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Chalco to Sell Stakes at Subsidiaries, Alcoa’s Tennessee Aluminum Rolling Mill Expands
15 MAY 20132MINS

Chalco to Sell Stakes at Subsidiaries, Alcoa’s Tennessee Aluminum Rolling Mill Expands

Chalco to Sell Stakes at Eight Aluminum Processing Subsidiaries The Aluminum Corporation of China (Chalco)’s aluminum processing business has the smallest gross margins and is the one of the major reasons behind its losses. As such, Chalco has decided to sell stakes at its eight aluminum processing...

Japan's demand for 99.9% aluminum doubles on end-user restocking
14 MAY 20132MINS

Japan's demand for 99.9% aluminum doubles on end-user restocking

Japan's consumption of high-purity aluminum ingot above 99.9%, used for condenser production, has doubled since the end of 2012 due to end-user restocking, market sources said on Monday. Japan's shipment of capacitor-grade aluminum foil used for electronic devices stood at 2,122 mt in March,...

World aluminium foil packaging market to record demand of 3.82MT in 2013
09 MAY 20132MINS

World aluminium foil packaging market to record demand of 3.82MT in 2013

Visiongain's analysis indicates that the world aluminium foil packaging market will reach a value of 3.82MT in 2013, with the majority of growth being derived from the developing markets. The global aluminium foil packaging market will exhibit solid growth over 2013-2023, and the majority of growth...

U.S. buys majority of aluminum foil exported by Armenian-Russian production
06 MAY 20131MINS

U.S. buys majority of aluminum foil exported by Armenian-Russian production

The export of the 0.2 mm aluminum foil from the Republic of Armenia to the U.S. during the first three months has recorded a growth of about 24 percent in comparison with the same period of the previous year. The State Revenue Committee of the Government of the Republic of Armenia informed...

Ess Dee Aluminum hits 52-week high on heavy volumes
12 APR 20131MINS

Ess Dee Aluminum hits 52-week high on heavy volumes

Ess Dee Aluminum has rallied 14% to INR 463, extending its over 8% surge in past two trading sessions, on back of heavy volumes. The stock opened at INR 414 and hit a 52-week high of INR 468 on the National Stock Exchange. A combined 880,982 shares have already changed hands on the counter till...

Alcha aims to increase aluminum foil production by 28.2% in 2013
26 MAR 20131MINS

Alcha aims to increase aluminum foil production by 28.2% in 2013

JANGSU ALCHA ALUMINUM CO., LTD pointed out in its 2012 annual report that 2013 was a critical year for the company. In 2013, the company will improve products production and sales volume to a new stage, complete product mix adjustment, and raise the proportion of high additional value products such...

Price war escalates among Chinese aluminum plate, sheet, strip, and foil producers
20 MAR 20131MINS

Price war escalates among Chinese aluminum plate, sheet, strip, and foil producers

SMM just finished its monthly survey on domestic aluminum plate, sheet, strip, and foil producers. Based on the survey, SMM expects operating rates at the surveyed producers to be 56% in March. In order to compete for market shares, many producers held offers for decorating and air-conditioner foil...

LLC's new report analyzes the flexible packaging uses industry
18 MAR 20131MINS

LLC's new report analyzes the flexible packaging uses industry

Research and Markets has announced the addition of Supplier Relations US, LLC's new report "Laminated Aluminum Foil Manufacturing for Flexible Packaging Uses Industry in the U.S. and its International Trade [2013 Edition]" to their offering. This latest Laminated Aluminum Foil Manufacturing for...

Alufoil Trophy 2013 winners demonstrate ideas for new products and markets
13 MAR 20132MINS

Alufoil Trophy 2013 winners demonstrate ideas for new products and markets

Great ingenuity to create innovative products, some with the potential to take alufoil into new markets, underlined the entries for the Alufoil Trophy 2013. Practicality was combined with style and creativity across all sectors. So good was the quality of entries that the judges were challenged to...

