European aluminium foil deliveries showed a clear improvement in the second quarter of 2026, following a subdued first quarter. EAFA member companies delivered around 238,000 tonnes between April and June, up 0.6 per cent year on year and 5.8 per cent higher than the 225,000 tonnes delivered in Q1....
US-headquartered global manufacturer of advanced electronic components, KYOCERA AVX has launched two new aluminium electrolytic capacitor series, viz., AEVA and AEVB, designed for high-vibration and high-temperature resistance in industrial applications such as robotics, motor controls,...
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The European Commission has announced its plans to impose antidumping duties on aluminium converter foil imported from China. The duty will range from 16% to29.1%. The antidumping duties will be provisional following the publication of the decision in the EU Official Journal. “The European...
According to figures released by the European Aluminium Foil Association (EAFA), aluminium foil deliveries from European foil rollers stood at 245,000 tonnes in the first quarter of 2021, an increase of 2.3% from 239,500 tonnes in 2020. EAFA reported that domestic demand witnessed modest...
The economy of Romania will grow by 6% in 2021, as stated by the International Monetary Fund, increasing its forecast for a 4.6% growth made in October’20. In 2022, the IMF expects Romania's economy to grow by 4.8%, as said in the April edition of its World Economic Outlook (WEO) report. The...
Recycled aluminium products manufacturer Chongqing Shunbo Aluminum Co has decided to construct a 5.6 billion yuan ($868.45 million) production base in China’s eastern Anhui province, Reuters reported. In a filing to the Shenzhen Stock Exchange, Shunbo inked a deal with Bowang district in the city...
As per the HDI ranking, Chile ranks 42 nd out of 189 countries and is considered as a FIRST WORLD nation by their metrics. The country’s GDP, quality of life, infant mortality rate, life expectancy, and HDI are enough for most economists to classify the country as developed. Chile's economic...
On 28 th April 2021, the U.S. Department of Commerce declared its preliminary determinations has uncovered imports of aluminium foil from four countries are being sold at less than fair value (or “dumped”) in the United States. Subsequently, the department will instruct U.S. Customs and Border...
Aluminium Stewardship Initiative has announced that it has certified Henan Zhongfu High Precision Aluminium Products Co., Ltd. against Performance Standard certification for casting and rolling activities in Henan, China. The plant produces aluminium can body stock, can end stock, can tab stock,...
The economy of Rwanda is almost dependent on agriculture. More than 90% of the population makes its livelihood by producing food crops or through industrial work involving the processing of crops. Agriculture contributes more than 40% of the nation's GDP. The landlocked country in East Africa has...
The Eurofoil factory in Rugles, France specializing in aluminium foils focus to sustain its activity and development. Eric Ligerot, General Manager, Eurofoil, admitted: "socially, it was difficult to live. After the Employment Protection Plan (PSE) in 2015 at the Eurofoil factory in Rugles (Eure),...
As a leading exporter of liquefied natural gas to Australia, Qatar lost its status in 2020, but it holds the position of the third-largest gas reserves in the world. The Emirate’s economy is thus heavily focused on the gas industry, which represents two-thirds of its GDP and almost 80% of export...
The unrivalled disruption of COVID-19 has caused geopolitical unrest and as the global order is modified, small emerging market economies like Sri Lanka are exposed to the fallout. Sri Lanka bestrides vital shipping routes and is at the centre of a diplomatic dispute between China and the United...
On 3 rd April 2021, ANG Lifesciences India Ltd announced its acquisition of printing and packaging firm, Mansa Print & Publishers Ltd, which has undergone corporate insolvency resolution plan, as part of its strategic vertical integration. Mansa Print & Publishers Ltd, located at Baddi in Himachal...
The COVID-19 pandemic blew Argentina's economy hard, as the nation is running in its third consecutive year of recession. The government is negotiating a fresh program with the IMF, which could be crucial for the country's sustainable growth with the second wave of the pandemic already started...
Latvia confronted a significant change in the political ecosystem in 2020. Anticipating 2021, the major issues include the COVID-19 crisis, taking into account the COVID-19 health crisis, the GDP growth forecast for 2021 has been revised downwards to 5.1%, from the 6.7% projected earlier. The...
China exported 1.23 million tonnes of aluminium foil in 2020, which reflected a downfall of 4.95 per cent from the exports in 2019, found the customs data. Exports of foil under HS code 76071110 (unprocessed aluminium foil without backing after rolling, thickness ≤0.007mm) totalled 293,400 tonnes...
The economy of Japan staged better than expected in December’20 quarter, but the recovery movement is at a low pace and economists predict the country’s economy to contract again on the running quarter due to a second state of emergency to restrict the spread of the coronavirus. The island nation...
Aluminium Stewardship Initiative has certified Assan Alüminyum against Provisional Performance Standard Certification for remelting and rolling activities at the Tuzla and Dilovasi production facilities in Turkey. The facilities, with an annual production capacity of 300,000 tonnes of flat-rolled...
Around the world, as most of the economies are suffering, the impact also continues the same for the Jamaican economy, which has been significantly impacted by the effects of the COVID-19 pandemic. On a bigger picture, the government revenues shrunk by double digits even as emergency health...
