Aluminium extrusion usage in building and construction to grow 1.24% CAGR through 2035, with Americas at 1.15%, Europe at 1.30% & MEA at 2.47%
What does the building and construction market mean for aluminium extrusion industry? The answer may depend less on how much the world builds and more on where it builds and what those buildings require. As construction activity picks up across regions, aluminium extrusion is set to follow - but...
Meagan Lalonde joins Metra North America as Architectural Sales Manager
Metra North America, leading manufacturer of engineered architectural systems specialising in custom fenestration, curtain wall, and building envelope solutions, has announced that Meagan Lalonde has joined the company as Architectural Sales Manager. Lalonde brings more than a decade of experience...
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Demand for alumina and bauxite to get a boost
The global market for Bauxite and Alumina is forecast to reach 211.3 and 76.2 million metric tons, respectively, by the year 2017. With global economy on the growth path post recession, both production and consumption levels are expected to display a positive trend, spurred by rising demand from...
Lower tax helps CSR lift profit
BUILDING products company CSR has reported a ''pleasing'' lift in annual net profit and says it is well placed to benefit from a market recovery, but has a bearish message on the housing market. For the year to March 31, net profit before significant items was $90.7 million, slightly higher than...
Vitex Extrusions spends $7 Million for expansion
New Hampshire, USA based Vitex Extrusions has spent $7M on an aluminium extrusion press and production line to double its annual output capacity. The new production line installation completed in December, increased plant output capacity from 18,000,000lbs to 30,000,000lbs/y. The modernised...
Mazor group reports a drop in earning
MAZOR Group, the steel, aluminium and glass products company, yesterday reported a fall in headline earnings per share from 8,2c to 4,8c for the year ended February. But the group’s steel division capitalised on a more buoyant demand in greater SA to offset the negative effect of a diminished...
Shares of Noranda Aluminum Under Pressure
Noranda Aluminum (NYSE:NOR) is a company whose shares are active, trading 2.5% lower to $8.46. The S&P is trading lower by 1.2% to 1,337 and the Dow is trading 1.2% lower to 12,664. Over the past year, Noranda Aluminum has traded in a range of $6.67 to $16.45 and is now at $8.46, 27% above that...
Dubal and Emal to shine at 10th International Aluminium Extrusion Technology Seminar and Exposition
The UAE's two primary aluminium producers - Dubai Aluminium 'Dubal' and Emirates Aluminium 'Emal' - will have a joint stand at the 10th International Aluminium Extrusion Technology Seminar and Exposition 'ET '12', which takes place in Miami, Florida, USA, from 15 to 18 May 2012. The ET events, held...
Global Aluminum Market to touch 71.2 Million Tons by 2018
Global Industry Analysts, Inc. brings about a smile to the aluminium leaders around the world with the release of its comprehensive global report on the Aluminum markets. The global market for Aluminum is forecast to reach 71.2 million tons by the year 2018. Major factors driving growth in the...
Chinese challenge aluminium dumping ruling
CHINESE manufacturers accused of dumping aluminium products on the Australian market are seeking to have the dumping notice overturned in the Federal Court. The legal action is expected to examine the close links between Chinese enterprise and government, and what constitutes a ''public body'' in...
AAMA Publishes Care and Handling Manual for Architectural Aluminum Product
AAMA CW-10-12, "Care and Handling of Architectural Aluminum from Shop to Site" has been published by the American Architectural Manufacturers Association (AAMA). The document was updated from the 2004 version and covers care and handling of architectural aluminum products from mill to fabricator to...
Aluminum Buyers in Japan to Pay Record Fee to Producers on Supply Drop
Aluminum buyers in Japan, Asia’s largest importer, may pay a record fee to producers after China boosted purchases and global smelters cut output. Premiums for the three months starting in July may climb more than $30 from fees this quarter between $115 and $127 a metric ton over the London Metal...
Fletcher Aluminium sets up a New Factory in Christchurch
Fletcher Aluminium has set up a new factory in Wigram to cater for the Christchurch rebuild. The new lease of the revamped Pilkington Drive property will benefit Auckland owner of the factory Barry Wither. He has owned the $2.1 million-valued building since 2009 and in January commissioned seismic...
Buyers Accumulate Shares of Noranda Aluminum, Up 2.0%
Noranda Aluminum (NYSE:NOR) is one of today's biggest movers, up 2.0% to $9.21. The Dow is trading fractionally lower to 13,024 and the S&P is currently trading fractionally higher to 1,371. Noranda Aluminum has overhead space with shares priced $9.21, or 31.8% below the average consensus analyst...
Aluminium-composite cladding gaining popularity among architects
Aluminium-composite cladding gaining popularity among architects because it is cheap, easily fixed to buildings, comes in different finishes and requires little if any maintenance over the life of a building. It is weather-resistant and is used extensively inside and outside buildings. It is also...
Habtoor Leighton Group wins USD 169 million contract from Ma’aden Alcoa Aluminium
Habtoor Leighton Group in joint venture with Dragados Gulf Construction Company / Intecsa Industrial (ACS Group), has been awarded a USD 169 million contract in Saudi Arabia for the construction of mine-related infrastructure for the Ma’aden Alcoa Aluminium joint venture’s bauxite mine. The project...
Alcoa Develops Aluminum Building-Exterior Panels that Sucks in Airborne Pollutants
Pittsburgh-based aluminum giant Alcoa has developed a new coating for its aluminum building panels that passively sucks in airborne pollutants and transforms them into harmless substances. Appropriately enough, the new panels are getting one of their first commercial tryouts at a new regional...
Astarc Group forms joint venture with Aliberico, Spain
Astarc Group has entered into a joint venture with the Spanish industrial and technological group, Aliberico. The joint venture is between Astarc’s Durabuild Technologies and Aliberico’s Alucoil S.A. – both manufacturers of Aluminium Composite Panels (ACP) and Colour Coated Coils. Durabuild...
Steel, aluminium producers in Asia Pacific region to face weak profit rating over the next quarter
The profitability of steel and aluminium producers in the Asia-Pacific region will continue to weaken over the next quarter at least, even in a soft landing scenario for China, according to Standard & Poor's Rating Services. In a report entitled “Most Asia-Pacific Metal And Mining Companies Face...
Cast Aluminium has Bright Future in Doors and Windows Industry
At present, cast aluminum products were popular with doors and windows market since its good performance. Cast aluminum doors, aluminum carving doors and copper carving doors were regarded as the new type anti-theft doors which were superior to the traditional in terms of level and art taste. But...
