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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Trinidad and Tobago to see $23 billion investments in energy and aluminium over next four years
According to a report from Trinidad Guardian citing a “secret” Ministry of Energy document, Trinidad and Tobago could expect $23 billion in investments in the downstream energy and aluminium sector over the next four years. The projects have the potential to create thousands of jobs during...
Brazil aluminium household articles export recorded a rise in 2017, U.S. tops the importer list
Brazil exported USD 19.24 billion worth of goods globally in May 2018, down 2.8 percent year-on-year. The decline was due to lower sales of manufactured goods and semi-manufactured goods. The exports of aluminium household articles by Brazil increased last year. Three-year trend analysis suggests...
Mexico’s import of aluminium from the US outpaced exports in 2017
Currently, Mexico is hitting the headlines due to the US tariffs on imported aluminium and steel and NAFTA negotiations. The country hit back fast on U.S. tariffs on steel and aluminium on Thursday, targeting products from congressional districts. The tit-for-tat measures would complicate the NAFTA...
Former Head of NICIL defends Rusal bauxite operations in Guyana
Former Head of the National Industrial and Commercial Investments Limited (NICIL) IN Guyana, Winston Brassington has defended the decision to bring back Russian bauxite company Rusal to Guyana. According to him it was in favour of the local industry and Rusal was the only company to show interest...
Hydro appoints John Thuestad as new head of Bauxite & Alumina
Hydro has appointed John Thuestad as new Executive Vice President for the business area Bauxite & Alumina effective June 1. Thuestad has more than 30 years of international experience from the metal and mining industry. "I am pleased that John Thuestad has accepted the position as new head of...
Ball Corporation reports strong results in Q1 driven by improved performance in all product lines
Ball Corporation reported net earnings of $125 million in the first quarter of 2018 compared to $68 million in last year’s first quarter. Excluding items, the company posted adjusted earnings of $180 million compared to $136 million last year. "Ball Corporation started the year strong, posting...
Ball Corporation’s new aluminium cans allow for branding on lids
Ball Corporation aims to help its customers boost branding on the top aluminium cans with new colourful lids. The company said its proprietary Cameo End Printing will add appeal for consumers looking for their favourite beverages. Jay Billings, Ball Corporation North and Central America vice...
US turns down South Africa’s appeal for exemptions from imported aluminium and steel tariffs
Among many other countries, South Africa had urged for an exemption from the US imported aluminium and steel tariffs claiming that its metal exports to the US is too marginal to pose any national security threat to the latter nor should affect the aluminium and steel manufacturers there. But...
Oldendorff to shut bauxite transshipment operations at Guyana
The United States unleashed sanctions against Russian aluminium giant Rusal on Friday April 6, 2018. Just in two weeks’ time, the sanctions have left around innumerable consequences, starting with Glencore and Rio Tinto’s decision to declare force majeure on Russian contracts followed by...
Venezuela’s aluminium alloy export grows in last three years
The global aluminium alloy market is projected to grow at an exponential rate over the next five years. Aluminium alloys are preferred in automotive sector due to lightweight components and better fuel efficiency. Venezuela’s exports of aluminium alloy increased over the last three years, reveals...
Ball recognizes six plants with most notable 2017 sustainability achievements
Ball Corporation is distinguishing six of its metal packaging manufacturing plants with the R. David Hoover Sustainability Award for significant progress toward the company's sustainability and business goals, which include making the can the most sustainable package in the supply chain. The annual...
Bauxite Angola’s mining project in Guinea-Bissau soon to restart
The prolonged wait of an Angolan company Bauxite Angola for resuming its cooperation project, particularly for exploring bauxite deposits seems to finally come to an end in 2018. In 2007, Bauxite Angola had secured rights to the bauxite reserves in Guinea Bissau and in April 2012, the project was...
Italy’s exports of aluminium household articles estimated to increase marginally in 2018
Italy exported USD506.3 billion worth of goods around the globe in 2017. The country exports substantial amount of aluminium household articles from the global market. The exports of aluminium household articles declined last year. Three-year trend analysis suggests that aluminium household...
Albras to trim down aluminium production by 50 percent
Albras Alumínio Brasileiro, the second largest aluminium producer in Brazil is going to curtail aluminium production by 50 per cent at its Albras Aluminium Plant, decided yesterday April 10, 2018 by the company’s board of directors. After curtailment, Albras will produce only around 230,000 tonnes...
Hydro completes acquisition of Arconic's two extrusion plants in Brazil
Norsk Hydro completes s acquisition of Arconic’s two extrusion plants in Brazil on April 2, 2018, strengthening Hydro’s downstream position in Brazil and creating a solid platform for further growth. The two extrusion plants at Utinga and Tubarão in southern Brazil that belonged to Arconic have one...
Ecuador mulls construction of a new aluminium plant in 2024
A new aluminium smelter will be constructed beside the hydroelectric plant on Ecuador’s Santiago River, starting June 2024, Pablo Campana, the Ecuadorian Foreign Trade and Investment Minister, said during his recent visit to Qatar. Source: Sputnik International The project costing around US41.9...
Hydro confirms no leakage from Alunorte alumina refinery
Norwegian aluminium company Norsk Hydro has confirmed that there has been no leakage or rupture of the bauxite residue deposits from its alumina refinery following reports of leakage and water contamination affecting communities in Barcarena. The plant, the world’s largest alumina refinery, is...
Data shows a decline in aluminium scrap export by Mexico in 2018
Mexico’s exports of aluminium scrap, a significant resource to be used as raw material to produce secondary aluminium, represent 1.4% of the total exports. Following an increase in 2016, exports of aluminium scrap from Mexico decreased in 2017. The country is estimated to witness a decrease in...
