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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BHP Billiton to cut down aluminum capacity at Alumar smelter in Brazil
As the challenges in aluminium industry persist, BHP Billiton, the global resource giant, have decided to cut down the capacity at Alumar smelter in Brazil starting in June quarter. The new curtailment by BHP follows suspension of Alumar’s 45,000t capacity in September 2013 quarter, said the...
Worldwide Aluminium Aerosol cans production tops seven billion
AEROBAL, the International Organisation of Aluminium Aerosol Container Manufacturers, reported a record result for 2013. With output rising by some two per cent to more than seven billion cans, the industry continued its upward trend. The industry managed to top the major seven billion mark despite...
Worldwide Aluminium Aerosol Cans Production Tops Seven Billion
AEROBAL, the International Organisation of Aluminium Aerosol Container Manufacturers, reported a record result for 2013. With output rising by some two per cent to more than seven billion cans, the industry continued its upward trend. The industry managed to top the major seven billion mark despite...
Aluminum heads for the biggest weekly gain since 2012
Aluminum has headed for its biggest weekly advance since 2012 November in London as there were orders to withdraw aluminum from the warehouses and producers have also cut down their output. According to LME data, canceled warrants (as they call the orders) jumped to its highest level this week...
Aluminum producers expect Brazil to ration power within a year
Brazilian aluminum companies, producing at the lowest level in 12 years amid high power costs and metal price declines, expect authorities to ration supply as a drought curbs hydroelectric generation in the country. Rationing is “almost certain” within a year, Tito Martins Jr., chairman of the...
Alcoa expands Brazil rolling mill to capture growing demand for specialty packaging in Latin America
Alcoa announced a $40 million investment (100 million BRL) in its Itapissuma, Brazil, rolling mill to increase production of specialty foils for aseptic and flexible packages. Demand for specialty packaging in Brazil is expected to rise seven percent annually over the next three years due to...
Alcoa to curtail 147,000 metric tons of aluminum smelting capacity in Brazil
Alcoa today announced it will curtail 147,000 metric tons of smelting capacity at its São Luís (Alumar) and Poços de Caldas smelters in Brazil due to challenging global market conditions in primary aluminum and increased costs that have made the smelters uncompetitive. The curtailments are expected...
Shandong Nanshan Aluminium reports a gain of 8.66% YoY in 2013
Shandong Nanshan Aluminium Co. reported an 8.66% YOY gain in their net profit in the year 2013 and also cited increasing competition from South America and South East Asia with global economy staying weak. The company made a total profit of 793.63 mn yuan ($128.74 mn) in 2013 or 0.41 yuan per...
Alberto Fabrini appointed head of Bauxite & Alumina business in Norsk Hydro
Alberto Fabrini has been appointed executive vice president and head of the Bauxite & Alumina business area in Norsk Hydro ASA. The appointment of Fabrini, currently head of Operations in Bauxite & Alumina, will be effective June 1, 2014. "As a Brazilian native with international experience and an...
Rexam, Smirnoff Ice partner to launch new aluminium bottle
British beverage can maker Rexam has partnered with Smirnoff Ice to launch a limited edition of the drink in its aluminium FUSION bottle. The 11oz aluminium FUSION bottles feature HD printing, a technique which allows the print of highly detailed images and are the lightest bottles in the South...
Aquilino Paolucci Named President of Alcoa Latin America and the Caribbean
Alcoa today announced that Aquilino Paolucci, Vice President of Business Development and Regional Affairs for Latin America, has been named President of Alcoa Latin America and the Caribbean (LAC), effective as of March 1. Paolucci succeeds Franklin Feder who is retiring from Alcoa effective August...
Novelis announces new global commercial and strategy leader
Novelis, the world leader in aluminum rolling and recycling, today announced the appointment of Manfred Stanek to the position of vice president, strategy, and chief commercial officer, effective April 1, 2014. In this role, Stanek will be responsible for developing Novelis' global strategy and...
Guyana bauxite project by First Bauxite Corporation faces financial hurdles
A US$120 million investment project by Toronto-based First Bauxite Corporation (FBC) for bauxite mining at Bonasika in Guyana seems to have struggled over finance issues and the project had not taken off yet as it was scheduled. First Bauxite Corporation (FBC), which was exploring bauxite deposits...
Aluminium producers in Brazil see output decline in 2013
Major aluminium producers in Brazil saw output fall year-on-year in 2013, with only Norsk Hydro’s Albras seeing a slight increase in production, according to figures from Brazilian aluminium association Abal. Albras, located in the city of Barcarena, in Brazil's Pará state, produced 452,300 tonnes...
Novelis announces new global commercial and strategy leader
Novelis, the world leader in aluminum rolling and recycling, today announced the appointment of Manfred Stanek to the position of vice president, strategy, and chief commercial officer, effective April 1, 2014. In this role, Stanek will be responsible for developing Novelis' global strategy and...
Brazil's Bauxite export fell in February while alumina remained stable
Brazil’s exports of bauxite fell in February 2014 while alumina shipments remained stable and aluminium increased, according to the country’s trade ministry. Bauxite exports from Brazil dropped 33.2% year-on-year in February on decreased volumes sent to North America. Volumes sent abroad amounted...
Aquilino Paolucci Named President of Alcoa Latin America and the Caribbean
Alcoa today announced that Aquilino Paolucci, Vice President of Business Development and Regional Affairs for Latin America, has been named President of Alcoa Latin America and the Caribbean (LAC), effective as of March 1. Paolucci succeeds Franklin Feder who is retiring from Alcoa effective August...
First Bauxite Corporation announces filing of first quarter financial statements
FIRST BAUXITE CORPORATION is pleased to announce that it has filed its first quarter financial statements and management's discussion and analysis for the period ended December 31, 2013. The company also announces that it has granted incentive stock options for the purchase of up to an aggregate of...
