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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Ball Corporation to construct new beverage can facility in Paraguay
Ball Corporation has planned to construct a new beverage can manufacturing facility in Asunción, Paraguay. One-line facility is expected to start production in the fourth quarter of 2019 and its capacity is contracted under long-term agreements. Carlos Pires, president of beverage packaging South...
First Bauxite Corporation secures a bridge loan for its Bonasika Bauxite Project
First Bauxite Corporation has announced that it has entered into a loan with Resource Capital Fund VI L.P. for a bridge loan facility with a principal amount of up to US$5 million. The fund from the Bridge Loan would be used for the purpose of funding development initiatives related to the direct...
Estimated aluminium wire import by South Africa to witness a drop in 2018
South Africa, the 33rd largest importer in the world, is estimated to import less aluminium wire this year. The top aluminium wire exporter to South Africa is Mozambique. Mozambique exported an estimated 26210 tonnes of aluminium wire in 2017. The country imports major chunk of this product from...
Crown partners with Eklo Water for aluminium beverage cans in Brazil
Crown Embalagens Metálicas da Amazônia S.A. (Crown Brazil), one of the biggest manufacturers of two-piece aluminium cans for soft drinks, juices and teas in Brazil and a subsidiary of Crown Holdings, has partnered with Eklo Water to bring the first flavoured water to be packed in aluminium beverage...
Vestas to construct second phase of wind park for Aluar aluminium smelter
Vestas, a Danish manufacturer and installer of wind turbines, has signed a contract with Aluar Aluminio Argentino S.A.I.C, Argentina’s leading aluminium producer, for the construction and installation of the El Llano wind park’s second phase. “The contract to build El Llano wind park’s second phase...
Waste aluminium can and foil recycling begins in the West after holidays
With the holiday season coming to an end, civic authorities across the Americas and the Caribbean have stepped in to clean the litters generated over the last few weeks. The objective is to collect and recycle all the recyclable waste such as aluminium beverage cans and aluminium foil and reduce...
Belzberg Architects forms curved aluminium strip structure around an office building in Mexico
An office building in Mexico City has experienced some aesthetic work on architectural aluminium when California firm Belzberg Architects has wrapped vertical aluminium strips around the outer cover of an office building in Mexico City. The design continues inside to form various nooks and private...
Hydro acquires Arconic's extrusion plants in Brazil
Hydro Extruded Solutions AS has agreed with Arconic to acquire its two extrusion plants in Brazil. The agreement will strengthen Hydro's downstream position in Brazil and create a solid platform for further growth. "We believe in the integrated business model and Brazil is the country where Hydro's...
Mexico sees slight increase in alumina import in 2017; the USA tops the exporter list
Mexico’s imports of goods increased 16.3 percent year-on-year to $38.97 billion in October. The country’s imports of commodities decreased at an annualized rate of -2.164%, from $326 billion in 2011 to $380 billion in 2016. The USA is the top supplier of alumina to the country. Mexico imported an...
Bauxite projected to bounce back in 2018
The bauxite industry is likely to see improvements in its performance with the increase in world demand for aluminum, and the construction of a new mine in 2018. The construction of a mine at Bonasika next year is anticipated to benefit the industry with added productive capacity, Minister of...
Argentina sees significant rise in bauxite import in 2017; China tops the exporter list
Argentina imported $54.7 billion worth of products in 2016. The country’s imports decreased during the last five years at an annualized rate of -6.705%, from $72.4 billion in 2011 to $54.7 billion in 2016. Argentina witnessed a fall in bauxite imports in 2016. The country’s export of bauxite is...
Argentina seeks new markets for aluminum as U.S. probes imports
Argentina is seeking new markets for its aluminum exports as the United States probes the national security implications of imports of the metal, an executive at Aluar Aluminio Argentino, the country’s leading producer, told Reuters. Aluar commercial director Miroslavo Puches said the company was...
First Bauxite Corporation receives extension for its Bonasika Project
First Bauxite Corporation, a Canadian natural resources company engaged in the exploration and development of bauxite deposits in Guyana, South America, has been granted an extension to commence construction work on its Bonasika Project. The construction commencement date has now been extended to...
Report projects a balanced aluminium market in 2017 and 2018, auto demand to drive aluminium consumption
According to the latest Resources and Energy Quarterly for September 2017 by Australian Government's Department of Industry, Innovation and Science, World aluminium production increased by 5.8 per cent YoY in the first eight months of 2017, to over 40 million tonnes. Production growth was driven by...
Brazil’s bauxite export is projected to increase in H2 2017
Brazil is the third-largest producer of bauxite in the world. The top destinations where Brazil exports its bauxite are: United States, Canada, China, Europe, South America, and many more. The country exported 1,644,831 tonnes of bauxite to China during the first seven months of this year....
Hydro issues force majeure notice due to production problems at MRN
Hydro has issued a notice of force majeure to its bauxite customers as Hydro will not receive the full contracted volumes from its supplier, MRN, due to lower production at the bauxite mine. This will affect Hydro's bauxite deliveries to customers. MRN, where Hydro has a 5% ownership and additional...
First Bauxite Corporation provides an update on its bauxite project
First Bauxite Corporation (FBX) has provided an update on its bauxite project at Bonasika in Cuyuni-Mazaruni (Region Seven), Guyana. The project with an investment of approximately US$50M is due to begin next year, according to the Ministry of the Presidency press release. Guyana’s Minister of...
Week in Review: Bauxite news updates from the globe
<p>The exports of bauxite in Brazil rose in June following 1.6 per cent year-on-year drop in the fourth quarter of the last financial year ending 31st March 2017. Bauxite export in June totalled 906,881 tonnes, up 9.3 per cent from the same period previous year<strong>.</strong></p> <p>Bauxite...
