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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Rowland Brown of Cirrus Capital, a local economist forecasts a 3.8% growth for the Namibian economy in 2021 after it experienced a contraction of 8.4% in 2020. “The contraction in 2020 will be the largest Namibia has recorded in her history, reflective not only of adverse external conditions but...
Gabon is an upper-middle-income country, being the fifth-largest oil producer in Africa it has had strong economic growth over the past decade, driven by its production of oil and manganese. The Executive Board of the International Monetary Fund (IMF) during July’20 approved a purchase of about...
Bangladesh has recorded as one of the rapid growth rates in the world in the past few years with a stable economic performance that has helped to reduce poverty and social inequalities. According to the updated IMF forecasts from 14 th April 2020 GDP growth was estimated to have reached 7.9% in...
According to the Shanghai Metals Market survey, aluminium processors’ operating rates declined last week by 3.6 percentage points from a week ago, primarily attributing to less operation ahead of the Chinese New Year (CNY) holiday and tight logistics. Construction extrusion, wire and cable, and...
South America has been one of the worst-hit continents from the Covid-19 pandemic, globally. Brazil, Mexico, Argentina, Colombia, and Peru have reported major flare-up. However, Uruguay stands out as having successfully kept the spread of the virus restrained. Despite some recent increase in new...
Aluminium Stewardship Initiative announced on Wednesday, January 20, that it successfully certified Lotte Aluminium Co, Ltd.’s rolling facility in Ansan, South Korea, against the Chain of Custody Standard. The facility’s operations include rolling, sepa-slitting, and annealing for the production of...
Aluminium Stewardship Initiative has announced the joining of Yunnan Haoxin Aluminum Foil Co. Ltd. as a new Production & Transformation member, which brings the total number of ASI Members to 152. Yunnan Haoxin Aluminum Foil Co. Ltd. is committed to the production, development, and sales of...
Alcomet AD, the only one of a kind manufacturer of rolled and extruded aluminium products in Bulgaria, has begun the operation at its upgraded production line for producing powder-coated aluminium profiles. The company has invested 1.4 million levs, equivalent to $883,200, for modernising the...
The year 2020 has been a tough year for Hong Kong’s economy. The region was already in a recession in 2019 due to US-China trade tensions and domestic social unrest. In the first two quarters of 2020, real GDP shrunk by around 9% year-on-year. Hong Kong’s import of aluminium foil has recorded 5563...
Flat rolled aluminium products manufacturer JW Aluminum will close its rolling foil products facility in Williamsport, Pennsylvania by January 29, 2021. The company is pursuing strategic purchasers regarding a potential sale of the plant. Stan Brant, Jr., Chief Executive Officer of JW Aluminum...
The COVID-19 outbreak has been the reason for serious political and socio-economic problems in many countries, including Armenia. Even before the COVID-19 pandemic hit the country, acting Prime Minister Nikol Pashinyan had an intense political struggle with representatives of former political...
The economy of Serbia stands as a mixed economic system in which the presence of the state in the economy is considerable, but the freedom for the private sector is limited. The World Bank labels Serbia as a middle-income country and its economy is transitioning from being dominated by the state...
The economy of Ecuador has been one of the most stable in Latin America. Ecuador has enjoyed a healthy economy supported by the dollarization regime, as the country uses the US dollar for its currency and high oil prices. Ecuador was the first country in Latin America to experience a significant...
Jiangsu Dingsheng New Materials Joint-Stock Co., Ltd. has been certified against Aluminium Stewardship Initiative Chain of Custody Standard Certification for its three production facilities in Zhenjiang, Jiangsu Province. The plants’ operations covers aluminium re-melting, continuous casting, cold...
The United Nations classified Jordan as a middle-income nation and the economy of Jordan is classified as an emerging market economy. Jordan is facing economic challenges in the time of COVID-19 and it is going through a recession. The travel and tourism sector has been the worst hit due to...
According to the World Bank and projections from Trading Economics, in 2019, the GDP of Germany was worth $3845.63 billion. The GDP value of Germany represents 3.17% of the world economy. Aluminium foil provides a complete barrier to light, oxygen, moisture and bacteria and due to this reason, the...
While having its roots firmly anchored in Brazil, Wyda Packaging South Africa is increasingly expanding its business in the African continent with top quality aluminium foil products and services. In October 2020, Wyda South Africa launched an online factory outlet for companies requiring small...
Luxembourg, the wealthiest country in the European Union with high per capita and its citizens enjoy a high standard of living. According to Trading Economics global macro models and analysts’ expectations, Luxembourg’s GDP is expected to reach $67 billion by the end of 2020. However, in the...
