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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Alcoa to permanently pull down the shutters at Suralco alumina refinery
<p>Alcoa Corporation announced on Tuesday that it will permanently close the Suralco alumina refinery and bauxite mines in Suriname, which has been curtailed since November 2015.<br /><br />The Suriname government and Alcoa will continue to work on the agreement concerning Suralco’s remaining...
Arconic signs more than $450 million in long term agreements for Alcoa wheels
<p>Global technology, engineering and advanced manufacturing leader Arconic has signed more than $450 million in long term agreements over the past year with customers in North America , South America, Europe and Asia for its forged aluminum wheels. The largest is a long-term agreement with PACCAR,...
December 11 marks 40 years of bauxite workers strike in Guyana
<p>This year marks 40 years since 42 striking bauxite workers were tear-gassed in a cell at the Linden Police Station. Only a handful of people about six are around in Linden; the rest are scattered or deceased. It was a most traumatic and ugly experience that left a bitter taste in the...
Trinidad & Tobago PM pins hope on the country’s aluminium downstream industry
<p>Dr. Keith Rowley, Prime Minister of Trinidad and Tobago told Parliament on Friday that “there still remains an opportunities for an aluminium downstream industry” even after abandoning such plans six years ago.<br /><br />According to him, a major stakeholder in the original plan is...
Worldwide aluminium extruders join in a league
<p>Intercontinental aluminium extruders formed an association – International Fair Trade Alliance – to promote and defend fair trade practices.<br /><br />The IFTA is a non-profit organisation created to unite aluminium extrusion manufacturers and suppliers in order to promote free and...
Mexico's aluminium ingot export estimated to decline 37% YOY while semis export keep surging in 2016
<p>Of late, Mexico has been hitting the aluminium industry headlines for all the wrong reasons, related mostly to its somewhat dubious role in the international trade market. According to the recent industry reports, significant quantity of fake aluminium semis has been emanating from the country,...
Brazil aluminium scrap import grew 32% YoY in 2015, beverage can export estimated at $107.63 mln in 2016
<p>Brazil, the Recycling Capital of the world, recycled 289,500 tonnes of aluminium beverage cans out of the 294,200 tonnes available in the market in 2014 - an all-time highest in the industry since 2001, reported the Brazilian Aluminium Association (ABAL) and the Brazilian Association of Highly...
Alutrint aluminium smelter project may return, says Trinidad PM Keith Rowley
<p>Trinidad is on the verge of witnessing a significant aluminium project getting restarted once the "economics looks good" - assured Prime Minister Dr Keith Rowley in an election meeting in Point Fortin on Wednesday. The People's National Movement (PNM) leader said his administration was working...
Hydro announces change in corporate management board
<p>Alberto Fabrini was appointed Executive Vice President and member of Hydro's Corporate Management Board in 2014. He was previously Chief Operating Officer in Bauxite & Alumina and plant manager of the Albras primary plant in Brazil.<br /><br />Fabrini has also held the position as plant...
Dubai’s exports of crude aluminium to Brazil valued at AED44m in 2015
<p>A new study conducted by the Dubai Chamber of Commerce and Industry revealed Brazil is Dubai’s top trade partner in Latin America. Non-oil trade between Dubai and Latin America valued AED17 billion in 2015. Chile ranked as Dubai’s second largest export market in Latin America. <br...
Huge aluminium stockpile discovered in Mexican desert: U.S. sees a Chinese connection
<p>As reported by the Wall Street Journal, two years ago, a California aluminium executive commissioned a pilot to fly over the Mexican town of San José Iturbide, at the foot of the Sierra Gorda mountains, and snap aerial photos of a remote desert factory.<br /><br />He made a startling...
Brazilian aluminium exports advanced 25.6% in June
Primary aluminium exports from Brazil advanced 25.6 per cent to 30,681 tonnes in June as compared to 24,435 tonnes in the same month last year, according to latest figures from Brazil’s foreign trade ministry, MDIC. Meanwhile, revenues from primary aluminium exports in June increased only 2.2 per...
Maxion Wheels opens new aluminium wheel plant in Brazil
Maxion Wheels, a division of Iochpe Maxion S. A., marked the opening of a new light vehicle aluminium wheel plant in Limeira, São Paulo, Brazil, this week with an inauguration celebration. The new plant, adjacent to the company's existing steel wheel plant, will add two million aluminium wheels per...
Brazil CADE approves Ball Corp's proposed Rexam plc acquisition
Ball Corporation confirms that Conselho Administrativo de Defesa Econômica (CADE) has formally approved the buyer of the divested assets of its proposed acquisition of Rexam PLC, indicating that Ball may now proceed to close on the acquisition. Ball is working to obtain the remaining regulatory...
Rio 2016 Olympic torch crafted from recycled aluminium
The Rio 2016 torch has been designed to represent the diversity and vibrancy of Brazil, and the Olympic spirit. It is made from recycled aluminium and resin with a satin finish, and can be opened out to reveal coloured segments during the relay. The torch stands 69 centimetres tall when fully...
Ball to sell US$3.42 bln of divestment assets to Ardagh
Colorado’s Ball Corporation announced last week that it and British-based American-owned Rexam PLC have come to terms with Luxembourg’s Ardagh Group over the sale of certain of Ball’s and Rexam’s assets in order to satisfy regulatory concerns involved in Ball’s purchase of Rexam. Ball and Rexam are...
Market for aluminium aerosol cans stable at high level in 2015
The production of aluminium aerosol cans worldwide remained stable at a high level in 2015. The member companies of AEROBAL (International Organisation of Aluminium Aerosol Container Manufacturers) reported total production of 5.4 billion aluminium cans and thus a repeat of the previous year’s...
First Bauxite Corp closes second tranche $11m non-brokered private placement
First Bauxite Corporation has announced the closing of the second tranche of a non-brokered private placement to Resource Capital Fund VI L.P. of a US$11 million principal amount secured convertible note bearing 8% interest and maturing August 1, 2017. The principal amount of the Note will be...
