAR E is a new solution with proven durability...
APEL Extrusion moves to Coburg, Canada
APEL Extrusions, which is based in Calgary, Canada, plans to expand its West Coast operations by moving them to Coburg from Springfield in July 2014, President Mike Flynn said this week. To serve a growing number of West Coast customers, APEL plans in the next two years to add 25 to 30 people to...
A-FAB Initiatives, Inc. launches new website for aluminum extrusion manufacturers
A-FAB Initiatives, Inc., a fabrication services provider for aluminum extrusions in the United States, is launching a brand new web platform to build greater connectivity with manufacturers and producing mills across the country. At the platform, manufacturers, production mill workers and potential...
Aluminium to be on the spotlight at Intersolar North America
Hydro Aluminum will put aluminum in the spotlight at its Intersolar North America exhibition stand, booth 9129. The company says many of the technical qualities of the light metal are relevant for a range of applications linked to the solar industry, making aluminum highly competitive in comparison...
Dubai Municipality presents Green Industry Award 2013 to Gulf Extrusions
Gulf Extrusions, a leading global manufacturer of extruded aluminum products, has announced that it has received the Green Industry Award 2013 from Dubai Municipality in recognition of the company's exemplary environmental achievements over the past years. The award, which was presented to Gulf...
Aluminium Middle East expands business matching program to connect exhibitors with hundreds of buyers
Aluminium Middle East 2013, the third edition of the leading exhibition for aluminium products, technologies and investments in the Middle East which begins in Dubai, has announced a new B2B Business Matching Program that will make it easier for exhibitors to forge connections through an extensive...
China Zhongwang posts RMB495 million net profit for first quarter of 2013
China Zhongwang Holdings Limited together with its subsidiaries "the Group", the second largest industrial aluminium extrusion product developer and manufacturer in the world, today announced unaudited consolidated results for the quarter ended 31 March 2013. The Group reported quarterly revenue...
Gulf Extrusions to showcase its array of automotive, industrial and architectural profiles at Aluminium Middle East
Gulf Extrusions, a leading global manufacturer of extruded aluminum products, has announced that its participation at the upcoming Aluminium Middle East 2013, the leading exhibition for aluminium products, technologies and investments in the Middle East, will be headlined by a comprehensive...
Hydro and Orkla propose remedies to obtain EU clearance
Following the agreement between Norsk Hydro ASA and Orkla ASA to combine their respective aluminium extrusion businesses, the European Commission has expressed preliminary concerns regarding the possible competitive effects of the intended merger in certain markets. The concerns relate to...
Sapa’s Shanghai extrusion plant raises its game
Sapa Profiles' extrusion facility in China, located North West of Shanghai, which represents a strategic step for the company in establishing the group's first aluminium extrusion plant in China, has recently benefitted from the Sapa Group's capital improvement plan. The plant, known as Sapa...
Aluminum Extruders Council launches 4th edition of Aluminum Extrusion Manual
The Aluminum Extruders Council has released an important new resource for designers, engineers, specifiers, academics and other aluminum extrusion enthusiasts with the new Aluminum Extrusion Manual, Fourth Edition. The Manual is a comprehensive one-stop reference to help product designers and...
Government of Canada supports Establishment of Extrusion Technology Transfer Centre in Alma
The Honourable Denis Lebel, Minister of Transport, Infrastructure and Communities, Minister of the Economic Development Agency of Canada for the Regions of Quebec, and Minister of Intergovernmental Affairs, today announced that Universite du Quebec a Chicoutimi's Centre d'Entrepreneuriat et...
Lanka Aluminium Industries invests $4 million to expands its operations
Lanka Aluminium Industries PLC, a Board of Investment approved company listed in the Colombo Stock Exchange, has decided to expand the company's operation with an investment of $4 million. In a stock market disclosure, the company said Tuesday that the investment would be used to expand the factory...
Fletcher Aluminium returns as TPA sponsor
Fletcher Aluminium is the latest company to sign on as an official sponsor of Ensign Media’s Thailand Property Awards. This will be the third year the international aluminium extrusion manufacturer, which operates as part of the Australia and New Zealand-based Fletcher Building Group, has sponsored...
Companies to showcase their expertise at Alexasia 2013
The Aluminium Extruders' Council (ALEX) is pleased to inform you that the arrangements for the event are progressing as per schedule. ALEXASIA 2013 comprises of 2 Technical Conferences - ALEX 2013 on Aluminium Extrusion Technology, and GDC TECH 2013 on Gravity Die Casting Technology. The response...
AEC Board of Director results announced
The results of the annual election of officers and directors of the Aluminum Extruders Council were announced at the 64th Annual Meeting & Leadership Conference on March 14, 2013 in Orlando, Florida. Richard A. Merluzzi, President and CEO of Pennex Aluminum Company in Wellsville, Pennsylvania, was...
