Aluminium extrusion 2035 demand nears 44.22Mt: Industry experts decode next decade drivers
Global aluminium extrusion demand is entering a phase with consumption projected to rise from 35.25 million tonnes in 2025 to 35.93 million tonnes in 2026 and 44.22 million tonnes by 2035, representing a 2.29 per cent CAGR. While building and construction will remain the largest end-use sector and...
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...
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Hydro needs to extend cost cutting as primary move for improvement programmes: Aasheim opines
Norsk Hydro ASA’s new President and CEO Hilde Merete Aasheim is of an opinion that the company needs to extend its cost cutting after a production halt in Brazil. She said in a statement, “We’ve been heavily affected by the Brazil situation. The effect of the improvement programs was erased to zero...
Capacity cut in Alunorte alumina refinery brought down US export of caustic soda in the first two months of 2019
According to a report from Platts, the ongoing 50% capacity cut at Hydro’s Alunorte alumina refinery in Brazil has affected US caustic soda exports in the first two months of 2019. According to the latest data from the US International Trade Commission US shipments of caustic soda was down 45% YoY...
Novelis announces new appointments and changes to the executive leadership team
Novelis Inc., the world leader in aluminium rolling and recycling has announced changes to its executive leadership team to further focus on enhancing its manufacturing capabilities, building up in-house talent and improving its operations. Tadeu Nardocci has been promoted to Senior Vice President...
Hydro's production volume dropped YoY in Q1 2019; to release complete Q1 financial results on June 5
According to the latest press update from Hydro, the company’s production volumes in Q1 2019 fell YoY, reflecting the continued Alunorte curtailment and the recent cyber attack that disrupted production putting up a number of operational challenges, primariloy in Extruded Solutions business. Hydro...
Ardagh plans to boost aluminium can market in Brazil by expanding Jacareí can and Manaus ends production facilities
Ardagh Group, a Luxembourg-based producer of glass and metal products, reportedly announced its plans to expand Jacareí can and Manaus ends production facilities in Brazil this year. Ardagh’s plans to expand the facilities are part of its commitment towards supporting the growth in the Brazilian...
Federal Court sets a new conciliatory hearing on Hydro Alunorte refinery embargo
The Federal Court in Belém, Brazil, has scheduled for April 12 a hearing regarding the embargo on the production at Hydro’s Alunorte alumina refinery, Norsk Hydro announced on Friday, 05 April 2019. Alumina refinery has been running at 50 per cent capacity since March 2018. In yesterday’s hearing ,...
Blackout in Venezuela brings down the curtain on Venezuelan aluminium sector with the closure of the last smelters
The oil-rich but crisis-ridden South American country of Venezuela suffered a massive blackout on March 7, affecting at least 18 of its 23 states. The power cut put the transport system in chaos and many facilities had to shut down in absence of power. The blackout started at 1:05 a.m. and lasted...
Mexico’s total aluminium scraps import to rise 103% YoY, while from the US 108%
Mexico is popularly known for having a large number of secondary aluminium smelters and die-casters which cater to the domestic automotive industry- globally the seventh-largest in production volume. Most of these smelters use aluminium scrap imported from various parts of the world, but mainly...
Russian media reports suspension of bauxite mining in Guyana by Rusal; workers deny claims
Russian news agency, Sputnik, reported yesterday, March 3 that the parent company of Bauxite Company of Guyana Inc. (BCGI) RUSAL has suspended their bauxite operation due to the on-going strike by the workers. The media report also confirmed moving of all mining equipment to a warehouse after...
Bosai invests US$23 million for expanding its bauxite operations
Chinese-owned Bosai Minerals Group Guyana Inc. is reportedly investing US$23 million as part of its expansion plan for Linden, Region 10, bauxite operations. The news arrived after Bosai made the announcement on Friday morning, March 1, which also said that this expansion would create additional...
Argentine aluminium producer Aluar starts a 50.4 MW wind park
Argentina-based aluminium producer Aluar Aluminio Argentino SAIC reportedly switched on a 50.4-MW wind park last week, located in the local province of Chubut. The wind park is named as Parque Ecolico Aluar and covers an area of 14,000 hectares. It has 14 wind turbines – all supplied by Vestas Wind...
Hydro Alunorte aims to produce at full capacity in weeks or months
Norsk Hydro aims to bring Alunorte alumina refinery back to full capacity within weeks or months, although the process still remains uncertain, Chief Executive Svein Richard Brandtzaeg told Reuters. The alumina refinery has been operating at half capacity since March after state environmental...
Mexico’s aluminium scrap import expected to see a rise this year; US to remain predominant exporter
Mexico’s aluminium industry has been growing steadily at a 13 per cent annual rate since the year 2011. The country produces 1.6 per cent of the world’s global production and depends highly on imports and recycling of aluminium products as it has limited resources of bauxite. For the same reason,...
MCP Yachts launches all-aluminium 92.5 RPH yacht Ragnar
MCP Yachts has announced the launch of MCP 92.5 RPH yacht. The yacht named Ragnar has been built entirely from aluminium with a 7.15 metre beam and a maximum draught of 1.85 metres. According to Boat International, MCP Yachts can fit the 92.5 RPH with a range of engine installations. With twin...
Aluminium association leaders from the U.S., Brazil, Canada, the EU, Japan and Mexico urged G20 leadership to address overcapacity
The Aluminum Association joined global aluminium association leaders from Brazil, Canada, the EU, Japan and Mexico and signed a letter to leaders of the G20 calling for renewed commitment “to tackling the issue of market-distorting aluminium overcapacity.” The association leaders, in the letter...
Mexico’s next government may impose tariffs on US aluminium and steel: Canacero official says
According to a senior official of Mexican steel trade group Canacero, Mexico’s next government is willing to impose tariffs on US aluminium and steel in case the Trump administration continues the duties on imported metals from Mexico. Canacero Vice President Raul Gutierrez said on Monday, November...
Mexico’s aluminium plates, sheets and strips import to rise in 2018; USA to be the top exporter
Having limited resources of bauxite from which alumina is extracted and converted to aluminium, Mexico has no alumina refineries in the country, and for the same reason, its aluminium industry is highly dependent on imports and recycling of aluminium products. Mexico’s aluminium industry has been...
Aluminum producer Aluar reports 54% gain in profits for H1 2018 on rising exchange rate
The aluminium producer Aluar, the only aluminium smelter in Argentina and one of the largest in South America has reported 54.5% increase in profits in its half yearly results. Based on the results, It announced peso 2,884 billion (79.71 million US dollars) dividends among its shareholders. The...
