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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Aluminum production at Venezuela's CVG-Alcasa falls in November
Primary aluminum production at Venezuela's CVG-Alcasa totaled 3,568 mt in November, down 32.6% on output of 5,287 mt in November 2011, Alcasa said Thursday. November production was down 8% on output of 3,877 mt in October. Alcasa's production remains depressed as its October operating cell count...
Ball Corporation Completes Acquisition of Extruded Aluminum Packaging Facility in Mexico
Ball Corporation (NYSE:BLL) today completed its acquisition of Envases del Plata S.A. de C.V., a leading producer of aluminum aerosol packaging with a manufacturing plant in San Luis Potosi, Mexico. The San Luis Potosi plant produces extruded aluminum aerosol cans for personal care and household...
Rusal to boost bauxite production in 2013
The Russian aluminium company, Rusal, says it plans to increase bauxite production in 2013 while commencing work on a new deposit. Officials of the company made the disclosure to President Donald Ramotar during a meeting at the Office of The President on Tuesday. The meeting was held between...
Brazil remains aluminium can recycling champion
Brazil topped all its previous aluminium can recycling efforts by accomplishing a ‘historic’ rate of over 98% in 2011, the Brazilian Aluminium Association (ABAL) and the Brazilian Association of Aluminium Cans of High Recyclability (ABRALATAS) have announced. Ranked number one in the world since...
Brazil aluminum beverage can recycling rate is the largest in history
The Brazilian Aluminum Association and Associação Brasileira dos Fabricantes de Latas de Alta Reciclabilidade – ABRALATAS, the Brazilian Association of Cans of High Recyclability inform that the country has recycled 248.7 thousand tons of aluminum beverage cans of a total of 253.1 thousand tons...
Alcoa denies Brazilian aluminum production stoppage reports
US-based aluminum giant Alcoa has denied Brazilian press reports that it has stopped producing aluminum at its plant in the municipality of Poços de Caldas, in Minas Gerais state. According to local magazine Veja, Alcoa has become self-sufficient in electricity and noticed that it could earn a lot...
Guyana’s bauxite industry on sound footing
The Ministry of Natural Resources and the Environment through the Bauxite Unit of the Guyana Geology and Mines Commission (GGMC) has responded to A Partnership for National Unity for misrepresenting a number of issues relating to bauxite development, particularly within Region Ten. The Ministry was...
Brazil achieves 98.3% ABC recycling rate
Brazil has reported its highest aluminium beverage can recycling rate in history with 98.3%. Associação Brasileira do Alumínio (ABAL), the Brazilian Aluminum Association and Associação Brasileira dos Fabricantes de Latas de Alta Reciclabilidade (ABRALATAS) the Brazilian Association of Cans of High...
Venezuela's aluminum industry operates at 29% of capacity
Primary aluminum output in Guayana, south Venezuela, continues to dwindle. Aluminum makers Venalum and CVG Alcasa comprise 1,301 cells, yet only 387 cells are operative. Both companies are running at 29% of their installed capacity. The current number of operative cells slightly represents two out...
Aluminum production down 54.84% over a year in Venezuela
Between July 2011 and July 2012, aluminum production declined 54.84% in Venezuela, and primary steel production dropped 21.43%, according to figures disclosed by the Central Bank of Venezuela (BCV). In January-July, companies in the aluminum sector have performed poorly, as the lack of raw material...
Alcoa Participates in the Inauguration of Estreito Hydro Power Plant in Brazil
Alcoa (NYSE:AA) joined with Brazilian business and government dignitaries, including President Dilma Rousseff, in the inauguration of the 1087-megawatt Estreito hydroelectric power plant in Brazil. The power plant was developed by the Estreito Power Consortium, comprised of Alcoa (25.49%),...
Bauxite Angola looks for new shareholders
Mining company Sociedade Mineira de Investimentos Bauxite Angola is interested in the possibility of new shareholders, in order to boost its share capital, says mining engineer Guilherme António. Macauhub News Agency reports that António, who gave the information to Angolan news agency Angop, said...
Chinalco may Cut Down its Copper Unit IPO Size
Aluminum Corp. of China may cut the size of a Hong Kong initial public offering of its Peruvian copper mining unit by more than half to about $400 million, two people with knowledge of the matter said. Chinalco Mining Corp., a unit of China’s biggest aluminum producer, must submit new financial...
Danish Engg group wins supply contract in Venezuela
Danish engineering group FLSmidth & Co A/S on Thursday said it had won a contract in Venezuela worth $48 million for engineering, supply and installation of a feeding system for an aluminum smelter. The order had been placed by Venezuelan state-owned aluminum company CVG ALCASA, FLSmidth said in a...
Brazil’s cheap power plan hits the utilities sector while metals and mining companies gain
Brazil’s drive to make electricity less expensive wiped out $6.4 billion in market value for utilities, while making winners of metals and mining companies from Alcoa Inc. (AA) to ArcelorMittal. Electricity is their biggest expense, totaling 40 percent of costs for aluminum producers, according to...
Ball Corporation to Acquire Extruded Aluminum Packaging Business in Mexico
Ball Corporation announced today that it has entered into agreements to acquire Envases del Plata S.A. de C.V., a leading extruded aluminum aerosol packaging producer with a manufacturing facility in San Luis Potosi, Mexico, and to form a new joint venture in Argentina that will combine Ball's and...
Kwakwani Residents angered by APNU’s decision to block investment and employment
Residents of Kwakwani and surrounding communities are angry at the recent comments by A Partnership for National Unity (APNU) Executive Member, Lance Carberry that the party will be challenging the recent Mining Licence issued to RUSAL to expand its bauxite operation “We met with officials from the...
Guyana Bauxite sector sees 41.9% growth in first half of 2012
Attracting investors to the mining town of Linden is key to government’s developmental agenda for the people and the region. As such, Finance Minister Dr. Ashni Singh explained that investors continue to express interest in the mining sector that has contributed significantly to the Gross Domestic...