Hindalco declares lockout at Silvassa plant
27 FEB 20131MINS

Hindalco declares lockout at Silvassa plant

Aditya Birla Group flagship firm Hindalco Industries today announced a lock-out at its Silvassa plant in Dadra and Nagar Haveli following continuation of workers' strike. "...Due to continuation of illegal strike by workmen at company's Silvassa plant, the company is forced to declare a lock-out...

Short term delivery requests affecting aluminium foil manufacturers, says EAFA
19 FEB 20131MINS

Short term delivery requests affecting aluminium foil manufacturers, says EAFA

Short term delivery requests are continuing to affect production and planning of European manufacturers, according to the European Aluminium Foil Association (EAFA). The year ended with total production of aluminium foil products up 2.1% at 818,400t compared to 2011 levels of 801,600t and...

Aluminium Foil Deliveries in Europe positive in 2012, optimistic outlook for 2013
13 FEB 20132MINS

Aluminium Foil Deliveries in Europe positive in 2012, optimistic outlook for 2013

The moderate increase in demand and deliveries for aluminium foil products from European manufacturers, seen during the first three quarters of 2012, was maintained in Q4. The year ended with total production up 2.1% at 818,400t (2011: 801,600t) according to the European Aluminium Foil Association...

ArmenAl foil-rolling plant produced 26000 tons of aluminium foil in 2012
12 FEB 20132MINS

ArmenAl foil-rolling plant produced 26000 tons of aluminium foil in 2012

ArmenAl Armenian-Russian foil-rolling plant in Yerevan said it had produced 26,264 metric tons of aluminum foil in 2012, a 3.8% rise from a year before. The company said it was the highest rate for the entire 11-year period of operation. Sales increased by 4.8 percent to 26,312 tons of aluminum...

Standard Chartered Bank buys 1.60 lakh shares of Ess Dee Aluminium
05 FEB 20132MINS

Standard Chartered Bank buys 1.60 lakh shares of Ess Dee Aluminium

Standard Chartered Bank (Mauritius) bought over 1.60 lakh shares of Ess Dee Aluminium through bulk deal on NSE. The matching seller was the Canadian bank, The Bank of Nova Scotia Asia Ltd. The transaction was done at the share price of R319.9 per piece amounting to more than R5.12 Cr. Other...

SML launches new extrusion lamination line
24 JAN 20132MINS

SML launches new extrusion lamination line

In recent years, the flexible packaging market has demonstrated continuous growth. The demand for new packaging materials is on the rise due to pressure for longer product shelf lifes, a smaller CO2 footprint, reduced packaging weights, better optics, etc… Extrusion lamination is increasingly...

Closures campaign promotes aluminium
14 JAN 20131MINS

Closures campaign promotes aluminium

Organised through the European Aluminium Foil Association, the “Aluminium Closures – Turn 360°” campaign will run throughout 2013, spearheaded by the launch of a multilingual website, www.aluminium-closures.org. Backed by scientific research findings, the site highlights areas where this closure...

3rd Global Aluminium Foil Roller Conference early 2014 in Dubai
13 JAN 20132MINS

3rd Global Aluminium Foil Roller Conference early 2014 in Dubai

The European Aluminium Foil Association (EAFA) announced that the third global aluminium foil roller conference (GLAFCO) will take place from 15th – 17th January 2014 in Dubai. Delegates from the international aluminium foil roller industry are expected to continue the coordinated actions on foil...

New Products Output of Chinalco Henan Aluminum Broke 8,000 tons
07 JAN 20131MINS

New Products Output of Chinalco Henan Aluminum Broke 8,000 tons

At the end of November 2012, Chinalco Henan Aluminum Fabrication Co., Ltd’s new products development output reached 8,340 tons totally, occupied 13.46% of the total output. Since 2012, under the circumstance of fierce competition outside, Henan Aluminum’s manufacturing plants enhanced new product...