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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Global production of aluminium aerosol cans reaches new record in 2014
Despite the numerous trouble spots around the world and restrained economic growth in many areas, the production figures released by the international producers of aluminium aerosol cans have only been heading in one direction for years: upwards. The industry also reported positive results for...
Capacity curtailment and value-add portfolio transformation raises Alcoa’s 1st quarter revenue
Alcoa kicks off the earnings season with the declaration of its 1st quarter results. The result beats market analyst’s expectations as far as revenue and income are concerned. Alcoa is going through a major transformation stage as it is shifting its priority towards creating a value added...
Production of primary aluminium dwindles in South America
The recent announcement of Alumar smelter shutdown, the fifth and largest smelter to be decommissioned since 2009, has hammered another nail into the coffin of South America’s dying aluminium industry. The three potlines at Alumar had been systematically shut down starting in 2013 and ending a few...
Alcoa to curtail smelting capacity in Brazil as reshaping of upstream portfolio continues
Lightweight metals leader Alcoa announced on March 30, 2015 that it will curtail the remaining 74,000 metric tons of smelting capacity at its São Luís (Alumar) facility in Brazil. The decision is aligned with the Company’s recent announcement to evaluate upstream capacity for possible curtailment,...
Venezuela steel, aluminum output hit lowest level in 30 years
Venezuela's production of aluminum and steel in 2014 fell to their lowest levels in three decades due to limited investment, aging machinery and chronic labor conflict, according to the industry ministry's annual report. Output at Venezuelan steelmaker Sidor, nationalized in 2008 by late socialist...
Bridgnorth Aluminium sees a 60% rise in customers over past year
Bridgnorth Aluminium, a producer of aluminium rolled products, has seen a 60 percent rise in customer numbers over the past year giving them ample reasons to celebrate. The company has bagged a number of contracts over the FY 2014-15 which includes deals with renowned companies like Siemens and...
Alcoa continues reshaping upstream business, 443,000 metric tons of Suralco’s refining capacity to be curtailed
Lightweight metals leader Alcoa today announced that it plans to curtail 443,000 metric tons per year (mtpy) of alumina refining capacity at Suralco in Suriname. In addition, the Company and the Government of Suriname have agreed to pursue a transaction for a Government-owned entity to acquire the...
Venezuela aluminum plant Venalum forced cut to metal quality
Venezuela's state-controlled smelter Venalum, the largest primary aluminum smelter in Latin America, will no longer be able to meet purity standards due to its deteriorating financial situation, according to a company document seen by Reuters. Venalum wrote to warn clients on Wednesday that the...
Rusal starts bauxite mining in Guyana
UC Rusal commenced mining operations at its $25 million Kurubuka-22 project, which is located near Kurubuka in Guyana. The bauxite deposit is estimated at 30 million metric tons (mt). Development began in 2013 with construction of the mine, infrastructure development, building of access roads,...
Alcoa Names José Aurélio Drummond President of Alcoa Latin America
Lightweight metals leader Alcoa today announced that José Aurélio Drummond will join the Company as President of Latin America effective March 9, 2015. Mr. Drummond, 50, will lead Alcoa’s Latin America region, supporting the Company’s transformation strategy through which Alcoa is growing its...
Crown Holdings expands Mexican footprint with fourth beverage can plant in Monterrey
US-based metal packaging products supplier Crown Holdings will build a new beverage can plant in Monterrey, Mexico, its fourth in the country, to address the growing demand. Crown will construct the new plant at the site which was a part of assets recently purchased by the company, previously...
Brazil aluminum output dropped 26% in 2014
According to latest trade statistics, the primary aluminum production by Brazil during the entire year 2014 declined sharply. The country’s primary aluminum output dropped 26.2% during the year to 962,000 tonnes. This is when compared with the output of 1.3 million tonnes during 2013. During the...
Novelis forced to import aluminum sheet due to Kentucky outage
Novelis Inc was forced to import aluminum can sheet from Asia and South America to make up for lost output from a three-week outage at its U.S. joint venture rolling mill in January, Chief Executive Officer Phil Martens said on Monday. The mill, which Novelis co-owns with Tri Arrows Aluminun, lost...
Novelis reports strong results for third quarter of fiscal year 2015
Highlights: New Business Model Drives Significant Improvement in Year-Over-Year Results • Net Income Grows to $46 Million • Sales Increase 18% to $2.8 Billion • Adjusted EBITDA Increases 16% to $236 Million • Shipments Increase 5% to 757 Kilotonnes, a Record Third Quarter • North American Auto...
Rexam and Mahou partner on promotional cans using Editions™ technology
Rexam, a leading global beverage can maker, has partnered with Spanish beer brand Mahou, to create promotional cans in support of its sponsorship of popular Spanish football club, Real Madrid. The cans which use Rexam’s Editions™ technology (patent pending) allow for eight different designs on the...
Brazil faces the possibility of electricity rationing; aluminium production at risk
Brazil is staggering from the lack of rain in the country as it is drying up water sources and putting hydroelectricity generation at risk. Now with the growing risk of power rationing, the country’s current aluminium industry is destined to suffer even more. Electricity is an absolute necessity...
Venezuela plans to produce 436,000 tonnes of aluminum
The governor made this remark, at the time of his visit to the aluminum plant, in order to inspect the asphalt paving associated with the aluminum plants. He added that the aluminum smelter collaborated with the State in 2008, when there was a hard drought in the Guri River, which is located to the...
State-governor believes Venalum can achieve 436,000 tons of aluminium production
Francisco Rangel Gómez, the state governor of Venezuelan south east state Bolivar, is hopeful that the state owned smelter Venalum will be able to produce 436,000 tons of aluminium, while the official was on a plant visit inspecting the asphalt paving of several areas of the factory. The official...
