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Venezuela aluminum production continues to drop
04 MAR 20162MINS

Venezuela aluminum production continues to drop

Aluminum production in Venezuela continued to drop in 2015, the Ministry of Industry said in its annual report, after a year of labor conflicts, timid investment and a deep recession. Venalum, Latin America's largest aluminum factory, had output of 90,795 metric tons of the metal last year, a 15...

Apollo, Blackstone said among bidders for Ball-Rexam assets
02 MAR 20162MINS

Apollo, Blackstone said among bidders for Ball-Rexam assets

Apollo Global Management, Blackstone Group LP and Madison Dearborn Partners are in the second round of bidding for assets being sold as part of Ball Corp.’s acquisition of Rexam Plc, people familiar with the matter said. The divested operations could be valued at about $4 billion based on combined...

Sapa appoints new business area president from within own organization
02 MAR 20162MINS

Sapa appoints new business area president from within own organization

Sergio Luiz Vendrasco is the new president of Sapa’s Precision Tubing business area, the area in Sapa providing aluminium solutions for heat transfer applications to the automotive and HVAC&R industries. Vendrasco has been appointed business area president of Sapa Precision Tubing, succeeding...

Declining aluminium prices hit Hydro's earnings, production soars in Brazil
18 FEB 20163MINS

Declining aluminium prices hit Hydro's earnings, production soars in Brazil

Norwegian aluminium giant Norsk Hydro has announced fourth quarter results of 2015. The underlying earnings before financial items and tax declined to NOK 1,566 million in the fourth quarter, down from NOK 2,215 million in the third quarter of 2015. The decline mainly reflected lower aluminium and...

Argentina may launch anti-dumping probe into Chinese aluminium alloy wheel rim
15 FEB 20161MINS

Argentina may launch anti-dumping probe into Chinese aluminium alloy wheel rim

Argentina informed China’s Ministry of Commerce on February 4 that it has received written application from its domestic industry requesting anti-dumping investigation into certain aluminium alloy wheel rims originated from China. The aluminium alloy wheel rims that Argentina’s domestic industry...

AMD Supply aims to be the largest aluminium supplier in Miami
04 FEB 20163MINS

AMD Supply aims to be the largest aluminium supplier in Miami

Continuously expanding its aluminium product offerings, AMD Supply LLC is, “Delivering On its Promise of Low Cost, Better Quality, and Exceptional Customer Service”. AMD is a leading wholesale aluminium supplier in Miami, recently added a whole new array of products to their lineup, stepping closer...

Brazil alumina exports revenue declined 11.8% y-o-y in Dec: MDIC
28 JAN 20161MINS

Brazil alumina exports revenue declined 11.8% y-o-y in Dec: MDIC

According to the data revealed by Brazil’s foreign trade ministry, alumina exports of the country remained nearly stable year-on-year in December 2015. A total of 699,456 tons of alumina (aluminium oxide powder refined from bauxite) was shipped abroad last month, a rise from 698,969 tons in...

Ball completes acquisition of Brazilian Joint Venture
25 DEC 20151MINS

Ball completes acquisition of Brazilian Joint Venture

Ball Corporation announced that it has completed acquisition of the remaining 39.9 percent minority interest in Latapack-Ball Embalagens Ltda., which supplies beverage cans and ends to the local Brazilian market. Latapack-Ball was founded in 1995 and was one of the most successful joint ventures in...

Sapa’s Profile Academy completes another successful year of technical training
22 DEC 20152MINS

Sapa’s Profile Academy completes another successful year of technical training

Sapa’s Profile Academy is one of the most popular technical knowledge training exercises that the company organizes for external stakeholders. Another full year of workshops concluded with successful events in Argentina and the UK. Sapa established its Profile Academy concept in 1996 and has...

Brazil aluminium can recycling rate grew 12.5% in 2014
16 DEC 20152MINS

Brazil aluminium can recycling rate grew 12.5% in 2014

The recent report published jointly by the Brazilian Aluminium Association (ABAL) and the Brazilian Association of Highly Recyclable Cans Manufacturers (Abralatas) suggests significant rise in aluminium can recycling rates in the country during 2014. According to the report, Brazil recycled 289,500...

Ball wins Brazilian approval of proposed $8.2bn Rexam deal
15 DEC 20153MINS

Ball wins Brazilian approval of proposed $8.2bn Rexam deal

Ball Corporation has won Brazilian approval of its proposed £5.4bn ($8.2bn) acquisition of Rexam. The tribunal of Brazil’s competition watchdog, the Administrative Council for Economic Defense (CADE) approved the merger last week on condition it adopts structural and behavioural measures settled in...

Brazil aluminum output slumps through November
15 DEC 20151MINS

Brazil aluminum output slumps through November

Brazil's primary aluminum production fell 20.5% through November to 708,500t, local Aluminum Association Abal reported. Primary aluminum output in November dipped 11.5% year-on-year to 69,300t. Brazilian production of the metal began declining in March 2014 and has yet to bounce back. For full-year...

Mozal Aluminium again considered the largest company in Mozambique
14 DEC 20152MINS

Mozal Aluminium again considered the largest company in Mozambique

The Mozal Aluminium company was considered the largest company in Mozambique in 2014, according to the 17th edition of the list compiled by consulting firm KPMG Moçambique. KPMG analysed the performance over 2014 of the largest companies in the country through criteria such as turnover,...

First Bauxite Corporation gets mining licence extended
10 DEC 20153MINS

First Bauxite Corporation gets mining licence extended

First Bauxite Corporation announced today that the Government of Guyana (GoG) has granted a two-year extension to the construction commencement date under the Bonasika Mining Licence from January 31, 2016 to January 31, 2018. In addition, the GoG may grant a further one year extension to January...

Columbia's aluminium coils and sheets manufacturer signs contract with Russian Alfa-Metal
18 NOV 20152MINS

Columbia's aluminium coils and sheets manufacturer signs contract with Russian Alfa-Metal

Detal company and Russian Alfa-Metal have signed a contract for 3 years. Under the contract, Detal exports to the Russian market of 30 thousand tons of metal products. Products will mainly consist of rolls and boards colored aluminum. At the current price level, the cost of the contract will be $70...

Rexam issues Q3 2015 trading update
16 NOV 20153MINS

Rexam issues Q3 2015 trading update

Rexam, a leading global beverage can maker, issued the following trading update for the period from 1 July 2015. Results for the Group are in line with the plans. Overall global beverage can volumes were up 3% (1% excluding the acquisition of UAC) in the third quarter. Volume growth in Europe...

Brazil breaks aluminium recycling record
13 NOV 20152MINS

Brazil breaks aluminium recycling record

Brazil, the world's biggest collector of aluminium cans, broke its own record for recycling the material in 2014, the Brazilian Aluminium Association, or Abal, said. The numbers can be attributed to the rising costs of energy and the fragility of an economy plagued by recession and accelerating...

Ball Corp. acquires remaining interest in Brazilian joint venture
29 OCT 20152MINS

Ball Corp. acquires remaining interest in Brazilian joint venture

Ball Corp. announced that it will acquire the minority interest owned by its joint-venture partners in Latapack-Ball that supplies cans and ends to the Brazilian market. Ball Corp. said it will acquire the remaining 39.9 percent minority interest in the Latapack-Ball beverage-can business in...